Ranger Gold Corp. Receives Drilling Permit Approval
April 19 2011 - 9:30AM
Marketwired
Ranger Gold Corp. (OTCBB: RNGC) is pleased to announce it has
received approval of its drilling permit application for the CX
Project located in Nye County, Nevada.
The drilling permit was approved by the United States Forest
Service ("USFS") and will allow Ranger to start drilling in the
near term depending on weather and road conditions.
The Company has completed a compilation of historic data and
undertaken several site visits on the CX Project. As a result, 14
potential drill targets have been identified. The drill sites are
planned to intersect structural zones of mineralization under
post-mineral cover.
"We are very excited by the approval of our CX Project's
drilling application," says Gary Basrai, President of Ranger. "We
intend to commence drilling as soon as weather and road conditions
allow us to move a rig onto the property."
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
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