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Northstar Makes New Discoveries at Milestone CU-NI-CO Property
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2023) - Northstar Gold Corp. ( CSE: ...
About this update from Northstar Gold Corp. Class A
[{"type":"text","content":"Northstar Makes New Discoveries at Milestone CU-NI-CO PropertyVancouver, British Columbia--(Newsfile Corp. - January 25, 2023) - Northstar Gold Corp. (CSE: NSG) (OTCQB: NSGCF) (\"Northstar\" or the \"Company\"), is pleased to announce the results of a surface exploration program and high resolution airborne magnetic survey over the Company's 100%-owned, 615 hectare Milestone Property, situated 3 km southwest of the town of Temagami, Ontario. HighlightsSignificant Cu-Ni-Co and anomalous precious metal (Au, Ag, Pd, Pt) assays have been returned from numerous surface samples containing massive to semi-massive sulphides recently collected over a 1,000 metre distance along a metagabbro sill contact. Historic surface assay results were verified in both the Diadem and O'Connor zones and a new Cu-Ni-Co massive sulphide \"Central zone\" has been discovered between them.Massive sulphide \"pods\" hosting chalcopyrite and anomalous precious metals were discovered in the footwall rhyolite of the O'Connor zone. Nickel and cobalt concentrations from recent surface sampling are higher than previously reported from the Property.A 76.7-line km, high resolution UAV magnetic survey was successful in delineating the Diadem and O'Connor zones from near surface to depths of 280 metres and 400 metres, respectively. Two new anomalies have been identified along the metagabbro contact, with one anomaly possibly extending the massive sulphide trend another 500 metres along strike to the ENE. The newly discovered Central Zone magnetic anomaly hosts massive sulphides with Cu-Ni-Co mineralization.3D Inversion results of the magnetic data indicates that historic drilling failed to intersect the core of the magnetic anomalies associated with the Diadem and O'Connor zones, suggesting considerable exploration upside.Management Commentary\"Northstar is pleased to have completed this timely and integrated surface exploration program at Milestone,\" stated CEO Brian Fowler. \"Program results have identified a number of near-surface, precious metal-enriched Cu-Ni-Co (Critical Minerals) exploration targets that warrant follow-up exploration. Northstar intends to pursue a critical minerals designation by a qualified professional geoscientist to certify, in the prescribed form and manner, that Milestone exploration expenses will be incurred in accordance with an explora...