Medicine Springs New Project Video Update
Medicine Springs New Project Video Update
Vancouver, British Columbia . September 22, 2021, Northern Lights Resources
Corp. (“Northern Lights” or the “Company”) (CSE: NLR, OTC: NLRCF) is pleased to
announce that the Companies joint venture partner, Reyna Silver Corp. (TSX.V: RSLV,
”Reyna Silver”) has posted an updated video outlining exploration plans at the Medicine
Springs Project in Nevada.
Northern Lights is exploring the Medicine Springs Project in joint venture with Reyna
Silver Corp. (TSX.V: RSLV) . Reyna Silver holds an option to acquire up to 80 % 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.)
Reyna Silver has produced an updated and expanded video taken at the Medi cine
Springs Project this summer . 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 focus to confirm future drill targets as soon as possible
Please click on the attached link to see the video Medicine Springs, Virtual Site Visit -
Reyna Silver.
In the video, Reyna Silver Geological consultant Dr. Peter Megaw makes the following
comments.
• Reyna spent the spring doing an extensive sampling campaign and quadrupling
the land position at the Medicine Springs Project.
• The Company is confident we now control the entire district. An extensive
sampling and mapping campaign was conducted during the summer and
concluded last week. A LiDAR survey is planned as the final step to define our
drill targets.
• As soon as drill targets are identified, the drill permitting will begin. Some areas
of the property have drill permits that would be easy to reactivate and the new
areas we staked the process will be a little bit longer.
• The board of Reyna Silver has approved a budget for an initial 7,000 meters of
drilling, which we are planning to conduct Q2 2022.
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Figure 1 – Medicine Springs Project Mineral Claims
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
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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 oth er 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 discla ims 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.