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NioGold has consolidated
a large 70 km² land package in the prolific Malartic and
Val-d’Or mining camps, located in the Abitibi region of
Quebec, Canada. |
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The Abitibi is host to a number of
current and former world-class gold producers yielding
more than 170M ounces of gold since the early 1900’s.
The Malartic and Val-d’Or mining camps presently
encompass several active advanced exploration and mine
development projects.
NioGold’s land holdings include
former gold producers and undeveloped gold zones that
offer the opportunity to rapidly define resources. The
grounds also cover large under-explored sectors located
along known mineral trends deemed highly prospective by
NioGold for new gold discoveries. The Company is
directing its efforts on the advanced-stage Marban Block
property where NI 43-101 compliant resources totalling
342,000 ounces gold are presently defined. The depth
extension of the gold system on the Marban Block
represents “blue sky” potential as very limited drilling
has occurred below 500 m vertical depth. Gold mines in
the Malartic and Val-d’Or camps typically extend to
depth of over 1,000 m.
The Company’s near term objective is to outline
resources of over 1M ounces of gold through well focused
exploration drilling. NioGold has budgeted for a $4M
exploration program in 2008 that includes over 25,000 m
of drilling.
The exploration programs are managed by an experienced
and highly qualified technical team, who meticulously
supervises every aspect of day-to-day operations. In
addition, Quebec supports the mining industry by
maintaining a stimulating mining tax system. From the
Quebec Government, the Company receives, in some cases,
between 30% and 45% in tax credits for work performed in
the field, allowing the company to use tax credits for
refinancing with no dilution to the share structure. |
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LEGAL & ACCOUNTING |
| Stock
Exchange |
TSX Venture
Exchange |
| Stock
Symbol |
NOX.V |
| Company
Formation |
March 30,
1988 (NioGold Sept. 25, 2002) |
| Classification |
Junior
natural resource - mining |
| Financial
Year End |
August 31 |
| Jurisidictions |
British Columbia, Alberta,
Quebec |
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For a complete
archive of financial information, see the Company’s
annual and quarterly filings with the Canadian
securities regulators on
SEDAR |
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TRANSFER AGENT
Pacific Corporate Trust Company
510 Burrard Street,
2nd Floor
Vancouver, BC V6C 3B9
Tel: +1.604.689.9853
Fax: +1.604.689.8144
Email:
pacific@pctc.com |
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SOLICITORS
Anfield Sujir Kennedy & Durno
1600-609 Granville Street, PO Box
10068, Pacific Centre
Vancouver, BC V7Y 1C3
Tel: +1.604.669.1322
Fax: +1.604.669.3877
Pothier, Valiquette, Hochenburger, Rochefort
1155 University
Suite 1216
Montreal, Quebec
Tel: +1.514.874.0491 |
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AUDITOR
Robert
W.R. Bishop
13308 Crescent Road
South Surrey, BC V4P 1K4 |
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BANKING
CoastCapital Savings
20550 Fraser Highway
Langley, BC V3A 1K4 |
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