Northstar Gold Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Northstar Gold Corp
Perm ID: 1-5068477483
https://northstargoldcorp.com/
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Northstar Drills +500 Metre Conductive Stratiform Sulphide-Gold Horizon at Miller Copper-Gold Property
Northstar Gold Corp. announced partial results from its diamond drill program at the Miller Copper-Gold Property. Drilling revealed significant stratiform gold-sulphide horizons, with promising gold and zinc concentrations, indicating potential for further exploration.
Northstar Completes Diamond Drill Program at Miller Copper-Gold Property New 15.76 Metre Copper Zone Discovery
Northstar Gold Corp. has completed a 1,465 metre diamond drill program at its Miller Copper-Gold Property, targeting VMS mineralization. A new copper zone was discovered 500 metres southeast of the Cam Copper Mine, with preliminary results expected by late January 2025.
Northstar Closes 2nd Tranche of Private Placement, Continues Diamond Drilling and Postpones Annual General Meeting Due to Canadian Postal Strike
Northstar Gold Corp. has closed the second tranche of a non-brokered private placement, raising $169,300 from 4.12 million units. This adds to previous funding for a total of $988,050, aimed at supporting the ongoing drill program at the Cam Copper Mine.
Northstar Commences Diamond Drilling at Miller Copper-Gold Property
Northstar Gold Corp. has begun diamond drilling at its 100%-owned Miller Copper-Gold Property in Ontario. The company has hired Wiijiiwaagan Drilling Limited Partnership to complete a 1,500 metre drill program by the end of the year. The drilling targets copper-gold-silver sulphide mineralization along a recently defined conductor anomaly. Northstar has already intersected high-grade copper horizons at the site. This drilling was made possible by strategic investor support and a recent private placement that raised over $800,000. The company is planning to close a second tranche soon.
Northstar Gold Corp. Closes First Tranche of Private Placement; Miller Property Zone 2 Extension Drilling to Commence Late November
Northstar Gold Corp. has successfully closed the first tranche of its non-brokered private placement, raising $818,750 through the sale of 14.9 million Hard Dollar Units and 4.95 million Critical Minerals Eligible Flow Through Units. The company plans to close a second tranche soon. Each unit includes a common share of the company and a share purchase warrant. The company also paid $20,255 in finder fees and issued 560,000 finder warrants. The sale is viewed as an endorsement of the company's exploration and development initiatives and growth potential. Northstar is currently shortlisting bids for drilling up to 1,500 meters targeting copper mineralization.
Northstar Announces Non-Brokered Private Placement
Northstar Gold Corp. has announced a non-brokered private placement financing offering aiming at gross proceeds between $800,000 CAD and $1.2 million CAD. The offering includes a Critical Minerals flow-through component and a non-flow through component, with the first tranche of approximately $900,000 CAD set to close on or before November 8, 2024. The offering is subject to conditions including necessary approvals from the Canadian Securities Exchange. Management reserves the right to amend the allocation of both components.
