Business
Northern Lights Resources: Review of 2020 - Outlook for 2021
VANCOUVER, BC / ACCESSWIRE / January 8, 2021 / Northern Lights Resources Corp. (the "Company" or "Northern Lights") (CSE:NLR) (OTCQB:NLRCF) is pleased to announ
About this update from Northern Lights Resources Corp
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / January 8, 2021 / Northern Lights Resources Corp. (the \"Company\" or \"Northern Lights\") (CSE:NLR) (OTCQB:NLRCF) is pleased to announce a summary of results achieved by the Company in 2020 and an outlook for 2021. While the impact of the Covid-19 Pandemic has resulted in delays to permits and logistics associated with carrying out exploration work, during 2020 Northern Lights significantly advanced the Company's two flagship properties - the Secret Pass Gold Project in Arizona and the Medicine Springs Silver Lead Zinc project in Nevada. Corporate Update Northern Lights raised a total of $2.8 million during the year to fund project exploration and company overheads. The Northern Lights team grew during the year with the addition of Project Geologist Paul Warren and the appointment of Shawn Balaghi as Manager of Investor Relations. In December, Northern Lights listed and began trading on the OTCQB exchange. The OTCQB is expected to increase the Company's shareholding base in the US. Project Update 1. Secret Pass Gold Project During 2020, Northern Lights completed a Phase 1 Exploration program at Secret Pass. The Phase 1 exploration program included: Evaluation and compilation of historic geological information into a GIS system. Completion of drone aeromagnetic and photogrammetry mapping survey over the entire mineral claim area. Reinterpretation of historic IP survey. Geological and drainage mapping over entire mineral claim area. Completion of 400 pan concentrate / screen concentrate sampling program over selected areas of alteration throughout the license area (assays pending). This survey will show background gold presence and highlight additional target zones. In additional to the Tin Cup and FM Zones, Northern Lights has identified over additional 20 prospective targets for further exploration at Secret Pass. Figure 1 - Secret Pass Geology Prospects and Drill TargetsFor enhanced image, click here Northern Lights is currently permitting the Phase 1 diamond drill program, 11 holes for a total 1,900 meters, at Secret Pass. The processing of the Phase 1 drill permits has been slowed by Covid-19 Pandemic but the Company expects to receive the required permits in the near future. This initial Phase 1 drill program will focus on confirming the presence of high-grade gold mineralization identified by ...