Northern Lights Assets Corp. is happy to announce the outcomes from a stream sampling program at Secret Go Gold Venture in Mohave County, ArizonaNorthern Lights accomplished a property-wide stream sampling program comprising 196 stream sediment and 196 panned focus samples. Just about Figures 1 and a couple of, the anomalous assays outline 3 areas centred on the Fiery Squid, Tin Cup, and Lion’s Paw prospects. …
Northern Lights Assets Corp. (“Northern Lights” or the “Firm”) (CSE:NLR)(OTCQB:NLRCF) is happy to announce the outcomes from a stream sampling program at Secret Go Gold Venture in Mohave County, Arizona
Northern Lights accomplished a property-wide stream sampling program comprising 196 stream sediment and 196 panned focus samples. Just about Figures 1 and a couple of, the anomalous assays outline 3 areas centred on the Fiery Squid, Tin Cup, and Lion’s Paw prospects. In complete, 35 samples returned assay gold grades above 0.2 g/t, together with assays of 30.6 g/t and 6.7 g/t collected downstream from the Tentacles and Fiery Squid prospects. Drilling is deliberate to begin instantly at Tentacles and Fiery Squid.
CEO Jason Bahnsen, commented “The sampling outcomes spotlight the wonderful gold potential on the Secret Go Venture. Assay outcomes are strongly anomalous, with particular person panned focus samples with gold grades of as much as 30.6 g/t. We’re getting ready the drill entry roads at Fiery Squid and the Tentacles prospects with the drilling contractor presently mobilizing tools to the challenge web site.”
As illustrated on Figures 1 and a couple of, the pattern assays outline three anomalous areas which exhibit a very good correlation between stream sediment and panned focus assays. Anomaly A shows a detailed affiliation with the Frisco Mine Fault and could be traced alongside a northwest pattern for about 2,000 meters. The world is underlain by strongly altered andesite volcanics and contains the Tin Cup and FM gold prospects. Anomaly B is situated downstream from an space of intense sericite-quartz-FeOx alteration and is related to a rhyolitic dyke swarm intruding andesite volcanics. The anomalous space measures 700 x 800 meters and contains The Fiery Squid and Tentacles prospects. Anomaly C covers an space of in depth shafts and adits and contains Lion’s Paw, Travertine Gulch, Fluorspar Ridge, and Second Shaft prospects. The underlying geology and alteration is much like the Fiery Squid and Tentacles prospects and contains an space of 600 x 700 meters.
All samples have been collected by Mr. Paul Q. Warren (CPG, QP), who maintained the chain of custody till supply of the samples to ALS Laboratory in Tuscon, Arizona (“ALS”) and MS Analytical Laboratories in Vancouver, Canada (“MSA”). ALS and MSA are accredited to the ISO 9001 commonplace for gold assays, and all analytical strategies embody high quality management supplies at set frequencies with established knowledge acceptance standards.
High quality Management and High quality Assurance (QA/QC) measures for this sampling program have been internally carried out by MS Laboratories and included blanks, duplicates, and OREAS requirements 24b, 601.
The 196 pan focus samples have been ready by pulverizing 250-gram samples to 85% passing <75 um. The 196 stream sediment samples sieved 200 um. Evaluation for gold, platinum, and palladium was accomplished utilizing a 30-gram hearth assay fusion with ICP-ES end (FAS 111) with a decrease restrict of two components per billion for gold and an higher restrict of 10,000 ppb. Samples with gold assays larger than 10,000 ppb are reanalyzed utilizing a 50-gram hearth assay fusion with a gravimetric end. All samples additionally have been analyzed utilizing a 36-multi elemental geochemical package deal (AQ300). Pattern splits of 0.5 g have been leached in sizzling Aqua Regia and analyzed by ICP-ES with analytical outcomes reported in ppm and ppb ranges.
The scientific and technical knowledge contained on this information launch was reviewed and accredited by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and certified particular person to Northern Lights Assets, who’s accountable for making certain that the geologic data offered on this information launch is correct and who acts as a “certified particular person” beneath Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Initiatives.
For additional data, please contact:
Albert Timcke, Govt Chairman and President
Tel: +1 604 608 6163
Jason Bahnsen, Chief Govt Officer
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Tel: +1 604 773 0242
About Northern Lights Assets Corp.
Northern Lights Assets Corp is a growth-oriented exploration and growth firm that’s advancing two initiatives: The 100% owned Secret Go Gold Venture situated in Arizona; and the Medication Springs silver-zinc-lead Venture situated in Elko County, Nevada, the place Northern Lights, in three way partnership with Reyna Silver are incomes 100% possession.
Northern Lights Assets trades beneath the ticker of “NLR” on the CSE. This and different Northern Lights Assets information releases could be considered at www.sedar.com and www.northernlightsresources.com.
Determine 1 -Secret Go Pan Focus Samples Outcomes
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Determine 2 -Secret Go Stream Sediment Pattern Outcomes
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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This information launch contains sure “forward-looking statements” beneath relevant Canadian securities laws. Ahead-looking statements embody, however are usually not restricted to, statements with respect to the phrases and situations of the proposed non-public placement; use of funds, the enterprise, and operations of the Firm after the proposed closing of the Providing. Ahead-looking statements are essentially based mostly upon numerous estimates and assumptions that, whereas thought of cheap, are topic to identified and unknown dangers, uncertainties, and different components which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking statements. Such components embody, however are usually not restricted to basic enterprise, financial, aggressive, political, and social uncertainties; delay or failure to obtain board, shareholder, or regulatory approvals; and the uncertainties surrounding the mineral exploration trade. There could be no assurance that such statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Accordingly, readers shouldn’t place undue reliance on forward-looking statements. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements, whether or not on account of new data, future occasions, or in any other case, besides as required by regulation.
SOURCE: Northern Lights Assets Corp.
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