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Northstar surveys identify near-surface EM-conductor near Cam Copper Mine

May 16, 2024

Northstar Gold Corp. announces the completion of Pulse-EM surface electromagnetic (EM) and borehole electromagnetic (BHEM) surveys over a 900-metre southeast strike extension of the Cam Copper Mine volcanogenic massive sulphide (VMS) trend, on the Company's 100%-owned Miller Copper-Gold Property situated 18 kilometers southeast of Kirkland Lake. Cam Copper is a road-accessible shaft mine and small-scale, past producer of high-grade 'direct shipping' copper ore1,2 that recently returned multiple near-surface high-grade VMS copper drill intercepts.

Large 350m, 200 Siemens Near-Surface EM Conductor Defines Possible Southeast Strike Extension of Cam Copper Zone 2 (14.8% copper over 2.5 metres in DDH CC03-23)

Crone Geophysics and Exploration Ltd. recently completed a 3-component, or 3-dimensional surface EM survey that defined a strong near surface conductor with a conductance of 200 Siemens (S), indicating possible massive sulphide mineralization along strike and similar in composition to Cam Copper Mine Zone 2 but with potentially greater thickness. This potential "Zone 2 Extension Conductor" has a minimum 350 metre strike length and 150 metre depth extent and strikes 319° Az and dips -82 degrees to the northeast (Figures 2 and 3). The Zone 2 Extension Conductor is coincidental with several magnetic anomalies located approximately 600 to 900 meters along strike to the southeast of the Cam Copper mine site (Figures 2 and 3) and could represent the southeast expansion of previously drilled Cam Copper VMS Zone 2 (14.8% copper over 2.5 metres in DDH CC03-23 - See Northstar News Release dated November 23, 2023).

Boston Creek Copper Trend Consolidation - Northstar Signs Boston Creek Mines Property LOI and Lock-up Agreement

Northstar also announces the Company has signed a Letter of Intent (LOI) which includes a 6-month lock-up agreement to negotiate acquisition terms with Boston Creek Mines Ltd. for their 100%-owned, 65 hectare Boston Creek Mines Property, situated adjacent and northwest of Northstar's Miller Copper-Gold Property (Figure 1) on the historic Boston Creek Copper Trend. 

"Northstar continues to advance, enhance and expand the Boston Creek Mines VMS Copper Trend on the Miller Copper-Gold Property by diamond drilling, borehole and surface EM surveys, and strategic acquisition strategies," states Brian P. Fowler, P.Geo., President, and CEO of Northstar. "The newly defined, 350 metre near-surface Zone 2 Extension EM Conductor is 750 metres southeast of Northstar's recent high-grade Zone 2 drill hole copper intercepts at Cam Copper Mine, with signatures potentially representing a large, near-surface VMS deposit. Northstar is positioning to drill test the Zone 2 Extension Conductor later this summer."

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