Vancouver, B.C., November 2, 2020. Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company”) reports the Company has acquired by way of purchase agreement the Rosegrove Property, situated 16 km south of the town of Kirkland Lake and Kirkland Lake Gold’s Macassa SMC gold mine, and 1.5 kilometres northwest of Northstar’s flagship Miller Gold Property, where the Company recently completed a 5,023 metre, 28 hole diamond drill program targeting near-surface high-grade and bulk-tonnage gold-telluride mineralization. The purchase price is $10,000 (Cdn.) and the issuance of 50,000 common shares of Northstar.
About the Rosegrove Property
The Rosegrove Property consists of 19 contiguous mining claims containing 52 cells, represents an area of about 1,200 ha and is situated immediately north of the historic Boston Creek Gold Camp. The acquisition of the Rosegrove Property more than doubles Northstar’s Boston Creek area land package, which now totals 2,300 ha – see Figure 1 below