North Country Gold Corp.
TSX VENTURE : NCG

North Country Gold Corp.

July 06, 2011 08:30 ET

North Country Extends High-Grade Gold Trend at Three Bluffs

Results include 7.34 g/t Au over 25.00 m, 8.06 g/t Au over 30.49 m, and 43.02 g/t Au over 4.00 m

EDMONTON, ALBERTA--(Marketwire - July 6, 2011) - North Country Gold Corp. (TSX VENTURE:NCG) (NCG or the "Company") today announces initial results from the 2011 drill program at Three Bluffs West Zone within the Three Bluffs Gold Project in the Committee Bay Greenstone Belt located northeast of Baker Lake, Nunavut, Canada. Drilling has intersected high grade gold to depth, west of the current resource area, increasing the strike length of the core Three Bluffs zones to over 1300 metres.

"Our first results from the 2011 program in the Three Bluffs area have again demonstrated the tremendous potential of the project," stated John Williamson, President and CEO of North Country Gold Corp. "These current diamond drill hole results are from the western end of our resource area where previous shallow drilling intersected relatively low-grades. NCG believes there is an excellent opportunity to significantly increase the resource at Three Bluffs as the mineralization remains open to depth along the length of the Walker Lake Trend, and we are confident that ongoing drilling will identify new mineralization and expand the existing high grade shoots to depth," added Mr. Williamson.

The diamond drill holes included in this release are part of the $25 million, 2011 drilling program designed to develop resources at nominal 50 x 50 metre spacing to an initial vertical depth of 200 metres along the 4.1 kilometre Walker Lake trend. Diamond drilling has focused on delineating and expanding resources in the Antler and Three Bluffs West areas. Full results for the currently released 10 diamond drill holes are in Table 1, and a longitudinal section displaying mineralized pierce points is given in Figure 1.

Two reverse circulation holes, 11TBC001 and 11TBC002, were completed as infill holes within the current Three Bluffs resource area. Results of 8.06 g/t Au over 30.49 metres and 2.20 g/t Au over 16.76 metres correlate favorably with surrounding historic diamond drill holes, and support the use of the reverse circulation technique as a cost effective exploration tool on the project. Reverse circulation drilling in 2011 is primarily designed as wide-spaced shallow exploration holes and drill fences along untested portions of the Walker Lake Trend. The results of the reverse circulation drilling are anticipated to rapidly identify additional new high-grade gold mineralized zones along the covered and untested portion of the trend, which will then be further delineated utilizing diamond core drilling.

Table 1. 2011 Diamond Drill Results – Three Bluffs West
Drill Hole Type From (m) To (m) Length (m) Au (g/t)
11TW014 DD 170.00 172.00 2.00 2.09
190.00 199.00 9.00 2.92
including 195.00 199.00 4.00 5.26
11TW015 DD 105.00 109.00 4.00 43.02
126.80 155.00 28.20 2.24
including 148.00 155.00 7.00 6.07
11TW016 DD 146.00 157.25 11.25 7.36
including 152.00 157.25 5.25 12.66
11TW017 Assays Pending
11TW018 DD 170.00 175.00 5.00 1.61
182.00 184.00 2.00 5.41
11TB101 DD 94.40 149.00 54.60 1.25
including 145.00 149.00 4.00 7.69
11TB102 Assays Pending
11TB 103 DD 147.00 174.00 27.00 2.45
including 163.00 174.00 11.00 4.62
or 169.00 173.13 4.13 8.83
11TB104 DD 108.00 133.00 25.00 7.34
Including 108.00 113.90 5.90 28.71
11TB105 DD 148.00 181.00 33.00 2.31
including 148.00 157.00 9.00 6.33
or 152.00 157.00 5.00 9.63
11TBC001 RC 24.37 54.86 30.49 8.06
including 41.15 51.81 10.66 18.71
11TBC002 RC 7.61 24.37 16.76 2.20
including 7.61 12.18 4.57 3.79
39.61 42.66 3.05 1.77

Click here to view Figure 1, drilling plan view: http://bmcms1.com/staging/northcountrygold.com/projects/three_bluffs/

The Three Bluffs deposit currently hosts an indicated resource of 508,000 ounces (2,700,000 tones at 5.85 g/t Au) and an additional inferred resource of 244,000 ounces (1,270,000 tones at 5.98 g/t Au). The Three Bluffs deposit occurs at the eastern end of a package of auriferous iron formation bearing supracrustral rocks (Walker Lake Trend) along which North Country Gold Corp. is focusing exploration and has conducted drilling in three key areas over a 4.1 kilometer segment of the trend during 2010: Three Bluffs, Antler, and Hayes.

NCG believes that significant potential exists along the Walker Lake trend and has developed a strategy to identify additional near-surface open-pittable gold resources along the strike length of the trend, which will incrementally add to the existing high-grade resource inventory underpinned by the Three Bluffs Deposit.

About North Country Gold Corp.

North Country Gold Corp. controls one of the largest under explored greenstone belts within Canada, and has numerous drill-ready high-grade gold targets, in addition to those at Three Bluffs. The gold-rich Committee Bay Greenstone Belt is located approximately 300 kilometers north of Baker Lake within Nunavut Territory, Canada. North Country Gold Corp. is currently the 100% beneficial owner of the mineral rights to 202 active mineral claims and 14 mineral leases.

North Country Gold Corp. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property. The program is supervised by Peter Kleespies, M.Sc., P.Geol. who is the Qualified Person as defined by NI 43-101. A detailed description of North Country Gold Corp's QA/QC program is provided on the Company's website at www.northcountrygold.com or m.northcountrygold.com on your mobile phone.

North Country Gold Corp. is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.

On behalf of the Board

John Williamson, P.Geol, President and CEO

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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