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) maintains an active exploration program focused on high-grade gold-telluride and copper deposits at its Miller Property near Kirkland Lake, Ontario. This news hub provides investors with timely updates on drilling results, strategic partnerships, and resource development progress.
Access comprehensive coverage of NSGCF's exploration activities including electromagnetic survey findings, diamond drilling campaigns, and collaborative ventures with industry partners. The page consolidates official press releases detailing mineral target validation, LOI/MOU announcements, and technical updates compliant with NI 43-101 standards.
Key updates include developments at the Allied Gold Zone, Cam Copper Mine extensions, and strategic financing initiatives. Investors can track progress on bulk-tonnage gold targets and VMS copper systems through verified operational reports and partnership disclosures.
Bookmark this page for direct access to Northstar's latest geological findings and corporate developments. Regular updates ensure stakeholders maintain current understanding of the company's exploration trajectory and resource potential in Ontario's mineral-rich regions.
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.
Northstar Gold Corp. (CSE: NSG) has announced partial results from a 7-hole, 1,465-metre diamond drill program at its Miller Copper-Gold Property near Kirkland Lake, Ontario. The company discovered a new +500-metre stratiform gold-sulphide horizon through three drill holes (CC-05-24, CC-06-24, and CC-11-24), intersecting semi-massive to stringer pyrrhotite sulphide with gold and zinc concentrations.
Key intercepts include 0.84 g/t Au over 2.08m in DDH CC-06-24, 0.80 g/t Au over 0.29m in DDH CC-05-24, and 0.40 g/t Au over 0.52m in DDH CC-11-24. Additionally, a new copper zone was discovered 500 metres southeast of the Cam Copper Mine, with drill hole CC-07-24 revealing multiple copper horizons grading up to 1.38% Cu over 0.3m.
Northstar Gold Corp. (CSE: NSG) has completed a 7-hole, 1,465-metre diamond drill program at its Miller Copper-Gold Property near Kirkland Lake, Ontario. The program, conducted between November 23rd and December 12th, 2024, targeted near-surface copper-gold-silver VMS mineralization.
A significant discovery was made in drill hole CC-07, revealing a new 15.76-metre copper zone located 500 metres southeast of the Cam Copper Mine Zone 2. This zone, found near surface (47.24m to 63m), shows chalcopyrite mineralization associated with gabbro intrusive contacts. The discovery is connected to a previously sampled surface trench that yielded up to 17.9% copper and 16.2 g/t silver.
The 2024 drilling program revealed that almost every hole intersected multiple bands of massive to semi-massive sulphide mineralization, with gabbro intrusives identified as the likely metal and heat source. This association between gabbro bodies and copper mineralization significantly enhances the property's geological potential.
Northstar Gold Corp. (CSE: NSG) has closed the second tranche of its non-brokered private placement, raising $169,300 through 4,120,000 Units. Combined with the first tranche of $818,750, the total placement reaches $988,050. The offering includes Hard Dollar Units at $0.04 and Flow Through Units at $0.045, both with share purchase warrants.
The company continues its 1,500-metre Cam Copper Mine VMS Extension drill program, which began in late November 2024. Previous drilling intersected high-grade VMS copper horizons, including 14.8% copper over 2.45 metres in Zone 2. Due to the ongoing Canada Post strike, Northstar has postponed its Annual General Meeting originally scheduled for January 8, 2025, to ensure compliance with NI 54-101 regulations.
Northstar Gold Corp (CSE: NSG) has initiated diamond drilling at its wholly-owned Miller Copper-Gold Property near Kirkland Lake, Ontario. The company has partnered with Wiijiiwaagan Drilling Partnership to complete a 1,500 metre drill program by year-end. The drilling targets copper-gold-silver volcanogenic massive sulphide mineralization along the 350-metre Zone 2 Extension VMS conductor anomaly, located 600 metres southeast of the historic Cam Copper Mine. Previous drilling in November 2023 yielded significant results, including 14.8% copper over 2.45 metres in Zone 2. The program is funded by a recent private placement that raised $818,750.
Northstar Gold Corp has closed the first tranche of its non-brokered private placement, raising $818,750 through the issuance of 19,850,000 Units. The offering included 14,900,000 Hard Dollar Units at $0.04 and 4,950,000 Critical Minerals Flow Through Units at $0.045. The company paid $20,255 in finder fees and issued 560,000 finder warrants.
The proceeds will fund drilling at the Miller Copper-Gold Property's Zone 2 Extension, targeting a 350-metre long EM conductor near the historic Cam Copper Mine. The company plans to drill up to 1,500 metres later this month, exploring potential VMS copper mineralization.
Northstar Gold Corp announces a non-brokered private placement financing for minimum gross proceeds of $800,000 CAD to $1.2 million CAD, including $200,000 in flow-through funds. The offering includes a Critical Minerals flow-through component at $0.045 per unit and a non-flow through component at $0.04 per unit. The first tranche closing of approximately $900,000 CAD is expected by November 8, 2024. Proceeds will fund drilling at the Miller Copper-Gold Property's Zone 2 Extension Conductor, due diligence studies for Boston Creek Mines and Philip Properties, and support Hunan Nonferrous and Novamera MOU studies.
Northstar Gold Corp. (CSE: NSG) (OTCQB: NSGCF) has entered into a Memorandum of Understanding (MOU) with Novamera Inc. to develop and mine a potentially economically viable mineral resource at the Cam Copper Mine site on the Miller Copper-Gold Property in Ontario. The agreement focuses on Surgically Mining™ the copper-rich Zone 2 VMS horizon, which averages 10% copper over a 0.85 metre true width.
The MOU outlines a 4-Stage process to implement Surgical Mining™ over the next 12-18 months, including economic evaluation, mine permitting, and initial mining operations. Novamera will seek financing for the project, offering a non-dilutive approach to advance Northstar's high-grade copper project.
This partnership follows Northstar's recent MOU with Hunan Nonferrous for gold resource development, strengthening the company's position in exploring and developing narrow, high-grade copper zones at Cam Copper and potentially expanding to nearby historic mines.
FAQ
What is the current stock price of Northstar Gold (NSGCF)?
What is the market cap of Northstar Gold (NSGCF)?
