Northstar Gold Corp. (CSE:NSG) announced that it is advancing exploration and development work at its 100%-owned Miller Copper-Gold Property, located approximately 18 kilometres southeast of Kirkland Lake, Ontario, while outlining plans for renewed drilling at the Allied Gold Zone and continued advancement of its Cam Copper initiative.
The company said it is continuing work on the high-grade Cam Copper volcanogenic massive sulphide project and associated Surgical Mining initiatives in collaboration with Novamera, while also preparing to resume expansion drilling at the nearby Allied Gold Zone later this year.
Northstar noted that its planned advancement of the Allied Gold Zone comes amid higher gold prices and increased exploration activity in the southern Kirkland Lake camp, including ongoing drilling by Kirkland Lake Discoveries on the KL South Property, which is adjacent to Northstar’s Miller Copper-Gold Property.
The company said it believes renewed exploration activity in the district, combined with higher gold prices compared to levels at the time of its 2022 SRK Exploration Target Study, enhances the significance and strategic value of the Allied Gold Zone and the broader Miller Intrusive Complex gold system.
According to Northstar, SRK Consulting (Canada) previously completed a 3D Exploration Target Study for the Allied and Vein 1 zones at the Miller Property, outlining a conceptual upper exploration target of approximately 250,000 to 500,000 near-surface ounces of gold grading 1.39 to 2.04 grams per tonne (g/t) gold. The company said the exploration target remains open along strike, down dip and at depth, and that additional untested syenite-associated gold targets have been identified across the property.
Northstar highlighted prior drilling at the Allied Gold Zone that intersected broad intervals of near-surface gold mineralization, including 6.6 g/t gold over 117 metres, 4 g/t gold over 50.6 metres, 1.43 g/t gold over 118.5 metres, and 1.2 g/t gold over 107.3 metres.
The company also cited higher-grade gold-copper feeder-style intersections from earlier drilling, including 4.71 g/t gold and 0.51% copper over 6.4 metres, and 9.41 g/t gold and 1.03% copper over 3 metres.
Northstar said a 2023 high-resolution UAV magnetic survey identified a large, greater-than-one-kilometre-deep magnetic anomaly, referred to as SM-01, beneath the Allied Gold Zone. The company said this feature is interpreted as a possible deeper copper-gold intrusive source system.
Northstar said it has recently commenced targeting for strike and depth extensions of the Allied Gold Zone and associated gold-copper feeder structures within the Miller Intrusive Complex.
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