NioGold Mining Corporation is a junior exploration company primarily focused on GOLD.
Marban Block, Malartic Hygrade, Malartic H, Camflo West and Siscoe East, all located in the Malartic and Val-d’Or gold mining camps, Abitibi region of Quebec.
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Message: NR: NioGold’s $20 Million Joint Venture with Aurizon is a Game Changer

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NR: NioGold’s $20 Million Joint Venture with Aurizon is a Game Changer

posted on Oct 28, 10 11:58AM

October 28, 2010

NioGold’s $20 Million Joint Venture with Aurizon is a Game Changer

Primary Value Drivers:

  • 50,000 meter drill program now underway on NioGold’s 100% owned Marban project by Aurizon Mines, who is earning a 50% interest in exchange for a CA$20 million investment in drilling plus a cash payment for ½ the gold resources estimated at CA$20+ million ;
  • Advanced exploration targets on past producing projects in historically prolific Malartic-Val dʼOr Mining Camps;
  • Quebec is the world’s number 1 mining jurisdiction as rated by the Fraser Institute of Canada;
  • Fully funded CA$20 million deposit delineation and exploration campaign without share dilution;
  • Partnership with Aurizon will fast-track identification of additional resources and potentially reserves for a future mine.
  • Aggressive exploration of remaining 90% of property package and continuing land acquisition provide significant upside potential through new discovery.

Please find below a link to the full research report on NioGold by the Midas Letter

http://www.midasletter.com/subscribers/MidasLetter_Premium_NOX_101026.pdf


For further information please contact:

Dale Paruk
NioGold Mining
Tel: 604-662-4505
Toll-free 1-877-642-6200
Email: dparuk@niogold.com

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