Gold penny stock unearths more riches from its assets

With prices near all-time highs, gold's status as a safe haven asset and hedge against inflation has never been truer than it is now. [Open in your browser]( [Stockhouse.com]( [Investor Alert] [Gold penny stock unearths more riches from its assets ] Gold penny stock unearths more riches from its assets --------------------------------------------------------------- [Visit the company website]( [Facebook]( [Twitter]( penny stock unearths more riches from its assets ) [LinkedIn]( [Email](mailto:?subject=Gold penny stock unearths more riches from its assets &body= Jon Brown | The Market Online Gold rush: Riding the wave of record highs With prices near all-time highs, gold's status as a safe haven asset and hedge against inflation has never been truer than it is now. Copper and other critical metal prices have also been trending upward lately, and this all spells good news for the likes of [Northstar Gold Corp. (CSE:NSG)]( who has been advancing a number of quality high-grade gold and copper exploration targets in Ontario's prolific Kirkland Lake District. [SEE COMPANY PROFILE]( The gold and copper miner recently unveiled intriguing results from its comprehensive LiDAR and MMI (mobile metal ion) soil surveys conducted at the Rosegrove Property, 13 km south of Kirkland Lake, ON. The company is also awaiting results from borehole electromagnetic (BHEM) and surface electromagnetic (EM) surveys to define extensions of high-grade copper VMS mineralization recently defined at the [Cam Copper Mine]( ) area on its nearby Miller Copper-Gold Property. These developments mark significant progress in the company's exploration endeavors, underscoring its commitment to uncovering valuable mineral resources. Rosegrove and Miller Copper-Gold Properties: Unveiling promising gold and copper deposits, trends and anomalies [Click here to Register] Figure 1. Rosegrove Property MMI Au-Zn-Cu Trends and Miller Copper Gold Cam Copper and Allied Gold Zones (Source: Northstar Gold Corp.) Northstar's wholly-owned Rosegrove Property spans an impressive 11.5 square km in size. A 2021 property-wide UAV magnetic survey and more recent Rosegrove LiDAR and MMI surveys have delineated multiple coincidental magnetic, structural and soil geochemical gold anomalies (up to 17 times background) associated with the regional first-order Pacaud Fault Zone. The Pacaud Fault Zone has long been recognized as a favourable geological setting for hosting gold mineralization. Northstar Gold's identification of these anomalies further validates the property's prospectivity and underscores the company's keen understanding of geological indicators. [Click here to Register] Figure 2. (Rosegrove Property Gridded MMI Response Ratio for Gold with Anomalous Areas A and E. Source: Northstar Gold Corp.) Several critical minerals anomalies were also identified by the Rosegrove MMI survey, which strongly suggests that volcanogenic exhalite horizons with possible polymetallic volcanogenic massive sulphide (VMS) lenses are present in the south portion of the Rosegrove survey grid. Two distinct copper trends and zinc anomalies (up to 122 times background) possibly represent a 3 km northwest strike extension of the Boston Creek (Cam) VMS Copper Trend, defined to the southeast on the nearby Miller Copper-Gold Property. [Click here to Register] Figure 3. Rosegrove Property Gridded MMI Response Ratio for Cu with Anomalous Areas A and E. Source: Northstar Gold Corp.) In an interview with the Market Online, Northstar's CEO, Brian Fowler said that these results confirm that the team's efforts are being conducted on the right type of rocks in the right area. [Click to view]( Miller Copper-Gold Property: Advancing exploration efforts Northstar's Miller Copper-Gold Property hosts the near-surface Allied Gold Zone deposit (upper SRK (Canada) Exploration Target range > 500,000 ounces of gold averaging 2.04 g/t), open to expansion (Figure 1). Northstar Gold's exploration efforts at Miller extend beyond gold, as demonstrated by its more recent copper focus on the Miller Copper-Gold Property. Located 18 km southeast of Kirkland Lake, Ontario, this property also encompasses the historic Cam Copper Mine, a road-accessible shaft mine with a rich history as a small-scale producer of high-grade ‘direct shipping' copper ore. Northstar completed a four-hole, shallow diamond drill program at Cam Copper Mine in late 2023, confirming a VMS nature to high-grade copper mineralization with each hole intersecting multiple massive chalcopyrite, high-grade copper horizons grading up to 14.8 per cent copper over 2.5 metres. [Click here to Register] Figure 4. (Cam Copper Mine 3D Model and 2023 Drill Results. Source: Northstar Gold Corp.) [INVESTOR UPDATES]( In late fall 2023, Northstar conducted a limited prospecting and sampling program covering the southeast extension of the Cam Copper VMS/exhalite trend along the contact with the Round Lake Batholith. 15 grab samples were collected in proximity to magnetic anomalies, historic ground and airborne EM conductors and IP bedrock targets, returning anomalous values in Gold (Au, 0 – 2.02 g/t Au), Silver (Ag, 0.15 – 26.9 g/t), Copper (Cu, 41 ppm – 27,900 ppm), Lead (Pb, 0.9 ppm – 3340 ppm) and Zinc (Zn, 12ppm – 2070 ppm). These samples could represent extensions of VMS Zones 1 and 2 up to 900 metres along strike to the southeast of the Cam Copper Mine site. In late March, 2024 Northstar commenced a surface EM survey to define Cam Copper VMS horizon extensions and conductors at depth and over a 900-metre strike length towards the southeast, with a priority to identify areas with thicker accumulations of Cu-rich massive sulphides. A borehole BHEM survey has also been conducted on select 2023 Cam Copper diamond drill holes. Similar Pulse-EM technology and surveys lead to several previous VMS discoveries across Canada, including Hudbay Minerals' 2003 Lalor VMS deposit discovery in Manitoba. Northstar is currently awaiting results from the recently completed borehole electromagnetic (BHEM) and surface electromagnetic (EM) surveys. Northstar will follow up 2023 Cam Copper trend surface sample and 2024 EM survey results and targets in the spring of 2024, with prospecting, geological mapping, sampling and a Phase II diamond drill program. [Click here to Register] Figure 5. (Cam Copper Mine VMS Trend and 2024 EM Survey Area. Source: Northstar Gold Corp.) Looking ahead: Ongoing exploration initiatives Northstar Gold Corp.'s dual focus on gold and copper exploration is underscored by its ongoing exploration initiatives. The company remains committed to advancing its properties and creating shareholder value through systematic exploration programs aimed at delineating high-potential copper and gold deposits and exploration targets. Investment corner: A promising opportunity In light of the recent developments at both the Rosegrove and Miller properties, Northstar Gold Corp. presents a compelling investment opportunity for discerning investors. With promising gold and copper anomalies identified at Rosegrove and ongoing exploration activities targeting VMS copper and alkalic gold-telluride mineralization at Miller, the company is well-positioned to deliver significant value appreciation. As it currently stands, shares of Northstar Gold are priced at C$0.045 with a market capitalization of C$4.4 million. Despite its affordable stock price, Northstar Gold has plenty of room to soar, particularly as it makes headway exploring its top-tier assets. Investors seeking exposure to both gold and copper markets, backed by robust exploration initiatives and promising geological indicators, should consider [Northstar Gold Corp.]( ) as an attractive addition to their investment portfolios. As the company continues to execute its exploration strategy and unlock the mineral potential of its properties, investors stand to benefit from the anticipated growth and value creation. Join the discussion: Find out what everybody's saying about this gold penny stock on the [Northstar Gold Bullboard]( and check out the rest of [Stockhouse's stock forums and message boards](. [VIEW COMPANY WEBSITE]( This is sponsored content issued on behalf of North Star Gold please see full disclaimer [here]( ). The Information in a Stockhouse Publishing Ltd. 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