Vancouver, British Columbia, July 23, 2025 – TheNewswire - Northern Lights Resources Corp. (“Northern Lights” or the “Company”) (CSE:NLR, OTC: NLRCF) is pleased to announce that it has received approval for a multi-year area-based exploration drill permit (MYAB Permit) for the Horetzky Project located in north-central British Columbia, Canada.
The permit will be in effect for five (5) years with a provisional expiry date of March 31, 2030 and permits Northern Lights to conduct exploration activities at the Hortezky Project including the drilling of up to 100 drill holes, conduct geophysical surveys and surface trenching and sampling.
Northern Lights CEO, Jason Bahnsen, commented “The granting of the 5 year exploration permit for the Horetzky Project is major milestone for the Company. We are now fully permitted to begin the execution of the first phase exploration program on the project.”
Northern Lights has lodged a reclamation liability bond of $38,500 with the BC Ministry of Mining and Critical Minerals.
The Company is also pleased to announce that it has changed its auditors from Baker Tilly WM LLP to DeVisser Gray LLP effective July 15, 2025.
Figure 1 – Horetzky Project Exploration Plan Year 1
Qualified Person Statement
Information in this report relating to exploration results and permit applications is based on information reviewed by Mr. Lee R. Beasley, a Certified Professional Geologist who is a Member of the American Institute of Professional Geologists, and a consultant to Northern Lights Resources. Mr. Beasley has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Qualified Person for the purposes of NI43-101 Standards of Disclosure for Mineral Projects. Mr. Beasley consents to the inclusion of the data in the form and context in which it appears.
For Further Information
Albert Timcke, Executive Chairman and President
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Tel: +1 604 608 6163
Jason Bahnsen, Chief Executive Officer
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Tel: +1 604 608 6163
About Northern Lights Resources Corp.
Northern Lights Resources Corp is a growth-oriented exploration and development company advancing two key projects: the Horetzky Copper Project, located in the Babine Porphyry belt of central British Columbia and the 100% owned, Secret Pass Gold Project located in Arizona. Northern Lights also holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada owned by Reyna Silver Corp.
Northern Lights Resources trades under the ticker of “NLR” on the CSE and on the OTC under the ticker “NLRCF”. This and other Northern Lights Resources news releases can be viewed at www.sedar.com and www.northernlightsresources.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the terms and conditions of the proposed private placement; use of funds; the business and operations of the Company after the proposed closing of the Offering. There is no assurance any further advances of funds from the Investor will be forthcoming. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals; and the uncertainties surrounding the mineral exploration industry. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
