Northwire Canada EditionTuesday, September 22, 2026
Northwire
GOLD 4383.90 −0.9% SILVER 66.53 −0.9% COPPER 6.79 +1.5% OIL 92.37 −3.9% PALLADIUM 1319.50 +0.0% MSC 0.020 +0.0% BRON 0.050 +0.0% ELD 59.44 −1.4% GBML 0.220 +0.0% SUM 1.59 +0.0% ABC 0.015 +0.0% ELE 30.45 +2.2% CDE 27.46 −0.7% LIB 0.990 +1.0% SLVR 1.17 +0.0% NVO 0.075 −6.2% BRO 0.235 +2.2% FMAN 0.415 +0.0% HVG 0.050 +0.0% MSV 0.540 +16.1% SCD 0.185 −2.6% GOLD 4383.90 −0.9% SILVER 66.53 −0.9% COPPER 6.79 +1.5% OIL 92.37 −3.9% PALLADIUM 1319.50 +0.0% MSC 0.020 +0.0% BRON 0.050 +0.0% ELD 59.44 −1.4% GBML 0.220 +0.0% SUM 1.59 +0.0% ABC 0.015 +0.0% ELE 30.45 +2.2% CDE 27.46 −0.7% LIB 0.990 +1.0% SLVR 1.17 +0.0% NVO 0.075 −6.2% BRO 0.235 +2.2% FMAN 0.415 +0.0% HVG 0.050 +0.0% MSV 0.540 +16.1% SCD 0.185 −2.6%
Drill Results Routine +

Northstar Advances Dual Gold and Copper Projects at Miller Property amid Record Gold Prices and Renewed Kirkland Lake Exploration Activity

Northstar Gold Corp.

Executive Summary
  • The May 14, 2026 release confirms progress on the Miller Copper-Gold Property, specifically the Allied Gold Zone and Cam Copper Project.
  • Exploration targets for Allied Gold Zone are conceptual estimates of 250,000 - 500,000 near-surface ounces grading 1.39 - 2.04 g/t Au.
  • Recent drilling at Cam Copper confirmed high-grade copper mineralization (e.g., 14.8% Cu over 2.45 metres).
  • The Company secured access to up to $4.0 million in co-investment funding from DIGITAL and raised approximately $1.9 million through various offerings since late December 2025.
  • A 2026 drill program is planned to expand the Allied Gold Zone and test deeper gold-copper structural feeder zones.
  • Surgical Mining technology partnership with Novamera Inc. continues for the Cam Copper Project.
Material Impact
  • The news validates previous announcements made in January regarding DIGITAL funding ($4M) and the Surgical Mining pilot, rather than introducing new valuation drivers.
  • Price action from January 2026 (spike to $0.09) suggests the market had already priced in the strategic partnership and funding approval; current price of $0.05 reflects a consolidation phase.
  • Drilling results are incremental updates consistent with the definition drilling program announced in late 2025, confirming high-grade intercepts but not yet defining a resource estimate.
  • The confirmation of funding ($1.9M raised + DIGITAL access) reduces immediate liquidity risk for the pilot phase but does not alter the long-term capital requirements significantly compared to prior disclosures.
  • Given the lack of surprise elements relative to the January 28, 2026 announcement which drove the stock peak, this is classified as Routine - Positive rather than Material - Positive.
NSG · Price
Company Overview
  • Company: Northstar Gold Corp., focused on the 100%-owned Miller Property in Kirkland Lake, Ontario.
  • Flagship Project: Cam Copper Project (Zone 2) targeting high-grade VMS copper mineralization using Surgical Mining technology.
  • Secondary Asset: Allied Gold Zone within the Miller Property, conceptual target of up to 500,000 ounces gold.
  • Technology Partner: Novamera Inc., providing turnkey surgical mining services with a 5% revenue share.
  • Strategic Funding: DIGITAL (Canada's Global Innovation Cluster) approved for $4M co-investment towards the ~$11M project budget.
Read the original news release →

More from Northstar Gold Corp.