Drilling at Paulsens returns results of up to 420gpt
Latest intersections underpin confidence in the continuity and strength of Paulsens’ high-grade mineralisation
The significant results support Northern Star’s key objectives of keeping its costs low and its cashflow strong
Ore development of Voyager 2 lode is underway; Voyager 1 and 2 lodes will be mined in parallel
Significant results from Voyager 1 include (uncut):
? 4.1 m @ 82.8 gpt gold (true width 2.6m) 520mRL UZ including 0.3m @ 420 gpt and 0.3m @ 251 gpt
? 2.4m @ 113.8 gpt gold including 0.5m @ 357gpt
? 1.4 m @ 104.1 gpt gold
? 4.8 m @ 29.0 gpt gold
? 8.8 m @ 25.3 gpt gold
? 7.8 m @ 15.1 gpt gold
? 7.9 m @ 15.0 gpt gold
? 5.4 m @ 14.8 gpt gold
? 4.9 m @ 14.3 gpt gold
? 7.5 m @ 12.6 gpt gold
(true width 1.7m) 444mRL UZ2
(true width 1.1m) 480mRL UZ2 (true width 2.3m) 439mRL UZ (true width 5.4m) 461mRL UZ2 (true width 6.7m) 502mRL UZ (true width 4.8m) 445mRL UZ (true width 5.3m) 488mRL UZ (true width 4.3m) 490mRL UZ (true width 5.5m) 450mRL UZ
? 4.9 m @ 26.6 gpt gold including 0.3m @ 161 gpt
? 1.4 m @ 46.6 gpt gold
? [email protected]
? 0.9 m @ 32.4 gpt gold
(true width 2.7m) 520mRL UZ
(true width 1.0m) 412mRL UZ (true width 4.0m) 496mRL UZ (true width 0.8m) 394mRL UZ
Further assays pending for Voyager 1 and 2 lodes
Northern Star Resources Limited (ASX: NST) is pleased to announce that its key objectives of keeping costs low and cashflow strong have received another boost from more outstanding drilling results at its Paulsens Gold Mine in WA.
The results highlight the strength and continuity of the Paulsens mineralisation and will be included in this month’s resource estimation (see Figure 1).
Northern Star Managing Director Bill Beament said this was important because it showed that the high-grade, consistent nature of the mineralisation would ensure that the Company continued to be among the lowest cost producers in the industry.
This in turns paves the way for maximising cashflow and Shareholder returns, including dividends.
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