–News Direct–
Northstar Gold Corp's CEO, Brian Fowler joined Steve Darling from Proactive to announce the signing of a Letter of Intent with vendors for the 64-hectare Philip Property. This property is adjacent and southeast of Northstars Miller Copper-Gold Property along the historic Boston Creek Copper Trend.
Fowler explained that the Philip Property LOI strengthens Northstars strategy to consolidate the Boston Creek Copper Trend and complements the previously signed Boston Creek Mines Property LOI. Both LOIs include a six-month exclusivity period for due diligence and negotiation of acquisition terms.
The Philip Property is crucial to Northstars exploration strategy for the Boston Creek Copper Trend. It will allow the company to ground truth and drill test the Zone 2 Extension Conductor up to, and beyond, the Philip Property boundary. Northstar plans to drill test the Zone 2 Extension Conductor later this summer.
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Proactive Canada
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View source version on newsdirect.com: https://newsdirect.com/news/northstar-gold-corp-signs-letter-of-intent-for-philip-property-acquisition-305004661
Northstar Gold Corp.
COMTEX_453014725/2655/2024-05-28T12:50:24
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