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Northstar intersects 31.1 g/t Au over 0.7m at Planet Syenite southeast of KL

Oct 11, 2020

Northstar Gold Corp. is reporting drill results from the last 5 holes of a 5,023 metre, 28 hole Phase I diamond drill program on the company's 100%-owned Miller Gold Property, 18 km southeast of the town of Kirkland Lake and Kirkland Lake Gold's Macassa gold mine.

The primary objective of the Phase I drill program was to confirm and expand known near surface, Kirkland-style high grade gold/telluride mineralization and portions of a historic estimate within the No. 1 Vein. The Phase I program not only succeeded in expanding the near surface, high-grade gold mineralized zone but it also discovered several additional near surface gold zones (Veins 2, 3 and 4 in the hanging wall of No. 1 Vein, now collectively referred to as the Allied Syenite Gold Zone), highlighting the potential for the delineation near surface bulk tonnage gold mineralization.

Earlier Phase IA and Phase IB drill results reported by Northstar from the No. 1 Vein and Allied Syenite alkalic intrusive gold system include 18 g/t gold over 3.89 metres(Drill Hole MG20-34), 19.4 g/t Au over 4.4m within 118.5m interval averaging 1.4 g/t Au (Drill Hole MG20-49) and 4.7 g/t Au over 8.0m within a 107.3m interval averaging 1.2 g/t (Drill Hole MG20-47) (Please see Northstar News Releases dated June 3rd, 2020 and September 2nd, 2020). 

Planet Syenite Drill Results

The Planet Syenite is located approximately 1.4 km to the northwest of the Allied Syenite, along strike of the central Catharine Fault Zone structure within a high IP chargeability corridor. In late July, early August, 2020, Northstar drilled 4 holes targeting high-grade gold-telluride mineralization, following up previous drill results from the Planet Syenite, a 250 metre elliptical stock intruding mafic volcanic rocks, central to a number of intersecting gold-bearing fault, shear and broad quartz stockwork zones on the Miller Gold Property. Drilling identified a series of stacked silicified zones with quartz veins ranging in apparent width between 0.3m and 1.6m, hosting visible gold and gold tellurides within the syenite intrusion. Phase I drill results are highlighted below and confirm the Planet Syenite warrants additional drilling: 

  • Hole MG20-53 intersected 31.1 g/t Au over 0.7m and 15.1 g/t Au over 0.8m, encompassing a broader silicified zone averaging 1.9 g/t Au over 22.6m between 71.9m and 94.5m; this hole confirms the previous drilling results from MG15-24 in the Planet Syenite which intersected 3.32 g/t Au over 11.55m including 74.9 g/t Au over 0.3m in a similar silicified zone hosting visible gold and gold tellurides in quartz veins. 

A new discovery of gold bearing breccia was made in drill hole MG20-54, adjacent to the Allied Syenite at a depth of 245m. This zone averaged 1.7 g/t gold over 5.0m. A complete listing of Phase IB drill results for holes MG20-50 to MG20-54 is provided in Table 1 and supporting maps and sections can be viewed on the Company's website.

"Northstar is very pleased with Miller Gold Property Phase I drill results", states Brian P. Fowler, P.Geo., President and CEO of Northstar Gold Corp. "Phase I drilling confirms the Miller Gold Property hosts a number of significant, near-surface high-grade gold telluride veins and broad, lower-grade, intrusion-related gold-telluride stockwork and structures with demonstrable potential for expansion with additional drilling. Northstar is positioning to follow-up Phase I drill results and new discoveries with a 4,000 metre, Phase II drill program scheduled to commence in late October / early November, 2020."

GoldSpot Discoveries Corp. Data Processing, Artificial Intelligence (AI) Driven 3D Modeling and Exploration Targeting On-going 

Phase II drilling will have the added benefit of important geological insights provided by GoldSpot Discoveries Corp., who are currently processing data from Northstar's $350,000, 2020 3D IP, magnetics and gravity surveys on the Miller Gold Property and preparing an integrated 3D geology and geophysical exploration model and targeting study. Results will be documented in a Technical Report scheduled for delivery by the end of October." 

Phase I Drill Program

Northstar completed Phase I drilling at the Miller Gold Property on August 4th, 2020. All drill core has been logged with samples assayed for gold by AGAT Laboratories in Mississauga, Ontario. Metallic screening was performed on 65 samples associated with core intervals hosting coarse visible gold or gold tellurides, including 30 samples from the Planet Syenite with FA-AA samples >0.8 g/t Au from the Planet Syenite increasing by an average of 111% in gold content with an average of 67% of the total gold in the coarse fraction, indicating the presence of very coarse gold in the samples.

Surface Exploration

The Company is fully permitted and will conduct surface stripping in multiple areas of the Property where visible gold and gold tellurides have been observed, to provide for geological mapping and additional sampling. Surface stripping has proven to be highly effective in defining new mineralized zones on the Property as overburden is generally thin. This work will commence in late October.

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