Welcome to our dedicated page for Northstar Gold news (Ticker: NSGCF), a resource for investors and traders seeking the latest updates and insights on Northstar Gold stock.
Northstar Gold Corp (NSGCF) generates a steady flow of project-focused news centered on gold and copper exploration in northern Ontario. Company releases highlight drilling campaigns, technical studies, and financing initiatives tied to its 100%-owned Miller Copper-Gold Property near Kirkland Lake, with particular emphasis on the historic Cam Copper Mine area and the near-surface Allied Gold Zone.
Recent news has focused on the high-grade Cam Copper Project, where Northstar reports defining a conceptual Zone 2 Exploration Target, receiving a positive “Zone 2 Proposed Development and Surgical Mining Evaluation Study” from Novamera Inc., and progressing from a Memorandum of Understanding to a Letter of Intent and a definitive Surgical Mining Services Agreement. Updates describe plans for definition diamond drilling, metallurgical test work, and the commissioning of NI 43-101-compliant Technical Reports and Mineral Resource Estimates, while reiterating that no mineral resources or reserves have yet been established.
Investors following NSGCF news can also track announcements on private placements, flow-through and royalty-style financings, and a Master Project Agreement with DIGITAL – Canada’s Global Innovation Cluster for digital technologies, Novamera, and Micon International Limited. These items outline how Northstar intends to fund permitting, engineering, and the initial implementation of Novamera’s Surgical Mining™ system, as well as broader data-driven and digital solutions at Cam Copper.
Additional releases cover new exploration results, such as the discovery of a stratiform gold-sulphide horizon and near-surface copper zones southeast of Cam Copper, along with ongoing partner interest in Northstar’s other northern Ontario properties. This news page allows readers to review the sequence of technical, financial, and partnership developments that shape Northstar’s exploration trajectory.
Northstar Gold (NSGCF) and consortium partners received approval for up to $4.0 million in DIGITAL co-investment to advance the Cam Copper Surgical Mining project led by Novamera. Northstar expects ~ $1.8 million net (about 30% of the ~$11.0 million project) payable against eligible expenditures.
Subject to final DIGITAL approvals and partner confirmations, Northstar expects an initial reimbursement of ~$300,000 on or before mid-April 2026. The funding will support Surgical Mining field work, subsurface imaging, orebody modelling, metallurgical validation, and regulatory engagement at the 100%-owned Cam Copper Project.
Northstar Gold Corp (OTC:NSGCF) closed the second tranche of a non‑brokered private placement on December 31, 2025, raising $61,000 in Tranche 2 and bringing cumulative proceeds to $916,700.
Tranche 2 issued 600,000 flow‑through units at $0.06 and 500,000 non‑flow units at $0.05, with warrants exercisable at $0.08 and $0.05 for 24 months. Finder fees of $2,160 and 36,000 finder warrants were paid. Securities are subject to a four‑month hold and insiders participated.
Proceeds will fund the Cam Copper Zone 2 Surgical Mining pilot and related work. Northstar completed a 7‑hole infill diamond drill program totalling 1,194 metres (Dec 12–22, 2025) and plans assay results in late January 2026.
Northstar Gold Corp (OTC: NSGCF) has started a 1,200m definition diamond drill program at the 100%‑owned Cam Copper Mine Zone 2 to support a NI 43‑101 mineral resource estimate and technical report. The program targets a high‑grade, near‑surface VMS copper lens interpreted from surface to ~200m depth. Northstar plans to partner with Novamera to apply a turnkey Surgical Mining pilot to recover roughly ~116,000–120,000 tonnes of copper‑rich material over an estimated 31 months. Novamera would earn a 5% revenue share and the initial project capex is cited at approximately US $1.5M.
Northstar (OTC: NSGCF) closed the first tranche of a non-brokered private placement on December 15, 2025, raising $855,700 through 7,345,000 flow-through units at $0.06, 3,300,000 non-flow-through units at $0.05 and 10 royalty units for $250,000.
Royalty units carry 300,000 warrants each (exercise $0.05, three years), accrue 10% interest up to three years and entitle investors to 50% of Cam Copper free cash flow quarterly until a return of up to 4x invested principal. Proceeds will fund a Zone 2 infill drill program (commencing mid-December 2025), metallurgical work, a NI 43-101 technical report, permitting, engineering and working capital.
The company is advancing a Novamera turnkey Surgical Mining agreement to extract ~116,000 tonnes from Zone 2 over ~31 months and notes an estimated low upfront capex ~US $1.5M for the Novamera approach.
Northstar (OTC: NSGCF) signed a Master Project Agreement with DIGITAL, Novamera and Micon to secure partial funding for data-driven, surgical mining at its 100%‑owned Cam Copper Project near Kirkland Lake, Ontario.
Under a prior Definitive Surgical Mining Services Agreement, Novamera will pilot extraction of ~120,000 tonnes of copper‑rich material over a 31‑month pilot using robotic drilling, real‑time imaging and immediate backfilling. Novamera may earn a 5% revenue share; upfront capital is ~US$1.5M with remaining costs off balance sheet. Exploration target ranges 75,000–140,000 tonnes at 9–18% Cu (conceptual).
Northstar (OTC: NSGCF) announced coordinated non-brokered private placements to fund permitting, engineering and a pilot implementation of Novamera's Surgical Mining at the 100%‑owned Cam Copper Project on October 29, 2025. The Offerings total up to C$3.0 million if fully subscribed, with initial tranches of ~C$800,000 and ~C$500,000 expected.
Key financing components include flow‑through units (up to C$500k), non‑flow units (up to C$1.0M) and Advance Royalty Units (up to C$1.5M) that allocate 50% of project free cash flow quarterly to investors until they receive up to 4x their accrued principal (10% interest, convertible at C$0.08). The project targets ~116,000 tonnes of high‑grade copper extraction over ~31 months and plans an NI 43‑101 technical report prior to any production decision.
Northstar (NSGCF) signed a Surgical Mining Services Agreement with Novamera to test its Turnkey Surgical Mining™ on near-surface Zone 2 at the Cam Copper Project, Ontario.
Key disclosed metrics: a conceptual Exploration Target of 75,000–140,000 tonnes grading 9%–18% Cu (conceptual average 12% Cu), a preliminary scope to extract a conceptual 116,000 tonnes via 93 extraction holes over ~31 months, and an advance payment of US $1.535 million. Novamera could earn a 5% NSR on material extracted with its Turnkey Solution. Work remains subject to permits, financing, and an NI 43-101 Technical Report to establish economic viability.
Northstar Gold Corp. (CSE: NSG) has signed a Letter of Intent with Novamera Inc. to implement their patented Surgical Mining technology at the historic Cam Copper Mine's Zone 2, located in Kirkland Lake, Ontario. The project targets a high-grade copper deposit with an exploration target of 75,000-140,000 tonnes grading 9-18% copper.
The innovative Surgical Mining solution involves drilling large-diameter holes from the surface with minimal environmental impact. The project scope includes extracting 116,000 tonnes using 93 extraction holes over 31 months. Novamera will earn a 5% revenue share with a buyout option available to Northstar. The project requires a low upfront capital of $1.5 million, with remaining costs structured off balance sheet.
Recent drilling results, including an intercept of 14.8% copper over 2.45 metres, support the project's potential. Northstar plans to commission an NI43-101 compliant Technical Report and Mineral Resource Estimate.
Northstar Gold Corp. (CSE: NSG) has received positive results from Novamera Inc.'s Surgical Mining™ evaluation study for the Cam Copper Mine Zone 2 Project. The study is based on recently announced Zone 2 Exploration Target models indicating 75,000 to 140,000 tonnes grading between 9% and 18% copper, with a conceptual average grade of 12% copper.
The companies are progressing with a Letter of Intent (LOI) that will establish terms for 3rd party financing, exploration, development, and high-grade copper production using Novamera's Surgical Mining™ technology. This innovative mining method is designed for steeply dipping narrow vein deposits, offering lower capital expenditure and faster production timeline while reducing environmental impact.
The Zone 2 mineralization remains open at depth, extending from surface to approximately 200 metres depth, with a 125-metre strike length and averaging 1 metre in width.