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Bullboard - Stock Discussion Forum 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... see more

CSE:NSG - Post Discussion

Northstar Gold Corp. > Northstar Commences Borehole Geophysics Program
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Post by EWPeakIM on May 25, 2022 11:45am

Northstar Commences Borehole Geophysics Program

Vancouver, B.C., May 25, 2022. Northstar Gold Corp. (CSE:NSG, NSGCF:OTCQB)  (“Northstar” or the “Company”)announces that a borehole geophysics program has commenced on the Company’s 100%-owned Miller Gold Property, situated 18 kilometres southeast of Kirkland Lake, Ontario. 

Quebec-based Abitibi Geophysics Inc. has commenced a borehole Induced Polarization-Resistivity (IP-RES) survey utilizing an in-hole pole-dipole array with 20 metre dipole spacing, n = 1 to 5, and readings every 20 metres along pre-existing drill hole traces (10 metres over anomalies) providing an area of investigation within a 40 metre radius away from the borehole (Figure 1). Seven boreholes totaling 2,100 metres will be surveyed in the vicinity of the Allied Syenite  (Figure 2) to facilitate step-out drill hole targeting of new discoveries made in drill holes MG20-49 (1.43 g/t Au over 118.5m) , MG21-56 (6.6 g/t Au over 117m) , MG21-64 (4.71 g/t Au, 0.51% Cu over 6.4m), MG21-65 (9.41 g/t Au, 1.03% Cu over 3m) and MG21-70 (4.0 g/t Au over 50.6m).

The information collected by the survey, when processed with previously collected data from prior surface 3D IP-RES surveys at Miller, also conducted by Abitibi Geophysics Inc., will provide for full 3D resistivity and chargeability models of the subsurface with greatly enhanced resolution constrained by actual borehole observations and geological modeling.

I.P. - an Effective Gold Exploration Tool at the Miller Gold Property

In both the Allied Syenite and iron-rich mafic volcanic host rocks, surface survey IP chargeability anomalies effectively define areas with gold associated pyrite and chalcopyrite mineralization (drill holes MG21-64 and MG21-65). IP surveys to date have also defined conductive structures such as the Independence Fault Zone and the Vein 1 Zone with chlorite and sulphide rich breccias representing pathways for hydrothermal fluids that typically host anomalous gold values and/or act as controls on nearby gold mineralization.

The Miller borehole survey is expected to be completed by the end of May. Results will be integrated with the Company’s updated 3D geological model to provide targeting basis for a Phase III exploration drill program.

read full press release: 2022 News | Northstar Gold Corp.
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