Northern Freegold Resources

Published : June 08th, 2007

Completes First Hole of 15,000 m Diamond Drill Program at Freegold Mountain Projec

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Keywords :   Copper | Diamond | Fort Knox | Freegold | Gold | Knox | Recovery | Shadow |

       NEWS RELEASE

Thursday, June 07, 2007
Northern Freegold Completes First Hole of 15,000 m Diamond Drill Program at Freegold Mountain Project

Vancouver, BC: June 7, 2007. Northern Freegold Resources Ltd. (NFR: TSX-V) is pleased to announce the completion of the first Diamond drill hole of the 2007 Drill Program on the Freegold Mountain Project in the Yukon Territory. The program will consist of up to 15,000 m of Diamond drilling utilizing at least 2 drill rigs from Kluane Drilling of Whitehorse.

Hole GRD-07-041 was drilled to a depth of 262 m (860 feet) in the southeast portion of the Nucleus Zone, downhill and to the east of Hole GRD-06-015 which included the occurrence of visible gold within long, low-grade intersections (25.9 m of 0.73 g/t Au and 62.0 m of 0.82 g/t Au) as well as a higher grade interval of 9.26 g/t Au. Hole GRD06-015 is located directly uphill from the Mechanic Creek placer gold workings where wire gold and large nuggets (up to 26.6 grams) are being recovered. Hole GRD-07-041 is one of many holes planned to test the eastern extension of the Nucleus Zone and its relationship with the Revenue Zone, 2.5 km to the east.

A course to train local community and First Nation members in linecutting skills and other entry level positions for the mining industry (in conjunction with Aurora Geosciences Ltd.) is underway. Two of three camps are presently active on the property, with more than 40 personnel and contractors at site.

The Freegold Mountain Project covers an area in excess of 64 square miles (166 square km) and several road accessible mineralized zones which contain historical and non-43-101 compliant resources. Historical work on the Freegold Mountain property dating back to 1930 indicates that the property holds significant potential to host bulk-tonnage gold+/-copper porphyry style mineralization such as that seen at Kinross Gold's Fort Knox deposit in Alaska which has produced more than 3 million ounces in the past 10 years and still has a resource of 2 million ounces of gold from proven and probable reserves of 82.1 million tonnes grading 0.74 g/t.

Northern Freegold will be participating at the Cambridge House World Gold, PGM & Diamond Conference in Vancouver (booth 1001) on June 16th and 17th at the Vancouver Convention Centre.

Northern Freegold is a Canadian-based resource exploration and development company which relies on local expertise and strong management to focus on development of economic reserves on the district-scale Freegold Mountain Project in the Yukon and Burro Creek in Arizona.

Northern Freegold Resources Ltd.
On behalf of the Board of Directors

Signed "Bill Harris"

William (Bill) G. Harris
President and Chief Executive Officer


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
 

Northern Freegold Resources

EXPLORATION STAGE
CODE : NFR.V
ISIN : CA6651671027
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Northern Freegold is a gold exploration company based in Canada.

Northern Freegold holds various exploration projects in Canada.

Its main exploration properties are SEVERANCE, TAD / TORO, FREEGOLD MOUNTAIN - GOLDY ZONE, FREEGOLD MOUNTAIN - STODDART ZONE, FREEGOLD MOUNTAIN - REVENUE ZONE, BURRO CREEK, FREEGOLD MOUNTAIN - NUCLEUS and FREEGOLD MOUNTAIN -TINTA HILL in Canada.

Northern Freegold is listed in Canada. Its market capitalisation is CA$ 13.4 millions as of today (US$ 10.2 millions, € 9.5 millions).

Its stock quote reached its highest recent level on November 05, 2010 at CA$ 4.20, and its lowest recent point on February 05, 2016 at CA$ 0.04.

Northern Freegold has 47 050 000 shares outstanding.

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Corporate Presentations of Northern Freegold Resources
3/30/2007Letter of Intent to Acquire Arizona Gold/Silver Property
Annual reports of Northern Freegold Resources
2008 Annual Report
2007 Annual Report
2006 Annual Reprot
Financings of Northern Freegold Resources
4/23/2013PR#13-06: Northern Freegold Announces Closing of Final Tranc...
4/3/2013PR#13-03: Northern Freegold Announces Private Placement
9/3/2012PR # 12-13: Northern Freegold Announces Closing of Expedited...
4/25/2012PR #12-09 Northern Freegold Announces Amended Terms for Brok...
12/2/2011Closes Private Placement
7/20/2011Closes First Tranche of Financing for $6 million
5/16/2011Announces $8M Private Placement
6/17/2009Completes $5,000,000 Bought Deal
5/28/2009Announces C$4,000,000 Bought Deal Equity Financing
12/22/2008Announces Flow-Through Financing
11/5/2008Announces Flow-Through Financing
Option Grants of Northern Freegold Resources
8/19/2013PR#13-10: Northern Freegold Adopts Advance Notice Policy, Re...
Nominations of Northern Freegold Resources
2/10/2009Appoints New Board Member to Further Develop Growth Plans
Project news of Northern Freegold Resources
2/27/2014PR#14-03 Northern Freegold Reviews 2013 Exploration Results ...
1/29/2014PR#14-02 Northern Freegold Announces Additional Exploration ...
1/20/2014PR#14-01 Northern Freegold Announces Exploration Results fro...
6/26/2013PR#13-07: Northern Freegold Announces 2013 Exploration Plan ...
5/9/2013Join Northern Freegold Resources at the Metals & Minerals In...
11/8/2012Jay Taylor Comments on Northern Freegold Resources Ltd.
6/4/2012PR #12-12 Northern Freegold Commences Drilling at Freegold M...
2/27/2012Commences Metallurgical Testing at Freegold Mountain, Yukon
1/18/2012Announces First Resource at Revenue Zone at Freegold Mountai...
1/11/2012Summarizes 2011 Exploration Program at the Freegold Mountain...
9/22/2011Intersects 304.8 Metres Averaging 0.47 g/t Au, 3.68 g/t Ag, ...
9/17/2011President of Northern Freegold Resources Steps Down
2/27/2011(Freegold Mountain - Revenue Zone)Identifies Initial Target Deposit at Revenue Zone, Freegold ...
2/22/2011(Freegold Mountain - Nucleus)Announces Updated NI 43-101 Resource Estimate for Nucleus, F...
5/11/2010(Freegold Mountain - Goldy Zone)Initiates Resource Expansion Program on Major Gold and Coppe...
4/29/2010Files Nucleus Deposit NI 43-101 Compliant Technical Report
2/10/2010(Freegold Mountain - Nucleus)Metallurgical Tests Show Excellent Gold Recoveries at Nucleu...
1/18/2010(Freegold Mountain - Goldy Zone)Increases Land Package at Freegold Mountain
12/3/2009(Freegold Mountain - Nucleus)extends gold mineralization to the southwest at Nucleus Zone
11/19/2009(Freegold Mountain - Nucleus) Intersects 9.68 g/t Gold over 4.47 m in Step-Out to Southwe...
10/22/2009(Freegold Mountain - Nucleus)extends gold mineralization at Nucleus Zone
8/10/2009(Freegold Mountain - Nucleus)President's Message from Northern Freegold Resources
7/27/2009(Freegold Mountain - Nucleus)Initial One Million Ounce Resource at Nucleus Zone
1/26/2009(Freegold Mountain - Nucleus)Intersects 4.00 metres of 68.95 g/t Gold
1/27/2009(Freegold Mountain - Nucleus)Freegold Intersects 4.00 Metres of 68.95 g/t Gold Including ...
1/14/2009(Freegold Mountain - Nucleus)Intersects 1.27 metres of 410.00 g/t Gold
12/1/2008CORRECTION News Release: Northern Freegold Drilling Intersec...
9/25/2008(Freegold Mountain - Nucleus)Drilling Intersects 1.75 m of 21.18 g/t Gold
7/29/2008(Freegold Mountain - Nucleus)Intersects 1.23 Metres of 92.74 g/t Gold within 46.96 Metres...
7/2/2008(Burro Creek)Drilling of Vein Extension Intersects 19.7 Feet of 4.08 g/t ...
6/9/2008(Freegold Mountain - Nucleus)Intersects 3.25 Metres of 100.69 g/t Gold within 37.80 Metre...
6/5/2008(Burro Creek)Intersects 168.3 Feet of 0.94 g/t Gold and 56.10 g/t Silver ...
6/4/2008(Freegold Mountain - Nucleus)Initiates Fourth Drill in 25,000 m Diamond Drill Program at ...
5/20/2008Intersects 3.4 Feet of 31.80 g/t Gold and 759.00 g/t Silver ...
4/24/2008(Freegold Mountain - Nucleus) Commences 25,000 m Diamond Drill Program at Freegold Mounta...
4/23/2008(Burro Creek)Intersects 2.6 Feet Of 38.50 G/T Gold Within 69.0 Feet Of 2....
3/26/2008(Burro Creek) Intersects 117.10 Feet of 1.11 g/t Gold and 30.25 g/t Silve...
2/25/2008(Freegold Mountain - Nucleus)Discovers New Mineralized Porphyry Body at Freegold Mountain...
2/8/2008(Burro Creek)Completes Initial Holes of 3,000 m Drill Program at Burro Cr...
1/23/2008Receives Approval for Acquisition of Severance Property in D...
1/22/2008(Tad / Toro)Receives Approval for Acquisition of Tad/Toro Property in Da...
1/21/2008(Burro Creek) Commences 3,000 m drill program at Burro Creek Gold/Silver ...
12/6/2007Step Out Drilling - Intersects 75 m of 4.26 g/t Gold in Nucl...
11/8/2007New High Grade Zone Returns 5.6 feet of 0.52 oz/t Gold, 9.53...
10/24/2007Drill Hole in Nucleus Zone Steps Out 50 m and Returns Longes...
7/24/2007Diamond Drilling in Tinta Zone Extends Vein System Down Dip ...
7/19/2007First 2007 Diamond Drill Hole in Nucleus Zone Steps Out 50 m...
4/7/2006(Severance)2006 Technical report
Corporate news of Northern Freegold Resources
7/7/2016Northern Freegold Begins It's 2016 Yukon Exploration Program...
4/5/2016NORTHERN FREEGOLD COMPLETES PRIVATE PLACEMENT
4/4/2016NORTHERN FREEGOLD ARRANGES PRIVATE PLACEMENT
3/26/2015Northern Freegold Announces Updated NI 43-101 Resource Estim...
2/26/2015Yukon Ranks 1st in Mineral Potential and 9th Overall in the ...
2/2/2015Northern Freegold Closes Financing
1/16/2015Northern Freegold Announces Private Placement
12/17/2014Northern Freegold Reports Technical Disclosure Review
11/18/2014Northern Freegold Resources Ltd. Irene Trench Results Return...
10/30/2014Northern Freegold Resources Ltd. Management Appointments
6/19/2014Northern Freegold Announces 2014 Exploration at Freegold Mou...
5/5/2014Northern Freegold Appoints John Zbeetnoff to its Advisory Bo...
4/1/2014Northern Freegold Appoints Dennis Moore to its Advisory Boar...
11/18/2013PR#13-13 Northern Freegold Announces Approval of All Resolut...
11/14/2013Presents at 2013 Yukon Geoscience Forum, Whitehorse, Yukon, ...
11/6/2013PR#13-12 Northern Freegold Announces New Gold Discovery, Fre...
10/18/2013Presents at YGMA USA Roadshow Oct 21-25, 2013
10/8/2013(Burro Creek)New Northern Freegold Burro Creek Presentation Posted on Web...
7/9/2013(Burro Creek)PR#13-08: Northern Freegold Provides Update on Exploration P...
4/11/2013PR#13-05: Northern Freegold Announces Increase in Private Pl...
4/5/2013PR#13-04: Northern Freegold Closes First Tranche of Financin...
2/20/2013Preliminary Economic Assessment of Northern Freegold's Nucle...
1/31/2013Michael Fowler Comments on Northern Freegold
1/14/2013in the Media
1/9/2013PR#13-01: Northern Freegold Announces Updated NI 43-101 Reso...
1/9/2013Announces Updated NI 43-101 Resource Estimate for Nucleus De...
10/29/2012-Key Upcoming Milestones for the Freegold Mountain Project
10/10/2012PR#12-16 Northern Freegold Extends the Nucleus Gold Deposit
10/10/2012Extends the Nucleus Gold Deposit
9/19/2012Preliminary Metallurgical Results from Nucleus Gold Deposit ...
9/12/2012Preliminary Metallurgical Results from Revenue Cu-Au-Mo Zone...
6/26/2012Ian Gordon Comments on Northern Freegold
6/20/2012President's Letter
5/18/2012PR #12-11 Northern Freegold Appoints Paul Reynolds Vice Pres...
5/11/2012PR #12-10 Northern Freegold Announces Closing of Brokered Pr...
4/5/2012PR #12 - 08 Northern Freegold Adopts Shareholders Rights Pla...
4/2/2012PR #12 - 07 Northern Freegold Scheduled to Begin 25,000 Mete...
3/22/2012Corporate Update Spring 2012
2/7/2012Announces Listing on the OTCQX
12/29/2011Announces Final Drill Results from the 2011 Drill Program at...
5/10/2011Announces Management and Board Changes Mobilization Underway...
7/8/2010Adds Second Drill Ahead of Schedule
5/19/2010President's Message, May 2010
4/14/2010NFR & the Yukon Gold Mining Alliance Forums
3/5/2010Increases Gold Grade and Ounces at Freegold Mountain Project
2/11/2010Invests in Business with Yukon First Nations Project 2010 Te...
1/14/2010Announces Management Transition
1/14/2010NFR provides update on successful 2009 Program at Nucleus Zo...
11/24/2009Whitehorse Open House Westmark Hotel Wednesday, November 25 ...
11/18/2009President's Message from Northern Freegold Resources
11/5/2009executes option agreement for Tad/Toro
8/27/2009Stakes Additional Ground in Dawson Range Mining Camp, Yukon
8/13/2009drills 25 m of 2.45 g/t gold at Nucleus Zone
6/19/2009Completes $3,000,000 Financing
6/19/2009Commences 12,000 m Drill Program
2/27/2009 Investor Update February 2009
2/12/2009Gold Assay Value Increases to 206.50 g/t Gold over 1.24 metr...
12/30/2008Closes Financing of $475,300
12/1/2008Extends Warrant Expiry Dates
11/13/2008Extends Warrant Expiry Dates
11/10/2008Closes Financing of $1.8 Million
9/23/2008What NFR did during your summer vacation
5/21/2008Commences Drilling in Goldy Zone to follow up on 9.3 m of 15...
2/21/2008Confirms Extension of Warrant Expiry Dates
12/19/2007 Closes Financing of $4.334 Million
12/4/2007 Closes Financing of $7.147 Million
11/23/2007Investor Relations Update
11/22/2007 Receives Approval for Acquisition of Nit Property in Dawson...
11/15/2007Drilling Discovers 15.45 g/t Gold over 9.3 metres in Goldy Z...
10/24/2007Receives Approval For Acquisition Of 100% Interest In Nucleu...
10/11/2007Receives Approval for Acquisition of Burro Creek Gold/Silver...
10/1/2007Diamond Drill Program at Freegold Mountain Passes 11,000 Met...
9/10/2007Acquires Additional Property in Dawson Range Gold Belt, Yuko...
9/10/2007Additional Diamond Drill Results in Tinta Zone Confirm Exten...
8/23/2007Acquires 100% Interest in Golden Revenue, Nitro and Sey Prop...
6/28/2007Three Drills in Operation in Three Zones at Freegold Mountai...
6/8/2007Completes First Hole of 15,000 m Diamond Drill Program at Fr...
5/22/2007Announces Financing
5/10/2007Acquires Burro Creek Gold/Silver Property, Arizona
5/7/2007Commences 15,000 m Diamond Drill Program at Freegold Mountai...
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