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Northern Lights Resources Corp C.NLR

Alternate Symbol(s):  NLRCF

Northern Lights Resources Corp. is an exploration and development company. The Company is engaged in advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona and Caldera Copper Project located in Lincoln County, Nevada. The Secret Pass Gold Project totals over 271 hectares (ha) comprised of one State mineral license (212 ha) and eight Bureau of Land Management mineral claims (65 ha). The Caldera project consists of over 55 BLM mineral claims with a total area of approximately 418 hectares. It also holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada. The Medicine Springs Project is located on the eastern edge of the Carlin Trend in southeastern Elko County, Nevada. Medicine Springs is a district scale exploration project comprising over 599 mineral claims over a total area of approximately 4,830 ha. It also has an option agreement to acquire a 100% interest in the Horetzky Copper Project located in the Babine porphyry copper belt.


CSE:NLR - Post by User

Post by knoxton Feb 18, 2022 3:56pm
113 Views
Post# 34443267

Up date on news

Up date on newsTin Cup - Initial Drill Program Completed Vancouver, British Columbia. December 16, 2021, Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE: NLR, OTC: NLRCF) is pleased to announce the completion of the initial drill program at the Tin Cup prospect at NLR’s 100% owned Secret Pass Gold Project in Mohave County, Arizona. Four diamond core drill holes, totalling 610 metres, have been completed at Tin Cup. The focus of this initial drill program is to confirm the gold mineralization that was previously identified by reverse circulation drilling in the 1980s and to test the structure of the mineralization below the depth of historic drilling. See Table 1 and Figure 1. CEO, Jason Bahnsen, commented “The Tin Cup prospect was a key focus of the acquisition of the Secret Pass Gold Project. We are excited to have completed this initial drill program. All four drill holes completed show the presence of strong mineralization and the core samples have now been dispatched to the lab for assay. We anticipate receiving the drill assay results in the early New Year along with the results of the soil sampling survey we completed in October over the entire property. ” All four drill holes intercepted zones of moderate to strong mineralization within the altered andesite and rhyolite dikes. The mineralization of fracture fill and disseminated pyrite occurs within sections of moderate to strong hematite and propylitic alteration with weak to moderate sericite and silicification. Brecciated and gouge filled fault zones were encountered in both drill holes with disseminated pyrite present. Gold mineralization at the Tin Cup is primarily associated with the northwest trending structures and splays, predominantly in the andesite and margins of the rhyolite dikes.
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