Northstar Gold says it has identified two significant structures and five anomalies at its Rosegrove property

Northstar Gold says it has identified two significant structures and five anomalies at its Rosegrove property

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Northstar Gold Corp said a recently completed airborne magnetic survey at the 1,200-hectare Rosegrove Property, near the town of Kirkland Lake in Ontario, has identified two significant structures and five anomalies consistent with possible syenitic intrusions.  The reconnaissance was conducted by Abitibi Geophysics, which noted in its report, that two shear zones and a few faults had been discovered, and may play a key role in the control of gold mineralization.  The summary went on to state: “Two distinctive low magnetic corridors (RZ-LC-01, RZ-LC-02) striking northwest were identified in the center and northeast of the study grid. The largest corridor (RZ-LC-01) exceeding 250 meters (m) in width is interpreted as a shear zone; the known Pacaud Fault appears to follow this corridor." READ: Northstar Gold to raise up to C$2.5 million to fund exploration at its Ontario gold properties The Pacaud Fault, which is near to the former producing Barry-Hollinger gold mine, strikes parallel to the Catharine Fault on the nearby Miller property and could represent another first-order regional structure.  Northstar also pointed out the newly identified shear zone (RZ-LC-02) located 500m southwest of the Pacaud Fault, has not seen any recorded exploration to date. Numerous west-northwest and northeast striking cross structures were also interpreted from the survey data. In addition to the two structures, five negative elliptical to ring-shaped magnetic anomalies (RZ-03 to RZ-07) were also detected in different areas of the survey grid. The gold explorer will follow the airborne survey up with comprehensive surface mapping, sampling and a prospecting program will be conducted on the Rosegrove property. Northstar also provided an update on the ongoing work at its flagship Miller project, which is in close proximity to the Rosegrove project. Between March 15th - April 27th, 2021, the precious metals company drilled 1,990m (8 holes) as part of a Phase IIA program. This work is a follow-up to the 2020 near-surface bulk-tonnage Allied Syenite Gold Zone discovery (two holes), near-surface confirmation drilling of the historic gold-telluride No. 1 Vein (two holes) and four holes targeting geophysical and machine learning anomalies. According to the company, mineralized intercepts were obtained in all eight Phase IIA drill holes. In late May, Northstar announced partial results from drill hole MG21-56 in the Allied Syenite Gold Zone that included 6.6 grams per ton (g/t) gold over 117m between 14m and 131m encompassing the Veins 1 - 4 zones, including 175 g/t gold over 0.6m between 14m and 14.6m, 24.9 g/t gold over 1.5m between 43m and 44.5m, and 1,170 g/t gold over 0.5m between 69.5m and 70m depth in drill hole MG21-56 within the Allied Syenite. Unfortunately, Northstar is experiencing significant assay lab reporting issues and delays that it hopes will be resolved in the very near term. Moving ahead, the company will conduct surface stripping in multiple areas of the Miller Gold property to provide for geological mapping and additional sampling, including in the vicinity of the Allied Syenite, where visible gold and gold tellurides have been observed on surface. There are also plans to resume drilling at the Miller Gold property later this summer, with a planned 4,600m, Phase IIB drill program to expand the recently discovered Allied Syenite Gold Zone, test several 3D IP geophysical anomalies and expand and confirm the No. 1 Vein historic estimate on the Miller Gold property and recently acquired Searles property. Contact the writer at georgia@proactiveinvestors.com Follow her on Twitter @MissInformd

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