Business
Northstar Gold Commences Drilling At Miller Gold Property, Kirkland Lake District, Ontario
Vancouver, B.C. - TheNewswire - February 25, 2020 - Northstar Gold Corp. (CSE:NSG) (CNSX:NSG.CN) ("Northstar" or the "Company"), a newly listed resource company
About this update from Northstar Gold Corp. Class A
[{"type":"text","content":"Vancouver, B.C. - TheNewswire - February 25, 2020 - Northstar Gold Corp. (CSE:NSG) (CNSX:NSG.CN) (\"Northstar\" or the \"Company\"), a newly listed resource company announces that diamond drilling has commenced at the Company's 100%-owned Miller Gold Property, situated 18 km southeast of the town of Kirkland Lake and Kirkland Lake Gold's Macassa gold mine. The Company has engaged Major Drilling Group International Inc. to complete 3,000 m of drilling on the historic, early resource-stage Miller Gold Property, with an initial focus on confirming and expanding portions of the near surface Miller-Independence historic estimate of 270,000 ounces of gold averaging 11.5 g/t Au* to NI 43-101 Mineral Resource Estimate reporting standards and the Planet Syenite Exploration Target, consisting of approximately 100,000 to 500,000 additional ounces of gold in 3.0 - 5.0 million tonnes of mineralized material averaging between 1.0 - 3.0 g/t Au.** Drilling will also follow-up other known near-surface high-grade and intrusion-hosted gold targets including the Allied Syenite. * Ontario Ministry of Northern Development and Mines Assessment report # OM87-6-L-239: AFRI file 32D04SW0265 \"Mining and Geological Report on the 1987 Nortek Exploration Program\" by Gordon B. French, President of French & Associates Inc., Highway 112, Tarzwell, Ontario. A Qualified Person has not done sufficient work to classify these historical estimates as current mineral resources and the Company is not treating these historical estimates as current mineral resources. These historical estimates cannot be fully verified. These values cannot and should not be relied upon, are only referred to herein as an indication of previously defined gold mineralization. In order to verify these estimates and to upgrade to NI 43-101 compliant categories, the historical areas would need to be re-drilled with updated sampling procedures put in place. ** The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. Miller Gold Property Phase I drilling, the largest component of a $1.1 million exploration program, is expected to be complete by mid April 2020. Initia...