Northstar Gold Corp. (CSE:NSG) has announced results of a surface exploration program and high resolution airborne magnetic survey over its 100%-owned, 615 hectare Milestone property in northern Ontario, noting that significant copper-nickel-cobalt and anomalous precious metal assays have been returned from numerous surface samples containing massive to semi-massive sulphides recently collected over a 1,000 metre (m) distance along a metagabbro sill contact.
The exploration properties developer said historic surface assay results were verified in both the Diadem and O'Connor zones and a new copper-nickel-cobalt massive sulphide ‘Central zone’ has been discovered between them.
”Program results have identified a number of near-surface, precious metal-enriched copper-nickel-cobalt (Critical Minerals) exploration targets that warrant follow-up exploration,” Northstar Gold CEO Brian Fowler said in a statement.
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“While the Miller gold project remains Northstar's flagship property, the company is excited to further explore Milestone for critical minerals this year,” Fowler added.
Northstar also noted that nickel and cobalt concentrations from recent surface sampling are higher than previously reported from the property.
As well, the company said a 76.7-line kilometre, high resolution UAV magnetic survey was successful in delineating the Diadem and O'Connor zones from near surface to depths of 280m and 400m, respectively.
It added that two new anomalies have been identified along the metagabbro contact, with one anomaly possibly extending the massive sulphide trend another 500m along strike to the east north east.
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