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Northstar Gold Consolidates Historic Miller Independence Mine
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2021) - Northstar Gold Corp. (CSE: NSG) (FSE: 3WV) ("Northstar" or the "Company") announces the Company h
About this update from Northstar Gold Corp. Class A
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - June 8, 2021) - Northstar Gold Corp. (CSE: NSG) (FSE: 3WV) (\"Northstar\" or the \"Company\") announces the Company has signed an Option Agreement (or \"the Agreement\") to acquire 100% interest in the 64 hectare Searles Patent (or \"the Searles Property\") situated 18 km southeast of Kirkland Lake, Ontario. The Searles Property represents a portion of a historical resource estimate* (1987) of 0.73Mt grading 11.5 g/t Au** (for a total of 270,000 contained ounces of gold) on the No. 1 Vein of the Miller Independence Mine (Figure 1). The historical resource estimate straddles both the Searles Property and Northstar's adjoining Miller Gold Property to the west and this Agreement consolidates Northstar's control of the entire historical resource estimate area. * 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 this historical estimate as a current mineral resource and the Company is not treating this historical estimate as a current mineral resource. The historical estimate cannot be fully verified. These values cannot and should not be relied upon and are only referred to herein as an indication of previously defined gold mineralization. In order to verify the estimate and to upgrade to NI 43-101 compliant categories, the historical area would need to be re-drilled with updated sampling procedures put in place. Click here to view a Proactive Canada interview with Stephen Gunnion and Northstar CEO Brian Fowler detailing the significance of the Searles Property Option Agreement. No.1 Vein Drill Results - Past and Present Reported historic No. 1 Vein diamond drill hole intersections on the Searles Property (1987)* span a 330 metre strike length and include 96.0 g/t Au over 3m and 13.4 g/t Au over 2.3m at the west end, and 11.2 g/t Au over 2.4m at the east end (Figure 1). These results compliment subsequent 2014 and 2020 Northstar No. 1 Vein drill results on the adjoining Miller Gold Property that include 86.6 g/t Au over 0.5m, 18.0 g/t Au over 3.9m and 15.4 g/t Au over 2.0m to the west. Historic and ...