Medicine Springs Drill Program
Medicine Springs Drill Program
Vancouver, British Columbia. May 26, 2022, Northern Lights Resources Corp. (“Northern Lights” or the
“Company”) (CSE: NLR, OTC: NLRCF) is pleased to announce start of the 2022 exploration program at the
Medicine Springs Silver Project (“Medicine Springs”), located in Elko County, Nevada, that the Company is
exploring in joint venture with Reyna Silver Corp. (Reyna Silver).
The 2022 exploration program at Medicine Springs will include a 5,000 to 7,000 metre drill program targeting
the discovery of a large scale Carbonate Replacement Deposit (CRD) system. Drill permitting is underway
and work is commencing immediately on additional field studies to further refine drill targets. Drilling is
expected to commence in Q3/Q4 2022.
Norhern Lights CEO, Jason Bahnsen commented “We are delighted to have work underway at Medicine
Spings leading to the upcoming 5,000 to 7,000 metre drill program. The Medicine Springs Project has
the potential to host large scale CRD silver and base metals mineralizaton and we are looking forward
to seeing the results of this initial drill program.”
Figure 1 – Medicine Springs Project Area Showing Proposed Drilling Area
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Under the terms of the Opton/JV agreement between Northern Lights and Reyna Silver, Reyna Silver are
earning up to 80% of the Medicine Springs Project. Northern Lights does not contribute to project exploration
expenditure until tota l exploration expenditures have exceeded US$4.0 million. (See the Northern Lights
announcement dated October 5, 2020 for full details of the Option/JV agreement with Reyna Silver.)
In 2021, Reyna Silver conducted a Selective Jasperoid Sampling survey foc used on the prominent NE
trending, multi-stage jasperoids that cut across the property along the inferred principal hydrothermal fluid
pathways. The results show zoning of Copper, Lead-Zinc, and Silver and are interpreted to indicate a multi -
stage high-level mineralization center at depth. Comparison of the field data to Reyna’s CRD continuum
exploration model supports the idea that the full CRD spectrum is present within the Medicine Springs project
area.
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 mineralization 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: [email protected]
Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
Email: [email protected]
Tel: +1 604 608 6163
Shawn Balaghi, Investor Relations
Email: [email protected]
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 Ne vada 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.
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CAUTIONARY S TATEMENT 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 infor Addmation, future events or otherwise, except
as required by law.