Northstar Gold Corp. C.NSG

Northstar Completes Miller Gold Drill Program

[etcetera]

Vancouver, 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

[jgoddard]

More hot air out the end of a balloon.............. market is not stupid and  tired of non important updates, hence the current stock price. We need  an update of substance like the update in May........ hole  ( MG21-56 ). Until then, what ever they update us with will not make the s/p of this stock move. The way things have worked in the past, it looks like we may get results by

[diabase1]

jgoddard, the market always knows!! You mentioned Hole MG21-56. That was a great hole. That's why I would have put Hole21-70 down between Hole MG21-56 and Hole MG20-47 (they have MG21-47 in the report) instead of where they did. It's like fishing. When you snag a few good ones from the same area, you stay in the same area until you run out of them. Or something like that. Keep following it

[diabase1]

Another very poor report. Poorly written up. 14 drill holes, but only a few comments on a couple of holes. Trevor, give us a very brief log on each hole!! Also saw some errors on the maps. I think the market basically reacted to this report. 2 Questions, why were holes 63 and 64 drilled NW, while a few holes were drilled NE, and why was hole 68 a vertical hole? A better report would have told me