Northstar Completes Diamond Drill Program at Miller Copper-Gold Property New 15.76 Metre Copper Zone Discovery
Northstar Gold Corp. (CSE: NSG) has completed a 7-hole, 1,465-metre diamond drill program at its Miller Copper-Gold Property near Kirkland Lake, Ontario. The program, conducted between November 23rd and December 12th, 2024, targeted near-surface copper-gold-silver VMS mineralization.
A significant discovery was made in drill hole CC-07, revealing a new 15.76-metre copper zone located 500 metres southeast of the Cam Copper Mine Zone 2. This zone, found near surface (47.24m to 63m), shows chalcopyrite mineralization associated with gabbro intrusive contacts. The discovery is connected to a previously sampled surface trench that yielded up to 17.9% copper and 16.2 g/t silver.
The 2024 drilling program revealed that almost every hole intersected multiple bands of massive to semi-massive sulphide mineralization, with gabbro intrusives identified as the likely metal and heat source. This association between gabbro bodies and copper mineralization significantly enhances the property's geological potential.
Northstar Gold Corp. (CSE: NSG) ha completato un programma di perforazione a diamante composto da 7 fori e 1.465 metri presso la sua proprietà Miller Copper-Gold vicino a Kirkland Lake, Ontario. Il programma, condotto tra il 23 novembre e il 12 dicembre 2024, ha puntato a mineralizzazioni di rame-oro-argento VMS vicino alla superficie.
Una scoperta significativa è stata fatta nel foro di perforazione CC-07, rivelando una nuova zona di rame di 15,76 metri situata a 500 metri a sud-est della zona 2 della Cam Copper Mine. Questa zona, trovata vicino alla superficie (da 47,24 m a 63 m), mostra mineralizzazione di calcopirite associata a contatti intrusivi di gabbro. La scoperta è collegata a una trincea campionata in precedenza che ha dato fino a 17,9% di rame e 16,2 g/t di argento.
Il programma di perforazione del 2024 ha rivelato che quasi ogni foro ha intersecato molteplici bande di mineralizzazione solfurea massiva e semi-massiva, con i gabbri intrusivi identificati come la probabile fonte di metalli e calore. Questa associazione tra corpi di gabbro e mineralizzazione di rame migliora significativamente il potenziale geologico della proprietà.
Northstar Gold Corp. (CSE: NSG) ha completado un programa de perforación de diamante de 7 pozos y 1.465 metros en su propiedad Miller Copper-Gold cerca de Kirkland Lake, Ontario. El programa, realizado entre el 23 de noviembre y el 12 de diciembre de 2024, se centró en la mineralización de cobre-oro-plata VMS cercana a la superficie.
Se realizó un descubrimiento significativo en el pozo de perforación CC-07, revelando una nueva zona de cobre de 15,76 metros ubicada a 500 metros al sureste de la zona 2 de la mina Cam Copper. Esta zona, encontrada cerca de la superficie (de 47,24 m a 63 m), muestra mineralización de calcopirita asociada con contactos intrusivos de gabbro. El descubrimiento está conectado a una trinchera muestreada previamente que arrojó hasta 17,9% de cobre y 16,2 g/t de plata.
El programa de perforación de 2024 reveló que casi todos los pozos intersecaron múltiples bandas de mineralización de sulfuro masivo a semi-masivo, con intrusiones de gabbro identificadas como la probable fuente de metales y calor. Esta asociación entre cuerpos de gabbro y mineralización de cobre mejora significativamente el potencial geológico de la propiedad.
Northstar Gold Corp. (CSE: NSG)는 온타리오주 커클랜드 레이크 근처의 밀러 구리-금 자산에서 7개 구멍, 1,465미터 다이아몬드 시추 프로그램을 완료했습니다. 이 프로그램은 2024년 11월 23일부터 12월 12일 사이에 실시되었으며, 표면 근처의 구리-금-은 VMS 광물화에 초점을 맞췄습니다.
CC-07 시추 구멍에서 중요한 발견이 있었으며, 이는 Cam Copper Mine Zone 2에서 500미터 남동쪽에 위치한 새로운 15.76미터 구리대를 드러냈습니다. 이 구역은 표면 근처(47.24m에서 63m)에서 발견되었으며, 가브로 침입 접촉과 관련된 칼코파라이트 광물화를 보여줍니다. 이 발견은 최대 17.9%의 구리와 16.2g/t의 은을 포함한 이전 샘플링된 표면 트렌치와 연결되어 있습니다.
2024년 시추 프로그램은 거의 모든 구멍이 대규모에서 반대규모로 이루어진 황화 광물화의 여러 밴드를 교차했음을 밝혀냈으며, 가브로 침입이 금속과 열의 가능성 있는 원천으로 식별되었습니다. 이 가브로 체와 구리 광물화 간의 연관성은 재산의 지질 잠재력을 크게 향상시킵니다.
Northstar Gold Corp. (CSE: NSG) a achevé un programme de forage diamant de 7 trous et 1 465 mètres sur sa propriété de cuivre-or Miller près de Kirkland Lake, en Ontario. Le programme, réalisé entre le 23 novembre et le 12 décembre 2024, visait des minéralisations de cuivre-or-argent VMS près de la surface.
Une découverte significative a été faite dans le trou de forage CC-07, révélant une nouvelle zone de cuivre de 15,76 mètres située à 500 mètres au sud-est de la zone 2 de la mine de cuivre Cam. Cette zone, trouvée près de la surface (de 47,24 m à 63 m), montre une minéralisation de chalcopyrite associée à des contacts intrusifs de gabbro. La découverte est liée à un fossé de surface préalablement échantillonné qui a donné jusqu'à 17,9 % de cuivre et 16,2 g/t d'argent.
Le programme de forage de 2024 a révélé que presque tous les trous ont croisé plusieurs bandes de minéralisation sulfureuse massive à semi-massive, les intrusions de gabbro identifiées comme la probable source de métaux et de chaleur. Cette association entre des corps de gabbro et la minéralisation de cuivre améliore considérablement le potentiel géologique de la propriété.
Northstar Gold Corp. (CSE: NSG) hat ein Diamant-Bohrprogramm mit 7 Löchern und 1.465 Metern an seinem Miller Copper-Gold Grundstück in der Nähe von Kirkland Lake, Ontario, abgeschlossen. Das Programm, das vom 23. November bis 12. Dezember 2024 durchgeführt wurde, zielte auf kupfer-gold-silber VMS-Mineralisierung in unmittelbarer Nähe zur Oberfläche.
Eine bedeutende Entdeckung wurde im Bohrloch CC-07 gemacht, wo eine neue Kupferzone von 15,76 Metern entdeckt wurde, die sich 500 Meter südöstlich der Cam Copper Mine Zone 2 befindet. Diese Zone, die in der Nähe der Oberfläche (47,24 m bis 63 m) gefunden wurde, zeigt Mineralisierung von Chalcopyrit, die mit gabbro-intrusiven Kontakten assoziiert ist. Der Fund steht im Zusammenhang mit einem zuvor gemusterten Oberflächen-Graben, der bis zu 17,9 % Kupfer und 16,2 g/t Silber ergab.
Das Bohrprogramm 2024 hat ergeben, dass nahezu jedes Loch mehrere Bänder von massiver bis semi-massiver Sulfidmineralisierung durchkreuzte, wobei gabbro-intrusiven als wahrscheinliche Metall- und Wärmequelle identifiziert wurden. Diese Assoziation zwischen Gabbro-Körpern und Kupfer-Mineralisierung erhöht das geologische Potenzial des Grundstücks erheblich.
- Discovery of new 15.76-metre copper zone 500m southeast of Cam Copper Mine
- Previous drilling yielded high-grade results of 14.8% copper over 2.45 metres in Zone 2
- Nearby surface trench samples showed up to 17.9% copper and 16.2 g/t silver
- Multiple bands of massive to semi-massive sulphide mineralization found in almost every drill hole
- Zone remains open along strike and at depth, indicating expansion potential
- None.
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2025) - Northstar Gold Corp. (CSE: NSG) ("Northstar" or the "Company"), is pleased to announce the recent completion of a 7 hole, 1,465 metre diamond drill program at the Company's
Northstar drilling targeted near-surface copper-gold-silver volcanogenic massive sulphide (VMS) mineralization and associated EM, IP and magnetic geophysical anomalies over a 1,000 metre southeast strike extension of the historic, direct-shipping high-grade Cam Copper Mine (Please see Northstar News Release Dated May 16, 2024). In late November, 2023, Northstar drilling intersected a number of discrete high-grade VMS copper horizons at Cam Copper Mine, including
New 15.76 Metre Copper Zone Discovered 500 Metres Southeast of Cam Copper Mine (Fig. 1)
Northstar drill hole CC-07 discovered near surface, sub-seafloor replacement-style chalcopyrite mineralization in multiple horizons over a core length of 15.76 metres (47.24m to 63m), 500 metres southeast of Cam Copper Mine Zone 2. Chalcopyrite mineralization is observed to be associated with multiple gabbro intrusive contacts within a sequence of mafic to intermediate bedded tuffs. The CC-07 copper mineralization drill hole intercept occurs 45 metres below and 20 metres along strike from a recently sampled, historic 3 metre-wide surface trench with massive chalcopyrite and bornite mineralization assaying up to
While assay results from drill hole CC-07 are pending receipt, visual assessment of this important new style of copper mineralization south of Cam Copper Mine, on its own merit, warrants near-term follow-up and step-out drilling.
Figure 1 Miller Copper-Gold Property Cam Copper Trend Drill Hole Plan Map
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Additional 2024 Diamond Drill Program Observations
- Almost every drill hole in the 2024 program intersected multiple bands of massive to semi-massive sulphide or stringer-type sulphide mineralization proximal (or in direct contact) with pervasive sericite-altered layers of intrusive gabbro sills and mafic / intermediate tuffs. This implies gabbro intrusives are the likely metal and heat source for most of the observed VMS sulphide mineralization on the Miller Copper-Gold Property.
This newly recognized association between gabbro bodies of various dimensions and copper mineralization adds considerable geological potential to the Property, as gabbro intrusives are known to be expansive and prolific along strike and at depth, including areas higher in the metavolcanic sequence that have yet to be explored.
- Observations of chalcopyrite mineralization replacing magnetite in drill hole CC-07 is a common Besshi-type vent area / intrusive contact feature discovered in other locations globally. Examples include the world class Windy Craggy deposit in British Columbia, Shikoku Island deposit in Japan, and Outokumpu deposits in eastern Finland.
- Re-logging of 2023 Cam Copper Mine drill holes CC-01 to CC-04 confirms broad, thick areas of lensoidal gabbro bodies in the footwall of Zone 2 exhibit a strong positive correlation with grade x thickness of overlying copper-rich VMS lenses. The gabbro lenses appear to be expanding with depth, with the primary Zone 2 lens extending a minimum of 100 metres along strike to the southeast of DDH CC-03 (
14.8% Cu over 2.45m). The Zone 2 horizon and the underlaying 30-metre-wide gabbro body remain open in multiple directions.
- Documented 2023 and visual 2024 Cam Copper diamond drill results confirm the combination of detailed ground geophysical surveys, prospecting and trenching is an effective means to define near-surface VMS and replacement-style copper drill targets and discoveries at the Miller Copper-Gold Property. Follow-up exploration will include detailed magnetic surveying, detailed MMI geochemical surveying and additional drilling in 2025.
Qualified Person
Elizabeth Vida, P.Geo., is a Qualified Person as defined by National Instrument 43-101. Ms. Vida has reviewed the technical information in this news release and approves the written disclosure contained herein.
About Northstar
Northstar's primary exploration focus is to advance and expand the near-surface, Allied Gold Zone bulk- tonnage gold-telluride deposit and more recently discovered VMS copper mineral deposits on the Company's flagship,
Recently Signed Gold and Copper MOUs
Northstar recently signed two MOUs to advance the Company's Miller Intrusive Complex gold and Cam Copper Zone 2 VMS copper exploration and development projects, respectively, at the Miller Copper-Gold Property. On September 19th, 2024, Northstar announced signing a MOU with China-based Hunan Nonferrous with intentions to possibly secure a minority stake in the Miller Intrusive Complex gold deposits by funding up to 10,000 meters of expansion diamond drilling. Due to unforeseen visitor visa complications, Hunan technical representatives are now positioning to obtain Canadian visitor visas for an early spring, 2025 due diligence property visit. This visit is a requirement to establish a Cooperative Agreement providing for collaborative exploration and development of the Miller Intrusive Complex gold targets (Please see Northstar- Hunan MOU News Release dated September 19, 2024).
On October 3rd, 2024, Northstar announced it had signed a MOU with Novamera Inc., setting terms for Novamera to secure the necessary financing to Surgically MineTM high-grade copper at Cam Copper Mine, subject to the definition and permitting of an economic deposit. This includes a multi-staged program (the "Surgical MiningTM Program") to test and extract material from the copper-rich, near vertical Zone 2 VMS horizon. (Please see Northstar-Novamera MOU News Release dated October 3, 2024). In late 2024, Northstar commissioned Chris Keech of CGK Consulting Services Inc., to develop a geological block model to provide the basis for Novamera's Stage 1 mining estimation Scoping Study. The results of this study are expected next month.
Other Properties
Northstar has 3 additional
On behalf of the Board of Directors,
Mr. Brian P. Fowler, P.Geo.
President, CEO and Director
(604) 617-8191
bfowler@northstargoldcorp.com
Cautionary Note Regarding Forward-Looking Statements
All statements, other than statements of historical fact, contained in this news release constitute "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (referred to herein as "forward-looking statements"). Forward-looking statements include, but are not limited to, disclosure regarding the completion of the Offering and potential gross proceeds to be raised pursuant thereto, the receipt of all applicable regulatory approvals, the prospective nature of the Company's property interests, exploration plans and expected results, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; planned use of proceeds, expenditures and budgets and the execution thereof. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes", or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results, "may", "could", "would", "will", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.
All forward-looking statements are based on various assumptions, including, without limitation, the expectations and beliefs of management, the receipt of applicable regulatory approvals. availability of financing, the assumed long-term price of gold, that the current exploration and other objectives concerning its mineral projects can be achieved and that its other corporate activities will proceed as expected; that the current price and demand for gold will be sustained or will improve; the continuity of the price of gold and other metals, economic and political conditions and operations; the prospective nature of the Company's properties, availability of financing, and that general business and economic conditions will not change in a materially adverse manner.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NSG to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks and uncertainties related to the completion of the Offering as presently proposed or at all, the failure to obtain all applicable regulatory approvals; actual results of current exploration activities; environmental risks; future prices of gold; operating risks; accidents, labour issues and other risks of the mining industry; delays in obtaining government approvals or financing; and other risks and uncertainties. These risks and uncertainties are not, and should not be construed as being, exhaustive.
Although NSG has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. In addition, forward-looking statements are provided solely for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Accordingly, readers should not place undue reliance on forward-looking statements.
Forward-looking statements in this news release are made as of the date hereof and NSG assume no obligation to update any forward-looking statements, except as required by applicable laws.
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FAQ
What are the key findings from Northstar's 2024 Miller Property drill program?
What were the copper grades found in Northstar's (NSG) recent surface sampling?
How many holes and meters were drilled in Northstar's 2024 Miller Property program?
When will Northstar (NSG) release the drill results from the Miller Property program?
What was the significance of drill hole CC-07 in Northstar's Miller Property program?
