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Northstar Gold reports high copper grades from Miller Property

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| November 23, 2023

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  • Northstar Gold (CSE:NSG) has reported assay results from the last three Phase I diamond drill holes at its Cam Copper Mine at the Miller Property in Ontario
  • The company completed 720 metres of drilling in four diamond drill holes
  • Results intersected lenses of copper-rich volcanogenic massive sulphides grading 14.8 per cent copper over 2.45 metres
  • Shares of Northstar Gold are up 28.57 per cent to C$0.045 as of 10:52 a.m. ET

Northstar Gold (CSE:NSG) has reported significant results from its Cam Copper Mine at its Miller Property in Ontario.

In a news release, the Vancouver-based company said it completed 720 metres of drilling in four diamond drill holes, with results intersecting lenses of copper-rich volcanogenic massive sulphides grading 14.8 per cent copper over 2.45 metres.

“Northstar’s 2023 Cam Copper sampling and Phase I drill results confirm reported historic widths and high copper grades, demonstrating copper mineralization is related to a robust, multi-horizon copper VMS system with excellent expansion potential,” Brian P. Fowler, CEO of Northstar Gold, said in a statement. “Northstar is fully permitted and positioning to explore the strike and down plunge extensions of the Cam Copper massive sulphide zones through Phase II drilling.”

The Cam Copper Mine is centred primarily on a newly recognized high-grade “Besshi-type” volcanogenic massive sulphide (VMS) copper system at the northwest end of a 0.9 kilometre long southeast trend belt of VMS horizons.

Moving forward, the company anticipates beginning a Phase 2 drilling program at Cam Copper to test the downplunge of the extension of mineralized zones

Northstar Gold is primarily focused on advancing the Miller Gold Property 18 kilometres southeast of Kirkland Lake and Agnico Eagle Mine’s Macassa SMC Gold Mine.

Shares of Northstar Gold are up 28.57 per cent to C$0.045 as of 10:52 am ET.

Join the discussion: Find out what everybody’s saying about this stock on the Northstar Gold Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.



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