Press Release –
July 10, 2014 Edmonton, Alberta – North Country Gold Corp. (NCG: TSX-V; NCGDF:OTCQX) (“North Country” or the “Company”) is pleased to announce that Zone Capital Partners, LLC (“ZCP”) has been hired to provide financial consulting and investor relations services to the Company.
ZCP provides investor relations and other consulting services to small and mid-cap companies. It is based in Dana Point, California and owned by Ira Miller. Mr. Miller has over 25 years of capital markets and advisory experience, including providing investor relations services to companies listed on the TSX Venture Exchange. Other than North Country options that are anticipated to be granted to ZCP as partial compensation for investor relations services, neither ZCP nor Mr. Miller has any interest, directly or indirectly, in North Country or its securities, or any right or intent to acquire such an interest.
ZCP will be paid a monthly fee of $10,000 USD for an initial term of 4 months and will be granted 500,000 stock options of the Company, exercisable at $0.10 cents per share. The options will vest as to 25% every three months from the date of the grant and will be exercisable for a period of 5 years. The Agreement and the grant of options are subject to regulatory approval.
Three Bluffs Gold Deposit
The Three Bluffs gold project is a structurally controlled lode gold system hosted within oxide facies iron formation and greywackes. The deposit currently hosts a resource of 4.30 Mt at 4.91 g/t gold for 683,000 ounces gold (indicated) and 5.52Mt at 5.43 g/t gold for 965,000 ounces gold (inferred) (See press release dated April 23, 2013). To date, Three Bluffs has been drill tested along a strike length of 4.1 kilometres to depths of 500 metres below surface with gold mineralization persisting to depth where the company has identified additional mineral potential* comprising 4.5 to 7.5 million tonnes grading between 3.8 g/t and 7.3 g/t gold (see press release date April 23, 2013. *Estimates of the potential quantity and grade of additional mineral potential’ at Three Bluffs are conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
About North Country Gold Corp.
North Country Gold Corp. controls the gold-rich Committee Bay Greenstone Belt located 180km northeast of the of Agnico Eagle’s Meadowbank gold mine in Nunavut Canada. It is one of the largest under-explored greenstone belts in Canada with numerous drill-ready high-grade gold targets. The Company holds a 100% interest in 243,620 acres along the 300km long belt and has identified 5 distinct exploration centres with numerous high-grade gold drill intercepts. North Country operations are currently focused on advancement of the Three Bluffs deposit, which is geologically comparable, with similar grades, type of mineralization and age, to the Lupin, Meadowbank and Meliadine gold deposit.
North Country Gold’s vision is the build the company into a long term junior to mid-tier gold producer through disciplined exploration and development of high quality gold assets in stable safe mining jurisdictions.
North Country Gold Corp. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property. The content of this news release and the Company’s technical disclosure has been reviewed and approved by Peter Kleespies, M.Sc., P.Geol., who is the Qualified Person as defined by NI 43‐101 Standards of Disclosure for Mineral Projects. A detailed description of North Country Gold Corp.’s QA/QC program is provided on the Company’s website at www.northcountrygold.com .
On behalf of the Board
North Country Gold.
/s/”John Williamson”
For more information on North Country Gold, please visit the company’s website: www.northcountrygold.com or contact:
Brian Budd
President & Director
Email: brianb@northcountrygold.com
Tel: 604-697-2861
NT2