NioGold Mining Corporation (TSXV:NOX) VP Corporate Development, Dale Paruk, spoke to Resource Investing News at the Vancouver Resource Investment Conference about its flagship property, Marban deposit in Quebec, Canada. “Currently we have 4 million dollars in the till with 106 million shares outstanding. We will be doing a drill program – we are just finalizing that now – we’ve got a million, three [sic] of flow-through money to spend so we’re expecting to get a program running in the next couple of weeks.”
NioGold Mining Corporation is a mineral exploration company focused on gold. The Company’s flagship projects are located in the Cadillac – Malartic – Val-d’Or region of the prolific Abitibi gold mining district, Quebec. The Cadillac, Malartic and Val-d’Or mining camps have produced over 45 million ounces of gold since the 1930’s and presently encompasses six producing gold mines including Osisko Mining’s new Canadian Malartic operations. NioGold’s land holdings within the Abitibi presently cover 130km2 and encompass four former gold producers, namely the Norlartic, Kierens (First Canadian), Marban and Malartic Hygrade mines that collectively produced 640,000 ounces of gold.