Northern Star Announces Further Drill Results From Malartic-Midway Project
posted on
Jun 25, 2009 09:21AM
NSM Currently Under Construction
VAL D'OR, QUEBEC-- Northern Star Mining Corporation (TSX VENTURE:NSM) (Northern Star Mining or the "Company") is pleased to announce further drill results from its surface and underground drill programs.
On its wholly owned Malartic-Midway gold project (16 km west of Val-d'Or, Quebec), drilling was carried out from surface on the Briar zones, and from underground in the Chabela West Zone.
Highlights include 8.25 grams per tonne gold over 7.91 meters in the Briar Zone and 10.52 grams per tonne gold over 18.2 meters from underground in the Chabela West Zone.
BRIAR
Drilling from surface in the Briar Zone, prior to the planned 2009 bulk sampling (mining) from underground in this zone returned:
Core
From To length Grade Rock
HOLE # (m) (m) (m) (g/t Au) Type
183 86.09 94.0 7.91 8.25 Gabbro
Including 86.09 89.84 3.75 17.15 Gabbro
184 99.0 102.76 3.76 8.99 Gabbro
185 112.0 116.0 4.0 12.36 Gabbro
UNDERGROUND CHABELA WEST
Drilling from the Chabela West drift (138 meter level underground) downwards returned the following:
Core
From To length Grade Rock
HOLE # (m) (m) (m) (g/t Au) Type
MU 005 Drift Floor -13.3 meters -13.3 5.31 Gabbro
(-138 meters)
MU 033A Drift Floor -18.2 meter -18.2 10.52 Gabbro
(-138 meters)
DECLINE
The Decline continues to advance, now reaching over 2 km. Preparations for bulk sampling (mining) in the Chabela West zone at the 138 meters level are being finalized, while the bulk sampling (mining) in the Briar Zone at the 200 meter level is under preparation. The decline has now reached the 180 meter level.
"We continue to receive very significant results from our surface and underground drill programs. The confirmation of these results combined with the construction and advancement of our underground access and development program bodes well for the future of our Company," according to Michel David, CEO.
Further results are expected shortly.
MCKENZIE BREAK
Following the option agreement with Britannica Resources (see press release February 23, 2009), Northern Star has been studying the construction of a decline on one of the known gold mineralized structure on this project.
Britannica Resources has released a series of new drill holes. Results include:
Core
From To length Grade
HOLE # (m) (m) (m) (g/t Au)
137 44.8 45.2 0.4 59.400
149.0 150.0 1.0 1.430
165.5 166.5 1.0 3.120
178.0 179.4 1.4 1.460
138 34.8 35.7 0.9 1.045
99.2 100.1 0.9 2.560
173.0 174.0 1.0 5.020
143 33.0 34.0 1.0 9.220
96.9 98.0 1.1 2.250
105.7 106.4 0.7 12.350
117.4 118.1 0.7 1.635
145 31.9 32.9 1.0 43.200
48.2 48.5 0.3 1.760
130.0 130.3 0.3 16.500
142.5 144.0 1.5 2.070
172.0 172.9 0.9 2.010
147 106.3 109.8 3.5 4.403
Including 108.3 109.8 1.5 8.430
129.5 130.0 0.5 8.080
168.5 170.3 1.8 5.954
Including 168.5 169.5 1.0 8.750
178.0 178.8 0.8 3.580
These results are principally centered on zone #4, which is dipping 15 degrees to the northeast. The drilling was conducted to intersect the gold mineralized structure at 90 degrees, therefore the core lengths are fairly close to true width.
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
Jonathan Awde, Vice-president, Corporate Finance
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. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Northern Star Mining Corporation
Jonathan Awde
Vice-president, Corporate Finance
Toll Free: (800) 460-5031 or (819) 825-8088
(819) 825-1199 (FAX)
www.nsmgold.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Source: Marketwire Canada (June 25, 2009 - 9:21 AM EDT)