Proactive Investors - Northstar Gold Corp. has received notification from the Ontario Ministry of Mines that the company is eligible to receive a critical minerals exploration grant of up to C$80,532.50 from the Ontario Junior Exploration Program (OJEP).
Grant proceeds cover up to 50% of Northstar's eligible expenditures at the 1,151-hectare Rosegrove property, situated 11 kilometres south of the town of Kirkland Lake, Ontario.
The Rosegrove property is highly prospective for shear and alkaline intrusion-related copper-gold mineralization. Northstar (CSE:NSG) is currently awaiting eligible exploration results from recently completed LiDAR and MMI (Mobile Metal Ion) soil surveys and bedrock prospecting at Rosegrove.
"The success of Ontario's mining sector starts with the important work that junior mining companies do during early exploration," said George Pirie, Minister of Mines.
"Through the OJEP program, our government is investing to create meaningful opportunities for junior companies, like Northstar Gold Corp, to find the mines of the future. Incentivizing early exploration will help our province remain globally competitive, find new deposits of critical minerals, and create new economic development and job opportunities for northern and Indigenous communities."
Northstar's primary exploration focus is the advancement of the flagship Miller copper-gold property, situated 18 kilometres southeast of Kirkland Lake and Agnico Eagle Mine's Macassa SMC gold mine.