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Northstar Gold Corp. C.NSG

Alternate Symbol(s):  NSGCF

Northstar Gold Corp is a Canada-based company, which is focused on the exploration, development and acquisition of exploration properties in the prolific Abitibi Greenstone Belt. Its primary focus is to advance and expand the near-surface, allied gold zone bulk-tonnage gold-telluride deposit and develop high-grade VMS copper mineral deposits. Its projects include Miller Gold project, Searles Property, Bryce Project, Milestone (Cu-Ni-Co), Rosegrove and Britcanna project. The 1100-hectare Miller Gold project is located 18 kilometer (km) south of Agnico Eagle Mines Ltd.'s Macassa South Mine Complex. The 64-hectare Searles Property is located 18 km southeast of Kirkland Lake. The 4,650-hectare Bryce project is situated on the western extension of the Ridout Break, 65 km east of the Juby Gold Project and 35 kilometers south of the Miller Gold Property. The Milestone (Cu-Ni-Co) project consist of 28 contiguous, unpatented claim units covering 615 hectares within the Temagami greenstone belt.


CSE:NSG - Post by User

Post by etceteraon Dec 07, 2021 11:18am
154 Views
Post# 34206373

Northstar Completes Miller Gold Drill Program

Northstar Completes Miller Gold Drill ProgramVancouver, British Columbia--(Newsfile Corp. - December 7, 2021) - Northstar Gold Corp. (CSE: NSG) (OTCQB: NSGCF) ("Northstar" or the "Company"), announces the Company has completed a Phase IIB diamond drill program on its 100%-owned Miller Gold Property, situated 18 km southwest of Kirkland Lake, Ontario.

A total of 2,495 metres were drilled in 14 holes, with 6 holes testing Allied Syenite Gold Zone extensions, 2 holes testing the recently discovered E Zone and 6 holes designed to upgrade a historic resource estimate on the recently acquired Searles Property.

Phase IIB Allied Syenite drilling 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 (Figure 1*).

Hole MG21-69 collared an additional 80 metres northwest of hole MG21-65 encountered quartz veining and quartz-chlorite breccias with anomalous pyrite and some tellurides associated with a swarm of sub vertical syenite and feldspar porphyry dikes within the Allied Deformation Zone.

Drill hole MG21-70, collared 35m southeast of hole MG21-47 (1.2 g/t Au over 107.3 metres from 4.7 metres to 112 metres) encountered anomalous pyrite mineralization between 45.5 metres and 124 metres depth with multiple quartz-chlorite breccias and occurrences of visible gold and tellurides.

This includes a 9-metre-wide intercept of the Vein 1 zone from 99 metres to 108 metres depth with 4% chalcopyrite in blebs and stringers within a broad quartz-chlorite breccia.

Numerous sub vertical fault breccias and quartz veins with visible gold and/or tellurides were intersected in the footwall of Vein 1 to the end of the hole at 385m depth.

While assays are pending for these drill holes, drilling indicates the presence of a significant near-surface bulk tonnage gold zone (Figures 1 and 2)*. The Allied Syenite Gold Zone remains open along strike and at depth.

https://www.newsfilecorp.com/release/106904/Northstar-Completes-Miller-Gold-Drill-Program-and-Closes-Bought-Deal-Private-Placement

 

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