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Northern Empire Resources Corp.
Summary
| Project: | Sterling | |
|---|---|---|
| Deposit: | SNA | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 6/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-6-2018: Northern Empire Resources Corp. announces an Exploration/Drilling Update report for its SNA deposit at the Sterling project. Drilling results incl. 48.77m @ 0.79g/t Au from 68.58m. Vancouver, British Columbia--(Newsfile Corp. - June 5, 2018) - N | |
| Resources: | (Resource, Inf.): 126000oz Au contained at SNA | |
| CP/QP: | [Overall Report]: Michael G. Allen (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - June 5, 2018) - Northern Empire Resources Corp. (TSXV: NM) (OTC Pink: PSPGF) (the "Company" or "Northern Empire") today reported exploration results from 19 new holes at its SNA deposit. SNA is the easternmost of the Company's "Crown deposits" located within the its 100%-owned, 141-square-kilometer Sterling Gold Project in Nye County, Nevada. Michael G. Allen, President and CEO stated, "To date we've released results for 30 drill holes from around the SNA deposit and all have returned significant gold intercepts. This speaks to the size and robustness of the mineralizing system we are exploring. Included in the intercepts are several broad zones of shallow oxide mineralization with significant grade." Holes SNA18-011, 012, and 014 have extended known mineralization at SNA deposit to the northeast by approximately 75 meters. The SNA deposit is located approximately 400 meters to the south of the Mother Lode deposit currently being explored by Corvus Gold on a set of 11 claims fully enclosed by the Company's Sterling Project. Northern Empire owns approximately 5% of the historic Mother Lode pit. The SNA deposit is a Carlin-type deposit dipping gently to the east, largely hosted in Devonian Carbonates. The Mother Lode deposit dips to the northwest, suggesting a potential large-scale hinge structure between the two deposits. Drilling at Mother Lode South along the claim boundary with Corvus Gold (holes SNA18-022, 023, 024, 026, and 027) intersected strong gold grades across broad widths and are similar results encountered by Corvus Gold drilling at depth indicating Mother Lode mineralization extending onto Northern Empire claims is updip. The areas currently being drilled by Northern Empire are highly prospective for gold mineralization with numerous fault structures having been mapped by Company geologists. Large-scale structures were also observed in geophysical data collected by the Company. The combination of prospective stratigraphy, structural preparation, and intrusives give a strong possibility of expanding the known deposits in this area. | |
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