Medicine Springs Project - Jasperoid Sampling Results
Medicine Springs Project - Jasperoid Sampling Results
Vancouver, British Columbia. January 12, 2022, Northern Lights Resources Corp.
(“Northern Lights” or the “Company”) (CSE: NLR, OTC: NLRCF) is pleased to announce
the assay results from a jasperoid rock sampling program completed at the Medicine
Springs Silver project that NLR is exploring in joint venture with Reyna Silver Corp.
Result Highlights
Medicine Springs hosts Carbonate Replacement Deposit (CRD) mineralization exposed
at a very high level marked by well -developed multi-stage NE -SW trending jasperoid -
barite veins within an area of approximately 6 km x 6 km. These veins extend well beyond
the areas of historic small-scale mining and very shallow drilling, so Reyna sampled them
systematically to determine if a mineralization center or centers could be defined.
Systematic sampling (657 samples) of these veins throughout a 6 by 6 km area returned
very strong results for Silver with 37 samples returning over 66 g/t Ag, 2 samples returned
assays of over 1,000 g/t Ag. Assays for lead, zinc and copper showed anomalous results
along a prominent NE-S trending structural network.
Dr Peter Megaw, Reyna Silver Corp. Chief Exploration advisor, commented
“Jasperoids typically mark a geochemically -zoned shell around many CRDs worldwide.
This sampling program appears to have narrowed us down to an area with consistently
high metals values where w e will focus some additional fieldwork leading up to an
aggressive drilling program, which we hope to permit and drill in 2022. The results of this
selective sampling program are some of the best I've ever seen from CRD jasperoids.
They appear to support o ur thesis that what we see at Medicine Springs is high -level
leakage from a multi-stage mineralization center at depth.”
Please refer to Reyna Silver Corp. announcement dated January 10, 2022 for further
detail.
QA/QC STATEMENT
Reyna Silver follows industry standard procedures for rock-chip sampling for exploratory
geochemical analyses. Rock chip samples generally weigh between 1 and 3 kg.
Samples were submitted to the certified ALS Global facility in Elko, Nevada where the
entire sample was crushed to 70% passing less than 2mm, then 250g were rotary split
and pulverized to better than 85% passing 75 microns. The pulps were shipped to ALS
Global in Vancouver, British Columbia for analysis. Geochemical analyses were done by
ALS G lobal in Canada under an ISO 1702 Quality management system. Pulps were
analyzed for precious, base -metals, and multi -elements using method code ME -MS41
following an aqua regia digestion. Overlimit values for Ag, Pb, and Zn were analyzed
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using method code s Ag -OG46, Pb -OG46, and Zn -OG46. Multi -element certified
standards, blanks, and duplicates were systematically inserted into the sample stream to
monitor lab performance.
Competent Persons Statement
Information in this report relating to Exploration Resu lts 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 minerali zation 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 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.
CAUTIONARY STATEMENT REGARDING FORWAR D-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 th e proposed private
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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 reasonabl e, 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 an y 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.