Why Invest in Northern Star Mining?
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Excellent opportunity to rapidly expand resource base through aggressive surface and underground drill programs. |
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Excellent infrastructure in place and great logistics. |
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Capital Expenditures largely been spent, excellent surface mining infrastructure and mill in place Every dollar Northern Star spends on Exploration, 42% cash back from Quebec Government. |
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Proven Management team. |
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Updated 43-101 Resource Calculation out in Q1, 2010. |
Expected Milestones in 2009/2010
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New 43-101 Resource Calculation, Q1, 2010. Current gold resource 550,000 oz. plus 330,000 oz. of historical. |
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30,000 to 35,000 meters of delineation and exploration drilling carried out on Midway and Callahan. |
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Finish construction of Gauthier Decline down to the 600 foot level |
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An aggressive underground exploration program has begin in Q1, 2009. |
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100,000 tonne bulk sample by Q1, 2010, moving towards more aggressive development and ramp up. |
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Begin construction of McKenzie Break Decline Q4 2009. |
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Begin construction of second decline Q1 2010 to access near surface porphyrys. |
Areas of Practice
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Milestones & Achievvements
Located one of Canada’s most prolific mining districts, the Abitibi Gold Belt, Quebec. An active mining district with mining infrastructure, local ancillary services and skilled labor in place.
Claims cover the Malartic Goldfields mine, a past producer of 2 million ounces of gold, and are immediately adjacent to Osisko Mining Corporation’s Canadian Malarctic deposit.
2008 – expanded upon prior surface drilling of 50,000 metres, with an additional 30,000 metres.
Owns a fully operational 900-1800-ton-per-day gold milling facility.
The construction of a 1,800 meter decline began in March 2008. In March 2009, the decline had advanced over 930 metres to a depth of 150 metres. The 240 metre Chabela branch of the decline will be extended to reach the “L” zone discovery.
In December 2008, NSM announced the discovery of the “L” zone. This Discovery increases the potential of the Malartic-Midway project and demonstrates the potential of bonanza-type, high-grade gold intersection.
Northern Star has budgeted approximately 12 million dollars for exploration for 2009. The Company will continue exploration of its other gold projects; including continuation of the drill program on the Piché-Harvey projects, and on the Callahan project, as well the evaluation of the Beacon gold project (Beacon Mill).
Breaking and Updated Cases
Keep up to date with the latest Northern Star Mining new and press releases. link to the latest news
Find out about the latest developments by viewing Northern Star's latest presentations. link to latest presentation
Keep up to date market developments and with Northern Star Minig share price. link to TSX NSM.V stock quote
About Corless Associates
Northern Star Mining Corporation (NSM-TSX) is an advanced stage company engaged in the acquisition, exploration and development of mineral properties in the Province of Quebec, Canada. The Company is a reporting issuer in British Columbia, Alberta and Quebec, and trades on the TSX Venture Exchange under the symbol NSM.
Northern Star Mining Corporation’s principal project, the Midway property, is an advanced gold project located in the heart of the renowned and prolific Abitibi Gold Belt of Northwestern Quebec, Canada. The Midway project straddles the productive Cadillac tectonic break, associated with most of the gold and base metals’ deposits of the Abitibi mining camp. Total gold produced in the Abitibi camp to date is in excess of 60 million ounces.
More about NSM