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Mining

Northstar Gold completes surface exploration and magnetic survey at Milestone property in Ontario

Northstar Gold Corp. (CSE:NSG) announced that it has completed a surface exploration program and high-resolution airborne magnetic survey over its 100%-owned Milestone copper-nickel-cobalt property near Temagami, Ontario.

The exploration properties developer said it has collected 72 surface samples over a 1.5 kilometre (km) strike length and has completed an 80-line km, high resolution unmanned aerial vehicles (UAV) magnetic survey.

“Data compilation and integration will identify key areas of copper sulfide mineralization and provide Northstar important information to advance the property,” Northstar Gold CEO Brian Fowler said in a statement.

READ: Northstar Gold closes first tranche of its private placement; raises C$905K

“While the Miller Gold Project remains our flagship property, we are excited to further qualify the exploration potential at Milestone in the coming year,” Fowler added.

Northstar noted the high-resolution magnetic data will be combined with recent LiDAR survey data, assay data and historic mapping information to assist the company in modeling the lower metagabbro contact, identifying prospective anomalies within the contact zone and cross cutting structures potentially hosting massive copper sulphide mineralization in the footwall of the sulphide zone.

It added that the UAV magnetic survey report detailing results is expected before year-end, while assay results from the surface samples are pending.

Northstar Gold is focused on advancing exploration properties in the prolific Abitibi Greenstone belt and Kirkland Lake district in Ontario. The group's flagship asset is the wholly-owned Miller gold project, which is a resource stage property located 18 kilometres southeast of Kirkland Lake Gold's Macassa mine complex.

Contact Sean at sean@proactiveinvestors.com

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