Northern Lights Resources Completes Geophysical Surveys in Nevada
Medicine Springs Project – Completion of Geophysics
Survey Work
January 7, 2019 CSE Symbol: NLR
Vancouver, British Columbia. Northern Lights Resources Corp. (the “Company”) is
pleased to announce the completion of geophysical survey work on its Medicine Springs
silver-zinc-lead project located in Elko County, Nevada.
As part of its 2018 field season work on the Medicine Springs project (see NLR
announcement dated Nov 7 “Medicine Springs Project Update and Exploration Plan”),
NLR has completed two geophysical survey programs on the Medicine Springs Project.
1) CSAMT/IP Reinterpretation
In 1997-1998, Cominco American Inc. carried out Controlled Source Audio-frequency
Magnetotellurics (CSAMT) and Induced Polarization (IP) geophysical surveys over the
Medicine Springs Property. Cominco completed nine lines of CSAMT and a single line
of IP.
Northern Lights engaged Zonge to complete a 2D inversion of the Cominco
geophysical data.
2) Aeromagnetic Survey
In August 2018, Northern Lights engaged MWH Geosurveys to acquire aeromagetic
data over the entire license area. The data was acquired using a quad-copter drone
and a towed cesium vapour magnetometer. Line spacing was 50m and t he flying
height was nominally 30m. The magnetometer sampled at 10Hz resulting in a nominal
along ground sample interval of 0.7m. A total of 810 line km of aeromagnetic data was
acquired.
The results of both the CSAMT/IP and Aeromagnetic surveys were reviewed by
GeoExplore Pty Ltd, an Australian based geophysical consulting firm.
While the known mineralization of the Medicine Springs Project does not have a clear
geophysical signature, the survey results have identified six key target zones for
mineralization based on structure and proximity to interpreted intrusive dykes. These
targets lie at an approximate depth range of several hundred meters from surface. The
geophysical target comprise 2 types, flat lying carbonate replacement targets and sub-
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vertical target associated with intrusive dykes. The recommended geophysical targets,
drill hole locations and the location of the interpreted intrusive dykes are illustrated on
Figure 1.
Figure 1: 3D model showing magnetic interpreted structures, drill hole collars (orange) ,
CSAMT lines (dotted green line) and interpreted intrusive dykes (dashed black line)
overlain on an isosurfaces of 0.00075 SI.
Medicine Springs Target Zones
M-1 is the SSW extension of the Golden Pipe trend in an area that lacks drilling.
M-2 lies adjacent to the Golden Pipe trend and from a structural perspective has many
analogues with Golden Pipe and the northern half of the anomaly is coincident with
strong Pb-Zn soil anomaly identified by USMX in the 1980s.
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M-3 follows a fault which has an ENE-WSW orientation, and which has already
attracted several historical very shallow drill holes.
M-4 is a parallel structure which does not appear to have attracted past attention.
M-5 is the structure identified in the CSAMT which crosses a line between the Golden
Pipe trend and drill hole JS-105.
M-6 covers a structure parallel to the Golden Pipe trend which is associated with
magnetic zones, interpreted as intrusive dykes.
Northern Lights is waiting for the assay results for the Ionic geochemical soil sampling
program that was completed in November 2018.
A future compilation of the detailed surface mapping and outcrop sampling, geophysics,
historic exploration drilling data and the geochemical soil survey results is expected to
further define exploration targets for both the oxide and carbonate replacement target
zones.
There are two key exploration targets for the Medicine Springs Project:
1) Further definition of the large zone of oxide mineralization identified by previous
drilling campaigns (depth to min of 180 meters); and
2) The discovery of an economic carbonate replacement sulphide deposit at depth
below the oxide zone.
Northern Lights, Head of Geology, Gary Artmont commented “The results of the
geophysical surveys are further support for the continued exploration and drilling of the
Medicine Springs Project. There are six key target zones identified in addition to the
deep zone of partially oxidized mineralization extending from surface to a minimum of
180 metres depth observed in drill hole JS-105 which is located approximately 900
metres NNE of the Golden Pipe prospect.”
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth oriented exploration and development
company with two advanced exploration projects:
1. Medicine Springs Project – Northern has entered into an agreement to acquire
100% equity interest in the Medicine Springs Project, a prospective zinc-lead-silver
property located in southeastern Elko County, Nevada. The Medicine Springs
property consists of 149 unpatented mineral claims (1,189 hectares) and is an
advanced exploration project with extensive drilling and many signif icant silver-
zinc-lead intercepts; and,
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2. Del Undur Project – Northern has entered into an agreement to acquire 100%
equity interest in Del Undur polymetallic and titanium exploration project located in
in northeastern Mongolia.
The geological information in this news release has been reviewed by Mr. Gary Artmont,
Head of Geology for Northern Lights and is a Qualified Person under the guidelines of
National Instrument 43-101.
Northern Lights Resources trades under the ticker of “NLR” on the CSE. This and other
Northern Lights Resources news releases can be viewed at www.sedar.com and
www.northernlightsresources.com.
For further information, please contact:
Albert Timcke, Executive Chairman and President
Email: [email protected]
Tel: +1 604 608 6163
Or
Jason Bahnsen, Chief Executive Officer
Email: [email protected]
Tel: +1 604 608 6163
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 . Forward -looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable, are subject to kno wn 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 busin ess, 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 obliga tion to update or revise any forward -looking statements, whether as a result of new
information, future events or otherwise, except as required by law.