Northstar Gold (CSE: NSG) has seen success in a small 720 metre drill campaign that it conducted at its Miller Copper-Gold property, with drilling occurring at the historic Cam Copper Mine. The property is found southeast of Kirkland Lake, Ontario.
Drilling consisted of four holes, all of which are said to have intersected lenses of copper rich volcagenic massive sulphides. The mine itself is said to be on a high grade Besshi-type VMS system, which is part of the Boston Creek Copper Trend. Highlights from the results include:
- CC01-23: 3.12% copper over 3.6 metres from 25.0 metres, 12.71% copper over 0.75 metres from 107 metres, 5.91% copper over 1.5 metres from 135.0 metres
- CC02-23: 8.17% copper over 1.5 metres from 178.0 metres, 2.77% copper over 0.5 metres from 224.2 metres
- CC03-23: 14.78% copper over 2.45 metres from 116.55 metres
- CC04-23: 4.72% copper over 1.95 metres from 106.8 metres
All four holes intersected mineralization in what Northstar refers to as Zone 2, with the company suggesting it may be in close proximity to a nearby seafloor hydrothermal vent in a spot that hasn’t previously been drill tested. As a result the company believes there is a possibility for significant vertical and down plunge expansion potential of Zone 2 to the southeast.
Expansion of Zone 2 is the current priority for Northstar, with a potential Phase 2 drill program set to target the down plunge extension of mineralized zones. Surface and borehole geophysics is also planned to survey both the mine site area and the Boston Creek Copper Trend along strike.
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Northstar Gold last traded at $0.035 on the CSE.
Information for this briefing was found via Sedar and sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
