Horetzky Copper Project

October 24, 2024 - Northern Lights Resources Corp. is pleased to announce it has entered into an option agreement with veteran prospector Bernie Kreft ("Kreft") to acquire a 100% interest in the Horetzky Copper Project located in the highly prospective Babine porphyry copper belt. This acquisition underscores the Company’s commitment to advancing high-value copper-gold projects in established mining jurisdictions.

• Prime Location: Situated in the Babine porphyry copper belt, home to past-producing Bell and Granisle copper-gold mines and several promising advanced-stage exploration targets, including American Eagle’s Nak project, Amarc Resources’ Duke and Hearne Hill projects, and Pacific Booker Minerals’ Morrison deposit.
• Favorable Geology: Horetzky shares geological similarities with other Babine porphyry copper belt targets, featuring Eocene-aged Babine plutonic suite intrusions and coeval dykes that have triggered widespread alteration in surrounding volcanics and sediments. Identified mineralization includes chalcopyrite, molybdenite, bornite, and chalcocite.
• Significant Copper Anomaly: The Project hosts a 3.0 km² copper soil geochemical anomaly, with multiple samples exceeding 1,000 ppm copper. The anomaly remains open for expansion to the southeast and southwest, where it coincides with a strong positive magnetic anomaly, presenting additional exploration potential.
• Historical Drilling Potential: Drilling conducted by Hecla Mines in 1973 revealed moderately anomalous values of up to 4,370 ppm copper over 3 feet and 1,345 ppm copper over 35 feet. Importantly, all drill holes encountered copper mineralization, with widespread phyllic and propylitic alteration suggesting they were collared outside the core mineralized zone of a typical porphyry system.
• Gold Exploration Upside: While historical exploration did not systematically assay for gold, later work identified an area of increased gold-in-soil anomalism, with values ranging from 25 ppb to 440 ppb gold, indicating potential for additional value.
• Location: The Project is located approximately 95 kilometers northeast of Smithers, covering 11 tenures totaling 5,057 hectares. It benefits from partial road accessibility and proximity to active logging operations, facilitating efficient exploration and development activities.

This acquisition reinforces Northern Lights Resources’ strategy to identify and advance high-quality copper and gold assets in well-established mining districts, maximizing value for shareholders and positioning the Company for long-term success.

Location of the Horetzky Project within the Babine Porphyry Belt