Production / Operations
Northern Lights Resources Highlights Gold and Silver United States Portfolio

NLR · Price
Executive Summary
- Northern Lights Resources Corp. highlighted its strategic royalty interest (1% NSR) on the Medicine Springs Project in Nevada and its 100%-owned Secret Pass Gold Project in Arizona.
- The company outlined a technically driven exploration program for Secret Pass slated for 2026, including data integration, geological model refinement, and updated recompilation led by geologist Steve McMullan.
- Management emphasized that the royalty provides non‑dilutive upside while the owned project offers significant discovery potential, aligning with its disciplined exploration strategy for shareholder value creation.
Key Details
- Medicine Springs Project – 1% NSR Royalty
- Located in Ruby Mountain Valley, NE Nevada; optioned and operated by Torex Gold Resources Inc. (TSX: TXG).
- Historical work identified potential silver, lead, zinc, copper, and gold mineralization across carbonate replacement, porphyry, and skarn styles.
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Viewed as a strategic, non‑dilutive asset delivering long‑term optionality and leverage for future development or transaction activity.
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Secret Pass Gold Project – 100% Owned
- Situated in the historic Oatman–Katherine gold district, NW Arizona with excellent infrastructure and year‑round access.
- Prior drilling, surface sampling, and geophysical work provide a robust data foundation.
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2026 exploration plan includes:
- Comprehensive review & integration of historical geological, geochemical, and geophysical datasets.
- Refinement of the geological model to accelerate development cycles and optimize drill targeting.
- Updated recompilation led by Steve McMullan, PDAC award‑winning geologist.
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Strategic Outlook
- Company will maintain disciplined exploration while advancing projects with highest shareholder value potential.
- Combination of direct upside at Secret Pass and non‑dilutive royalty exposure at Medicine Springs positions the firm for multiple value‑creation pathways.
Notable Quotes
- Luka Capin, Chief Executive Officer: “The combination of direct exploration upside at Secret Pass and non‑dilutive optionality through the Medicine Springs NSR royalty positions the Company with multiple avenues for value creation.”
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Jun 18, 2026 · 07:30