The company purchased the property from Premium Exploration in April this year.

The results confirmed the widespread presence of gold within mineralized quartz vein material on the deposit.

Of the 27 samples tested, 12 returned gold values exceeding 5.5g per ton with five of them yielding 17.1g per ton. Samples from five of the zones determined more than 6.47g per ton gold.

NJMC president John Swallow said, "These sampling results, particularly those from previously untested zones, are encouraging and support our initial assumptions regarding Eastern Star.

"We plan to follow-up with additional sampling and surface trenching which will help us trace structures and map vein locations as there is little exposed outcrop," added Swallow.

"We will continue to prioritize projects that demonstrate the potential to host mineable high-grade gold mineralization that we can transport and process at our New Jersey Mill."