ADZ

Northstar Engages Boart Longyear for Miller Gold Drill Program and Closes Private Placement

Monday, September 13, 2021 - 9:00pm

Northstar Gold Corp. also announces the Company has closed its second and final tranche of its previously announced $2.5 million non-brokered private placement of units ("Units") for gross proceeds of CDN$104,000.

Key Points: 
  • Northstar Gold Corp. also announces the Company has closed its second and final tranche of its previously announced $2.5 million non-brokered private placement of units ("Units") for gross proceeds of CDN$104,000.
  • Northstar drilled 5,023 metres in 28 holes at Miller in 2020, targeting near-surface high-grade and bulk-tonnage gold-telluride mineralization at Miller.
  • Northstar also commissioned a $350,000 property-wide 3D IP, gravity and magnetic geophysics program on the Miller Gold Property in 2020 to further define gold mineralization controls at depth.
  • Northstar recently completed a 1,990 metre Phase IIA follow up diamond drill program at Miller on April 27th, 2021.