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
