Northstar Gold Corp : Northstar Closes First Tranche of Private Placement
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Northstar Gold Corp : Northstar Announces Non-Brokered Private Placement
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Press Release - MINING COM
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Northstar Gold has announced the Company has signed an Option Agreement to acquire 100 per cent interest in the 64 hectare Searles Patent situated 18 km southeast of Kirkland Lake.
The Searles property represents a portion of a historical resource estimate (1987) of 0.73Mt grading 11.5 g/t Au (for a total of 270,000 contained ounces of gold) on the number one vein of the Miller Independence Mine. The historical resource estimate straddles both the Searles Property and Northstar’s adjoining Miller Gold Property to the west and this agreement consolidates Northstar’s control of the entire historical resource estimate area.
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