NioGold is a mineral exploration company focused on GOLD.

The Company’s flagship projects are located in the Cadillac - Malartic - Val-d’Or region of the prolific Abitibi gold mining district Quebec.

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Message: Re: Niogold buys more property/Abitibi Greenstone

Feb 08, 2008 12:14PM

Hi Ladyjewel,

I'll answer your other questions in another post because I want to give some attention to the smelters and other infrastructure already in place in the area and show how significant that is.

However, let's just focus on the area where Niogold is located for a moment and where they've expanded their properties. I doubt they're even done their buying now. In fact, I get the impression that the plan is to consolidate a large mass of property.

The location of the Niogold properties is in the Abitibi Greenstone belt, which has produced 170 MILLION ounces thus far and is only 10% explored.

Now consider that there is a hwy running through the middle of it allowing easy transport and access. Also consider that this is in Quebec which was recently voted the world's #1 best place to mine. They offer all kinds of incentives and pro mining programs that help to stretch a dollar way further.

The potential here is incredible! I leave it at that for now.

/db

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