Northern Lights Increases Secret Pass Land by 30%
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce it has increased the total leased mineral claim area at Secret Pass project in Mohave County, Arizona by 30%.
The Company has completed the registration of 32 new mineral claims with the US Bureau of Land Management comprising 260 hectares. The additional claims increase the area of the Secret Pass Project to approximately 1,128 hectares.
Northern Lights CEO, Jason Bahnsen, commented “The staking of these additional claims at Secret Pass significantly increase the project area and secures highly prospective ground where there are numerous historic workings and high grade rock samples. We have included this new zone in the close spaced soil sampling program currently underway at Secret Pass.”
Figure 1 – Secret Pass Mineral Claims
The northwestern claims that have been staked are underlain by Precambrian age granitic gneiss which is intruded by a large Tertiary age rhyolite dome complex that contains roof pendants of andesitic volcanics. The northwest trending Frisco Mine Fault, which hosts the Tin Cup and FM gold zones to the southeast, transects this claim group. The fault zone is strongly altered and contains historical evidence of small scale mining. Limited rock sampling at the Sam’s Ridge prospect returned gold assays ranging up to 6 g/t.
The southeastern claims that have been staked are underlain by a northwest trending sequence of Precambrian age granitic gneiss that is intruded by a Tertiary age felsic dykes. Numerous shallow shafts and surface workings form two subparallel vein systems locally designated as the Victoria gold trend. No surface rock sampling was undertaken in this area.
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
Tel: +1 604 773 0242
- Published in Northern Lights Resources
Project Exploration Update
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce an update on the Company’s exploration activities at the Secret Pass Gold Project in Arizona and the Medicine Springs Silver Project in Nevada.
Secret Pass Gold Project
At Secret Pass, Northern Lights has completed 4 drill holes (2 holes at the Fiery Squid Prospect, 1 hole at the 9 Second Shaft Prospect, 1 Hole at the Fluorspar Ridge Prospect) for a total of 600 metres of HQ core (see Figure 1). The assays are pending and are expected to be completed during July.
Permits are in place to drill at Tin Cup. Drilling at Tin Cup has been put on hold for a couple of weeks during the current period of extremely hot weather in Arizona and Nevada with temperatures averaging +40 degrees celsius. Drilling at Tin Cup is to commence in mid-July.
Medicine Spring Silver Project – JV with Reyna Silver Corp
Northern Lights is exploring the Medicine Springs Project in joint venture with Reyna Silver Corp. (TSX.V: RSLV) with Reyna having the option to acquire 75% of the project by completing total exploration expenditures of US$4 million. Reyna Silver is acting as the operator for the project exploration work under the guidance of Dr. Peter Megaw. (See October 5, 2020 announcement for complete terms of the Option/Joint Venture agreement with Reyna Silver.)
Work is underway at Medicine Springs with a Lidar type mapping survey and sampling programs to be completed in July / August over the total expanded project claim area (approximately 4,830 Hectares – 573 mineral claims). This district-scale mapping and sampling program will be used to generate drill targets for identifying the large-scale silver-zinc-lead anomalies identified by Northern Lights exploration work completed from 2018 to 2020. (see Figure 2)
Reyna Silver has produced an updated and expanded video taken at the Medicine Springs Project in May 2020. In the video, Dr. Peter Megaw outlines the large-scale potential of the mineralization system at Medicine Springs and the strategy for exploring the project with the target to confirm future drill targets as soon as possible. (see Medicine Springs – Dr. Peter Megaw June 2021 ).
Figure 1 -Secret Pass Project Drill Hole Locations
Figure 2 – Medicine Springs Project Mineral Claims
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where Northern Lights are in joint venture with Reyna Silver Corp (TSX.V “RSLV”), (25% Northern Lights / 75% Reyna Silver).
Northern Lights Resources trades under the ticker of “NLR” on the CSE exchange and “NLRCF” on the OTCQB exchange. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
- Published in Northern Lights Resources
Medicine Springs JV – Project Expansion and Exploration Update
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce a significant expansion to the claim base and the commencement of exploration work at the Medicine Springs Project located in Elko County, Nevada, that the Company is exploring in joint venture with Reyna Silver Corp. (“Reyna Silver”), (TSX.V:RSVL).
Under the terms of the Medicine Springs Option and Joint Venture Agreement, announced October 5, 2021, Reyna Silver will earn a 75% interest in the Medicine Springs Project (“Medicine Springs” or the “JV Project”) by fulfilling various commitments including completing exploration work commitments totalling US$2.4 million. Reyna may acquire an additional 5% in Medicine Springs by paying Northern Lights US$1.0 million. Under the terms of the Joint Venture, Reyna Silver is responsible for the first US$4.0 million of exploration expenditures, then both Reyna Silver and Northern Lights will contribute to expenditures on a pro-rata equity basis.
In early May, Reyna Silver CEO Jorge Ramiro Monroy, Dr. Peter Megaw and NLR geologist, Dr. Bill Tafuri spent several days at the Medicine Springs site finalizing the 2021 exploration plan for the project. Please see the the link to a presentation by Dr Peter Megaw while on site at Medicine Springs (“Peter Megaw – Medicine Springs“).
To capture the total limits of the recognized mineralization and alteration system observed at Medicine Springs, Reyna Silver has aggressively staked additional mineral claims contiguous with the original Medicine Springs 1,189 hectare (149 claims) project claim boundaries. A total of 450 new unpatented Federal mineral claims have been added to the JV Project area increasing the total land position to 4,831 hectares (599 claims), an increase of over 300%. (Under the terms of the joint venture with Reyna Silver, any land acquired within a 5-mile radius of the original Medicine Springs mineral claims is included within the JV Project area.) See Figure 1 – Medicine Springs Joint Venture Mineral Claims.
The 2021 exploration plan for the JV Project includes:
- The orientation sampling phase is complete (assays pending)
- A property wide Lidar-like survey is being flown this week. This will facilitate mapping and identify target areas for sampling.
- A systematic property-wide mapping and selective jasperoid sampling program to determine the limits of the alteration system and where its center (or centers) are located.
- Potential additional Magnetic and NSAMT geophysics for drill targeting.
The exploration program builds on geological studies completed by Northern Lights and indicates that there are several mineralization centers in the district developed along strong NE-SW structures reflected by topography and marked by Carbonate Replacement Deposit (“CRD”) style jasperoid alteration. Reyna interprets the known mineralization and alteration as “leakage” from more concentrated mineralization at depth and intends to trace the system to depth by outlining and following the system’s structural “plumbing” network.
“Jasperoids are an important alteration style marking the limits of major CRD systems, so finding them well outside of our initial Medicine Springs property package means the system is larger than we thought and triggered tripling our property holdings–we are comfortable we now cover the whole thing”, stated Dr. Peter Megaw, Technical Advisor to Reyna Silver. “We look forward to defining drill targets quickly by building on Northern Lights excellent work through our expanded district-scale mapping and sampling approach”.
Northern Lights CEO, Jason Bahnsen, commented “We are delighted to work with the excellent team at Reyna Silver to build on the 2+ years of exploration work completed by Northern Lights which led to the identification of CRD mineralization on the project. The recent staking has inceased the project size by over 300%, creating a district scale project with significant potential.”
Figure 1 – Medicine Springs Joint Venture Mineral Claims(For enhanced image click here)
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where Northern Lights are in joint venture with Reyna Silver Corp (TSX.V “RSLV”), (25% Northern Lights / 75% Reyna Silver).
Northern Lights Resources trades under the ticker of “NLR” on the CSE exchange and “NLRCF” on the OTCQB exchange. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
About Reyna Silver
Reyna Silver Corp. is a silver exploration company with a robust portfolio of silver assets in Mexico and the US. The Company was built around the Guigui and Batopilas Projects, which formed part of MAG Silver’s original IPO portfolio. It is also actively exploring the Medicine Springs project in Nevada, another CRD target and the La Reyna Project in Chihuahua, an epithermal vein project in the historic Cusihuriachic district. Reyna’s strategy centers around leveraging its expertise in Mexico and elsewhere to explore projects that have the potential for high-grade, district-scale discoveries.
- Published in Mining, News Home, Northern Lights Resources
Northern Lights Receives Permit to Drill Tin Cup Prospect at Secret Pass
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce that it has received approval from the Arizona State Land Department ( the “ASLD”) to commence drilling at the Tin Cup Prospect at the Company’s Secret Pass Gold Project (“Secret Pass”) in Mohave County, Arizona.
Northern Lights began drilling at Secret Pass on April 15 and is now completing the 4rth drill hole (total approximately 600 metres) out of the total 22 permitted drill holes located on mineral claims registered with the US Bureau of Land Management (the “BLM”). The prospects drilled included Fiery Squid, Nine Second Shaft and Fluorspar Ridge locations. (See Figure 1) All drill core has been split and sent to Skyline Laboratories in Tucson, assays are pending.
CEO, Jason Bahnsen, commented “Historic RC drilling at Tin Cup in the 1980s intersected steeply angled veins with grades up to 40 grams per tonne gold. We are excited to begin drilling at Tin Cup where we plan to confirm the previous high-grade RC results with large diameter HQ diamond core drilling and test the system to a depth of approximately 350 metres, well below the maximum historic drilling depth of 180 metres. We are completing drilling at the Fluorspar Ridge Prospect and will immediately move the drill to the Tin Cup Prospect to begin the planned 7-hole program.”
Seven exploration drill holes have been approved at the Tin Cup Prospect (total 1,350 metres planned) The initial drill program at Tin Cup is planned to confirm high-grade mineralization from historic drilling and to test the down plunge extension of the mineralization to a depth of approximately 350 metres below the surface.
Table 1 – Planned Drill Holes at Tin Cup Prospect
Hole No. | Location | Azimuth (o) | Dip (o) | Length (m) |
TC01 | Tin Cup | 310 | -50 | 250 |
TC02 | Tin Cup | 220 | -45 | 175 |
TC03 | Tin Cup | 220 | -55 | 225 |
TC04 | Tin Cup | 220 | -65 | 400 |
TC05 | Tin Cup | 040 | -60 | 100 |
TC06 – F2 | Tin Cup | 180 | -45 | 100 |
TC07 – F2 | Tin Cup | 100 | ||
Total | 1,350 |
Tin Cup Zone
Records show that there was an historic small scale open pit and underground mine located at Tin Cup. The mine reportedly produced several hundred tons of mineralized materialgrading 15 g/t to 31 g/t of gold. Historic workings, from approximately 1918 to the early 1930’s, included an open pit and an inclined shaft to a depth of 21 metres (70 ft) with minorunderground level workings.
During the period from 1984 to 1991, a total of 145 drill holes (predominately reverse circulation drilling) were drilled at Tin Cup with a number of holes intersecting high grade gold mineralization. The historic drilling had an average depth of approximately 95 metres and a maximum depth of 180 metres.
The Tin Cup Gold Zone is localized along the steeply northeast-dipping Frisco Mine
Fault. The gold mineralization is hosted by Tertiary andesite and associated with the
margins of rhyolite dykes that occur as lenses within the Frisco Mine Fault. A few of the
deepest historic drill holes intersect gold mineralization in the Proterozoic basement granite.
The mineralized zone at Tin Cup has a strike length of approximately 245 metres to drill-indicated depth of 180 metres and is open along strike and depth. Higher grademineralization (greater than 10 g/t Au), is localized in narrow sub-vertical structures developed within broader zones of lower grade mineralization ranging up to 86 metres in width. The mineralization plunges to the northwest at 50 degrees. Surface oxidation is variable extending to a maximum depth of up to120 metres based on historical drilling. Selected historic intersections are summarized in Table 2.
Table 2 – Selected Historic Drill Results at Tin Cup Zone
Hole No. | Year | Type | Depth (m) | Interval (m) | Width (m) | Au g/t |
TC-01 | 1984 | RC | 52 | 22.9-30.5 | 7.6 | 7.6 |
21.2-51.5 | 30.3 | 2.9 | ||||
TC-10 | 1985 | RC | 176 | 89.9-121.9 | 32 | 13.6 |
including | 1.5 | 40.4 | ||||
including | 12.2 | 20.8 | ||||
TC-15 | 1985 | RC | 146 | 111.2-115.8 | 4.6 | 13.1 |
TC-30 | 1986 | RC | 150 | 63.3-150 | 86.7 | 4.1 |
including | 9.1 | 17.7 | ||||
TC-32 | 1986 | RC | 90 | 18.8-69.7 | 50.9 | 2.7 |
TC-11 | 1987 | RC | 90.9 | 46.9-90.9 | 44 | 2.8 |
TC-14 | 1986 | RC | 121 | 90.9-121.9 | 31 | 5.8 |
Note: These results are historical in nature and a Qualified Person has not done sufficient work to verify these previous drilling results. Previously released on October 28, 2020.
Figure 1 -Secret Pass Project Drill Hole Locations
Figure 2 – Tin Cup Prospect Cross-Section Model
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where Northern Lights, in joint venture with Reyna Silver are earning 100% ownership. Northern Lights Resources is a member of the Arizona Mining Association.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
- Published in News Home, Northern Lights Resources
Northern Lights Starts Drilling At Secret Pass
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce that drilling has begun at its Secret Pass Project in Mohave County, Arizona.
The diamond core drill from Altar Drilling was mobilized to the Fiery Squid drill site on Monday, April 13 and is now set up to commence drilling.
Photo – Diamond drill being setup at Fiery Squid (Drill hole FS02, azimuth 220degrees, dip 45 degrees, planned depth 100 metres)
The Phase 1 drill program, previously announced on March 31, 2020, will focus on two previously unexplored prospects at Fiery Squid and The Tentacles and the historic mine area at Tin Cup (see Table 1 and Figure 1).
Table 1 – Secret Pass Phase 1 Drill Program
Figure 1 -Secret Pass Project Drill Hole Locations
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where Northern Lights, in joint venture with Reyna Silver are earning 100% ownership.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
- Published in News Home, Northern Lights Resources
Northern Lights Assays 30.6 g/t Gold Surface Sample at Secret Pass Gold Project in Arizona
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce the results from a stream sampling program at Secret Pass Gold Project in Mohave County, Arizona.
Northern Lights completed a property-wide stream sampling program comprising 196 stream sediment and 196 panned concentrate samples. With reference to Figures 1 and 2, the anomalous assays define 3 areas centred on the Fiery Squid, Tin Cup, and Lion’s Paw prospects. In total, 35 samples returned assay gold grades above 0.2 g/t, including assays of 30.6 g/t and 6.7 g/t collected downstream from the Tentacles and Fiery Squid prospects. Drilling is planned to commence immediately at Tentacles and Fiery Squid.
CEO Jason Bahnsen, commented “The sampling results highlight the excellent gold potential at the Secret Pass Project. Assay results are strongly anomalous, with individual panned concentrate samples with gold grades of up to 30.6 g/t. We are preparing the drill access roads at Fiery Squid and the Tentacles prospects with the drilling contractor currently mobilizing equipment to the project site.”
As illustrated on Figures 1 and 2, the sample assays define three anomalous areas which exhibit a good correlation between stream sediment and panned concentrate assays. Anomaly A displays a close association with the Frisco Mine Fault and can be traced along a northwest trend for approximately 2,000 meters. The area is underlain by strongly altered andesite volcanics and includes the Tin Cup and FM gold prospects. Anomaly B is located downstream from an area of intense sericite-quartz-FeOx alteration and is associated with a rhyolitic dyke swarm intruding andesite volcanics. The anomalous area measures 700 x 800 meters and includes The Fiery Squid and Tentacles prospects. Anomaly C covers an area of extensive shafts and adits and includes Lion’s Paw, Travertine Gulch, Fluorspar Ridge, and Second Shaft prospects. The underlying geology and alteration is similar to the Fiery Squid and Tentacles prospects and comprises an area of 600 x 700 meters.
All samples were collected by Mr. Paul Q. Warren (CPG, QP), who maintained the chain of custody until delivery of the samples to ALS Laboratory in Tuscon, Arizona (“ALS”) and MS Analytical Laboratories in Vancouver, Canada (“MSA”). ALS and MSA are accredited to the ISO 9001 standard for gold assays, and all analytical methods include quality control materials at set frequencies with established data acceptance criteria.
Quality Control and Quality Assurance (QA/QC) measures for this sampling program were internally implemented by MS Laboratories and included blanks, duplicates, and OREAS standards 24b, 601.
The 196 pan concentrate samples were prepared by pulverizing 250-gram samples to 85% passing <75 um. The 196 stream sediment samples sieved 200 um. Analysis for gold, platinum, and palladium was completed using a 30-gram fire assay fusion with ICP-ES finish (FAS 111) with a lower limit of 2 parts per billion for gold and an upper limit of 10,000 ppb. Samples with gold assays greater than 10,000 ppb are reanalyzed using a 50-gram fire assay fusion with a gravimetric finish. All samples also were analyzed using a 36-multi elemental geochemical package (AQ300). Sample splits of 0.5 g were leached in hot Aqua Regia and analyzed by ICP-ES with analytical results reported in ppm and ppb levels.
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County, Nevada, where Northern Lights, in joint venture with Reyna Silver are earning 100% ownership.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
Figure 1 -Secret Pass Pan Concentrate Samples Results
View Larger Image Here
Figure 2 -Secret Pass Stream Sediment Sample Results
View Larger Image Here
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the terms and conditions of the proposed private placement; use of funds, the business, and operations of the Company after the proposed closing of the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political, and social uncertainties; delay or failure to receive board, shareholder, or regulatory approvals; and the uncertainties surrounding the mineral exploration industry. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
SOURCE: Northern Lights Resources Corp.
View source version on accesswire.com:
https://www.accesswire.com/639051/Northern-Lights-Assays-306-gt-Gold-Surface-Sample-at-Secret-Pass-Gold-Project-in-Arizona
- Published in Mining, News Home, Northern Lights Resources
Northern Lights Received Permit to Drill at Secret Pass Gold Project in Arizona
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce that it has received approval from the US Bureau of Land Management (the “BLM”) to commence drilling at the Secret Pass Gold Project (“Secret Pass” or the “Project”) in Mohave County, Arizona
A total of 15 holes, for 2,300 metres, have been approved for drilling at 12 target prospects on the Secret Pass BLM mining claims. The BLM mining claims at Secret Pass have a total area of 656 hectares and account for the majority of the total license area, comprising of the northern section of the project license area as well as the FM zone in the southeast quadrant of the Project area (see Figure 1).
The permit to drill an additional 5 holes, for 1,150 metres, at the Tin Cup prospect on the State Exploration Permit area (212 hectares) is pending approval from the Arizona State Land Department (see Figure 1). The Company expects to receive the approval to drill the planned holes at Tin Cup in the coming weeks.
The targeted prospects have been identified by Northern Lights through a systematic exploration program over the past six months that has included an airborne magnetic survey, reinterpretation of historic Induced Polarization (IP) data, detailed mapping and the collection of over 400 stream and pan concentrate samples (final assays and interpretation pending).
CEO, Jason Bahnsen, commented “We are delighted to receive permits to commence drilling at the Secret Pass Gold Project. Preparation of drill access roads will begin immediately and our drilling contractor is planning to be on site by April 5th. Drilling will initially focus on the Fiery Squid and Tentacles prospects before where we see significant potential associated with numerous historic workings at each of the prospect sites.”
Planned Phase 1 – Drill Program Secret Pass Gold Project
The Phase 1 drill program will focus on two previously unexplored prospects at Fiery Squid and The Tentacles and the historic mine area at Tin Cup. (see Table 1)
Fiery Squid and The Tentacles Prospects
The initial drilling will focus on the Fiery Squid and The Tentacles prospects. Two holes are planned at the Fiery Squid prospect and one hole at the Tentacles prospect. Both prospects have extensive historic underground workings including timber-lined shafts and several adits. A historic grab sample from the dumps adjacent to the shaft at Fiery Squid assayed 6 g/t Au.
The Fiery Squid and Tentacles prospects are located within a zone of intense sericite-quartz-FeOx alteration which trends northwest and covers an area approximately of 1000 x 500 meters. The alteration is associated with a swarm of rhyolite dykes that have intruded older andesite volcanics.
The planned holes range in length from 100 to 150 metres and are designed as initial reconnaissance holes to test mineralization associated with the historic workings.
Tin Cup
Historic drilling at Tin Cup identified a mineralized zone with a strike length of approximately 245 metres and has been drill tested to a depth of only 180 metres. Based on historic drilling, high-grade mineralization is localized in 3.0 to 7.6 metres wide, steep westerly-dipping structures that occur within a much wider mineralized fault zone that ranges from 30 to 45 metres in width. Historic drill assays from Tin Cup ranged up to 7.6 to 40.4 grams per tonne gold over mineralized widths of 1.5 to 32 metres. See the Northern Lights press release of October 26, 2020, for further details). The mineralization has a northwest plunge and is open at depth.
The five holes at Tin Cup (1,150 metres) are planned to confirm high-grade mineralization from historic drilling to test the down plunge extension of the mineralization and to test the system to a depth of approximately 350 metres below the surface. Permits to commence drilling of the Tin Cup holes are pending approval of the Arizona State Land Department.
Table 1 – Secret Pass Phase 1 Drill Program
Under the permits granted by the BLM, Northern Lights has the flexibility to drill any of the 22 permitted holes and can maintain a progressive rehabilitation program with up to 350 metres of drill holes remaining open at any time during the permit period. The BLM permits are valid for 2 years and can be renewed for a subsequent 2 years with written approval.
Subject to the final assay results and interpretation of the approximately 400 stream sediment and pan concentrate samples that were collected by the Company in Q4 2020, Northern Lights may modify the planned Phase 1 drill plan to include additional prospects on the BLM mining claims.
Figure 1 -Secret Pass Project Drill Hole Locations
View Larger image Here
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where Northern Lights, in joint venture with Reyna Silver are earning 100% ownership.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
- Published in News Home, Northern Lights Resources
Northern Lights Resources Receives DTC Eligibility and Blue Sky Clearance
Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR)(OTCQB:NLRCF) is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”). The DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States.
Northern Lights’ share cusip has been approved for DTC Fast allowing holders and their brokers with the ability to process transactions efficiently via Deposit/Withdrawal At Custodian (“DWAC”) at the DTC.
“Northern Lights Resources OTCQB listing with DTC eligibility is a key step in the development of our shareholder base.” says Jason Bahnsen, CEO of Northern Lights Resources. “With our two key projects located in Arizona and Nevada we want to provide US investors with the opportunity to participate in the exciting exploration success and growth of Northern Lights.”
Along with DTC eligibility, Northern Lights has received Blue Sky Clearance in New York, Texas, Louisiana, Colorado, Connecticut, Maryland, Pennsylvania, Delaware, West Virginia, Kentucky, and Ohio. Additional pending states include Alaska, Arkansas, Georgia, Hawaii, Indiana, Iowa, Maine, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Jersey, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Tennessee, Utah, Washington, Wisconsin, and Wyoming.
For further information on Northern Lights Resources please contact:
Albert Timcke
Executive Chairman and President
rtimcke@northernlightsresources.com
+1 604 608 6163
Jason Bahnsen
Chief Executive Officer
Jason@northernlightsresources.com
+1 604 608 6163
Shawn Balaghi
Investor Relations
Shawn@northernlightsresources.com
+1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where Northern Lights is earning 100% in joint venture with Reyna Silver Corp.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
- Published in Mining, News Home, Northern Lights Resources
Northern Lights Resources Lists on the OTCQB Exchange
Northern Lights Resources Corp. (“Northern Lights” or “NLR”) (CNSX:NLR)(OTCQB:NLRCF) is pleased to announce that has received listing approval and has begun trading of its common shares on the OTC Venture Market (“OTCQB”) under the symbol of (“NLRCF”).
The OTCQB Markets is a premier marketplace for early stage and developing U.S. and international companies that are committed to providing a high-quality trading and information experience for U.S. investors. Investors can find real-time quote and market information for NLR on the OTCQB at www.otcmarkets.com/stock/NLRCF/overview.
The OTCQB listing provides NLR with increased exposure to U.S. capital markets and provides U.S. investors with the opportunity to participate in the exploration success at the Company’s two key projects: the 100% owned Secret Pass Gold Project in Arizona and the Medicine Springs Silver Zinc Lead project in Nevada that NLR is exploring in joint venture with Reyna Silver Corp.
The Company believes that trading on the OTCQB Markets will increase NLR’s shareholder base in the U.S. and provide additional trading liquidity. Northern Lights Resources continues to trade on the Canadian Securities Exchange, “CSE” under its symbol “NLR”.
The Company is currently waiting for DTC Eligibility which is expected in the coming weeks.
For further information on Northern Lights Resources please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: Shawn@northernlightsresources.com
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada where Northern Lights is earning 100% in joint venture with Reyna Silver Corp.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
- Published in Mining, News Home, Northern Lights Resources
Secret Pass IP-Res Interpretation
Northern Lights Resources Corp. (CSE:NLR)(the “Company” or “Northern Lights”) is pleased to announce an update to exploration work at the Company’s 100% owned Secret Pass Gold Project (“Secret Pass” of the “Project”) located in Mohave County, northwestern Arizona.
Northern Lights has completed a reinterpretation and review of Induced Polarization (IP) and Resistivity survey data that was initially collected by Santa Fe Mining in 1992. The results complement the magnetic survey and fieldwork that Northern Lights has completed on the property to date, which has resulted in the generation of over 20 targets in previously unexplored areas on the Secret Pass property.
The primary objective of the survey was to determine if IP and Resistivity were effective in detecting the silica-clay-pyrite alteration associated with gold mineralization observed at the Tin Cup and FM prospects. The results highlight the importance of the Frisco Mine Fault (FMF) as a geological control for the gold mineralization at Secret Pass.
With reference to Figure 1, five small Gradient Array grids were completed and a single Dipole-Dipole profile located in proximity to the FMF and in areas exhibiting strong surface alteration and mineralization. The reinterpretation of the geophysical data demonstrates that the Secret Pass gold mineralization exhibits a positive coincident IP and Resistivity response. The geophysical study was undertaken by Steven McMullan, an experienced geophysical consultant that wrote the Secret Pass aeromagnetic report for NLR in August of 2020. (see https://www.northernlightsresources.com/site/assets/files/4976/nlr_new_release_-_secret_pass_-_airborne_geophysics.pdf)
The study completed by Northern Lights involved the digitization of historical geophysical IP and Resistivity data, geo-referencing the survey grids, and undertaking 2D inversion of the data.
Figure 1: Secret Pass Historical IP-Resistivity Survey Grids and Geology
To view an enhanced image click the following link: https://storage.googleapis.com/accesswire/media/618858/NORTHERNLIGHTS-FIGURE120120.jpg
Reinterpretation Summary
The important observations and conclusions for each grid and Dipole-Dipole profile are summarized below.
F2 Grid
- Moderate strength IP anomaly likely represents sulphide mineralization, and the resistivity high map represents silicification.
F5 Grid
- Collinear bands of high IP and Resistivity fit the conceptual model response of quartz veins/silicification (high resistivity) and sulphides associated with gold mineralization (high IP response).
F4+F4B Grid
- The irregular IP anomaly on the north side of the grid likely represents the intersection of structures/dykes.
FM Grid
- Multiple high IP anomalies in the footwall of the FMF may be related sulphide mineralization similar to Tin Cup and have not been drill tested.
TC (Tin Cup) Grid
- The high IP anomaly in the northwest corner of the grid has not been tested.
- FMF interpreted from 2020 aeromagnetic survey passes through the centre of the grid, which places high IP and high Resistivity (indicative of both sulphides and silicification) in the hangwall of the FMF.
TC (Tin Cup) Dipole-Dipole Profile
- Two structures are evident, i) east structure steeply west-dipping with low Resistivity and no correlating IP response, ii) central structure manifested by sub-vertical Resistivity high that is indicative of silicification and quartz veining and is coincident with a high IP response that continues into hangingwall. The IP anomaly is indicative of sulphides associated with mineralization developed in the FMF.
Discussion
Although the IP survey grids were limited in size, their location was optimal for studying the geophysical characteristics of the Secret Pass gold mineralization and its relationship with the Frisco Mine Fault system.
A single Dipole-Dipole line transected the main zone of mineralization at Tin Cup that was extensively drilled. With reference to the Dipole-Dipole profile in Figure 1, the 0.2 g/t gold grade shell is associated a strong IP response that has not to be closed off by drilling to the west. The IP response is related disseminated pyrite that is associated with strong silica-clay-carbonate alteration. The sub-vertical Resistivity high is indicative of silicification and quartz veining, which was commonly observed in the drill holes.
In conclusion, the IP-Resistivity technique is effective in mapping the style of gold mineralization observed at Secret Pass. Based on the results from this study, Northern Lights plans to conduct additional IP-Resistivity surveying in areas that display strong alteration and are proximal to the Frisco Mine Fault.
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County Nevada, where Northern Lights, in joint venture with Reyna Silver is earning 100% ownership.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
- Published in Mining, News Home, Northern Lights Resources