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Northstar Gold taps Novamera’s surgical mining to unlock high-grade Copper at Cam Copper Mine

Author
Proactive Investors
Published
Thu 24 Jul 2025
Episode Link
https://proactive-interviews-for-investors.simplecast.com/episodes/20250723-northstar-gold-corp-lpez_rL7

Northstar Gold Corp CEO Brian Fowler Joined Steve Darling from Proactive to announce the signing of a Letter of Intent with Novamera Inc. to deploy its patented Surgical Mining technology at Northstar’s Cam Copper Mine, part of the company’s Miller Copper-Gold Property in Ontario.

The project will target Zone 2, a high-grade copper-rich zone interpreted to host Besshi-style volcanogenic massive sulphide (VMS) mineralization, primarily chalcopyrite and bornite. The zone extends from surface to about 200 metres depth, over a 125-metre strike length and an average width of 1 metre. It remains open at depth, plunging southeast at -71 degrees along a defined VMS feeder structure.

Fowler emphasized that Novamera’s Surgical Mining process is ideally suited to extract this narrow, high-grade mineralization while minimizing environmental disturbance and dilution. The technique uses large-diameter surface drilling guided by advanced hardware and software to precisely target ore zones. Broken rock is recovered directly from surface and transported to a nearby mill for processing. Once drilling is completed, the holes can be reclaimed immediately, ensuring structural support and a minimal surface footprint.

Under the strategic agreement, the company is working on due diligence and implementation planning. Novamera will earn a 5% revenue share, with Northstar holding a buyout option.
The initial capital requirement is modest, approximately $1.5 million, with remaining project costs structured off-balance sheet, reducing financial risk. Northstar is actively pursuing non-dilutive funding options to accelerate the start of operations. Fowler concluded that Novamera’s novel approach offers a low-impact, high-recovery solution for Zone 2 and fits well with Northstar’s broader goal of sustainable and efficient resource development.

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