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Northstar Receives OJEP Critical Minerals Grant for Rosegrove Property

Dec 18, 2023

Northstar Gold Corp. announces recent notification received from the Ontario Ministry of Mines on the Company's eligibility to receive a critical minerals exploration grant of up to $80,532.50 from the Ontario Junior Exploration Program (OJEP). Grant proceeds cover up to 50% of Northstar's eligible, 2023-2024 critical minerals exploration expenditures at the Company's 100%-owned, 1,151 hectare, Rosegrove Property, situated 11 km south of the town of Kirkland Lake, Ontario. 

The Rosegrove Property is highly prospective for shear and alkaline intrusion-related copper-gold mineralization. Northstar is currently awaiting eligible exploration results from recently completed LiDAR and MMI (Mobile Metal Ion) soil surveys and bedrock prospecting at Rosegrove. The Company will report results of this work early next year.

"The success of Ontario's mining sector starts with the important work that junior mining companies do during early exploration," said George Pirie, Minister of Mines. "Through the OJEP program, our government is investing to create meaningful opportunities for junior companies, like Northstar Gold Corp., to find the mines of the future. Incentivizing early exploration will help our province remain globally competitive, find new deposits of critical minerals, and create new economic development and job opportunities for northern and Indigenous communities."

Brian Fowler, CEO of Northstar Gold Corp. expressed the Company's gratitude, stating, "Northstar is highly appreciative of this Rosegrove Property OJEP exploration grant from the Ontario Mines Ministry. Forward thinking critical mineral exploration initiatives such as OJEP supplements qualified junior exploration companies access to the venture capital required to identify and advance early-stage critical minerals exploration projects in Canada." 

About Northstar Gold Corp.

Northstar's primary exploration focus is the advancement of the Company's flagship, 100%-owned Miller Copper-Gold Property, situated 18 km southeast of Kirkland Lake and Agnico Eagle Mine's Macassa SMC gold mine.

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