Northstar Gold closes of first tranche of financing and key grant from Ontario Government

About this update from Northstar Gold Corp. Class A

[{"type":"text","content":"Northstar Gold closes of first tranche of financing and key grant from Ontario Government\n \n \n (NewsDirect)\n \n \n \n \n Northstar Gold Corp's CEO, Brian\nFowler joined Steve Darling from Proactive to provide an update on the\ncompany's recent financing and exploration activities. The company\nhas successfully closed the first tranche of its non-brokered private\nplacement, raising nearly $400,000 in funds. These funds will be\nallocated to support exploration efforts on several of Northstar's\nproperties, with a specific focus on the historic high-grade Cam\nCopper Mine, located within the 100%-owned Miller Gold Property.\n \n \n Fowler explained that the company\nplans to conduct a down-hole EM geophysical survey from the 2023 Cam\ndrill holes in early 2024. Geophysical anomalies identified through\nthis survey will be drill-tested as part of a Phase II Cam Copper\ndiamond drill program scheduled for late February/early March 2024.\n \n \n In addition to this financing\nsuccess, Fowler shared that Northstar Gold Corp has received an\nexploration grant from the Ontario Ministry, amounting to up to\n$80,532.50. This grant covers 50% of the company's critical\nminerals exploration expenditures at the Rosegrove Property, situated\njust south of Kirkland Lake, Ontario. The Rosegrove Property is highly\nprospective for shear and alkaline intrusion-related copper-gold\ndeposits.\n \n \n Northstar is eagerly\nanticipating the results of recently completed LiDAR and Mobile Metal\nIon soil surveys at this property in early 2024.\n \n \n \n Contact\nDetails\n \n \n \n Proactive Canada\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2159,"tagName":"div"}]

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