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Northstar Gold Magnetic Survey Defines Gold Potential at Rosegrove Property

Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Northstar Gold Corp. (CSE: NSG) ("Northstar" or the "Company") announces that a recently complet

articleNorthstar Gold Corp. Class AJuly 29, 20214/company/northstar-gold-corp/news/northstar-gold-magnetic-survey-defines-gold-potential-at-rosegrove-property
Northstar Gold Magnetic Survey Defines Gold Potential at Rosegrove Property

About this update from Northstar Gold Corp. Class A

[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Northstar Gold Corp. (CSE: NSG) (\"Northstar\" or the \"Company\") announces that a recently completed airborne magnetic survey by Abitibi Geophysics over the Company's 100%-owned, 1,200 hectare Rosegrove Property (Figure 1), situated 11 km south of the town of Kirkland Lake, has identified 2 significant structures and 5 anomalies consistent with possible syenitic intrusions (Figure 2). UAV Magnetic Survey Results Abitibi's survey report has identified, \"Two shear zones and a few faults that may play a key role in the control of gold mineralization. Two distinctive low magnetic corridors (RZ-LC-01, RZ-LC-02 - Figure 2) striking northwest were identified in the center and northeast of the study grid. The largest corridor (RZ-LC-01) exceeding 250 m in width is interpreted as a shear zone; the known Pacaud Fault appears to follow this corridor.\" The Pacaud Fault, which is proximal to the former producing Barry-Hollinger gold mine, strikes parallel to the Catharine Fault on the nearby Miller Property and could represent another first-order regional structure. The newly identified shear zone (RZ-LC-02) located 500m southwest of the Pacaud Fault has not seen any recorded exploration to date. Numerous west-northwest and northeast striking cross structures were also interpreted from the survey data. The report also states that five, \"negative elliptical to ring-shaped magnetic anomalies (RZ-03 to RZ-07 - Figure 2) were detected in different areas of the survey grid.\" These features display magnetic signatures that are similar to known alkaline intrusions in the survey area such as the gold-bearing Allied and Planet Syenites on Northstar's adjoining Miller Gold Property In addition to the newly identified structures and intrusive anomalies, the report included a predictive heat map (Figure 3) created with a CET Grid Analysis highlighting areas of structural complexity. These structurally complex areas may have enhanced hydrothermal permeability and could also be prospective for gold mineralization. Centre for Exploration Targeting (CET) is an automatic predictive image processing technique for the prospectivity analysis of Archaean lode-gold deposits. A comprehensive surface mapping, sampling and prospecting program will be conducted on the Rosegrove property as a ...

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