Northern Lights Resources Corp. ("Northern Lights" or the "Company") (CSE:NLR)(OTCQB:NLRCF) is pleased to announce the results from a stream sampling program at Secret Pass Gold Project in Mohave County, Arizona
Northern Lights completed a property-wide stream sampling program comprising 196 stream sediment and 196 panned concentrate samples. With reference to Figures 1 and 2, the anomalous assays define 3 areas centred on the Fiery Squid, Tin Cup, and Lion's Paw prospects. In total, 35 samples returned assay gold grades above 0.2 g/t, including assays of 30.6 g/t and 6.7 g/t collected downstream from the Tentacles and Fiery Squid prospects. Drilling is planned to commence immediately at Tentacles and Fiery Squid.
CEO Jason Bahnsen, commented "The sampling results highlight the excellent gold potential at the Secret Pass Project. Assay results are strongly anomalous, with individual panned concentrate samples with gold grades of up to 30.6 g/t. We are preparing the drill access roads at Fiery Squid and the Tentacles prospects with the drilling contractor currently mobilizing equipment to the project site."
As illustrated on Figures 1 and 2, the sample assays define three anomalous areas which exhibit a good correlation between stream sediment and panned concentrate assays. Anomaly A displays a close association with the Frisco Mine Fault and can be traced along a northwest trend for approximately 2,000 meters. The area is underlain by strongly altered andesite volcanics and includes the Tin Cup and FM gold prospects. Anomaly B is located downstream from an area of intense sericite-quartz-FeOx alteration and is associated with a rhyolitic dyke swarm intruding andesite volcanics. The anomalous area measures 700 x 800 meters and includes The Fiery Squid and Tentacles prospects. Anomaly C covers an area of extensive shafts and adits and includes Lion's Paw, Travertine Gulch, Fluorspar Ridge, and Second Shaft prospects. The underlying geology and alteration is similar to the Fiery Squid and Tentacles prospects and comprises an area of 600 x 700 meters.
All samples were collected by Mr. Paul Q. Warren (CPG, QP), who maintained the chain of custody until delivery 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 standard for gold assays, and all analytical methods include quality control materials at set frequencies with established data acceptance criteria.
Quality Control and Quality Assurance (QA/QC) measures for this sampling program were internally implemented by MS Laboratories and included blanks, duplicates, and OREAS standards 24b, 601.
The 196 pan concentrate samples were prepared by pulverizing 250-gram samples to 85% passing
The scientific and technical data contained in this news release was reviewed and approved by Gary Artmont (Fellow Member AUSIMM #312718), Head of Geology and qualified person to Northern Lights Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Tel: +1 604 773 0242
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company that is advancing two projects: The 100% owned Secret Pass Gold Project located in Arizona; and the Medicine Springs silver-zinc-lead Project located in Elko County, Nevada, where Northern Lights, in joint venture with Reyna Silver are earning 100% ownership.
Figure 1 -Secret Pass Pan Concentrate Samples Results
View Larger Image Here
Figure 2 -Secret Pass Stream Sediment Sample Results
View Larger Image Here
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the terms and conditions of the proposed private placement; use of funds, the business, and operations of the Company after the proposed closing of the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political, and social uncertainties; delay or failure to receive board, shareholder, or regulatory approvals; and the uncertainties surrounding the mineral exploration industry. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
SOURCE: Northern Lights Resources Corp.
View source version on accesswire.com: