2021 News | Northstar Gold Corp.

Two separate and spectacular Allied Syenite gold-telluride vein intercepts from drill hole MG21-56 were sampled and submitted for fire assay and gravimetric finish on a rush basis.

The 2 samples with abundant visible gold and tellurides, along with 5 others containing traces of visible gold or telluride mineralization from drill hole MG21-56 have been submitted for follow-up metallic screen analysis.

“Miller Property drilling continues to return exceptional “Kirkland Lake-style” high-grade gold-telluride intercepts within the Allied Syenite, states Brian Fowler, President, CEO and Director of Northstar.

Phase II drilling at the Allied Syenite has succeeded in expanding the near surface, Allied Syenite Gold Zone, 60 metres to the northwest of hole MG20-47, with a previously reported Vein 2 average grade of 1.81 g/t Au over a true width of 15.2 metres .

The Independence Fault intersects a broad approximately 200m wide second order northwest striking deformation zone or splay off the Catharine Fault Zone called the “Allied Deformation Zone” within the Allied Syenite.

The abundant cross fracturing along the line of intersection possibly created a zone of enhanced permeability with subsequent introduction of gold, bismuth and tellurium bearing magmatic hydrothermal fluids along a geothermal gradient extending to depth.

Metallic screening will be performed on 16 samples from holes MG21-55 and MG21-56 associated with core intervals hosting coarse visible gold or gold tellurides.

Northstar has implemented a quality control program for its Miller Gold Property to ensure best practice in the sampling and analysis of the drill core, which includes the insertion of blanks, duplicates, and certified standards into the sample stream.

Based on initial fire assay gold indications as well as visual indication of mineralization and alteration, intervals are selected for re-assay by the screen metallic fire assay method.

Trevor Boyd, PhD, P.Geo., a ‘Qualified Person’ as defined under Canadian National Instrument NI 43-101, has prepared and reviewed technical aspects of this news release.

Northstar spent $2 million in exploration at Miller in 2020, resulting in the expansion / discovery of four new high-grade vein structures and the near-surface bulk-tonnage Allied Gold Zone.

Northstar has 3 additional 100%-owned exploration projects in northern Ontario, including the recently acquired 1,200 ha Rosegrove Property situated 0.5 km from the Miller Gold Property, the 4,500 hectare Bryce Property, an intrusive-gold / PME VMS project located along the projected east extension of the Ridout Break, and the recently expanded Temagami-Milestone Cu-Ni-Co Property located in Strathcona Township.

which may cause actual results, performance or achievements of Northstar Gold Corp to be materially different from the results, performance or expectation implied by these forward looking statements.

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