Reasons to invest in NIOGOLD!
posted on
Apr 11, 2008 07:34AM
The Company’s flagship projects are located in the Cadillac - Malartic - Val-d’Or region of the prolific Abitibi gold mining district Quebec.
Top Reasons to Invest in Niogold (NOX – TSX-V)
Exploring in a region which historically is one of the highest gold producing regions in the world. 170 million ounces have been mined in the Abitibi greenstone belt with only 10% explored.
Quebec voted number 1 place for mining and exploration IN THE WORLD, according to Fraser Inst. Poll. http://www.fraserinstitute.org/commerce.web/newsrelease.aspx?nid=5180
Third drill recently added. Now there are 2 drills going at Marban and one at Norlartic deep drilling.
Updated resource calculation coming this spring.
Drill results are strong and will continue to come all spring and into the summer.
Independent report on Niogold been prepared by Objective Capital out of London should be ready by mid May, 2008.
Upcoming site visit by a group of newsletter writers. Potential for new coverage.
Actively promoting through venues such as German mining show April 11-13 and PDAC.
Possibly more property acquisitions planned for upcoming year.
Located on Canada's “Golden Hwy” with year round road access to site which helps lower costs. Compare to remote locals accessible only by helicopter.
Nearby assay labs and processing plants are road accessible.
Quebec stretches a mining buck. For each million spent on exploration. $300.000 return by Quebec gvt.
Well financed with a lot of money in the bank.
Head geologist has high degree of experience and expertise of geology in this particular region of Quebec. Niogold employs 5 full-time geologists while other companies struggle to find geologists who are in short supply.
Coverage by several newsletter writers including Jay Taylor and Lawrence Rouslton
Ratio of Market Cap to Asset Value is extremely low.
Early stage exploration with some high grade results over short lengths so far.
Fully operational exploration office 15 employed Val d-Or. (valley of gold).
Mining in a stable, mining friendly country; Canada, with a well developed infrastructure for mining. Access to electricity and roads.
Results! 6.46 g/t Au over 7.0m from most recent drill with avg of 4.3 g/t.