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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“), announces a non-brokered private placement financing (the “Offering“) for aggregate proceeds of up to $2,700,000.
Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company“), reports that final 3D inversions of a 5 km2 DIAS32 3D I.P geophysical survey has identified multiple low-resistivity and high-chargeability anomalies extending from recently discovered near-surface syenite intrusion-related gold mineralization at the Miller Gold Property, situated 18 km southeast of Kirkland Lake and Kirkland Lake Gold’s Macassa SMC gold mine (Figure 1). Discrete, linear low-resistivity and broader chargeability anomalies may represent faulted hydrothermal conduit structures and pervasive, gold-bearing alteration, respectively, spatially related to the Allied and Planet syenite stocks.
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.
Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company“), reports 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.
Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce initial results from the ongoing winter drilling campaign at the Gladiator Gold Deposit, including an intersection of 16.9 g/t Au over 6.5 m. High-grade intersections from four recent drill holes continue to demonstrate the continuity of the deposit and once again highlight the predictability of the mineralized zones with increased drilling density. The ongoing drilling campaign, totaling 70,000 m in 2018, includes infill and definition drilling at the Gladiator Gold Deposit. Five active drill rigs are currently focused to support the timing and completion of an updated mineral resource estimate in the second half of 2018.
Canadian Gold Miner Corp. (“CGM” or the “Company”) and Transition Metals Corp. (a 40% owner of CGM; XTM – TSX.V, “Transition”) are pleased to announce that CGM has today concluded a transaction with Osisko Mining Inc. (“Osisko”) to acquire the DeSantis property, a historical gold producer located in the heart of the Timmins Gold Camp, and an option on the Catharine Property, a large exploration land package near CGM’s focus area south of Kirkland Lake, Ontario in exchange for 2.5 million common shares of CGM valued at $0.20 per share. Concurrent with the transaction, Osisko also has completed a $1.0 million private placement in CGM consisting 5.0 million units priced at $0.20 with each unit consisting of a common share and a half common share purchase warrant exercisable at $0.35 for a period of two years.
Canadian Gold Miner Corp. (“CGM” or the “Company”) and Transition Metals Corp. (XTM – TSX.V, “Transition”) together announce that CGM has entered into a non-binding letter of intent with Osisko Mining Inc. (OSK – TSX, “Osisko”) whereby, subject to the execution of definitive agreements on terms acceptable to the parties, Osisko would assign its ownership interest in two exploration stage properties to CGM in exchange for stock of CGM. In addition, Osisko would provide financing to CGM, on a private placement basis, in the amount of $1.0 million in exchange for stock of CGM. Once completed, the transaction is expected to result in Osisko owning approximately 19.9% of the issued and outstanding common shares of CGM. The properties to be assigned to CGM include the DeSantis property, a historical gold producer located in the heart of the Timmins Gold Camp, and the Catherine Property, a large exploration land package near CGM’s focus area south of Kirkland Lake, Ontario.
Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce that the ongoing resource development program in and around the Gladiator Gold Deposit has successfully further extended the Main, Footwall and North Zones by increasing the strike and depth by up to 300 m depth to the known mineralized horizons. Results from six recent drill holes significantly expand the size and confirm the continuity of the Gladiator Gold Deposit.