Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (20353)	7/29/2016 10:08:29 AM
From: Goose94	Read Replies (1) \| Respond to of 203006

NCA-V new 52 week high, 86 cents

To: Goose94 who wrote (20353)	8/9/2016 9:13:27 AM
From: Goose94	Read Replies (2) \| Respond to of 203006

Newcastle Gold (NCA-V) Aug 9, '16 is pleased to announce the appointment of Gerald Panneton as President and Chief Executive Officer, effective August 8, 2016. Gerald Panneton, a geologist with over 30 years in mineral exploration and development, was the founder, President and Chief Executive Officer of Detour Gold Corporation from its incorporation in July 2006 until November 2013. Under his leadership, the Detour Lake Project grew from 1.5 million ounces in resources to over 16 million ounces in reserves and into production in less than 6 years after its acquisition. The Detour Lake Mine now ranks as the largest gold mine in Canada. From 1994 to 2006 Mr. Panneton was with Barrick Gold Corporation where for the last six years of his tenure he was Director of Advanced Projects and Evaluations for the exploration and corporate development group. Prior to Barrick Gold, he worked for Lac Minerals, Placer Dome Exploration and Vior-Mazarin Group. Richard Warke, the Company's Executive Chairman commented, "we are very pleased that Gerald has agreed to join our team as we expand the drill program on our highly prospective Castle Mountain Project. Gerald successfully brought the Detour Lake Project from the exploration stage into production and we look forward to his guidance and leadership on Castle Mountain." Mr. Panneton received his Bachelor of Science in Geology at the University of Montreal and his Master of Science in Geology from McGill University. Mr. Panneton and his team were the recipients of the PDAC 2011 Bill Dennis Award for a Canadian mineral discovery and prospecting success. About NewCastle NewCastle has 100% of the right, title and beneficial interest in and to the Castle Mountain Venture, a California general partnership, which owns the Castle Mountain property (the "Project") in San Bernardino County, California. The Castle Mountain heap leach gold mine produced over one million ounces of gold from 1992 to 2001, when mining was suspended due to low gold prices. An updated NI 43-101 resource for the Project was announced December 2, 2015 which includes Measured Mineral Resources of 17.4 million tonnes grading 0.86 g/t gold containing 0.48 million gold ounces, Indicated Mineral Resources of 202.5 million tonnes grading 0.57 g/t gold containing 3.71 million gold ounces along with Inferred Mineral Resources of 40.8 million tonnes grading 0.58 g/t gold containing 0.76 million gold ounces. Ian R. Cunningham-Dunlop, P. Eng., the Company's Vice President Exploration, is the designated Qualified Person for this news release within the meaning of NI 43-101. He has reviewed and verified that the technical information contained in this release is accurate and has approved of the written disclosure of the same. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. SOURCE NewCastle Gold Ltd. NewCastle Gold Ltd.: Susan Muir, Vice President, Investor Relations and Corporate Communications, Telephone: 416-505-7606, Email: smuir@newcastlegold.ca