northern empire and sonoro announce results from hilltop

advertisement
Source
Marketwire
Date 10/22/2015
Time 06:01:18 AM
Company
NORTHERN EMPIRE RESOURCES CORP.
Title Northern Empire and Sonoro Announce Results From Hilltop Phase 2
Exploration
CDNX Symbol: NM
Press Release
NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: Northern Empire Resources Corp.
TSX VENTURE SYMBOL: NM
October 22, 2015
Northern Empire and Sonoro Announce Results From Hilltop Phase 2
Exploration
Soil sampling expands known gold footprint and trench resampling
highlights
include 11.7 g/t Au and 26.5 g/t Au
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 22, 2015) - Northern
Empire
Resources Corp. (TSX VENTURE:NM) ("Northern Empire"), and Sonoro Metals
Corp.
("Sonoro"), today announced results from the Phase 2 exploration program
at the
Hilltop Gold Project ("Hilltop") located 70 km SE of Fairbanks, Alaska,
USA.
Phase 2, conducted in August and September, includes the collection of
355 soil
samples, 42 rock samples, and the resampling of a specific section of
trench 5
from Phase 1.
"The Phase 2 exploration program has expanded the known gold footprint at
the
Hilltop South and Hilltop North areas, highlighted new prospective target
areas, demonstrated a clear association between gold values and Intrusive
Related Gold pathfinder elements in both rock/trench samples and soils,
and
returned higher gold values than this spring's trenching program," stated
Northern Empire's Chairman, John Robins.
Kenneth MacLeod, President and CEO of Sonoro added: "The exploration
results
from both Phase 1 and 2 at Hilltop have exceeded our expectations and
support
our belief that the Richardson Gold District will emerge as one of the
most
exciting areas for gold exploration in Alaska as we advance this project.
We
look forward to building on our exploration successes in 2015 in the near
future."
Highlights from Phase 2 include:
/T/
-- During the period between the Phase 1 and Phase 2 exploration
programs,
erosion at trench 5 exposed a larger portion of an Arsenopyrite-bearing
quartz vein sampled in Phase 1. Resampling of trench 5 during Phase 2
returned high grade gold values averaging 9.71 g/t Au over 4 m. Phase 1
results (see news release of August 10, 2015) for this same interval
were 2.337 g/t Au. The resampling highlighted gold in rock samples of
11.7 g/t Au from 0-1 m and 26.5 g/t Au from 1.0 to 2.0 m in trench 5;
-- Gold values in the Phase 2 soils range from 2.5 to 60 ppb and exhibit
a
positive correlation with Intrusive Related Gold ("IRG") pathfinder
elements, including As, Bi, Sb, Te, W, and Pb;
-- Infill soil samples were collected in the area of the due diligence
sampling in Phase 1 (Hilltop South). Assay results have expanded and
substantiate a strong east to west trending gold in soils anomaly
measuring 1.8 km long by 500 m wide;
-- Infill soils were collected at Hilltop North in the area of anomalous
top of bedrock soils which were collected during the 2011 season by a
previous exploration group. Infill lines along previously sampled
anomalous soils further confirmed the anomalous nature of the gold in
soils values and also better defined the anomalous area to 100 m spaced
lines (previously 200 m spaced lines);
-- Anomalous reconnaissance soil samples and rock float samples
collected
in the Mosquito Creek drainage area (6 km SW of Hilltop) highlight this
area for potential follow-up work in 2016;
-- Infill soil samples collected between sections of anomalous sample
lines
(500 m line spacing) collected in Phase 1 at the Birch Hill Conductor (3
km SW of Hilltop) further highlight the anomalous nature of this zone.
/T/
To view a map of the Hilltop Gold Project, please visit Northern Empire's
website at http://www.northernemp.com/projects/hilltop/.
Geologic Description
The Hilltop Gold Project is located 70 km ESE of Fairbanks, Alaska and
sits
within the boundaries of the Yukon Tanana Terrain (YTT) which extends
from
West-central Alaska well into the Yukon. The YTT consists of deformed and
variably metamorphosed mid Paleozoic and older sedimentary, volcanic and
plutonic rocks intruded by Mid-Cretaceous and early Tertiary plutonic and
minor
volcanic rocks. Locally, Hilltop sits within the 40-km long, northwest
trending
Richardson Gneiss Dome which is cored by a central migmatite, mantled by
gneiss
and surrounded by lithologically equivalent schist (Noyes el al., 2006).
Bedrock at Hilltop is dominated by a flat lying, broadly folded, quartz
dominated muscovite-sericte-biotite schist. Within trenches, this schist
varies
from muscovite sericite to quartz-muscovite biotite to quartzite.
Metamorphic
grade is upper greenschist. Folding here is low amplitude with
wavelengths from
0.5 m to 2 meters. Quartz veins are common, flat-lying and conformable to
the
schist foliation ranging in thickness from 2 cm to 0.4 m. Local steeply
dipping
and cross cutting quartz veins to 1 m in width have been mapped and
sampled
within trench boundaries.
Within the Richardson/Hilltop Property boundaries, other lithologies
present
include Quartz-Feldspar Porphyry, Massive quartzite, graphite schist and
quartz
boulders.
Analytical Procedures
All soil samples were sent to Activation Labs in Ancaster Ontario, an ISO
accredited Laboratory. Gold analysis was by FA-AA (Fire Assay - Atomic
Absorption), details of the procedure can be found at:
http://www.actlabs.com/page.aspx?page=473&app=226&cat1=549&tp=12&lk=no&me
nu=64
Soil samples were also subjected to Enzyme Leach analysis. Details of the
procedure can be found at:
http://www.actlabs.com/page.aspx?page=746&app=226&cat1=549&tp=12&lk=no&me
nu=64
Rock samples from the trenches were assayed using ICP-MS (Inductively
Coupled
Plasma - Mass Spectrometry) and FA-AA and submitted to ALS Chemex in
Fairbanks,
Alaska.
On-site Quality Assurance/Quality Control ("QA/QC") Measures
Soil samples are collected in the field using wet strength Kraft bags.
Samples
returned to the field office are organized and dried before shipping,
making
sure that physical and hydromorphic contact between bags does not occur.
Once
dry, the sample bags are placed into labelled, secure rice sacks for
shipment.
Northern Empire has implemented a quality-control program to comply with
best
practices in the sampling and analysis of field collected samples. This
program
includes inserting field duplicates, standards and blanks, equivalent to
10% of
the sample set, into the sample stream.
About the Hilltop Gold Project
Hilltop is an exploration-stage gold project located 70 km southeast of
Fairbanks, Alaska, and 70 km northwest of Delta Junction in east-central
interior Alaska. Gold producers in the region are Sumitomo's Pogo mine
(4.973
million ounces at 12.5 g/t Au) located 75 km to the east and Kinross's
Fort
Knox mine (3.8 million ounces at 0.45 g/t Au) located 135 km to the
north.
The 31,960-acre (12,836 hectares) Hilltop property is bordered on the
south by
the all-weather and paved Richardson highway. In addition, Hilltop is
proximal
to high-power electrical transmission lines and the Trans-Alaska
pipeline.
Access into the interior of the property from the Richardson highway is
via a
new system of logging roads and trails which makes most points within
Hilltop
accessible for exploration activities.
Northern Empire holds a 100-per-cent interest in the Hilltop property
within
the broader Richardson gold district (excluding placer gold). Northern
Empire
has granted Sonoro an option to earn a 60-per-cent interest in Hilltop
through
the expenditure of $3-million on exploration activities at Hilltop and
the
issuance of 1,000,000 Sonoro shares to Northern Empire prior to Dec. 31,
2019.
William J. (Bill) Cronk, P.Geo., Northern Empire's Qualified Person,
reviewed
and approved the technical information contained in this news release.
About Northern Empire
Northern Empire is a newly formed company which will follow the "Project
Generator" business model to take advantage of the depressed market
conditions
in the resource sector to acquire low acquisition and low holding cost
properties with significant exploration potential.
A Project Generator identifies, acquires, and performs early stage
exploration
on compelling exploration targets before finding project partners to bear
the
financial risk associated with advanced exploration.
Northern Empire's experienced board and management team feels that
executing
the Project Generator business model is the most practical way to provide
investors the potential excitement and value creation of mineral
discoveries,
without the financial risks and equity dilution of standard exploration
programs.
ON BEHALF OF THE BOARD OF NORTHERN EMPIRE RESOURCES CORP.
James R. Paterson, Director, President and CEO
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This press release includes "forward-looking statements" including
forecasts,
estimates, expectations and objectives for future operations that are
subject
to a number of assumptions, risks and uncertainties, many of which are
beyond
the control of Northern Empire Resources Corp. The option to Sonoro
described
above is subject to a number of conditions precedent, and there is no
assurance
that (i) all conditions will be satisfied, (ii) the option will occur on
the
bases outlined above, or close at all; or (iii) if closed, that the
option will
be exercised. Statements regarding mineral exploration operations and
objectives are subject to risk, including, but are not limited to,
exploration
and geologic risk, inflation and costs of goods and services, property
title
issues and regulatory approvals. Investors are cautioned that any such
statements are not guarantees of future performance and that actual
results or
developments may differ materially from those projected in the forwardlooking
statements. Such forward-looking information represents management's best
judgment based on information currently available. No forward-looking
statement
can be guaranteed and actual future results may vary materially. Northern
Empire does not assume the obligation to update any forward-looking
statement,
except as required by applicable law.
- 30 CONTACT INFO:
Northern Empire Resources Corp.
Jeff Sundar
V.P., Corporate Development
604 764 5944
INDUSTRY: Manufacturing and Production - Mining and Metals
SUBJECT: MEX - MINING EXPLORATION UPDATE
---------------------------------------------Suite 900, 25 York Street, Toronto, ON M5J 2V5
Toll Free:888-299-0338
Phone: 416-362-0885
info@marketwired.com
---------------------------------------------If you no longer want to receive
announcements from us, please do not reply to this e-mail.
Instead simply click
http://marketwire.com/mw/fmu.jsp?id=546209156
Download