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TSX:NM
$0.9 -0.03

 

Gold exploration and development in Nevada

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Highest-grade oxide gold deposit in the western U.S.

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Permitted, open-pit, recent-producing mine

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Additional Carlin-style deposits targeted for resource expansion

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Management team with strong success

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Significant Drill Program in 2018

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About Us

Northern Empire Resources (TSXV: NM; USOTC: PSPGF) is a well-financed gold exploration and development company focused on an emerging gold district in southern Nevada. The Sterling Gold Project hosts four distinct deposits, including a fully permitted, open-pit mine, the Sterling Mine. The Sterling Mine is one of the highest-grade heap leach mines in the western United States. Northern Empire is led by an experienced team of professionals with an exceptional record of creating value for shareholders (Newmarket Gold, Kaminak Gold, Underworld Resources, International Royalty Corp). The Company completed a successful drill campaign in 2017 and will aggressively drill known mineralized zones in 2018 to expand resources and explore for new deposits on its 116 km2 land package.

Walker Lane Trend, Nevada

Sterling Mine

Investor Highlights

  • Fully permitted, open-pit heap leach project in Nevada
  • High-grade oxide gold deposits
  • Existing infrastructure
  • Total inferred resource of 709,000oz at 2.2 g/t Au with 1.0g/t cut-off
  • Exploration upside with district-scale potential
  • Working capital +C$15 million

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Northern Empire Announces Results from Richardson Property, Alaska; Continuous rock chip sample: 32 meters of 5.73 g/t

Vancouver, B.C. – October 18, 2016 – Northern Empire Resources Corp. (TSXV: NM) (the “Company” or “Northern Empire”) today announced assay results from rock chip-channel samples collected from the wall of the historically mined Democrat Pit, in the south western portion of Northern Empire’s Richardson Property, a district scale gold project located near Fairbanks, Alaska. The rock sampling program was part of a summer program conducted by Northern Empire at Richardson, which also included 1298 soil samples (with 10% QAQC), prospecting and 277 line km of geophysics.

Rock chip channel samples were collected in one-meter intervals across 130 meters of the exposed Democrat Pit face.  Samples results varied from a low of 0.016 g/t Au to a high of 90.5 g/t Au, and from a low of 0.23 g/t Ag to a high of 512 g/t Ag.

Select interval assay values from the Democrat Pit rock samples are as follows:

Michael G. Allen, President, CEO and Director of Northern Empire commented, “We’re highly encouraged by the results of the sampling and wish to congratulate our field crews and thank them for their hard work.  Sampling of the Democrat Pit shows the mineralization remains open as the first and final rock chip samples collected along the 130 metre line returned values of 0.31 g/t Au and 0.35 g/t Au respectively.  The Company is still awaiting final results from soil and geophysical surveys which will guide efforts in 2017.” 

The Democrat Pit was the site of a 77,000-ton bulk sample where 2,200 ounces of fine gold were recovered by gravity means from previous operators.

For further information on the Richardson project, and the Democrat Pit visit: http://www.northernemp.com/projects/richardson/

Previous drilling in the Democrat Pit area was largely sub parallel to the structures believed to be hosting mineralization. Based on drill coordinates and results from previous exploration groups, a 3-dimensional evaluation of the data on the Democrat Pit is on-going, with initial interpretation suggesting that both structure and elevation above an intrusive related hydrothermal domain may play important roles in controlling mineralization. 

Richardson Project

The Richardson Project is an exploration stage gold project, held 100% by Northern Empire Resources Corp., located 115 kilometers southeast of Fairbanks and 40 kilometres northwest of Delta Junction in east-central interior Alaska.  The property has seen significant exploration work in the past This work has identified multiple gold targets at Richardson, including the large gold footprint targets at Democrat Pit, Shamrock, and Northwest Camp, which offer multi-million-ounce discovery potential within a 'drive-to' proven Alaskan gold province.

About Northern Empire

Northern Empire in an aggressive, Vancouver based, gold explorer working to take advantage of the current improving market conditions by assembling a value driven portfolio of properties.

The scientific and technical data contained in this news release was reviewed by William J. (Bill) Cronk, P.Geo., a non-independent qualified person to Northern Empire Resources Corp. Mr. Cronk acts as a qualified person “QP” under National Instrument 43-101 Standards of Disclosure for Mineral Projects and is responsible for ensuring that the geologic information provided in this news release is accurate.

Samples were processed by ALS Laboratories.  Samples were submitted to the ALS lab in Fairbanks for Prep work where the sample was crushed and pulverized to 85% < 75 um.  These prepped samples were sent to either Reno or Vancouver for analysis which consisted of a ME-MS61 (48 element four-acid ICP-MS) and Au-AA23 (30g FA-AA finish).

ON BEHALF OF THE BOARD OF NORTHERN EMPIRE RESOURCES CORP.

“Michael G. Allen”

President, CEO and Director

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This press release includes “forward-looking statements” including forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Northern Empire Resources Corp.  Statements regarding mineral exploration operations and objectives are subject to risk, including, but are not limited to, exploration and geologic risk, inflation and costs of goods and services, property title issues and regulatory approvals. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Northern Empire does not assume the obligation to update any forward-looking statement, except as required by applicable law.

For further information contact:

Michael G. Allen, President, CEO and Director or Jeff Sundar, DirectorTel: 604 646 4524
Tel: 604 646 4524   Tel: 604 764 5944