Northstar Gold announces financing to advance surgical mining at Cam Copper Project

The financing volition supply superior for Northstar’s Cam Copper Zone 2 Surgical Mining pilot, being precocious nether a Turnkey Surgical Mining Services Agreement executed with Novamera connected October 9, 2025.

The offering consists of up to C$800,000 successful non-flow-through units priced astatine C$0.06 per unit, with each portion comprising 1 communal stock and 1 warrant exercisable astatine C$0.075 for 60 months.

A first-tranche adjacent of astir C$530,000 is expected successful the adjacent term, led by strategical investors aligned with Northstar’s critical-minerals and Surgical Mining objectives.

The proceeds fromt helium offering volition beryllium directed toward updating the Zone 2 geological and artifact models, conducting preliminary metallurgical studies, commissioning an NI 43-101-compliant Technical Report and Mineral Resource Estimate, advancing permitting and elaborate engineering for the Surgical Mining program, mine-planning, surface-site mentation and mobilization, and wide moving capital.

Northstar Gold is focused connected the exploration and improvement of its near-surface Allied Gold Zone and the Cam Copper VMS projects connected its 100%-owned Miller Copper-Gold Property adjacent Kirkland Lake. A 2025 Exploration Target Study astatine Cam Copper reported an estimated 75,000 to 140,000 tonnes of worldly grading betwixt 9% and 18% copper, with a conceptual mean people of 12% copper.