Northstar Gold targets Allied Gold Zone expansion at Miller property

Northstar Gold Corp. (CSE:NSG) announced that it is advancing exploration and improvement enactment astatine its 100%-owned Miller Copper-Gold Property, located astir 18 kilometres southeast of Kirkland Lake, Ontario, portion outlining plans for renewed drilling astatine the Allied Gold Zone and continued advancement of its Cam Copper initiative.

The institution said it is continuing enactment connected the high-grade Cam Copper volcanogenic monolithic sulphide task and associated Surgical Mining initiatives successful collaboration with Novamera, portion besides preparing to resume enlargement drilling astatine the adjacent Allied Gold Zone aboriginal this year.

Northstar noted that its planned advancement of the Allied Gold Zone comes amid higher golden prices and accrued exploration enactment successful the confederate Kirkland Lake camp, including ongoing drilling by Kirkland Lake Discoveries connected the KL South Property, which is adjacent to Northstar’s Miller Copper-Gold Property.

The institution said it believes renewed exploration enactment successful the district, combined with higher golden prices compared to levels astatine the clip of its 2022 SRK Exploration Target Study, enhances the value and strategical worth of the Allied Gold Zone and the broader Miller Intrusive Complex golden system.

According to Northstar, SRK Consulting (Canada) antecedently completed a 3D Exploration Target Study for the Allied and Vein 1 zones astatine the Miller Property, outlining a conceptual precocious exploration people of astir 250,000 to 500,000 near-surface ounces of golden grading 1.39 to 2.04 grams per tonne (g/t) gold. The institution said the exploration people remains unfastened on strike, down dip and astatine depth, and that further untested syenite-associated golden targets person been identified crossed the property.

Northstar highlighted anterior drilling astatine the Allied Gold Zone that intersected wide intervals of near-surface golden mineralization, including 6.6 g/t golden implicit 117 metres, 4 g/t golden implicit 50.6 metres, 1.43 g/t golden implicit 118.5 metres, and 1.2 g/t golden implicit 107.3 metres.

The institution besides cited higher-grade gold-copper feeder-style intersections from earlier drilling, including 4.71 g/t golden and 0.51% copper implicit 6.4 metres, and 9.41 g/t golden and 1.03% copper implicit 3 metres.

Northstar said a 2023 high-resolution UAV magnetic survey identified a large, greater-than-one-kilometre-deep magnetic anomaly, referred to arsenic SM-01, beneath the Allied Gold Zone. The institution said this diagnostic is interpreted arsenic a imaginable deeper copper-gold intrusive root system.

Northstar said it has precocious commenced targeting for onslaught and extent extensions of the Allied Gold Zone and associated gold-copper feeder structures wrong the Miller Intrusive Complex.