- Following recently announced surface channel sampling results, Northstar (NSG) has announced results from phase II.B drilling on the Miller Gold Property in Ontario
- The company has expanded the Allied Syenite Gold Zone and discovered new high-angle gold-copper zones at depth
- CEO Brian Fowler joined Caroline Egan to speak about the latest developments on the property
- Northstar Gold is focused on the exploration, development and acquisition of mineral properties in the Abitibi Greenstone Belt
- Northstar Gold (NSG) is unchanged trading at $0.195 per share
Northstar (NSG) has announced results from phase II.B drilling on the Miller Gold Property in Ontario.
These results follow recently reported results from channel and grab samples collected from eight stripped areas on the Miller and Searless properties last year.
CEO Brian Fowler joined Caroline Egan to discuss the latest developments on the property.
Gold zone expansion
Assay results for the first three of six holes targeting the bulk-tonnage Allied Syenite Gold Zone confirm a 180 m northwest extension from the previous drilling. All three holes produced widely distributed anomalous gold grades, including visible gold and tellurides.
Findings include:
- MG21-63: 0.91 g/t gold over 65.9 m
- MG21-64: 0.87 g/t gold over 81.5 m
- MG21-65: 0.90 g/t gold over 29.7 m
Initial drilling results indicate the presence of a significant near-surface bulk-tonnage gold zone which remains open along strike and at depth.
An additional 130 m southeast expansion of Allied Syenite is supported by a recent extensive surface stripping, mapping and sampling program. Sampling returned up to 14.79 g/t gold over 7 m.
Anomalous gold values in mafic volcanics as much as 30 m away from a porphyry contact suggest the potential for a broad zone of near-surface gold mineralization surrounding the porphyry intrusives.
New discoveries
New discoveries of high-angle gold-copper zones at depth could represent structurally controlled sub-vertical feeder systems for gold-bearing hydrothermal fluids within the Allied Deformation Zone. Findings include:
- MG21-64: 4.71 g/t gold and 0.51 per cent copper over 6.4 m
- MG21-65: 9.41 g/t gold and 1.03 per cent copper over 3 m
The Miller Gold Property has yielded 50 m to 150 m intercepts of near-surface lower-grade (0.5 to 1.5 g/t) gold mineralization at two separate Syenite intrusions (Allied, Planet).
Northstar Gold is focused on the exploration, development and acquisition of mineral properties in the Abitibi Greenstone Belt.
Northstar Gold (NSG) is unchanged trading at $0.195 per share as of 9:33 am EST.
