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Northern Empire Drills 123.93 meters of 1.41 g/t Gold at the Daisy Deposit, Sterling Gold Project, Nye County, Nevada

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Northern Empire Drills 123.93 meters of 1.41 g/t Gold at the Daisy Deposit, Sterling Gold Project, Nye County, Nevada

 

 

 

 

 

Northern Empire Resources Corp. (TSX-V: NM) (OTC Pink: PSPGF) today reported drill results from the Company’s 100% owned Sterling Gold Project located in Nye County Nevada.

 

 

Hole ID From (m) To (m) Facies Length (m) g/t Au
D18-003C 67.88 191.81 all 123.93 1.41
Including 134.97 173.22 oxide 38.25 3.09
And 173.22 188.95 mixed 15.73 1.45
And 188.95 191.81 oxide 2.87 2.48

 

  1. Fire Assays Reported
  2. Hole numbers ending in “C” are core
  3. True thickness estimated to be approximately 90-95% of interval length

 

 

Michael G. Allen, President and CEO, stated, “D18-003C is the first of at least 10 exploratory, resource expansion, and infill holes that we plan to drill into the Daisy Deposit as part of our 15,000-meter program. The exceptional grade of these results is very encouraging. All of the mineralization from 67.88 to 173.22 meters down the hole was oxidized, as was the final 2.87 meters of mineralization. For the high-grade core of the deposit, where we cut 38.25 meters of 3.09 g/t gold, cyanide solubility assays averaged 90% of fire assay, indicating that the Daisy deposit may be amenable to open pit mining with heap leach recovery of gold. Based on the exceptional drill results to-date at the Sterling Project, the Company plans to mobilize additional drill rigs to the Project shortly. Currently rigs are working on the SNA and Secret Pass deposits. In addition, field crews are mapping extensions of the known deposits, as well as new targets within the Project.”

 

 

 

Figure 1. Cross Section

 

About the Daisy Deposit

 

 

The Daisy Deposit is located in the footwall of the Flourspar Canyon Fault and is the westernmost of the known deposits within the Flourspar Canyon Trend. It is a sediment-hosted gold deposit with a Carlin-type geochemical signature. The Daisy Deposit contains an inferred resource of 174,000 oz of gold at an average grade of 2.12 g/t Au.

 

 

Northern Empire owns three deposits with 43-101 resource estimates within the Fluorspar Canyon Trend: Daisy, Secret Pass, and SNA, which are part of the Crown block of claims within the 141 square kilometer Sterling Gold Project, which also includes the permitted Sterling Mine. Northern Empire intends to aggressively explore the Crown block due to the excellent potential for additional discoveries and potential to expand the existing resources.

 

 

Sampling and QAQC Procedures

 

 

Samples were submitted to ALS Global in Reno, Nevada. Gold grade was determined by Fire Assay with Atomic Absorption, and Gravimetric Finish as well as Cyanide Soluble methods. Most ALS geochemical laboratories are registered or are pending registration to ISO 9001:2008, and several analytical facilities have received ISO 17025 accreditations for specific laboratory procedures. Northern Empire inserts a series of standards, blanks and field duplicates into the sample stream as part of its quality assurance and quality control procedures which are continually monitored by the Company.

 

 

Qualified Persons

 

 

Michael G. Allen, P. Geo., President of Northern Empire, and a Qualified Person as defined by NI 43-101, has reviewed the technical information contained in this news release. He is the non-independent qualified person for this news release and has verified the data.

 

 

About Northern Empire

 

 

Northern Empire Resources is a well-financed gold exploration and development company focused on an emerging heap leach gold district in southern Nevada. The 100%-owned, Sterling Gold Project hosts four distinct deposits, including the fully permitted, heap leach Sterling Mine. Northern Empire is led by an experienced team of professionals with an exceptional record of creating value for shareholders (Newmarket Gold, Kaminak Gold, Underworld Resources, and International Royalty Corp). The Company completed a successful drill campaign in 2017 and will aggressively drill known mineralized zones in 2018 to expand resources and explore for new deposits on its 141 km2 land package.

 

Posted February 26, 2018

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