Northern Lts Res - NLRCF STOCK NEWS

Northern Lights Resources Corp. has issued 1,873,482 common shares to vendors of the Medicine Springs Project as part of an Option Agreement with Reyna Silver Corp. This issuance is subject to a standard four-month hold period. Additionally, the expiration date of 12,627,772 previously issued common share purchase warrants, initially set for January 22, 2022, has been extended to January 22, 2025. These developments are part of the company's ongoing efforts in mineral exploration, particularly in its Medicine Springs project.

Northern Lights Resources Corp. (CSE:NLR, OTCQB:NLRCF) held its Annual General Meeting on December 7, 2021, where significant resolutions were passed. Key highlights include the election of directors: Albert (Rick) Timcke, Jason Bahnsen, Graham Keevil, Richard Kelertas, and Gordon Tainton. The firm appointed Davidson & Company LLP as auditor for the financial year ending April 30, 2021. The board appointed Rick Timcke as Executive Chairman and President, Jason Bahnsen as CEO, and Leon Ho as CFO. Northern Lights is focused on its Secret Pass Gold Project in Arizona and Medicine Springs silver-zinc-lead Project in Nevada.

Northern Lights Resources Corp. has completed its initial drill program at the Tin Cup prospect, part of its 100% owned Secret Pass Gold Project in Arizona. Four diamond core drill holes totaling 610 meters were drilled to confirm historic gold mineralization from the 1980s. All holes exhibited moderate to strong mineralization, with samples sent for assay. CEO Jason Bahnsen expressed the significance of this project, anticipating assay results in early 2022. The historic site produced gold grades between 15 g/t to 31 g/t. Future exploration plans will depend on assay results.

Northern Lights Resources Corp. (CSE:NLR)(OTCQB:NLRCF) announced progress on its core drilling program at the Tin Cup Prospect in Arizona. The initial four-hole drilling is nearing completion with results showing moderate to strong mineralization in the first two holes (TC21-02, TC21-03). The third hole is currently underway. Assay results from the first drill hole are expected in early 2022. The company plans to drill a total of seven holes, targeting historic high-grade mineralization from the 1980s.

Northern Lights Resources Corp. (CSE:NLR, OTCQB:NLRCF) announced the commencement of core drilling at the Tin Cup prospect within the Secret Pass Gold Project located in Arizona. Drilling began on November 11, 2021, with the first hole (TC21-02) targeting historic high-grade gold mineralization. A total of seven exploration drill holes have been approved, with an initial focus on confirming results from past drilling that indicated grades up to 40 grams per tonne gold. This initiative is part of the company's strategy to advance its gold mining operations.

Northern Lights Resources Corp. has announced a significant expansion of its Secret Pass project in Arizona, increasing the leased mineral claim area by 30%, now totaling approximately 1,128 hectares. The addition of 32 new mineral claims covers 260 hectares, highlighting the area's potential due to numerous historic workings and high-grade rock samples. CEO Jason Bahnsen underscored the strategic value of the new claims, which include notable geological features and evidence of past mining operations.

Northern Lights Resources Corp. (CSE:NLR)(OTCQB:NLRCF) announces an update from joint venture partner Reyna Silver Corp. regarding exploration plans at the Medicine Springs Project in Nevada. Reyna Silver aims to acquire up to 80% of the project with a total expenditure of US$4 million. The exploration team, led by Dr. Peter Megaw, conducted extensive sampling and plans a LiDAR survey to identify drill targets. An initial drilling budget of 7,000 meters has been approved for Q2 2022, highlighting the project's potential for mineralization.

Northern Lights Resources Corp. announced promising assay results from its Secret Pass Gold Project, indicating high concentrations of gold in surface samples. The company collected 77 rock chip samples, with 39 exceeding 0.5 grams per tonne and the highest at 26.7 grams per tonne. A 900 soil sampling program has commenced, and initial drilling has revealed gold mineralization, particularly at the Fiery Squid site, with assays of up to 9.09 grams per tonne. Further drilling at the Tin Cup Prospect is planned for Q4 2021.

Northern Lights Resources Corp. has provided an update on two key exploration projects: the Secret Pass Gold Project in Arizona and the Medicine Springs Silver Project in Nevada. At Secret Pass, the company has completed 4 drill holes totaling 600 meters, with assay results expected in July. Drilling at the nearby Tin Cup will resume mid-July due to extreme heat. The joint venture with Reyna Silver Corp. at Medicine Springs includes a significant mapping and sampling program to identify drill targets. Total exploration expenditures aim to reach US$4 million.