Northstar Gold secures $4M for Cam Copper Project - ICYMI
Proactiveinvestors NA·2026-01-31 14:02

Core Viewpoint - Northstar Gold Corp. has secured up to $4 million in funding from DIGITAL to advance its Cam Copper Project, utilizing innovative "surgical mining" technology developed by Novamera, which aims to minimize environmental impact while targeting high-grade mineralized zones [1][6]. Funding and Partnerships - The funding from DIGITAL, a federally funded agency, will support the implementation of surgical mining technology and is part of a larger project approved for up to $11 million, with Northstar and Novamera sharing the funding [6][7]. - Northstar has engaged in partnerships with Novamera and Micon to help absorb costs associated with the project, enhancing the financial viability of the initiative [8]. Project Details - The Cam Copper Project is located 18 km southeast of Kirkland Lake, Ontario, where Northstar previously intersected a notable interval of 14.5% copper over 2.5 meters in 2023 [2][4]. - Surgical mining involves rotary drilling techniques that allow for the direct collection of mineral cuttings, which can be sent to a mill, representing a low-impact mining approach [5]. Future Plans and Timeline - Northstar plans to conduct further infill diamond drilling in the No. 2 Zone at the Cam Copper Project, with significant assay results expected to be announced next month [9]. - The results will update the geological model, which will be reviewed by Novamera to finalize mining projections, and will be incorporated into a 43-101 report overseen by Micon for mine permitting applications [10].

Northstar Gold secures $4M for Cam Copper Project - ICYMI - Reportify