Corporate Update - Secret Pass/Medicine
Project Exploration Update
Vancouver, British Columbia . July 13, 2021, Northern Lights Resources Corp.
(“Northern Lights” or the “Company”) (CSE: NLR, OTC: NLRCF) is pleased to announce
an update on the Company’s exploration activities at the Secret Pass Gold Project in
Arizona and the Medicine Springs Silver Project in Nevada.
Secret Pass Gold Project
At Secret Pass, Northern Lights has completed 4 drill holes (2 holes at the Fiery Squid
Prospect, 1 hole at the 9 Second Shaft Prospect, 1 Hole at the Fluorspar Ridge Prospect)
for a total of 600 metres of HQ core (see Figure 1) . The assays are pending and are
expected to be completed during July.
Permits are in place to drill at Tin Cup. Drilling at Tin Cup has been put on hold for a
couple of weeks during the current period of extremely hot weather in Arizona and Nevada
with temperatures averaging +40 degrees celsius. Drilling at Tin Cup is to commence in
mid-July.
Medicine Spring Silver Project - JV with Reyna Silver Corp
Northern Lights is exploring the Medicine Springs Project in joint venture with Reyna
Silver Corp. (TSX.V: RSLV) with Reyna having the option to acquire 75% of the project
by completing total exploration expenditures of US$4 million. Reyna Silve r is acting as
the operator for the project exploration work under the guidance of Dr. Peter Megaw. (See
October 5, 2020 announcement for complete terms of the Option/Joint Venture
agreement with Reyna Silver.)
Work is underway at Medic ine Springs with a Lidar type mapping survey and sampling
programs to be completed in July / August over the total expanded project claim area
(approximately 4,830 Hectares – 573 mineral claims). This district-scale mapping and
sampling program will be used to generate drill targets for identifying the large-scale
silver-zinc-lead anomalies identified by Northern Lights exploration work completed from
2018 to 2020. (see Figure 2)
Reyna Silver ha s produced an updated and expanded video taken at the Medicine
Springs Project in May 2020. In the video , Dr. Peter Megaw outlines the large -scale
potential of the mineralization system at Medicine Springs and the strategy for exploring
the project with the target to confirm future drill targets as soon as possible. (see Medicine
Springs - Dr. Peter Megaw June 2021 ).
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Figure 1 –Secret Pass Project Drill Hole Locations
Figure 2 – Medicine Springs Project Mineral Claims
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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
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 Nevada where Northern Lights are in joint venture with Reyna Silver Corp (TSX.V
“RSLV”), (25% Northern Lights / 75% Reyna Silver).
Northern Lights Resources trades under the ticker of “NLR” on the CSE exchange and
“NLRCF” on the OTCQB exchange . 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 a ssumptions 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.