Business
Northstar Commences Diamond Drilling at Miller Copper-Gold Property
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - Northstar Gold Corp. (CSE: N...
About this update from Northstar Gold Corp. Class A
[{"type":"text","content":"Northstar Commences Diamond Drilling at Miller Copper-Gold PropertyVancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - Northstar Gold Corp. (CSE: NSG) (\"Northstar\" or the \"Company\"), is pleased to announce diamond drilling has commenced at the Company's 100%-owned Miller Copper-Gold Property, situated 18 kilometres southeast of Kirkland Lake, Ontario. Northstar has commissioned Wiijiiwaagan Drilling Limited Partnership, a partnership between Boart Longyear and Matachewan First Nation, to complete a 1,500 metre drill program by year-end. The Company expects to begin reporting preliminary drill results next month.Northstar drilling is targeting potentially broad intervals of copper-gold-silver volcanogenic massive sulphide (VMS) mineralization along the recently defined 350 metre, 200 Siemens Zone 2 Extension VMS EM conductor anomaly, 600 metres southeast and along trend of the historic, direct-shipping high-grade Cam Copper Mine (Please see Northstar News Release Dated May 16, 2024). In late November, 2023, Northstar intersected a number of discrete high-grade VMS copper horizons at Cam Copper Mine, including 14.8% copper over 2.45 metres in Zone 2. (See Northstar News Release dated Nov. 23, 2023). \"Northstar is very pleased to commence this critical drill program at Miller,\" states Brian P. Fowler, P.Geo., Northstar President, CEO and Director. \"Zone 2 Extension drilling was made possible by strategic investor support and the recent 1st tranche private placement closing with aggregate gross proceeds of $818,750 (See Northstar News Release dated November 14th, 2024). Northstar has since received additional orders to close a second tranche in the near term and looks forward to a very successful drill program.\" About NorthstarNorthstar's primary exploration focus is to advance and expand the near-surface, Allied Gold Zone bulk-tonnage gold-telluride deposit and more recently discovered VMS copper mineral deposits on the Company's flagship, 100%-owned Miller Copper-Gold Property. The Company's strategy is to develop a material (+1M ounce gold / high-grade copper) mineral resource base to supplement a nearby mining operation or support stand-alone mining operations at the Property. Recently Signed Gold and Copper MOUs Northstar recently signed two MOUs to advance the Company's Miller Intrusive Complex gold and...