logo
logo
toggle menu

TSX:NM
$0.9 -0.03

 

Gold exploration and development in Nevada

View Project

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

View Project

Permitted, open-pit, recent-producing mine

View Project

Additional Carlin-style deposits targeted for resource expansion

View Project

Management team with strong success

View Project

Significant Drill Program in 2018

Read More

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

Email Signup

Northern Empire Completes Geophysical and Geochemical Surveys on Richardson Project Multiple Gold Mineralized Structures Identified

Vancouver, B.C. – November 7, 2016 – Northern Empire Resources Corp. (TSXV: NM) (the “Company” or “Northern Empire”) today announced the results and interpretation of 277 line kilometers of ground magnetic geophysical surveys and 1297 geochemical samples (including 10% Quality Control) on the Richardson Project, located within the Fairbanks Mining District of Alaska. 

The geophysical survey validated the known Richardson lineament, and additionally, identified several north-northeast structures that the Company has recently identified as possible controls of high grade mineralization.  One of the geophysically identified structures coincides with recent sampling results, 32 m at 5.73 g/t Au from chip channel sampling as announced on October 18, 2016.

The compilation of this year’s geochemical survey and existing significant datasets generated by Northern Empire and previous workers, when combined with the geophysical survey, has defined several high priority targets. 

Anomalous gold values showed both a strong relationship with underlying structures defined by the 2016 Mag Survey as well as clear associations with pathfinder elements generally associated with the Intrusive Related Gold Model.  Maps showing the results of the geochemical and geophysical survey can be found on the Company’s website.  http://www.northernemp.com/projects/richardson/ .

Michael G. Allen, President, CEO and Director of Northern Empire commented, “The 2016 program at Richardson has exceeded our expectations.  Work to date has identified a 2,000 meter north-northeast  gold in soils anomaly with a coincident geophysical structural complex. An additional 2,000 meters of the geophysical signature is poorly covered by soil data. A second mineralized structure trending northwest has been identified with coincident elevated gold in soils over 1,000 meters with an additional 1,000 meters remaining to be evaluated.  We look forward to our 2017 program where we intend to follow up on the highest priority targets with drilling.”

Geochemical Survey Details

1297 soil samples were collected on the Richardson Project during the 2016 summer campaign. 10% of submitted samples were inserted QAQC samples (1166 soils, 52 blanks, 39 field duplicates, and 40 standards). All samples were delivered to ALS in Fairbanks, Alaska for preparation including drying and sieving to 80% passing 180 mesh. Prepared samples were sent to ALS in Vancouver or Reno and analyzed using ME-MS41W and Au-AA23 (fire assay).

Soils samples were collected at even depths using a power auger with all samples collected at 50 meter spacing along lines that varied from 100 meter spacing on established targets, to 600 meter spacing as a first pass over reconnaissance targets.

Magnetic Survey Details

The magnetic survey was conducted using GEM Systems’ GSM-19T proton precession magnetometers, operating in the WALKING data acquisition mode with a sampling rate of 1 second, along pre-programmed traverses uploaded to a WAAS equipped Garmin 64S handheld GPS unit for subsequent navigation, with the time clocks of both synced at the start of the day. The day’s data acquired was corrected for the diurnal variation of the earth’s magnetic field by comparison to data collected by a similar magnetometer set up as a stationary base, quality checked and stored. The final data set for the survey – a compilation of the many days of traversing – was subsequently sampled at a two-metre interval and smoothed using a low pass filter.

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.  Multiple gold targets have been generated at Richardson, including 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 is 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.

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