Business
Northstar Gold Extends Allied Gold Zone at Miller Gold Property and Provides Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2021) - Northstar Gold Corp. (CSE: NSG) (NSGCF: OTCQB) ("Northstar" or the "Company"), announces the
About this update from Northstar Gold Corp. Class A
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - November 4, 2021) - Northstar Gold Corp. (CSE: NSG) (NSGCF: OTCQB) (\"Northstar\" or the \"Company\"), announces the Company has intersected visible gold, tellurides and chalcopyrite over appreciable widths in drill holes MG21-63, MG21-64 and MG21-65 along a possible 180 metre northwestern extension of the near-surface Allied Syenite Bulk Tonnage Gold Zone at the Miller Gold Property, situated 18 km southwest of Kirkland Lake, Ontario (Figure 1). While assays are pending for these drill holes, drilling indicates the presence of a significant near-surface bulk tonnage gold zone (Figure 2)*. The Allied Syenite Gold Zone remains open along strike and at depth. A total of 1,450 metres has been drilled in 11 holes in Phase IIB to date, with 3 holes testing the Allied Syenite Gold Zone north extension, 6 holes on the recently acquired Searles Property (including 4 holes twinning previous historic drill holes on the No. 1 Vein to support a future resource estimate) and 2 holes drill testing a recently discovered 50 metre wide breccia zone (Area E), located 450 metres west of the Allied Syenite. An additional 1,000 metres of drilling will focus primarily on Allied Syenite Gold Zone extensions. *The reader is reminded that the Allied Syenite Gold Zone is conceptual in nature. There has been insufficient evidence to define a mineral resource and it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource. Click here to view a Proactive Canada interview with Steve Darling and Northstar CEO Brian Fowler providing further insights into this news release. Phase IIB Allied Gold Zone Drilling - Preliminary Observations Preliminary observations from newly drilled holes MG21-63 and MG21-64 drilled north-northeast of drill hole MG21-56 suggest the recently discovered Independence Fault is a broad sub vertical, brittle deformation zone featuring abundant chlorite-quartz breccias with chalcopyrite mineralization and multiple occurrences of visible gold and tellurides observed over true widths of 40m to 50m within the structure (30m to 178m depth in hole 63) (Figure 2). Drill holes MG21-63 and MG21-64 are the first holes drilled across the full width of this important structure in the Allied Syenite. Drill hole MG21-65, collared near the northeast ...