Junior Miner Rips On Option Agreement

Junior Miner Rips On Option Agreement

By: Dylan Sikes – AllPennyStocks.com News

Tuesday, June 8, 2021

An Ontario-based junior miner announced today that the company has signed an option agreement to acquire 100% interest in the 64 hectare Searles Patented situated 18 km southeast of Kirkland Lake, Ontario. Shares of Northstar Gold Corp (CSE:NSG) popped on the news.

Northstar Gold Corp is a public company focused on the exploration, development and acquisition of quality exploration properties in the prolific Abitibi Greenstone Belt. The company’s flagship property is the Kirkland Lake / Lamaque "style", historic resource-stage 100% owned Miller Gold Property, located 18km southeast of Kirkland Lake, Ontario.

Traders were bullish on the news as shares shot up to $0.39/share (+9.86%). This move is a continuation of the strong breakout this stock has had from its previous downtrend that lasted nearly a year.

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