Northern Empire Intersects 7.92 Meters of 6.07 g/t Gold At New High-Grade, Near-Surface Zone at the Sterling Mine in Nevada; Expands Property to 141 square kilometers
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2018) - Northern Empire Resources Corp. (TSXV: NM) (OTC Pink: PSPGF) (the "Company" or "Northern Empire") is pleased to report drill results from the Company's 100% owned Sterling Mine located in Nye County Nevada.
|Hole ID||From (m)||To (m)||Interval (m)||g/t Au*|
- *Cyanide Soluble Assays Reported
- ** Partial hole results reported
- Hole numbers ending in "C" are core
- True thickness estimated to be approximately 75-90% of interval length
Michael G. Allen, President and CEO, stated, "Our recent drilling at the Sterling Mine hit previously unknown mineralization, potentially a high-angle feeder structure to the deposit. Hole STR17-039C and STR17-049C drilled into the feeder outside of the existing resource model opening up significant potential for expansion. This drilling builds on the extensive work done to date by Northern Empire to demonstrate this permitted deposit remains open for growth."
Sterling Gold Project Expansion
The Company has also staked additional highly prospective ground on the southwestern flank of the Bare Mountains. Mapping by Company geologists identified an unstaked section of the Gold Ace-Daisy structure that extends to the south onto open ground. This structure hosts three separate known gold deposits, including the Company's high-grade Daisy Deposit which hosts a qualified inferred resource of 174,000 oz Au at 2.12 g/t using a 1.0 g/t cutoff.
Sampling and QAQC Procedures
Samples were submitted to ALS Global in Reno, Nevada. Gold grade was determined by Fire Assay with Atomic Absorption, and Gravimetric Finish as well as Cyanide Soluble methods. Most ALS geochemical laboratories are registered or are pending registration to ISO 9001:2008, and several analytical facilities have received ISO 17025 accreditations for specific laboratory procedures. Northern Empire inserts a series of standards, blanks and field duplicates into the sample stream as part of its quality assurance and quality control procedures which are continually monitored by the Company.
Michael G. Allen, P. Geo., President of Northern Empire, and a Qualified Person as defined by NI 43-101, has reviewed the technical information contained in this news release. He is the non-independent qualified person for this news release and has verified the data.
About Northern Empire
Northern Empire Resources (TSXV: NM) (OTC Pink: PSPGF) is a well-financed gold exploration and development company focused on an emerging heap leach gold district in southern Nevada. The 100%-owned, Sterling Gold Project hosts four distinct deposits, including the fully permitted, heap leach Sterling Mine. Northern Empire is led by an experienced team of professionals with an exceptional record of creating value for shareholders (Newmarket Gold, Kaminak Gold, Underworld Resources, and International Royalty Corp). The Company completed a successful drill campaign in 2017 and will aggressively drill known mineralized zones in 2018 to expand resources and explore for new deposits on its 141 km2 land package.
ON BEHALF OF THE BOARD OF NORTHERN EMPIRE RESOURCES CORP.
"Michael G. Allen"
President, CEO and Director
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Certain information set forth in this news release contains "forward-looking statement", and "forward-looking information" under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include the Company's expectations about the future performance based on current results and expected cash costs and are based on the Company's current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as "will", "expects", "anticipates", "believes", "projects", "plans", and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which, may cause the Company's actual performance and financial results in future periods to differ materially from any projects of future performance or results expressed or implied by such forward-looking statement. These risks and uncertainties include, but are not limited to: liabilities inherent in mine development and production; geological risks, the financial markets generally, the results of the due diligence investigations to be conducted by the Company. There can be no assurance that forward-looking statement will prove to be accurate, and actual results and future events could differ materially from those anticipate in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
For further information contact:
Michael G. Allen, President, CEO and Director
Tel: +1 (604) 646-4522
Dylan Berg, Manager, Investor Relations
Tel: +1 (604) 646-4520