Northern Star offloads non-core project

NORTHERN Star Resources has agreed to sell its non-core Ashburton project to Kalamazoo Resources in a deal worth up to A$17.5 million.

Northern Star offloads non-core project Northern Star offloads non-core project Northern Star offloads non-core project Northern Star offloads non-core project Northern Star offloads non-core project

Northern Star will receive $5 million in cash when the first 250,000 tonnes of ore is mined and a 2% net smelter royalty on the first 250,000 ounces of gold produced, and a 0.75% royalty thereafter.

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