Ranger Gold Corp. Completes First Phase of Summer Drilling Programs
20 Maio 2010 - 10:30AM
Marketwired
Ranger Gold Corp. (OTCBB: RNGC) -- Ranger Gold Corp. (the "Company"
or "Ranger") is pleased to announce it has completed the first
phase of its planned summer drill programs.
"We have completed sampling and mapping on both the CX and
Truman properties," says Gary Basrai, President of Ranger. "Results
are positive and support our previously identified drill targets.
We are now moving forward with our exploration plans and will be
applying for a drill permit shortly. We have also engaged a
contractor so that we can commence drilling in as timely a manner
as possible."
The CX Property consists of 72 unpatented mineral claims
covering six epithermal gold-silver targets within a caldera margin
that hosts at least two other major gold-silver mines including the
prolific Round Mountain Mine. The Truman Property consists of 52
unpatented mineral claims and covers eight epithermal gold-silver
targets near the center of the historic Walker Lane trend.
Ranger has the right to earn a 100% interest in both properties
by making certain annual option payments and by accruing minimum
exploration expenditures.
"We believe the potential for the CX and Truman Properties is
significant, and we are very excited about drilling in 2010," says
Gary Basrai, President of Ranger.
About Ranger Gold Corp. Ranger Gold Corp. (OTCBB: RNGC) is a
US-based resource exploration company exploring for gold in proven
gold regions of Nevada. It is focused on discovering and developing
low-cost gold assets in order to provide maximum return for its
shareholders.
Disclaimer: This announcement may contain forward-looking
statements which involve risks and uncertainties that include,
among others, limited operating history, limited access to
operating capital, factors detailed in the accuracy of geological
and geophysical results including drilling and assay reports; the
ability to close the acquisition of mineral exploration properties,
and other factors which may cause the actual results, performance
or achievements of the company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. More information is included in
the company's filings with the Securities and Exchange Commission,
and may be accessed through the SEC's website at
http://www.sec.gov.
Contact: Investor Relations 1-877-230-5888
www.RangerGoldCorp.com info@rangergoldcorp.com
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