Agoracom Blog Home

Archive for the ‘Northern Sphere Mining Corp’ Category

$NSM.ca Northern Sphere Mining Corp. Enters Blockchain Market by Forming a Strategic Alliance with Blockchain Ready Inc. $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-Eric at 9:32 AM on Tuesday, May 15th, 2018

Nsm

  • Entered into a strategic alliance with Blockchain Ready Inc.
  • Company will work with BCR, using Northern Sphere’s Arizona and Ontario properties, to create, develop and commercialize the Blockchain Ready platform, which will include regulatory assistance, material tracking, and more.

Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce it has entered into a strategic alliance with Blockchain Ready Inc. (“Blockchain Ready” or “BCR”) to advance a blockchain platform in the mineral exploration space.

The Company will work with BCR, using Northern Sphere’s Arizona and Ontario properties, to create, develop and commercialize the Blockchain Ready platform, which will include regulatory assistance, material tracking, and more. Northern Sphere’s properties offer exploration and potential for near term and small-scale production, which is an ideal combination for BCR to develop all aspects of its program in two mine friendly geographic locations. In consideration, Northern Sphere will have access to the Blockchain Ready platform.

The Blockchain Ready-Northern Sphere model will use blockchain technology in a strategic format that has the potential to revolutionize the way junior mining exploration is accomplished. Northern Sphere and BCR are also working with the Aboriginal Community to establish a blockchain model specifically designed to manage and streamline their relationships with mining companies. Northern Sphere has an excellent ongoing relationship with the Aboriginal Community, which will prove to be essential for all parties during BCR blockchain development.

The Company believes that this strategic alliance will place it at the front of this fast-emerging market and will provide Northern Sphere with an advantage over similar companies in the mining industry. The Company believes that blockchain is here to stay and will become the standard for the way mining companies move forward with their projects.

Northern Sphere believes in using leading edge technologies such as blockchain as well as artificial intelligence AI, hyperspec, advanced geophysics, geochem and 3 D modelling methods to advance its properties expeditiously and economically to the benefit of all of its stakeholders.

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

About Blockchain Ready Inc.

Blockchain Ready is a private company that aims to forge strong relationships with Aboriginal Communities, mining and exploration companies, and governments, in order to help them realize the full potential of blockchain technology within the natural resource sector. Blockchain Ready was formed to develop and incorporate blockchain technology into the mining industry by working cooperatively with all stakeholders in order to simplify and streamline databases, increase security and efficiency, provide easier communication between Aboriginal Communities, industry, government, and other stakeholders, and to revolutionize the way companies and individuals explore and invest in mining properties. This advanced blockchain technology will mutually benefit the government, indigenous populations, and other mining companies by increasing the accountability of all parties, and by redirecting time and money to further discovery and development of mineral resources.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

 

Northern Sphere Mining Corp. Expands Arizona Drill Program at Buckeye Patent Property After First Nine Holes Successfully Intersects Mineralization at Target Depth $NSM.ca

Posted by AGORACOM-JC at 11:00 AM on Tuesday, August 1st, 2017

Nsm

  • Company has completed nine holes
  • Testing the major structure, below the historical underground workings 
  • Can play host to high-grade silver mineralization

Toronto, Ontario–(August 1, 2017) – Northern Sphere Mining Corp. (CSE: NSM) (“Northern Sphere” or the “Company”) is pleased to provide an update on it’s ongoing diamond drill program at it’s patented Buckeye Property, located adjacent to Freeport McMoran-BHP’s open pit copper project in Miami, Arizona.

Cannot view this image? Please visit http://orders.newsfilecorp.com/files/2104/28245_a1501585782894_51.jpg to view this image

Satellite Image of Northern Sphere Mining’s Arizona Option Claims

The Company has completed nine (9) holes, testing the major structure, below the historical underground workings that can play host to high-grade silver mineralization.

The drilling intersected the host structure on all 9 holes, all exhibiting pervasive alteration and mineralization. The Company has moved forward and is expanding the program. Additional holes will target areas below the surface sampling completed in February 2017 where systematic rock-chip channel samples taken perpendicular to the strike of the mineralized structure, yielded silver grades of 38.2 ounces per tonne (opt) over 0.8 ft, 12.2 opt over 3.0 ft, and 4.0 opt over 5.0 ft. The mineralization is on strike with the historic Buckeye Structure, which had grab samples selectively taken within the mineralized structure (and may not be representative of the entire mineralization), yielding assays of 227.4 opt, 22.7 opt and 88.7 opt. These samples were collected where the central portal re-accessed the historical working at the bottom of the decline. Laboratory analysis for the first (9) nine holes are expected to be completed during the month of August.

Cannot view this image? Please visit http://orders.newsfilecorp.com/files/2104/28245_a1501585783003_49.jpg to view this image

 

Godbe Drilling LLC at Buckeye Property

It is important to note the Buckeye Patent covers less than 1% of Northern Sphere’s Arizona land package. NSM’s Black Diamond Property, contiguous with the Buckeye Property, has multiple prospects, including historic underground silver mines such as the McMorris-La Plata Mine, Jumbo Mine and Silver Sevens Mine. In addition to the historic underground silver mines, large scale, near surface, silver-gold prospects exist in the vicinity and are part of an ongoing large scale geochemical sampling program which began in June 2017.

Northern Sphere is currently reviewing a prospective surficial copper-iron-gold prospect known as the Iron Nugget. The prospect, located on the Black Diamond Claims was mapped and sampled last in 2011 by Trueclaim Resources, when chip samples taken from surficial exposures returned copper values between 2.3% and 7.4% copper.

Quality Control

Northern Sphere’s quality control and assurance program includes the use of an independent certified lab, ALS Laboratories (“ALS”) of Tucson, Arizona. All ALS geochemical hub laboratories are accredited to ISO/IEC 17025:2005 for specific analytical procedures. The ALS quality program includes quality control steps through sample preparation and analysis, inter-laboratory test programs, and regular internal audits. It is an integral part of day-to-day activities, involves all levels of ALS staff and is monitored at seniro management levels.

Qualified Persons

Steve Gray, P.Geo., Vice President of Northern Sphere has reviewed and approved the scientific and technical information in this press release and is Northern Sphere’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Northern Sphere Mining Corp.

Northern Sphere Mining is dedicated to growth through the acquisition and development of mining assets, with an emphasis on near term production opportunities. Headquartered in Toronto, Ontario, Northern Sphere Mining has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843