Silver Investor: Expanding Gold Resources in a Canadian Mining District

Published: Thu, 11/29/12

 
 

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News Alert! Increasing and Developing Gold Resource Ounces in a Proven Gold Mine District.


NI 43-101 Resource Calculation on the flagship Preview SW Gold Deposit coming soon….

Dear Silver Investor Readers,

2012 drilling highlights include 213.9 metres (m) of 1.63 grams/tonne gold
(g/t Au) starting at 11.70 m and 196.78 m of 1.04 g/t Au starting at 7.92 m

A Vancouver-based

gold-resource growth and development company, focused on high-grade gold deposits, is systematically expanding its resources in a relatively unknown Gold Belt in Saskatchewan. The region is host to millions of ounces of gold resources and reserves, it has two gold mines currently in production, and the potential for many more to exist.

The Company has an attractive share structure with only 33 Million shares outstanding, an approximate $7MM market cap, and about $4MM in the treasury.

The Company is La Ronge Gold Corp. (TSX.V: LAR), and it is operating in one of Canada’s emerging gold producing regions, the La Ronge Gold Belt, northern Saskatchewan. The Company has significant land positions with two Gold Deposits in this region: The Preview SW Gold Deposit and the Wedge Lake Twin Gold Deposit; both were originally explored in the mid ‘80s.

Core drilling during 2012 exploration on the Preview SW gold deposit expanded the previous known depth of gold mineralization by 50% (from historic 180 m to 270 m), and the strike length increased by 145% (from historic 250 m to 612 m). The deposit remains open along strike and at depth - all directions. A large portion (83%) of the Preview SW claims remains untested.

Drilling highlights of 2012 include

213.9 m of 1.63 g/t Au starting at 11.70 m and 196.78 m of 1.04 g/t Au starting at 7.92 m.

The flagship project of the Company is the Preview SW gold deposit, where exploration is taking place to expand and verify the historical gold resources. The Company is in the process of finalizing a NI 43-101 Resource Calculation on the deposit, and its release is imminent.

The President of the Company, Rasool Mohammad, B.Sc. (Mining) is an experienced mine-finder and has worked in many regions of the world on exploration and mining projects. Leading the exploration team is Gordon Davidson, P. Geol., a veteran of mine discovery and exploration throughout Canada. La Ronge Gold’s team of geoscientists uses world-class exploration techniques to evaluate/acquire land holdings in politically stable jurisdictions with multi-million ounces gold potential. The team has well over 100 years of collective mining and exploration experience on five Continents.

Stay connected and receive the latest news by signing up to the Company’s news alerts. click here... http://www.larongegold.com/?orig=ad


Disclaimer:

No stock exchange, securities commission, or other regulatory authority has approved or disapproved the information contained in this email.

This email includes certain "forward-looking statements." All statements other than statements of historical fact, included in this email including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of La Ronge Gold Corp., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from La Ronge Gold Corp.'s expectations include, among others, risks related to operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold and silver.

Although La Ronge Gold Corp. has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended.

There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

 

 

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