andesite press

Tin Cup Drilling Update

Northern Lights Resources Corp. ("Northern Lights" or the "Company") (CSE:NLR)(OTCQB:NLRCF) is pleased to announce an update to the ongoing core drilling program at the Tin Cup Prospect on the Company' 100% owned Secret Pass Gold Project in Mohave County, Arizona

Drilling has been completed on two drill holes, TC21-02 (175 metre total depth) and TC21-03 (230 metre total depth). Drilling is continuing on the third hole, (TS21-04) currently at a depth of approximately 80 metres. The initial drill program of four holes at the Tin Cup prospect is expected to be completed in early December.

CEO, Jason Bahnsen, commented "Our initial 4-hole drill program at Tin Cup is going well and is expected to be completed in early December. Initial drill results are encouraging with strong mineralization evident in the drill core received to date. We have now dispatched the first hole to the assay lab and will release the results when received in early 2022."

The drill holes completed to date (TC21-02 and TC21-03) intercepted zones of moderate to strong mineralization within the altered andesite and rhyolite dikes. The mineralization of fracture fill and disseminated pyrite occurs within sections of moderate to strong hematite and propylitic alteration with weak to moderate sericite and silicification. Brecciated and gouge filled fault zones were encountered in both drill holes with disseminated pyrite present. Gold mineralization at the Tin Cup is primarily associated with the northwest trending structures and splays, predominantly in the andesite and margins of the rhyolite dikes.

The core samples from the first drill hole (TS21-02) have been sent to Skyline Laboratories in Tucson Arizona for assay.

Seven exploration drill holes have been approved at the Tin Cup Prospect (total 1,350 metres planned), see Table 1. Initially, 4 drill holes out of the permitted holes will be drilled (TC21-02, TC21-03, TC21-04, TC21-06), targeting the confirmation of historic high-grade mineralization that was identified by historic reverse circulation (RC) drilling in the 1980s.

Table 1 - Planned Drill Holes at Tin Cup Prospect

Hole No.

Location

Azimuth (o)

Dip (o)

Length (m)

TC21-02

Tin Cup

220

-45

175

TC21-03

Tin Cup

220

-55

225

TC21-04

Tin Cup

310

-50

250

TC21-05

Tin Cup

220

-65

400

TC21-06

Tin Cup

040

-60

100

TC21-07

Tin Cup

180

-45

100

TC21-08

Tin Cup

100

Total

1,350

Figure 1 - Drilling at TC21-02

Competent Persons Statement

Information in this report relating to Exploration Results is based on information reviewed by Mr. Lee R. Beasley, a Certified Professional Geologist who is a Member of the American Institute of Professional Geologists, and a consultant to Northern Lights Resources. Mr. Beasley has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Qualified Person for the purposes of NI43-101 Standards of Disclosure for Mineral Projects. Mr. Beasley consents to the inclusion of the data in the form and context in which it appears.

For further information, please contact:

Albert Timcke, Executive Chairman and President
Email: rtimcke@northernlightsresources.com
Tel: +1 604 608 6163

Jason Bahnsen, Chief Executive Officer
Email: Jason@northernlightsresources.com
Tel: +1 604 608 6163

Shawn Balaghi, Investor Relations
Email: shawn@northernlightsresources.com
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. Northern Lights Resources is a member of the Arizona Mining Association.

Northern Lights Resources trades under the ticker of "NLR" on the CSE and "NLRCF" on the OTCQB. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.

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:
https://www.accesswire.com/676111/Tin-Cup-Drilling-Update

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
Silver bars on a financial chart background with upward trend lines.

Silver Miners Deliver Record Q2 Earnings on Fresh Price Highs

Top silver miners around the world delivered a slate of stronger second quarter earnings as a mixture of higher realized prices and production gains boosted results across the sector.

Spot silver has broken decisively above the US$35 per ounce level — its highest in more than 14 years — fueled by structural supply deficits and robust industrial demand that have tightened the market.

Keep reading...Show less
Anteros Metals (CSE:ANT)

Anteros Metals


Keep reading...Show less
Prismo Metals (CSE:PRIZ)

Prismo Metals


Keep reading...Show less
Stacks of shiny silver bars labeled "FINE SILVER" and "999" purity.

ASX Silver Stocks: 5 Biggest Companies in 2025

Silver is often compared to gold due to its importance in jewellery and as a safe-haven investment.

However, silver has many industrial applications too, including in electronics, automobiles and silverware, as well as medicine and photography. Energy transition applications are a growing demand sector for silver too — the metal is valued for its conductive capacity, which makes it particularly useful in the production of photovoltaic panels.

Silver has performed strongly in 2025 supported by several tailwinds, and broke through the US$39 per ounce mark on July 23 for the first time since 2011.

In this environment, it's a good time to learn about the largest primary silver companies on the ASX. These ASX silver stocks are sorted by market cap, and data was gathered using TradingView’s stock screener on July 24, 2025.

Keep reading...Show less
Completion of Silver Acquisition & Appointment of New Managing Director

Completion of Silver Acquisition & Appointment of New Managing Director

Rapid Critical Metals Limited (‘Rapid,’ ‘RCM’ or ‘Company’) is pleased to advise that the Company has today completed the acquisition of Silver Metal Group Limited’s two wholly-owned subsidiaries, Conrad Resources Pty Ltd and Webbs Resources Pty Ltd (Transaction), the terms of which are contained in the Company’s announcement to ASX of 22 May, 2025. The Transaction was approved by shareholders at the Extraordinary General Meeting (EGM) held on 7 July, 2025.

Keep reading...Show less
Silver bars, stock market data and graph with "Weekly Editor's Picks" banner.

Editor's Picks: Silver Price Breaks US$39 Again, Rare Earths Stock Soars

The gold price saw both peaks and troughs this week, reacting to the release of June consumer and producer price index data out of the US, as well as renewed discussions about whether President Donald Trump may fire Federal Reserve Chair Jerome Powell.

Silver was the real precious metals star, pushing past the US$39 per ounce level once again.

What's next for the white metal? John Feneck of Feneck Consulting shared his opinion with the Investing News Network, laying out support and resistance levels. Here's what he said:

Keep reading...Show less

Latest Press Releases

Related News

×