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Northstar Gold Drilling Update for Miller Gold Property

Mining News - Published on Mon, 12 Oct 2020

Image Source: Northstar Gold Miller Gold Property
Northstar Gold Corp has reported drill results from the last 5 holes of a 5,023 metre, 28 hole Phase I diamond drill program on the Company’s 100%-owned Miller Gold Property, situated 18 km southeast of the town of Kirkland Lake and Kirkland Lake Gold’s Macassa SMC gold mine. The primary objective of the Phase I drill program was to confirm and expand known near surface, Kirkland-style high grade gold/telluride mineralization and portions of a historic estimate within the No. 1 Vein. The Phase I program not only succeeded in expanding the near surface, high-grade gold mineralized zone but it also discovered several additional near surface gold zones (Veins 2, 3 and 4 in the hanging wall of No. 1 Vein, now collectively referred to as the Allied Syenite Gold Zone), highlighting the potential for the delineation of near surface bulk tonnage gold mineralization.

Earlier Phase IA and Phase IB drill results reported by Northstar from the No. 1 Vein and Allied Syenite alkalic intrusive gold system include 18 g/t gold over 3.89 metres (Drill Hole MG20-34), 19.4 g/t Au over 4.4m within 118.5m interval averaging 1.4 g/t Au (Drill Hole MG20-49) and 4.7 g/t Au over 8.0m within a 107.3m interval averaging 1.2 g/t (Drill Hole MG20-47)

The Planet Syenite is located approximately 1.4 km to the northwest of the Allied Syenite, along strike of the central Catharine Fault Zone structure within a high IP chargeability corridor. In late July, early August, 2020, Northstar drilled 4 holes targeting high-grade gold-telluride mineralization, following up previous drill results from the Planet Syenite, a 250 metre elliptical stock intruding mafic volcanic rocks, central to a number of intersecting gold-bearing fault, shear and broad quartz stockwork zones on the Miller Gold Property. Drilling identified a series of stacked silicified zones with quartz veins ranging in apparent width between 0.3m and 1.6m, hosting visible gold and gold tellurides within the syenite intrusion. Phase I drill results are highlighted below and confirm the Planet Syenite warrants additional drilling:

Hole MG20-53 intersected 31.1 g/t Au over 0.7m and 15.1 g/t Au over 0.8m, encompassing a broader silicified zone averaging 1.9 g/t Au over 22.6m between 71.9m and 94.5m; this hole confirms the previous drilling results from MG15-24 in the Planet Syenite which intersected 3.32 g/t Au over 11.55m including 74.9 g/t Au over 0.3m in a similar silicified zone hosting visible gold and gold tellurides in quartz veins.

A new discovery of gold bearing breccia was made in drill hole MG20-54, adjacent to the Allied Syenite at a depth of 245m. This zone averaged 1.7 g/t gold over 5.0m. A complete listing of Phase IB drill results for holes MG20-50 to MG20-54 is provided in Table 1 and supporting maps and sections can be viewed on the Company’s website.

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Posted By : Yogender Pancholi on Mon, 12 Oct 2020
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