Two New High Grade Gold Zones Discovered at Marban
September 19, 2011
Val-d’Or, Quebec - September 19, 2011 - NioGold Mining Corporation (TSX-V:NOX) (“NioGold”) is pleased to report on the latest drilling results at the Marban Block property, located in the Malartic gold camp, Abitibi region of Quebec. The drilling program is conducted under the terms of the Aurizon Mines Ltd. (“Aurizon”) earn-in option agreement.
Results from ten (10) drill holes at the Marban deposit reported on September 13 and twenty (20) new holes included in this release have resulted in the identification of two new gold zones surrounding the former Marban mine.
The best results from the new ‘High Grade Western Zone’ include 5.9 grams of gold per tonne (g/t Au) over 15.7 metres (MB-11-195) and 906.2 g/t Au over 2.9 metres (MB-11-198).
The second discovery, the ‘Eastern Down Dip Zone’, includes intersections at depth of 7.0 g/t Au over 10.9 metres (MB-08-053ext), 179.5 g/t Au over 1.2 metre (MB-11-228), and 6.1 g/t Au over 12.6 metres (MB-11-242).
The recognition of distinct zones of higher grade gold distribution and indication of steeper plunges previously unknown is significant and adds new exploration potential at depth at Marban.
Drill results from the twenty (20) new holes are tabled on the following pages. Also refer to results released on September 13, 2011, and attached Marban longitudinal section.
It's all happened before and it will all happen again. Might as well profit from it.
