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GoldSpot Machine Learning Identifies 8 New Syenite Drill Targets at Northstar's Miller Gold Property
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2021) - Northstar Gold Corp. (CSE: NSG) ("Northstar" or the "Company"), reports that machine learning
About this update from Northstar Gold Corp. Class A
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - January 11, 2021) - Northstar Gold Corp. (CSE: NSG) (\"Northstar\" or the \"Company\"), reports that machine learning stochastic cluster analysis and final 3D inversions by GoldSpot Discoveries Corp. (GoldSpot) on a 2020, 5 km2 gravity and magnetic geophysical survey dataset has identified multiple anomalies with the same signature as known gold-bearing syenites on the Miller Gold Property (Figure 1). \"GoldSpot's state-of-the-art machine learning analysis and 3D inversions clearly suggests that the alkalic syenite intrusive gold system at the Miller Gold Property is much larger than previously indicated. GoldSpot has identified no less than eight new syenite gold exploration targets along 2 property-wide trends, providing numerous drill targets that can potentially result in a number of new gold discoveries on the Property\" states Brian P. Fowler, CEO of Northstar. \"With the recent close of a $2.4M private placement tranche (See Northstar News Release dated December 23, 2020), Northstar is fully funded to expand the new Allied Gold Zone discovery and test these new targets with a Phase II diamond drill program in early 2021.\" \"GoldSpot is pleased to have deployed its new technology MinusOne, our latest deterministic and stochastic inversion tool for gravity and magnetic data on Northstar's Miller Gold Property geophysical datasets. Eight newly defined machine learning cluster anomalies represent prime gold exploration targets on the Miller Gold Property\", states Vincent Dubé-Bourgeois, Chief Executive Officer of GoldSpot. Click here to view a Proactive Canada interview with Steve Darling moderating a discussion with Northstar CEO Brian Fowler and GoldSpot CEO Vincent Dubé-Bourgeois detailing the process, significance and exploration implications of GoldSpot's findings on Northstar's Flagship Miller Gold Property. GoldSpot Machine Learning 3D Inversion Highlights Machine learning analysis and 3D inversions delineated the three-known gold-bearing syenites on the Miller Gold Property (Allied, Planet and Meilleur Syenites) as well as an additional eight bodies with similar geophysical signatures that have never been drill tested. The syenite targets range in diameter from 130 m to 350 m, with one having a geophysical signature length of 700 m. The large Meilleur Syenite app...