Northstar Gold Signs MOU with Hunan Nonferrous to Explore and Develop Miller Copper-Gold Property

Proactive - Interviews for investors

Northstar Gold Corp CEO Brian Fowler shared exciting news with Proactive about the company’s signing of a non-binding memorandum of understanding (MOU) with China-based Hunan Nonferrous Geological Exploration. The MOU grants Hunan Nonferrous the rights to explore and develop a near-surface NI43-101 gold mineral resource at Northstar’s 100%-owned Miller Copper-Gold Property in Ontario. The agreement involves up to 10,000 meters of diamond drilling, with Hunan Nonferrous earning a negotiated interest in the resulting gold resource. Hunan Nonferrous has accepted Northstar’s invitation to conduct due diligence site inspections in early October, with a team of specialists set to visit Northstar’s offices and facilities in New Liskeard and Earlton, Ontario, as well as the Miller Copper-Gold Property. Following the site inspections, both parties will enter good faith negotiations to finalize the earn-in terms, scope, and timeline, aiming to formalize a binding Cooperative Agreement for the development of the gold mineral resource. #proactiveinvestors #northstargoldcorp #cse #nsg #HunanNonferrous #GoldExploration #MiningPartnership #MillerGoldProperty #DiamondDrilling #NonDilutiveFinancing #ProactiveInvestors #MiningNews #GoldInvestments #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews