Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company“), reports that machine learning stochastic cluster analysis and final 3D inversions by GoldSpot Discoveries Corp. (GoldSpot) on a 2020, 5 km2 gravity and magnetic geophysical survey dataset has identified multiple anomalies with the same signature as known gold-bearing syenites on the Miller Gold Property (Figure 1).
Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company“), announces the Company has closed the first tranche of its previously announced $2.7 million non-brokered private placement of units (“Units“) for gross proceeds of CDN$2,415,575 (the “Offering“).
Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company“) reports the Company has acquired by way of purchase agreement the Rosegrove Property, situated 16 km south of the town of Kirkland Lake and Kirkland Lake Gold’s Macassa SMC gold mine, and 1.5 kilometres northwest of Northstar’s flagship Miller Gold Property, where the Company recently completed a 5,023 metre, 28 hole diamond drill program targeting near-surface high-grade and bulk-tonnage gold-telluride mineralization. The purchase price is $10,000 (Cdn.) and the issuance of 50,000 common shares of Northstar.