Northern Empire Announces 5,200 Meter Phase 1 Exploration Program
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 1, 2017) - Northern Empire Resources Corp. (TSX VENTURE:NM)
(the "Company" or "Northern Empire") announces that the board of directors has approved a phase 1 exploration budget for the
Nevada based Sterling Property. The phase 1 program will consist of 52 drill holes totalling approximately 5,200 meters of
drilling. Of the 52 drill holes, 25 will be reverse circulation holes totalling 3,000 meters and 27 will be core holes totalling
2,200 meters. The phase 1 program will focus on the Sterling, Daisy, Secret Pass and SNA deposits. In addition, the Company will
perform a regional evaluation of the 95-square kilometer claim package and fly a geophysical survey of the entire property. It is
anticipated that drilling will start in mid-August.
Approximately, 3,700 meters of drilling will be on the Sterling Deposit, where Northern Empire recently outlined a pit
constrained inferred resource of 231,000 oz Au grading 3.67 g/t Au. This work will allow for an upgrade of the confidence of the
resource, test for extensions along strike and provide metallurgical samples prior Northern Empire beginning economic
studies.
The Sterling deposit is permitted to restart open pit mining, and has significant existing infrastructure.
Sterling Property Highlights
- High Grade Gold in Nevada. Total inferred resources on the Sterling Property were estimated at 709,000 oz
Au with an average grade of 2.23 g/t Au. Included in this estimate is the Sterling Deposit where a pit constrained resource of
231,000 oz Au in 1,958,000 tonnes with an average grade of 3.67 g/t Au was determined. Further information on the Sterling
Project Resources, please refer to the Company's news releases dated April 3 and May 2, 2017, and the Technical Report titled
"Sterling Property, Nye County, Nevada, USA: A Property Under Option to Purchase by Northern Empire" posted on SEDAR.
- Permitted to begin operations. The Bureau of Land Management has issued a Finding of No Significant Impact
("FONSI") and approved the next phase of mining at Sterling. This permit was issued on May 12, 2016, is transferable, and has
an indefinite term.
- Location. The Sterling Property is located approximately 185 kilometers NW of Las Vegas on the eastern
flank of the Bare Mountains. The property is accessed via highway I-95 and gravel roads.
- Significant Engineering Completed. To achieve the FONSI, designs for the new pits and heap leach
facilities were completed that Northern Empire will be able to use as a basis for development going forward.
- Significant infrastructure in place. Processing facilities, mine offices and generators are on site and
are currently being used to rinse heaps from prior operations.
About Northern Empire
Northern Empire is an aggressive, Vancouver based, gold explorer working to take advantage of the current improving market
conditions by assembling a value driven portfolio of properties. In addition to the Sterling Gold Project, Northern Empire holds
the Richardson Gold Project, one of the most attractive exploration targets in the Tintina Trench.
Qualified Persons
Michael G. Allen, P. Geo., President of Northern Empire, and a Qualified Person as defined by NI 43-101, has reviewed the
technical information contained in this news release. He is the non-independent qualified person for this new release and has
verified the data.
ON BEHALF OF THE BOARD OF NORTHERN EMPIRE RESOURCES CORP.
"Michael G. Allen"
President, CEO and Director
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Certain information set forth in this news release contains "forward-looking statement", and "forward-looking information"
under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes
forward-looking statements, which include the Company's expectations about the completion of the proposed private placement
future performance based on current results and expected cash costs and are based on the Company's current internal expectations,
estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be
identified by words such as "will", "expects", "anticipates", "believes", "projects", "plans", and similar expressions. These
statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking
statements necessarily involve known and unknown risks and uncertainties, which, may cause the Company's actual performance and
financial results in future periods to differ materially from any projects of future performance or results expressed or implied
by such forward-looking statement. These risks and uncertainties include, but are not limited to: ability to raise sufficient
funds for the acquisition; liabilities inherent in mine development and production; geological risks, the financial markets
generally, the results of the due diligence investigations to be conducted by the Company, the ability of the Company to complete
the Private Placement or obtain requisite TSX Venture Exchange acceptance. There can be no assurance that forward-looking
statement will prove to be accurate, and actual results and future events could differ materially from those anticipate in such
statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates
or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance
on forward-looking statements.