Note: We thought Firestone Ventures' shareholders would be pleased to
know that the Spin-Out transaction is complete, and Northern Tiger
Resources Inc. has begun its exploration program in the Dawson Range,
Yukon Territory, Canada.
For additional information on Northern Tiger Resources, please see
www.northern-tiger.com.
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Re: News Archive - Tuesday, July 22, 2008
Northern Tiger Begins 2008 Drill Program at the Sonora
Gold-Silver-Copper Project and Kicks Off Regional Exploration
Program, Yukon Territory
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July 22/2008 - Northern Tiger Resources Inc. (NTR:TSX-V), is pleased
to announce that drilling has commenced at the Company's 100% owned
Sonora gold-silver-copper-molybdenum project, located 110 kilometres
northwest of Carmacks, Yukon Territory. The 5,244 hectare (12,952
acre) Sonora property is located within 25 kilometres of a seasonal
access road and within 40 kilometres of Sherwood Copper's Minto
copper-gold mine, currently in production.
"The drill is turning at the Sonora property, and we have commenced our
Dawson Range regional exploration program," says Northern Tiger
President Greg Hayes. "Our Regional Exploration Alliance with Minto
Explorations Ltd., a subsidiary of Sherwood Copper Corp., has helped us
target priority areas for exploration."
Northern Tiger's 2008 drill program will focus on delineation of the
Sonora gold-silver-copper mineralizing system, including exploration
for additional high-grade gold zones. In addition the Company will
explore for Minto-style high grade copper-gold mineralization on five
properties covering geological settlings similar to that of the Minto
Mine.
The program has three main components:
1) 2008 Sonora Drill Program (gold, silver, copper, molybdenum) 2,460
metres planned in 12 holes
The goal for 2008 is to further delineate the extent of the high-grade
Amadeus Zone and its extensive low-grade gold halo. Drilling in 2007
returned an intercept of 5.22 g/t gold over 4.0 metres within a
lower-grade gold halo grading 1.0 g/t gold over 64 metres in Hole
SG-07-12. Hole SG-06-06, the Discovery Hole of the Amadeus Zone
collared about 50 metres to the north, intersected 6.21 g/t gold across
15.3 metres. Six holes in Amadeus Zone for 1,450 metres are planned
for 2008. The program will include an additional five holes for 760
metres on the Nightmusic Zone and one hole for 250 metres on the
Jupiter Zone.
2) Sonora Property Surface Exploration
The Sonora property is host to multiple styles of mineralization. To
date, a substantial system extending across several kilometers has been
identified, of which only a small area has been tested. For example,
the high-grade gold portion of the Amadeus Zone occurs more than two
kilometers east of previously known significant gold mineralization.
Northern Tiger has contracted Terranotes Ltd. from Edmonton, Alberta to
carry out a surface total-field magnetic geophysical survey consisting
of 42 line km, centered on the high grade intercepts, to assist in
developing a geological model and identify additional drill targets for
the area. Terranotes personnel are on-site and the geophysical survey
is in progress.
3) Dawson Range Exploration
A priority for Northern Tiger will be exploration for Minto-style
mineralization on the Company's 100% owned BOND, DAD, DEL, LED and MEL
claim groups acquired from Sherwood Copper Corporation's wholly-owned
subsidiary, Minto Explorations Ltd. The properties encompass targets
where previous prospecting revealed copper-gold mineralization similar
to that of the Minto copper-gold-silver mine. In addition, Northern
Tiger's Chopin gold-silver property, 20 km southeast of the Sonora
property will undergo systematic exploration.
The budget for the 2008 exploration program is $2.1 million with $1.5
million allocated to the drill program and the balance towards regional
exploration as described above.
Kluane Drilling Ltd., based in Whitehorse, Yukon is the drill
contractor. Heli Dynamics Ltd. also of Whitehorse, is providing
helicopter support. Sherwood Copper Corp. is providing logistical
support through use of their Minto Mine access road and airstrip to
expedite mobilization of fuel and supplies and through crew
accommodations during certain phases of the program.
Previous news releases, a drill hole location map, and previous drill
data are available at www.northern-tiger.com.
This News Release has been reviewed and approved by Carl Schulze, BSc.,
PGeo., Qualified Person for the project.
For further information please contact:
Greg Hayes, President
Toll Free: 1-866-266-6569
info@northern-tiger.com
Fax: (780) 428-3476
www.northern-tiger.com
Trading Symbol: NTR: TSX-V
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release
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Copyright (c) 2008 NORTHERN TIGER RESOURCES (NTR) All rights reserved.
For more information visit our website at
http://www.northern-tiger.com/ or send mailto:info@northern-tiger.com
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