Northern Sphere Mining Corp. to drill follow up holes on high grade gold intersections
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Toronto, May 30, 2017 - Northern Sphere Mining Corp. (CSE:NSM) ("Northern Sphere" or the "Company") is pleased to announce it will be initiating diamond drill program during its third quarter on its Scadding Property located near Sudbury, Ontario (the "Property"). The Company expects to initially drill up to 5,000 metres. The Property was last drilled from 2009-2011 with impressive results. Table 1 and Figure 2 highlights some of the drilling conducted during this period.
Northern Sphere has earned an 80% interest in the Property and has the right to earn up to a 90% interest, with an option to purchase the remaining 10% interest.
The Property, located within the Sudbury Mining District, is accessible by an all-season road and is serviced by three phase power. The site is part of Northern Sphere's 40,000-acre option ground which is located on a regional scale at the junction of two major structural trends (Figure 1).
Figure 1: Geological map of the Sudbury Mining District (after Ames et al., 2008) Structural trends highlighted in red dashed arrows. The red star indicates the location of the former Scadding gold mine at the junction of the structural trends.
To view an enhanced version of Figure 1, please visit:
http://orders.newsfilecorp.com/files/2104/27063_a1496099172826_35.jpg
During the 1980's, approximately 140,000 tons of mineralized rock (116,000 tons from underground and 24,000 from open pits) were processed at the Property through a 200 ton per day processing plant. Various reports indicate that the 140,000 tons of mineralized rock yielded approximately 29,400 ounces of gold at a head grade of 7.2 g/t.
Table 1: Significant Drill Intercepts 2009-2011 Diamond Drilling
Hole ID | From (m) | To (m) | Core length (m) | Grade (g/t) |
TRM-09-04 | 85.6 | 86.7 | 1.1 | 7.0 |
TRM-09-05 | 89.4 | 89.9 | 0.5 | 55.0 |
TRM-09-13 | 66 | 67 | 1.0 | 47.6 |
TRM-10-02 | 30 | 34 | 4.0 | 9.6 |
TRM-10-06 | 70 | 72 | 2.0 | 22.3 |
TRM-10-07 | 52.4 | 71.6 | 19.2 | 12.9 |
TRM-10-07 | 110.2 | 112 | 1.8 | 25.6 |
TRM-10-10 | 41 | 43.7 | 2.6 | 4.5 |
TRM-11-10 | 53 | 68.8 | 15.8 | 5.4 |
TRM-11-12 | 32 | 38 | 6.0 | 2.8 |
TRM-11-15 | 30 | 40 | 10.0 | 3.5 |
TRM-11-18 | 52 | 55.7 | 3.7 | 12.3 |
TRM-11-22 | 31.5 | 33 | 1.5 | 94.5 |
TRM-11-30 | 84 | 87.3 | 3.3 | 5.8 |
TRM-11-31 | 76 | 79 | 3.0 | 3.7 |
TRM-11-48 | 98 | 103 | 5.0 | 4.5 |
*Holes were drilled and analyzed using CIM Exploration Best Practice Guidelines
Technical information pertaining to the diamond drilling of the TRM designated holes was under the supervision of Ms. Lindsay Moss, P. Geo., an employee of TrueclAIM Exploration Inc., and was conducted in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. The Trueclaim's quality control and assurance program included the insertion of standards and blanks, the retention of 1/2 of the cut core that has been sampled, pulps and rejects, and the use of an independent certified lab, Accurassay Laboratories of Thunder Bay, ON. Samples are sent for fire assay and if warranted for ICP. Assays of significance are reassayed using screen metallics to ensure accurate values.
The primary focus of the Phase 1 Drill Program will be at the Scadding Mine located on the Property. Drilling will test areas proximal to both past mining activities (underground and open pit), and recent successful diamond drilling at the Scadding Mine. Previous drilling was primarily focused near the surface, providing Northern Sphere with an excellent opportunity to test open ground below the Scadding Mine.
Figure 2: Scadding Gold Project - Sudbury District
*TRM Holes were drilled by TrueclAIM Exploration Inc.
* CR holes depicted were drilled before the introduction of National Instrument 43-101. Drill Project was supervised by Professional Geologist Paul MacLean in 1997/98
To view an enhanced version of Figure 2, please visit:
http://orders.newsfilecorp.com/files/2104/27063_a1496099173108_53.jpg
In addition to the Scadding Mine drilling, Northern Sphere plans to drill several notable target areas which include:
- offset geophysical trends which play host to sulfide rich, gold bearing, zones of chlorite
- geophysical anomalies along the MacPherson Fault on a similar strike as the Scadding Mine
- Serpent Formation contact targeting quartzite breccia
Qualified Persons
Steve Gray, P.Geo., Vice President of Northern Sphere has reviewed the scientific and technical information in this press release and is Northern Sphere's "Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About Northern Sphere Mining Corp.
Northern Sphere Mining is dedicated to growth through the acquisition and development of mining assets, with an emphasis on near term production opportunities. Headquartered in Toronto, Ontario, Northern Sphere Mining has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.
This press release contains forward-looking statements which reflect Northern Sphere's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.
For further information, please contact:
A. John Carter, Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.