| 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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Vancouver, British Columbia--(Newsfile Corp. - February 26, 2018) - Northern Empire Resources Corp. (TSXV: NM) (OTC Pink: PSPGF) (the "Company" or "Northern Empire") 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 | - Fire Assays Reported
- Hole numbers ending in "C" are core
- 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." |
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Northern Empire Resources
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CODE : NM.V |
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Northern Empire is a gold exploration company based in Canada. Northern Empire is listed in Canada. Its market capitalisation is CA$ 41.4 millions as of today (US$ 32.0 millions, € 27.6 millions). Its stock quote reached its lowest recent point on December 23, 2016 at CA$ 0.11, and its highest recent level on April 13, 2018 at CA$ 1.62. Northern Empire has 33 080 002 shares outstanding. |