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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 signs key mining tech agreement - ICYMI
Proactiveinvestors NA· 2025-11-29 13:12
Northstar Gold Corp. (CSE:NSG) CEO Brian Fowler talked with Proactive about the company's latest master project agreement involving several technology and engineering partners to advance its Cam Copper project. Fowler explained that the agreement includes collaboration with Digital, a Canadian innovation cluster established in 2018, and Novamera, a private Ontario company with a proprietary surgical mining technology. The partnership also involves Micon International, an independent mining consultancy that ...