Company
Northstar Gold Corp.
CNSX:NSG
Northstar Gold Corp listed on the CSE early in 2020 by way of a $3 million initial public offering (IPO) and 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,18 kilometres (km) southeast of Kirkland Lake Gold's Macassa mine complex. Between 2014 and 2020, Northstar drilled over 10,868 metres (m) - 55 holes - and encountered multiple high-grade and broad, low-grade intersections with abundant coarse visible gold and tellurides. The company also holds the Searles property - a 64-hectare asset, which sits 18 km southeast of Kirkland Lake, on the No. 1 Vein of the Miller Independence Mine, which straddles Northstar’s adjoining Miller project to the west. It also has the Rosegrove property, a 1,200 hectare “Kirkland-style gold” asset near Miller and the 5,090 hectare Bryce gold project, where drill assays have included 0.86 g/t gold over 80m and 1.08 g/t of gold over 56m. It also holds the Milestone copper, nickel, cobalt property, including the Diadem deposit discovered by Teck Resources, which occurs along the same geologic contact that hosts the former Temagami Island Copper mine 20 km to the southwest.
86 stories · page 3 of 5
Northstar Gold closes first tranche of its private placement; raises C$905K
The exploration properties developer said proceeds from the offering will be used for exploration at its flag-ship Miller gold property near Kirkland Lake, Ontario, its adjoining Rosegrove gold property, and the Milestone copper-nickel-coba
Northstar Gold announces C$1.6M non-brokered private placement financing
Northstar Gold said the gross proceeds from the sale of the flow-through shares will be used to incur eligible Canadian Exploration Expenses at the company’s 100%-owned flagship Miller gold property
Northstar Gold says it has moved one step closer to over 1M ounce gold resource at its Miller project in Ontario
The study was completed by Ronacher McKenzie Geoscience Inc and SRK Consulting Inc and shows that these targets remain open to expansion with potential to increase tonnage and gold grade by additional drilling