Ranger Gold Expands Land Holdings and Provides Exploration Update
September 27 2010 - 3:21PM
Marketwired
Ranger Gold Corp. (OTCBB: RNGC) -- Ranger Gold Corp. (the "Company"
or "Ranger") is pleased to report the completion of its initial
mapping study and compilation of historic data at the CX Project in
Nye County, Nevada.
Analysis has successfully identified new areas of mineralization
along the range front target and three new claims have been added
to the Company's holdings to adequately cover the extensions of the
newly identified zone.
Ranger plans on drilling 14 holes and testing 8 separate targets
at the CX Project. Four of the eight targets contain substantial
intercepts of gold and silver mineralization from previous drilling
efforts. All surveys have been completed for the drill permits and
the Company is now awaiting final approval.
At the Company's wholly owned Truman Project located in Mineral
County, Nevada, compilation of historic data is complete and a
permit for drilling of 18 holes has been submitted for
approval.
The Truman Project contains at least nine targets generated from
previous work programs. The proposed drill program will offset
three areas of known gold and silver mineralization.
"We are very excited by the positive direction of the
exploration programs," says Gary Basrai, President of Ranger.
"Initial findings have already resulted in the addition of new
claims to our portfolio and we are looking forward to beginning our
drill programs in the near future."
The drill programs are scheduled to commence as soon as
permitting is complete.
About Ranger Gold Corp.
Ranger Gold Corp. (OTCBB: RNGC) is a US-based resource
exploration company exploring for gold in proven gold regions of
Nevada. It is focused on discovering and developing low-cost gold
assets in order to provide maximum return for its shareholders.
Disclaimer: This announcement may contain forward-looking
statements which involve risks and uncertainties that include,
among others, limited operating history, limited access to
operating capital, factors detailed in the accuracy of geological
and geophysical results including drilling and assay reports; the
ability to close the acquisition of mineral exploration properties,
and other factors which may cause the actual results, performance
or achievements of the company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. More information is included in
the company's filings with the Securities and Exchange Commission,
and may be accessed through the SEC's website at
http://www.sec.gov.
Contact: Investor Relations 1-877-230-5888
www.RangerGoldCorp.com info@rangergoldcorp.com
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