TSX
Venture SYMBOL: NSM
September
24, 2009
NORTHERN STAR ANNOUNCES FURTHER DRILL RESULTS FROM MALARTIC-MIDWAY
PROJECT
Val d’Or, Quebec, September 24, 2009 – Northern Star Mining Corp. (TSX:NSM) (Northern Star Mining or the “Company”) is pleased to announce further drill results from its surface and underground exploration programs.
On its wholly owned
Malartic-Midway gold project (16km west of Val-d’Or, (
Highlights include 8.02 grams per tonne gold over 7.7 meters from surface in the Midway area and 8.07 grams per tonne gold over 9.0 meters from underground. In addition, lower grade surface porphyry mineralization of the Osisko-Goldex type returned 1.22 grams per tonne gold over 23.1 meters at a depth of approximately 12 meters.
Results include:
SURFACE DRILLING
|
HOLE # |
From (m) |
To (m) |
Core length (m) |
Grade (g/t Au) |
Rock Type |
|
|
|
|
|
|
|
|
189 |
101.8 |
103.0 |
1.2 |
9.7 |
Gabbro |
|
|
107.9 |
110.0 |
2.1 |
6.2 |
Gabbro |
|
|
123.8 |
125.9 |
2.1 |
13.30 |
Gabbro |
|
|
|
|
|
|
|
|
192 |
85.0 |
86.2 |
1.2 |
20.8 |
Gabbro |
|
|
|
|
|
|
|
|
197 |
11.5 |
34.5 |
23.0 |
1.2 |
Porphyry |
|
|
|
|
|
|
|
|
206 |
110.9 |
112.0 |
1.1 |
6.1 |
Gabbro |
|
|
116.0 |
117.0 |
1.0 |
6.9 |
Gabbro |
|
|
124.3 |
129.8 |
5.5 |
8.91 |
Gabbro |
|
|
|
|
|
|
|
|
211 |
116.3 |
124.0 |
7.7 |
8.01 |
Gabbro |
UNDERGROUND CHABELA WEST
Work underground prior to bulk sampling (mining) in Chabela continues. The sublevel and raises are complete, with the remaining long hole blast holes to be completed shortly.
Drill results from the Chabela drift returned:
|
HOLE # |
From (m) |
To (m) |
Core length (m) |
Grade (g/t Au) |
Rock Type |
|
|
|
|
|
|
|
|
03 |
Drift Floor |
|
|
|
|
|
|
5.1 |
12.0 |
6.9 |
5.2 |
Gabbro |
|
|
|
|
|
|
|
|
06 |
Drift W face |
|
|
|
|
|
|
15.4 |
17.3 |
1.9 |
7.15 |
Gabbro |
|
|
|
|
|
|
|
|
012 |
Drift W face |
|
|
|
|
|
|
1.0 |
10.0 |
9.0 |
6.31 |
Gabbro |
|
and |
1.0 |
22.7 |
21.7 |
4.1 |
Gabbro |
|
|
|
|
|
|
|
|
013 |
Drift Floor |
|
|
|
|
|
|
- |
2.0 |
2.0 |
8.52 |
Gabbro |
|
|
|
|
|
|
|
|
014 |
Drift Floor |
|
|
|
|
|
|
- |
9.0 |
9.0 |
4.6 |
Gabbro |
|
|
38.0 |
47.0 |
9.0 |
8.07 |
Gabbro |
DECLINE
To date, the Company has completed over 2.1km of decline construction and has now reached the North Briar Zone area.
The decline has reached and is presently within the North Briar porphyry, where mineralization has been encountered. Visible gold within quartz veins in the porphyry have been intersected in the decline advancement face.
Development to the Briar gold mineralized zone is ongoing.
MCKENZIE BREAK
At the McKenzie Break project, construction of a decline for underground bulk sampling is presently in its start up stages. Initial site clearing and installation has begun with actual decline portal construction planned for November of this year.
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
ON BEHALF OF THE BOARD
“Jonathan Awde”
Jonathan Awde, Vice-president, Corporate Finance
FOR FURTHER
INFORMATION PLEASE CONTACT:
Northern Star Mining Corp. TOLL FREE (800) 460-5031 or (819) 825-8088, (FAX)
(819) 825-1199 Website: www.nsmgold.com
THE TSX VENTURE EXCHANGE
DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.”
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.