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Northern Lights Resources Corp. (CSE:NLR, OTCQB:NLRCF) has announced a non-brokered private placement to raise up to C$1,000,000 through the sale of shares at C$0.075 each. The funds will be utilized for exploration at the Secret Pass Gold Project in Arizona and for general working capital. The placement may occur in multiple tranches and is subject to regulatory approvals. Shares sold are restricted for resale for four months in Canada. This announcement does not constitute an offer in the U.S.
Northern Lights Resources Corp. (CSE:NLR) has announced a change to the effective date of its 10-for-1 share consolidation. Initially set for May 17, 2022, the new effective date is now May 26, 2022. All other terms of the consolidation remain unchanged. The company is advancing two projects: the Secret Pass Gold Project in Arizona and the Medicine Springs silver-zinc-lead Project in Nevada, where it is earning 100% in a joint venture with Reyna Silver Corp.
Northern Lights Resources Corp. announces a 10-for-1 share consolidation effective May 24, 2022. Prior to the consolidation, the company has 143,571,385 common shares outstanding, which will reduce to approximately 14,357,139 shares post-consolidation. The consolidation will not result in any fractional shares, and adjustments will be made to outstanding stock options and warrants. Registered shareholders will receive instructions from Computershare Investor Services Inc. No actions are required from non-registered shareholders.
Northern Lights Resources Corp. has announced an expansion of its exploration program at the Tin Cup prospect within the Secret Pass Gold Project in Arizona. Following the success of initial drilling, the company plans to add three new drill holes at Tin Cup and two at the FM Zone. All proposed drill holes are fully permitted. Additionally, a deep Induced Polarization survey will be conducted to refine targets. Initial results showed significant gold mineralization, with notable intersections reported. The next phase of drilling is contingent on financing and contractor availability.
Northern Lights Resources Corp. has released encouraging assay results from its Tin Cup prospect at the Secret Pass Gold Project in Arizona. The recent drill holes TC21-04 and TC21-05 showed significant gold intersections, with TC21-04 averaging 0.95g/t over 103m and TC21-05 ending with a strong 4.23g/t at 101.42m. Previously reported holes TC21-02 and TC21-03 also indicated extensive gold mineralization. The results support the continuity of the mineralization and the potential for further exploration, with three additional drill holes yet to be executed.
Northern Lights Resources Corp. announced the release of an InvestmentPitch Video detailing drill results at the Tin Cup Prospect from its Secret Pass Gold Project in Arizona. The video features CEO Jason Bahnsen discussing significant findings, including:
- TC21-02: 1.61g/t gold over 66.15m
- TC21-03: 0.80g/t gold over 170.57m
These results are part of ongoing exploration efforts, highlighting the company's commitment to mineral development.
Northern Lights Resources Corp. has announced promising assay results from the first two drill holes at the Tin Cup prospect in Arizona. Drilling revealed significant near-surface gold mineralization, with TC21-02 intersecting 1.61 g/t gold over 66.15m and highlighting a higher grade zone of 10.07 g/t gold over 7.41m. TC21-03 showed 0.80 g/t gold over 170.57m, including 2.32 g/t gold over 23.50m. The prospect is fully permitted for additional drilling, with plans for more holes following the initial analyses.
Northern Lights Resources Corp. (CSE:NLR, OTCQB:NLRCF) announced a temporary halt in trading at 10:48 PM PST by IIROC, following the company's request due to pending material news. This suspension underscores the significance of forthcoming announcements which could impact shareholder interests and trading activities. Northern Lights operates the 100% owned Secret Pass Gold Project in Arizona and is advancing its Medicine Springs silver-zinc-lead Project in partnership with Reyna Silver Corp.
Northern Lights Resources Corp. (CSE:NLR, OTC:NLRCF) has issued 10,655,833 common shares to Mirabel Capital Ltd as part of a convertible security agreement dated May 28, 2021. This conversion amounts to US$150,000 of a total US$890,000 principal. Following this issuance, the total number of common shares outstanding is now 125,722,726. Northern Lights is involved in two main projects: the Secret Pass Gold Project in Arizona and the Medicine Springs silver-zinc-lead Project in Nevada.
Northern Lights Resources Corp. (CSE:NLR)(OTCQB:NLRCF) announced positive assay results from its Medicine Springs Silver project, revealing significant silver mineralization. A total of 657 samples were analyzed, with 37 samples exceeding 66 g/t Ag and 2 samples over 1,000 g/t Ag. These findings suggest a promising mineralization center, prompting plans for intensified fieldwork and drilling in 2022. The project is a joint venture with Reyna Silver Corp., which emphasizes its strategic potential in mineral exploration.
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