NSM's Beacon Gold project (Beacon Mill)

Northern Star Mining  owns a fully operational 900 ton per day gold milling facility, located some 15 km east of the city of Val-d’Or, Québec.

The Beacon Gold Project  consists of a complete cyanidation mill, operational with crushing and grinding circuits, Merrill Crowe filters system, all necessary spare parts, gold pour furnace, and is fully serviced with offices, warehouse, and repair shops. It is located less than 2 km from the Trans Canada Highway and only 28 km form Northern Star Mining's premier property the Marlartic-Midway Project..

The mill was constructed in 1987, at a cost of 35 million CDN, as part of the Beacon Gold mine. In 1991, the mill was acquired by a private company (Jake Resources) who carried out 1.5 million dollars of refurbishment with the goal of carrying out custom milling operations.

In addition to the above, the Beacon Gold Project includes the Beacon Gold mine, consisting of a 1200 feet deep shaft and head frame (Beacon II), two declines, and a 400 feet deep shaft (Beacon I). Exploration, development and mining on the property was limited to depths above the 1200 feet level. The above is contained on two mining concessions and one mining claim.

Northern Star’s geological staff believes that significant potential may exist for gold mineralization below 1200 feet.

The purchase of the Beacon mine and mill complex required a total payment of 6.5 million dollars. Replacement costs of a mill of this capacity are generally of the order of 25-30 million dollars.