Northstar Gold Corporation (PK) (NSGCF) News

Almost every drill hole in the 2024 program intersected multiple bands of massive to semi-massive sulphide or stringer-type sulphide mineralization proximal (or in direct contact) with pervasive sericite-altered layers of intrusive gabbro sills and mafic / intermediate tuffs. This implies gabbro intrusives are the likely metal and heat source for most of the observed VMS sulphide mineralization on the Miller Copper-Gold Property.

This newly recognized association between gabbro bodies of various dimensions and copper mineralization adds considerable geological potential to the Property, as gabbro intrusives are known to be expansive and prolific along strike and at depth, including areas higher in the metavolcanic sequence that have yet to be explored.

About Northstar Gold Corp Northstar's flagship property is the 100% owned Miller Gold Property, situated 18 km southeast of Kirkland Lake and Kirkland Lake Gold's Macassa SMC gold mine. The Kirkland District is being explored by numerous junior gold companies and subject to recent consolidation efforts by major companies active in the District. Northstar spent $2 million in exploration at Miller in 2020, resulting in the expansion / discovery of four new high-grade vein structures (Vein 1, 2, 3 and 4) and the near-surface bulk-tonnage Allied Gold Zone. Northstar recently completed a 1,990 metre Phase IIA follow up diamond drill program at Miller on April 27th, 2021. The Company is currently awaiting assay results in preparation for a follow-up Phase IIB drill program scheduled to commence in late summer of 2021. Northstar has 3 additional 100%-owned exploration projects in northern Ontario, including the recently acquired 1,200 ha Rosegrove Property situated 0.5 km from the Miller Gold Property, the 4,500 ha Bryce Property, an intrusive-gold / PME VMS project located along the projected east extension of the Ridout Break, and the recently expanded Temagami-Milestone Cu-Ni-Co Property located in Strathcona Township. Northstar is advancing all 3 properties to the NI 43-101 Technical Report stage to maximize geological understanding, increase investor awareness and optimize monetization opportunities.

Due to unforeseen visitor visa complications, Hunan technical representatives are now positioning to obtain Canadian visitor visas for an early spring, 2025 due diligence property visit. This visit is a requirement to establish a Cooperative Agreement providing for collaborative exploration and development of the Miller Intrusive Complex gold targets

On April 19, 2023, Northstar announced results of a high resolution airborne magnetic survey completed
over the Miller Gold Property that identified a volumetrically large positive magnetic anomaly (SM-
01) partially underplating the near-surface Allied Gold Zone and syenite stock. The SM-01 Anomaly
displays a high magnetic susceptibility signature, possibly reflecting a deeper large, discrete mafic
intrusion and source area for higher, recently discovered steeply dipping Au-Cu sulphide
mineralization discovered in 2021 drill holes MG21-64 (4.71 g/t Au, 0.51% Cu over 6.4m – CG1
Zone) and MG21-65 (9.41 g/t Au, 1.03% Cu over 3.0m – CG2 Zone). Eleven additional anomalies
consistent with possible syenite intrusions have also been identified.
“The Miller UAV magnetic survey results are a potential game changer that indirectly supports the premise
the Allied Gold Zone is the late-stage, shallow-dipping carapace of an earlier deep-seated, multi-phase
gold-copper mafic intrusion-related system, similar in style to Agnico Eagle’s advanced Upper Beaver
Project situated 18 km north of the Miller Gold Property”, states Northstar CEO and Director Brian P. Fowler,
P.Geo. “Alkalic gold-copper deposits such as Upper Beaver have demonstrable vertical copper-gold
mineralization and grade continuity that may support both open pit and underground exploitation. Northstar
is positioning to confirm this new Allied Gold Zone geological model and deeper gold-copper mineralization
potential by diamond drilling.”

Filled this position on a two year hold with an average fill price of .0215. Lets see where 500,000 shares will be in two years.

Why am I collecting shares now? Here's why

https://stockhouse.com/opinion/interviews/2024/11/20/northstar-gold-to-advance-miller-copper-gold-project-with-1-2m-raise

So that took 9 days to gather the position I wanted here, I must say that an exploration company with the potential of a 55 million dollar valuation in three months and the company is currently sitting at a market cap of under 3 million, well, 250,000 shares and adding makes sense to me.

Northstar Gold Corp (CSE: NSG) has initiated diamond drilling at its wholly-owned Miller Copper-Gold Property near Kirkland Lake, Ontario. The company has partnered with Wiijiiwaagan Drilling Partnership to complete a 1,500 metre drill program by year-end. The drilling targets copper-gold-silver volcanogenic massive sulphide mineralization along the 350-metre Zone 2 Extension VMS conductor anomaly, located 600 metres southeast of the historic Cam Copper Mine. Previous drilling in November 2023 yielded significant results, including 14.8% copper over 2.45 metres in Zone 2. The program is funded by a recent private placement that raised $818,750.

Took a small starter position here and will add to it as drill results come in. Kirkland Lake area is home to some very mine-able deposits and the current drill program results will be the answer here.

Market cap is currently 2,783,717 (11/29/2024)