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Northern Empire Resources Corp.
Summary
| Project: | Sterling | |
|---|---|---|
| Deposit: | SNA | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 4/17/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-4-2018: Northern Empire Resources Corp. announces an Exploration/Drilling Update report for its SNA deposit at the Sterling project. Drilling results incl. 16.76m @ 1.80g/t Au from 94.49m. Vancouver, British Columbia- (Newsfile Corp. - April 17, 2018) | |
| Resources: | (Resource, Inf.): 126000oz Au contained at SNA | |
| CP/QP: | [Overall Report]: Michael G. Allen (Internal) | |
| ABSTRACT: | Vancouver, British Columbia- (Newsfile Corp. - April 17, 2018) - Northern Empire Resources Corp. (TSXV: NM) (OTC Pink: PSPGF) (the "Company" or "Northern Empire") today reported exploration results for the SNA deposit. The SNA deposit is one of four deposits which the Company is exploring on its Sterling Gold Project, located in Nye County, Nevada. Michael Allen, President and CEO, stated, "We're pleased with these new results. Hole SNA18-003 returned a broad zone of oxide mineralization just south of the Motherlode Pit, indicating the deposit extends onto the Sterling Property. In addition, exploration drilling beneath the historic Telluride Mercury Mine is returning significant gold grades in structures that cut favourable host rocks for Carlin-type gold mineralization. One of our drills is currently working between the historic Mother Lode deposit and our SNA deposit, which lies approximately 500 meters to the south, with the hopes of outlining new gold mineralization between the two deposits." The SNA Deposit is the easternmost of the known deposits within the Flourspar Canyon Trend. It is a sediment-hosted gold deposit with a Carlin-type geochemical signature, and is hosted in Devonian Carbonates. The SNA Deposit contains an inferred resource of 126,000 oz of gold at an average grade of 1.03 g/t Au, using a 0.3 g/t cutoff and is open for expansion. Northern Empire controls three deposits with NI 43-101 resource estimates within the Fluorspar Canyon Trend: Daisy, Secret Pass, and SNA, which are part of what the Company calls the 'Crown Block' of claims within the 141-square-kilometer Sterling Gold Project. Northern Empire is aggressively exploring the Crown Block due to the excellent potential for additional discoveries and expansion of existing resources. Motherlode South is a target north of the SNA deposit, located along the claim boundary of a small inlier to Northern Empire's Sterling Gold Project. This inlier contains the past producing Mother Lode pit. The Motherlode and SNA deposits are located in a complex structural zone where North-South structures meet the Fluorspar Canyon Detachment fault. This structural complexity may have allowed mineralizing fluids access to multiple host rock lithologies allowing for a connection to be made between the Motherlode and SNA deposits. | |
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