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 Corp. announces a non-brokered private placement financing for minimum aggregate proceeds of $1,000,000 CAD.
The financing includes a Critical Minerals flow-through component, aiming for $600,000 CAD, and a non-flow-through component targeting $400,000 CAD. Each flow-through unit is priced at $0.05 and includes one flow-through share and a half warrant; each non-flow-through unit is priced at $0.045 and includes one share and a full warrant.
Proceeds will fund critical minerals exploration, including diamond drilling on the Miller Copper-Gold Property, due diligence on neighboring properties, and general working capital.
The Offering closes in tranches starting early July, pending necessary approvals. The Company may pay finder's fees up to 7%.
Northstar Gold Corp. (CSE: NSG, OTC PINK: NSGCF) announced a Letter of Intent (LOI) to acquire the 64-hectare Philip Property, adjacent to its Miller Copper-Gold Property. This move supplements a previous LOI for the Boston Creek Mines Property, consolidating their strategy along the Boston Creek Copper Trend. Both LOIs include a 6-month exclusivity period for due diligence.
Recent EM surveys identified three conductors on the Miller Property, extending to the Philip Property. Notably, the 350-meter long Zone 2 Extension Conductor, showing potential for a significant VMS deposit, will be drill-tested this summer. RM Geoscience’s plate modeling suggests further exploration of the Philip Property's EM conductors. Northstar plans geological mapping, sampling, and a Phase II diamond drill program in the spring of 2024.
Northstar Gold Corp. (NSG, NSGCF) has completed electromagnetic (EM) and borehole surveys at its Miller Copper-Gold Property, revealing a significant near-surface conductor southeast of the Cam Copper Mine in Ontario. This 350-meter Zone 2 Extension Conductor, with a conductance of 200 Siemens, suggests the presence of massive sulphide mineralization similar to Cam Copper Mine Zone 2 but potentially thicker. Additionally, Northstar signed a Letter of Intent to acquire Boston Creek Mines Property, adjacent to their current holdings. The company plans to drill test the new EM conductor this summer and continue exploration activities in 2024.
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