Resource World Magazine

Resource World - Feb-Mar 2020 - Vol 18 Issue 2

Issue link: http://resourceworld.uberflip.com/i/1207716

Contents of this Issue

Navigation

Page 41 of 95

42 www.resourceworld.com F E B R U A R Y / M A R C H 2 0 2 0 B rian P. Fowler, President and CEO of recently listed Northstar Gold Corp. [NSG-CSE], spoke enthusiastically in a recent interview about their 100%-owned flagship property – the Miller Gold Project in the Abitibi gold belt of northeast Ontario. Located 18 km south of Kirkland Lake Gold's Macassa South Mine Complex ("our looka - like" said Fowler), the Miller Gold property includes the historic Miller-Independence Mine and is underlain by gold-telluride- bearing syenites and mafic volcanics proven to host significant high-grade gold in the Boston Creek and Kirkland Lake mining districts. Exciting news is that the company is now cashed up after closing its $3 million, $0.30 IPO on December 31, 2019 and has commenced a Phase I exploration program that includes 3,000 metres of drilling at the Miller gold property. Northstar Gold has assembled an accom - plished Board and Management Group led by Brian Fowler, P.Geo., with directors Dr. John Pollock, Greg McKnight, Chuck Main, and Tony Lesiak, with Mike Sutton (Special Advisor), Ontario Prospector of the Year (2006) Award recipient for the discovery of Kirkland Lake Gold's nearby Macassa South Mine Complex (SMC). Northstar founder and local archeologist Dr. John Pollock and his geologist son George were instrumental in developing and permitting the company's exploration property portfolio, including MOUs with local First Nations. The Technical Report for qualifying Northstar summarizes historical work (the Miller Independence gold mine closed in 1935), lists new showings yielding attractive gold grades, and recommends a two-phase $2.2 million exploration program. Fowler said that the Miller Gold Project is "under-explored by mainly shallow underground workings and vertical drill holes," which have "no means to evalu - ate numerous high-grade vertical veins and structures now known to exist on the property". Furthermore, many "obvious structures such as vein junctions, cross structures and intrusion pressure shad - ows" comprise "very compelling" drill targets, even near surface. He continued with a prediction that a "conservative, methodical approach will result in upgrad- ing historical resources to NI 43-101 standards and the discovery of numerous new gold-bearing veins and structures." At the Miller gold property, Archean mafic volcanic rocks were intruded by syndeformational syenite plutons, frac - tured and filled with stockwork quartz veins mineralized with gold and gold tel- lurides. The Catharine Fault transects the Miller gold property and is believed to be analogous in age and style to the Main 04 Break at Kirkland Lake, channeling nearby high-grade gold and gold telluride mineralization at both camps off the main Cadillac-Larder Break. The Miller gold property has two historic resource areas 1.2 km apart. Exploration at the Planet Syenite in the 1940s identified a historic resource of 430,000 oz Au, with a grade of 2.9 g/t Au. Exploration in the 1980s at the Miller Independence Mine led to another his - torical estimate of 270,000 oz Au averaging 11.5 g/t Au. In 2016, Northstar processed a bulk sample from the No.1 Vein yielding 5.1 g/t Au, and produced a 172.5 oz doré gold bar. Recent drill results at Miller Gold by Northstar (2015-2016: 5,846 m in 28 holes) returned multiple encouraging results, including 40.5 g/t Au over 1.0 m and 0.99 g/t Au over 104 metres in the Allied Syenite; 0.57 g/t Au over 147.19 m at Planet Syenite; 11.6 g/t Au over 3.95 metres and 86.6 g/t Au over 0.45 metres in the No.1 Vein (Miller Independence Mine area). Future work by Northstar Gold is expected to confirm the tenor of these results and expand estimated resources. n Photo courtesy Northstar Gold Corp. Northstar Gold lists with Miller Gold Property near Kirkland Lake by Jennifer S. Getsinger, PhD, PGeo. MINING

Articles in this issue

Links on this page

Archives of this issue

view archives of Resource World Magazine - Resource World - Feb-Mar 2020 - Vol 18 Issue 2