Northstar Gold Corp announced that it has begun diamond drilling at the historic Cam Copper Mine, a former high-grade copper producer on its 100%-owned Miller copper-gold property near Kirkland Lake, Ontario.
The exploration properties developer said it has contracted Quebec’s Pelletier Drilling to conduct a 700 metre (m), Phase I diamond drill program targeting near-surface high-grade copper mineralization extensions at the Cam Copper Mine.
"Cam Copper Mine represents a unique and compelling high-grade copper exploration opportunity that dovetails with Ontario's Critical Minerals exploration focus," Northstar Gold CEO Brian Fowler said in a statement.
"While gold exploration at the Miller Property continues to have significant upside and remains a focus of the Company, Northstar sees significant expansion upside at Cam Copper that can be more easily fast tracked," he added.
Northstar noted the Phase I drill program is expected to be completed by month's end.
The company added that its intention is to verify a volcanogenic massive sulphide (VMS) paragenesis at the Cam Copper Mine, discover new copper zones, replicate and expand upon historic Zone 1 drill hole intercepts that include 12.4% copper over 2.4m.
Northstar Gold's primary exploration focus is the advancement of its flagship, 100%-owned Miller Gold Property, situated 18 kilometres southeast of Kirkland Lake and Agnico Eagle Mine's Macassa SMC gold mine.
The company's strategy is to develop either a minimum material (+1 million ounce) high-grade gold mineral resource to potentially supplement a nearby mining operation or a stand-alone mining operation at the Miller Gold Property.
Contact Sean at sean@proactiveinvestors.com