Northern Lights Resources Announces Application for a Mult-Year Exploration Permit for the Horetzky Copper Project
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Northern Lights Announces Application for a Multi-Year Exploration
Permit for the Horetzky Project
Vancouver, British Columbia, February 19, 2025, Northern Lights Resources Corp.
(“Northern Lights” or the “Company”) (CSE:NLR , OTC: NLRCF) is pleased to announce
that it has applied for a multi -year area-based exploration permit (MYAB Permit) for the
Horetzky Project.
Northern Lights CEO, Jason Bahnsen, commented “ The filing of the application of the
MYAB Permit for the Horetzky Project is an important first step in the execution of our
exploration plan. Our initial compilation flags the core of what we believe to be the largest
copper soil anomaly in the Babine porphyry belt and has not yet been tested by drilling.
The plan for this year includes the drilling of up to 20 drill holes at 5 sites within the copper
anomaly zone (see Figure 1). With the recent removal of the Mirabel debt overhang,
Northern Lights is now well positioned to drive the exciting Horetzky Project forward”
The Horetzky Project MYAB Permit
Northern Lights has applied for a five -year MYAB exploration permit with the British
Columbia Ministry of Mining and Critical Metals ( “BC MMC M”) to conduct exploration
activities on the Horetzky Project located in the Babine Porphyry Belt in Central British
Columbia. The MYAB permit includes an application to complete up to 100 diamond core
exploration drill holes and up to 250 metres of exploration trenching on the Horetzky
Project. The MYAB permit is subject to review by applicable First Nations groups
associated with the Horetzky Project. Pending approval of the MYAB permit, Northern
Lights intends to begin exploration work on the Horetzky proj ect in July 2025 including
diamond drilling of the copper anomaly zone identified by historical soil and rock sampling
located to the south of 1973 drill locations (see Figure 1).
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Figure 1 – Horetzky Project Exploration Plan Year 1
Qualified Person Statement
Information in this report relating to exploration results and permit applications 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
Albert Timcke, Executive Chairman and President
Email: [email protected]
Tel: +1 604 608 6163
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Jason Bahnsen, Chief Executive Officer
Email: [email protected]
Tel: +1 604 608 6163
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth -oriented exploration and development
company advancing two key projects: the Horetzky Copper Project, located in the Babine
Porphyry belt of central British Columbia and the 100% owned, Secret Pass Gold Project
located in Arizona. Northern Lights also holds a 1% NSR royalty on the Medicine Springs
Silver Project in Nevada owned by Reyna Silver Corp.
Northern Lights Resources trades under the ticker of “NLR” on the CSE and on the OTC
under the ticker “NLRCF”. 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 pl acement; use of funds; the business and
operations of the Company after the proposed closing of the Offering. There is no assurance any
further advances of funds from the Investor will be forthcoming. 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 surrou nding 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.