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New Placer Dome to double the pace

Rebadged explorer New Placer Dome Gold is planning to “double the pace of progress” at its recently-acquired Kinsley Mountain project in Nevada, announcing it had secured a second rig for drilling to start in mid-July.

New Placer Dome to double the pace New Placer Dome to double the pace New Placer Dome to double the pace New Placer Dome to double the pace New Placer Dome to double the pace

Drilling last year at New Placer Dome Gold’s Bolo project in Nevada

It had raised C$12.3 million in an upsized private placement at 22c per unit in May, in part to make the initial payments to Liberty Gold for its 79.1% stake in Kinsley Mountain.