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$NSM.ca Northern Sphere Mining Appoints Kelly Malcolm and Roger Gross to its Board of Directors

Posted by AGORACOM at 10:40 AM on Thursday, May 10th, 2018

  • The appointment of Kelly Malcolm, Kelly Malcolm is a professional geologist who specializes in the integration and interpretation of geological, geochemical and geophysical data to guide exploration and development activities.
  • The appointment Roger Gross, President and Chief Executive Officer of Crescent Silver LLC
  • Resignation of Denis Laviolette from its Board of Directors

Toronto, Ontario–(Newsfile Corp. – May 10, 2018) – Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce the appointment of Kelly Malcolm, P. Geo and Roger Gross to its Board of Directors and the appointment of Eric Balog as Vice-President, Corporate Development Mr. Malcolm has also been appointed to the Audit Committee and the Corporate Governance Committee.

Northern Sphere is also pleased to announce that it has formed an Advisory Board to assist in implementing the Company’s current plans and identifying means to capitalize on future growth opportunities. The initial appointments to the Advisory Board are David Richardson and Ron Wortel.

“We are very pleased to have a talented group of individuals join our senior leadership team,” commented A. John Carter, Chief Executive Officer of the Company. “Collectively, they bring a unique set of skills and experience that will help the Company grow. We look forward to working with them in the years ahead.”

The Company also announces the resignation of Denis Laviolette from its Board of Directors. Northern Sphere would like to thank Mr. Laviolette for his contributions to the Company and wish him success in his present and future endeavours.

About Northern Sphere’s New Appointments

Kelly Malcolm is a professional geologist who specializes in the integration and interpretation of geological, geochemical and geophysical data to guide exploration and development activities. Since June 2017 he has been the President and Chief Executive Officer of Generic Gold Corp., a mineral exploration company. Prior to his current role, Mr. Malcolm was employed at Detour Gold Corporation where he was involved in the discovery and delineation of the 58N gold deposit. Mr. Malcolm has also worked in the mineral exploration industry as a geologist or advisor for several junior explorers and mid-tier producers. Mr. Malcolm acts as a consultant to several boutique Toronto-based finance firms and junior mining companies with a focus on precious and base metals. He holds a Bachelor of Science Honours degree in geology and a Bachelor of Arts degree in economics, both from Laurentian University.

Roger Gross was appointed President and Chief Executive Officer of Crescent Silver LLC in May 2014 and has overall responsibility for execution of the company’s strategic priorities and operating plans. Mr. Gross also serves on the board of Crescent Silver LLC and Syringa Exploration Inc. Prior to joining Crescent Silver LLC, Mr. Gross served as Vice President of Nevada Operations for Midway Gold Corporation where he was responsible for management and permitting of Midway Gold’s Pan Project near Ely, Nevada. With more than 32 years or experience in the copper, gold, coal and industrial minerals mining sectors, Mr. Gross held management positions for Freeport McMoRan Inc.’s Grasberg operation and Newmont Mining Corporation’s Batu Hijau copper mine in Indonesia. He has executed improvements in safety, productivity, organizational effectiveness, people development, and regulatory and permitting functions. Mr. Gross holds a Bachelor of Science degree and Master of Science degree in Mining Engineering from the School of Mines and Engineering — Montana Tech.

Eric Balog is a mining focused investor relations professional who joined the sector in early 2000 and brings experience in both traditional and online investor relations. Mr. Balog has played key roles in professionalizing and expanding clients institutional and retail investor awareness programs.

Dave Richardson is the President and Chief Executive Officer of Octaform Systems Inc. Octaform designs and markets a patented stay-in-place concrete forming system that offers benefits that no conventional forming system can equal. Mr. Richardson is currently a director of Richardson International Limited and GreenPower Motor Company Inc., which is paving the way for the future of clean energy transit. Mr. Richardson was a co-founder and director of Kodiak Exploration Limited and Prodigy Gold Inc. Mr. Richardson has also served on a number of other public and private boards throughout his career. He is a Director Emeritus of Ducks Unlimited Canada following 20 years on the board and remains dedicated to several other charities and philanthropic activities. Passionate about mental health he co-founded the charity ‘The Stigma-Free Society’ and serves as Chair on the Board of Directors.

Ron Wortel, MBA, P.Eng., is a mining investment analyst with over 30 years in the industry. Mr. Wortel will provide the Company with expert project evaluation services to assist Northern Sphere in finding the best projects to match its strategy and the market’s interest.

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.

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:

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

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$NSM.ca Northern Sphere Mining Corp. to Follow up on Cobalt Values up to 0.23% Sampled from Various Showings on Its Sudbury District Scadding Property

Posted by AGORACOM at 6:00 PM on Thursday, April 19th, 2018

 

 

  • Cobalt identified in 0.20 and 0.23% 2 KM apart from each other
  •  Scadding hosts abundant Nippissing diabase intrusives with a NW-SE orientation
  • Mineral resources found on the property are clustered and parallel to the Nippissing dykes
  • At the Scadding Property, favourable geological context also occurs in contact zones between the Nippissing intrusives and a competent host rocks

Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere” or the “Company”) will be investigating known Cobalt anomalies on its Scadding Property located in Sudbury’s Nickel District. Outcrop sampling at two separate mineral showings, approximately 2 km apart, returned values of 0.23% Cobalt (Red Rock Occurrence) and 0.20% Cobalt (McLean Secret Showing). Geophysical signatures identified by Northern Spherein 2017 correlate well with the location of these outcrops. The 3D magnetic re-inversion (which re-interprets and models three dimensional geophysical data) identified several optimal targets on our 40,000-acre property.

In addition to the significant Cobalt values recovered from outcrop sampling, Northern Sphere also analysed for Cobalt as part of a multi-element package on its last hole during the 2017 drill campaign. Hole NSM-17-06 returned values of up to 189 ppm Cobalt and 678 ppm Nickel from drill core exhibiting strong chloritized segments. Northern Sphere intends to analyse a percentage of similar material from its core storage facility for both Cobalt and Nickel. Currently, Northern Sphere is prioritizing optimized drill targets for its 2018 drill campaign.

Scadding Property — Sudbury District, Ontario

The Scadding Property is nestled at the junction between the Abitibi-Wawa greenstone belt (which encompasses the Sudbury Igneous Complex), the Grenville Front, and the Huronian Supergroup (see Figure 1). The Scadding Property is located at a large scale structural junction. World class base metal deposits are located to the West (Sudbury Nickel District) and precious metal deposits are located to the East (River Valley Pt-Pd, Cobalt Silver).

Figure 1: Favorable Geology Hosting Major Fault Zone Intersections

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The Scadding Property plays host to abundant Nippissing diabase intrusives which utilized pre-existing structure during emplacement. The intrusives demonstrate a preferred NW-SE orientation. Mineral resources found on the property are clustered within these corridors and parallel to the Nippissing dykes. Within the Cobalt, Ontario Camp, Silver and Cobalt mineralization are generally found in proximity to the Nippissing Diabase. At the Scadding Property, favourable geological context also occurs in contact zones between the Nippissing intrusives and a competent host rocks (i.e. quartzite of the Serpent Formation).

Northern Sphere will continue to advance and acquire district scale properties for successful future mineral exploitation.

Quality Control

Northern Sphere’s quality control and assurance program includes the use of an independent certified lab, AGAT Laboratories (“AGAT”) of Mississauga, Ontario. All AGAT geochemical hub laboratories are accredited to ISO/IEC 17025:2005 for specific analytical procedures. The AGAT 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 AGAT staff and is monitored at top management levels.

Qualified Persons

Steve Gray, P.Geo., Vice President of Northern Sphere has reviewed 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 is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts 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.

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:

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

 

 

 

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Northern Sphere: A True Discount to Market #FCE.tsx

Posted by AGORACOM at 12:23 PM on Monday, April 16th, 2018

      Northern Sphere: A True Discount to Market

 

Northern Sphere’s tight share structure of 28.7 million shares at .05c gives it a paltry $1.5 million market cap when compared to the value that lays on the ground at both its properties. NSM’s outstanding exploration properties are on the verge of demonstrating their true value to the market through ongoing exploration efforts at Buckeye and Scadding respectively. The company benefits from a solid share base of industry professionals with proven investment success who share the belief NSM has district scale discovery potential.  The company trades on the CSE under NSM.

 

Black Diamond, Arizona:

  • Black Diamond has multiple targets with high grade silver, copper, zinc, manganese, gold.
  • Black Diamond historic production from two shafts (one 700 foot and one 250 foot deep), as well as many adits.
  • Assays as high as 1000 ounce per ton silver have been recorded and over 800 assays to date
  • Black Diamond has a significant copper anomaly with copper values as high as 7% and a high probability of a porphyry style deposit.
  • Black Diamond has never been drilled.
  • Soil geochem values as high as 10 ounce silver, over 1/2 % copper, zinc, manganese, and gold; in some cases mineable grades in the soils.
  • Manganese is classified as a strategic mineral
  • Black Diamond staking increased property by over 2000 acres due to increase in potential size of the anomaly. This brings the total to over 5800 acres.
  • Black Diamond is 16 miles from Globe Arizona home of Freeport McMorans Miami copper porphyry operation. Also 20 miles away from other copper porphyry deposits one of which produces 252,000 m lbs. copper and over 600,000 ounces silver and 30 miles from the Old Dominion Mine which had an average grade of 6 % copper and 3 grams gold .
  • Black Diamond has commenced preparation for small scale production on its leased Buckeye Property. This will generate revenue and thus reduce dilution. This has a planned production rate of 1000 ounces silver per day from an existing adit (10 ounce per ton head grade).
  • Site prep includes rehabbing of adit, evaporation pond, stockpile area for over 20,000 tonnes. Permits include explosive, full assay facility with high grade concentration.
  • Mobile equipment including 2.5 cu yard mucker, two boom jumbo, skid steer, generator, and haul trailer.
  • Black Diamond has a fully certified trained experienced mining team with multiple generations experience
  • Management is aware that a major mining company is staking up to Black Diamond property boundary.

 

 

 

 

Scadding Property, Sudbury:

  • Substantial land package of over 40,000 acres with 7 leased claim groups
  • Multiple targets with gold, platinum, palladium, cobalt, nickel, chromium, vanadium.
  • 2017 drill results that are great. Grades over mineable widths near surface of 12.9g/t over 19.29m and 13.3g/t over 10.5m.
  • Scadding past production grade of 7.2g/t produced 30,000 ounces from 130,000 tonnes.
  • 50 km from Sudbury,  year round road, and even power to site demonstrating  the necessary infrastructure for future development
  • Full First Nations support with MOU and Environmental Engineering by First Nations engineering firm.
  • NSM management has a go forward plan based on leading edge technology and significant historical data

 

Scadding Underground Model & Workings

 

 

Northern Sphere Mining Corp has its’ sights on being the best of the high-quality juniors in the mining industry.

John Carter, Chief Executive Office

Northern Sphere Mining

905 302 3843

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