Sampling and Mapping Program Underway at McMaster Zone
Vancouver, BC / TheNewswire / October 26, 2015 -- New Carolin Gold Corp. (the "Company" or "New Carolin") (TSXV: LAD) announces that it has engaged Mr. Dan Cardinal P.Geo, to undertake a detailed geological mapping and sampling program along the McMaster gold-bearing zone, beginning northwest of the zone and stretching for 1.5-2.0 kilometres southeasterly. Historical mapping and exploratory drilling (1985 & 1994-95) along the McMaster Zone have tentatively outlined 2 structurally related mineralized systems.
The project will take approximately two weeks. Object of the mapping program is to better define and geologically constrain the McMaster Zone, with the purpose of developing an exploration model in front of a planned drilling program to define extensions of the mineralized zones.
Mr. Cardinal, in the 1980s, was an Exploration Manager for Aquarius Resources Ltd. then one of the joint venture partners of the Carolin Mine/Ladner Creek gold project. Mr. Cardinal, who currently resides in Hope, BC has since conducted numerous exploration and mapping projects along the 28 km length of the Coquihalla Gold Belt including, supervision of 1994-95 exploratory drilling projects on the McMaster Zone. He has extensive experience working in orogenic style gold-related environments in central and southwestern BC.
About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.
For additional information, please visit the Company's website at www.newcarolingold.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Robert L. Thast"
President & Chief Executive Officer
Phone: 604.542.9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com
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Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.
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