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Nostos Gold (NSGCF), Canadian Cam Copper Company discovers high-grade copper ore at 13.95%…Anticipating extension of deep VMS mineralization
Northstar Gold (OTC: NSGCF) has once again confirmed the high-grade polymetallic mineralization potential at the Cam Copper project in Ontario, Canada, attracting market attention. On March 12th local time, the company announced results from a total of 7 drill holes totaling 1,204 meters in “Zone 2,” and confirmed a deep-extending “high-grade polymetallic volcanogenic massive sulfide (VMS) deposit system.”
The most notable result from this exploration is the identification of a high-grade mineralized zone within a 3.07-meter interval, with copper grades of 3.05%, gold grades of 5.9 grams per ton, silver grades of 22.9 grams per ton, and molybdenum grades of 0.45%. In some sections, mineralization with copper content as high as 13.95% “disseminated copper” was captured, which is considered significantly higher than typical VMS deposits. The company explained that this result strongly suggests the possibility of a “deep extension feeding zone” at the Cam Copper project.
VMS deposits are metal deposits associated with submarine volcanic activity, characterized by the co-occurrence of copper, gold, silver, zinc, and other metals. If a concentrated metal supply structure at depth is confirmed, the likelihood of discovering large-scale mineral bodies in subsequent exploration is high. Geological experts believe that these drill results indicate that the mineralization system surrounding the Cam Copper deposit may not be a simple residual body but rather a “deep metal supply system with expansion potential.”
Based on this exploration data, Northstar Gold plans to develop future infill drilling programs and conduct detailed analysis of the project’s geological structure and resource potential. The company specifically notes that, given the deposit’s “dip-tilted” structural orientation extending downward, further deep exploration will be a key focus in the next phase.
Additionally, the company is working on preparing a comprehensive assessment report that includes this drilling data to complete a NI 43-101 technical report for the Cam Copper project. This report is the standard for resource assessment and technical disclosure of Canadian mineral projects. Once completed, it is expected to significantly enhance investors’ understanding of the resource scale and economic potential of the Cam Copper project.