Northern Star Announces New Gold Discovery
February 11 2010 - 7:41AM
Marketwired Canada
Northern Star Mining Corp. (TSX VENTURE:NSM)(OTCQX:NSMSF) (Northern Star Mining
or the "Company") is pleased to announce that it has made a new gold discovery
from underground drilling at its wholly owned Malartic-Midway gold project,
located 16km from Val-d'Or, Quebec, next to the Canadian Malartic gold discovery
of Osisko Mining Corporation.
Drilling from the end of the 225W drift, which is an exploration drift into the
Briar porphyry, discovered a new gold gabbro zone with significant gold
mineralization. The drill hole returned 11.34g/t AU over 9.23m.
A drill hole from the 15W drift designed to explore targets some 150 meters
below the first level underground also discovered gold mineralization of
18.21g/t over 2.6 meters.
Core
length Grade
HOLE # From (m) To (m) (m) (g/t Au) Rock Type
MU 225W-2
Drift face (end) 2.0 11.23 9.23 11.34 Gabbro
Including 6.4 7.4 1.0 59.54 Gabbro
MU 15W-06
(down) 156.9 159.5 2.6 18.21 Gabbro
Eugene Gauthier, Ing (OIQ), acts as the qualified person of the Company and has
reviewed the contents of the news release. The diamond drilling and exploration
programs are being carried out under the direct supervision of Eugene Gauthier,
Ing (OIQ). The Company is maintaining strict standards for QA (quality
assurance) and QC (quality control); by keeping under lock all drill cores,
rejects and pulps for further testing. Samples were sent to ALS Chemex and
Techni-Lab labs in Val d'Or, Quebec. High grade assays intersections were
subject to total gold metallic sieve method in addition to the standard fire
assay and AA finish.
ON BEHALF OF THE BOARD
Michel David, President
This press release contains certain "Forward-Looking Statements" within the
meaning of Section 21E of the United States Security Exchange Act of 1934, and
involves a number of risks and uncertainties. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with the TSX
Venture Exchange and the British Columbia Securities Commission. All statements,
other than of historical fact, included herein are forward-looking statements
that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements.
Northern Star Mining Corp. (TSXV:NSM)
Historical Stock Chart
From Jul 2024 to Aug 2024
Northern Star Mining Corp. (TSXV:NSM)
Historical Stock Chart
From Aug 2023 to Aug 2024