Northstar Unveils New Copper Zone at Miller Property: A Game Changer for the Mining Sector
AInvestThursday, Jan 9, 2025 8:41 am ET
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Northstar Gold Corp. (CSE: NSG) has recently completed a 7 hole, 1,465 metre diamond drill program at its 100%-owned Miller Copper-Gold Property, situated 18 kilometres southeast of Kirkland Lake, Ontario. The drill program, conducted between November 23rd and December 12th, 2024, targeted near-surface copper-gold-silver volcanogenic massive sulphide (VMS) mineralization and associated EM, IP, and magnetic geophysical anomalies over a 1,000 metre southeast strike extension of the historic, direct-shipping high-grade Cam Copper Mine. The Company expects to begin reporting preliminary drill results by late January, 2025.



The most significant outcome of the drill program is the discovery of a new 15.76-metre copper zone, 500 metres southeast of the Cam Copper Mine. Drill hole CC-07 intersected near surface, sub-seafloor replacement-style chalcopyrite mineralization in multiple horizons over a core length of 15.76 metres (47.24m to 63m). This new copper zone remains completely open along strike and at depth, presenting a substantial opportunity for further exploration and resource expansion.



The discovery of this new copper zone is attributed to several key geological factors, including the association of gabbro intrusive bodies with copper mineralization, the presence of chalcopyrite mineralization replacing magnetite, and the proximity of the new zone to a historic 3-metre-wide surface trench with massive chalcopyrite and bornite mineralization assaying up to 17.9% copper and 16.2 g/t silver. Additionally, the new copper zone is situated within a 1,000-metre southeast strike extension of the historic, direct-shipping high-grade Cam Copper Mine, where EM, IP, and magnetic geophysical anomalies were targeted.

The discovery of the new copper zone has significant implications for the overall mineral resource potential of the Miller Copper-Gold Property. It extends the known mineralized trend by 500 metres to the southeast, indicating that the mineralization may be more extensive than previously thought. This suggests that there could be additional mineralization along this trend, which could be explored further to potentially increase the overall resource base. The discovery of replacement-style chalcopyrite mineralization in multiple horizons associated with gabbro intrusive contacts adds a new style of copper mineralization to the property, increasing the likelihood of finding additional mineralization. The association of gabbro intrusives with copper mineralization implies that these intrusives could be the likely metal and heat source for much of the observed VMS sulphide mineralization on the property, suggesting that exploring for gabbro intrusives could lead to the discovery of additional mineralization.



The discovery of the new copper zone may also accelerate Northstar Gold Corp.'s exploration timeline. The Company has already planned additional drilling for 2025, and the results from this new zone could lead to an increased focus on copper exploration. The discovery of this new copper zone could contribute to the Company's goal of developing a material (+1M ounce gold / high-grade copper) mineral resource base to support stand-alone mining operations at the Property, potentially supplementing a nearby mining operation or becoming a stand-alone mining operation itself.

In conclusion, the discovery of the new 15.76-metre copper zone at the Miller Copper-Gold Property is a significant development for Northstar Gold Corp. and the mining sector as a whole. The discovery of this new copper zone, along with the associated geological observations, increases the likelihood of finding additional mineralization on the property, enhancing the overall mineral resource potential. The discovery may also accelerate the Company's exploration timeline and contribute to its long-term mining objectives. Investors should closely monitor the Company's progress as it continues to explore and develop the Miller Copper-Gold Property.
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