Northern Freegold Resources Ltd. (TSX VENTURE:NFR) is pleased to announce results from 18 additional drill holes in the Nucleus Zone at the district scale 166 sq km (64 sq mile) Freegold Mountain Project in the Yukon Territory. Eight drill holes were step out holes focused in the vicinity of the higher grade trend of the Nucleus Zone where previously announced drill holes GRD08-068 intersected 3.25 m of 100.69 g/t gold within 37.80 m of 10.41 g/t gold (see press release dated June 9,2008); GRD08-073 intersected 1.23 m of 92.74 g/t gold within 46.96 m of 9.6 g/t gold (see press release dated July 29,2008) and GRD08-099 intersected 1.27 m of 410.00 g/t gold within 9.36 m of 70.19 g/t(7.67 m/25.16 feet true width (see press release dated January 14, 2009)). Hole GRD08-114 intersected 0.96 m (3.15 feet) of 256.00 g/t gold (7.47 oz/ton) within 4.00 (13.12 feet) of 68.95 g/t (2.01 oz/ton) gold in one interval as well as 12.39 m (40.65 feet) of 7.98 g/t (0.23 oz/ton) gold including 3.0 m (9.84 feet) of 14.64 g/t (0.43 oz/ton) gold in another interval.
Highlights of High Grade Trend Holes
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Hole Length From To Interval Interval Au Au Cu
No. (m) (m) (m) (m) (feet) (g/tonne) (oz/ton) %
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GRD08-114 280.42 21.00 25.00 4.00 13.12 68.95 2.01 0.05
Incl. 22.67 23.63 0.96 3.15 256.00 7.47 0.02
GRD08-114 79.42 91.81 12.39 40.65 7.98 0.23 0.11
Incl. 83.00 86.00 3.00 9.84 14.64 0.43 0.06
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GRD08-118 204.22 96.30 98.88 2.58 8.46 8.16 0.24 0.40
Incl. 96.30 97.52 1.22 4.00 16.60 0.48 0.41
GRD08-118 118.50 122.01 3.51 11.52 24.20 0.71 0.15
Incl. 120.40 122.01 1.61 5.28 52.10 1.52 0.15
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GRD08-110 289.56 27.18 51.00 23.82 78.13 1.91 0.06 0.31
Incl. 42.39 51.00 8.61 28.24 4.27 0.12 0.43
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GRD08-075 245.35 27.77 35.17 7.40 24.28 4.01 0.12 0.16
Incl. 33.17 35.17 2.00 6.56 13.40 0.39 0.15
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To view the drill map accompanying this press release, please click on the following link: http://media3.marketwire.com/docs/nfrfig1.pdf
Bill Harris, CEO & COO commented "Results from the Nucleus Zone continue to demonstrate that the area hosts incredibly rich gold values within several different styles of mineralization over hundreds of metres. The intersection of multiple high grade intersections in hole 114, drilled to the west and stepping out to the southeast, indicates the potential to expand the known width of the easterly striking high grade trend. Hole 118, drilled to the north, returned multiple intersections of high grade gold, and is interpreted to have intersected three limbs of east-west trending metasediments. The repeating nature of the folding encountered in the high grade gold/copper mineralization may continue over an extensive area."
Nucleus Zone (partial results)
The Nucleus Zone is located in the western portion of the Freegold Mountain Project. A total of 53 holes were drilled in 2008 in the Nucleus Zone (13,287 m/45,352 feet). Results received from 23 previously reported holes drilled in the Nucleus in 2008 indicated the presence of gold-rich (abundant visible gold in some samples) sulphide lenses in addition to hydrothermal vein style mineralization. The high grade lenses returned 3.25 m of 100.69 g/t gold within 37.80 m of 10.41 g/t gold and 2.34 m of 92.74 g/t gold within 46.96 m of 9.60 g/t gold (see press releases dated June 9, 2008 and July 29, 2008). Hole GRD08-099 intersected 1.27 m of 410.00 g/t gold within 9.36 m of 70.19 g/t gold in a gold-rich+/-copper skarn (see press release dated January 14, 2009).
Hole GRD08-118 in the high grade trend area of the Nucleus zone and reported in this news release intersected two gold-rich+/-copper skarn intervals (2.58 m of 8.16 g/t gold including 1.22 m of 16.60 g/t gold and 3.51 m of 24.20 g/t gold including 1.61 m of 52.10 g/t gold).
Hole GRD08-114 in the high grade trend area of the Nucleus zone and reported in this news release intersected 4.0 m of 68.95 g/t gold including 0.96 m of 256.00 g/t gold in one interval and 12.39 m of 7.98 g/t gold including 3.0 m of 14.64 g/t gold in another interval within metasediments and porphyritic intrusives.
Drill sections and a 3D visualization can be viewed at www.corebox.net or by following a link on the Company's website at www.northernfreegold.com. Significant results from the eighteen drill holes included in this news release are listed in the table at the end of the release.
The Nucleus Zone was originally identified as a low grade bulk tonnage near surface gold target. The majority of past exploration drilling focused on targeting the low grade bulk tonnage gold mineralization that appears to be associated with porphyritic dykes and breccia zones. High grade gold bearing quartz + chalcopyrite +/- pyrite veins and gold bearing infill in breccias, and gold-rich +/- copper skarns have now been also indentified in a different orientation within the Nucleus zone area. Data generated from oriented core analysis coupled with ongoing geological modeling of the Nucleus zone has revealed that the gold-rich +/- copper skarns encountered to date appear to follow the east-west orientation of the foliation within the metasediments and that a set of gold bearing quartz + chalcopyrite +/- pyrite veins also trend east-west.
Fifteen holes were drilled in the northeast part of the Nucleus Zone following up on results from rotary holes drilled in the same area in 2007. The holes were drilled at 50 m spacing and are all step out holes. Of the seven holes released on Jan. 14, 2009, significant results were returned from at least two of the holes, including 23.08 m of 0.75 g/t gold in GRD08-079 and 4.99 m of 4.18 g/t gold in GRD08-090. Hole GRD08-077 announced in this release intersected 6.23 m of 1.43 g/t gold and 13.6 m of 1.46 g/t gold - in a separate intersection.
Four holes were drilled as step out holes to the southeast. GRD08-112 previously reported on January 14, 2009 intersected 31.48 m (103.25 feet) of 1.24 g/t gold. Results from the 2 remaining step out holes to the southeast are included in the table at the end of the release.
Modeling of the geology and the petrogenesis of the mineralization is in process. A NI 43-101 compliant resource will be calculated on the Nucleus Zone in 2009 once the results from the remaining 12 holes are received and interpreted. The new geological model will help define targets to expand mineralization which is open in all directions and to depth.
Freegold Mountain Project
The Freegold Mountain Project is a road accessible district scale property that covers 166 square km (64 square miles). Within the project expanse are at least 20 known mineralized zones, some with historical resource estimates (not compliant with NI 43-101). Northern Freegold has been actively drilling on five of those zones (2% of the total project area), two of which to calculate NI 43-101 resource calculations at the end of the 2008 program (Nucleus and Tinta), and 3 of which are still at an exploration stage (Goldy, Stoddart, Ridge).
The district scale Freegold Mountain Project is situated within the Dawson Range portion of the Tintina Gold Belt, characterized by plutonic rocks of the ca 100 million year old Cretaceous Dawson Range Batholith and Early Jurassic metaplutonic rocks, intruding Devono-Mississippian metavolcanic and metasedimentary rocks of the Yukon-Tanana terrane. The Dawson Range is a well-mineralized belt over 100 km long, extending from Mount Freegold northwesterly to the Casino copper-gold porphyry deposit. This belt is transected by the west-northwest trending Big Creek Fault, which provides the locus for many mineral occurrences including placer gold deposits, porphyry gold-copper mineralization, gold veins and breccias. The Freegold Mountain Project covers a 35 km long section of this belt.
Tinta Zone
The Tinta Zone, located 22 km to the east from the Nucleus Zone, is a high grade gold-silver-copper polymetallic vein system. The 2008 program was focused on drilling the vein system such that a NI 43-101 compliant resource may be calculated at the Tinta Zone, upon receipt of results. A total of 17 holes totaling 3,807 m (12,487 feet) have been drilled. Results are pending on all 17 holes.
Stoddart Zone
The Stoddart Zone is located 8 km from the Nucleus Zone. Two holes, testing a soil geochemical anomaly, drilled at the end of the 2007 program intersected porphyry style mineralization at the Stoddart Zone. A total of 10 holes totaling 2560 m (8,397 feet) have been drilled in 2008 to expand upon the 2007 discovery of porphyry mineralization. Results are pending on all 10 holes.
Quality Control and Assurance. The holes were drilled by a skid mounted Diamond drill with NTW core size (5.6 cm/2.2 inches in diameter). All core samples from Diamond drilling are split and sent to EcoTech Laboratory in Whitehorse for sample preparation and then to EcoTech Laboratory in Kamloops for analysis. Blanks, commercial standards and duplicate core samples are included in each batch.
To determine Au levels at the ppb level (detection limit 5-1000 ppb) 30 g samples are fire assayed then digested in aqua regia solution and analyzed by atomic absorption. Over-limit values are re-assayed by fire assay and then digested with aqua regia and then re-analyzed by an atomic absorption instrument (detection limit 0.03 g/t). Other elements are analyzed by a 29 elements package (ICP-AES analysis). Additional check-analyses will be carried out by ALS-Chemex in North Vancouver.
Intervals reported in this release do not necessarily represent true widths of mineralization.
The technical information disclosed in this release has been reviewed and approved by Dr. Fabrizio Colombo, P.Geo.
Northern Freegold is a well financed 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 Arizona.
Northern Freegold Resources Ltd.
On behalf of the Board of Directors
Susan P. Craig, President
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.
High Grade Trend Holes
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Hole Length From To Interval Interval Au Au Cu
No. (m) (m) (m) (m) (feet) (g/tonne) (oz/ton) %
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GRD08-074 227.08 (i)
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GRD08-075 245.35 27.77 35.17 7.40 24.28 4.01 0.12 0.16
incl. 33.17 35.17 2.00 6.56 13.40 0.39 0.15
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GRD08-078 324.62 6.10 10.67 4.57 14.99 1.69 0.05 0.08
GRD08-078 43.50 47.10 3.60 11.81 0.49 0.01 0.09
GRD08-078 58.05 59.65 1.60 5.25 1.80 0.05 0.32
GRD08-078 69.35 76.55 7.20 23.62 0.78 0.02 0.37
GRD08-078 81.00 89.40 8.40 27.56 0.88 0.03 0.29
GRD08-078 98.60 99.15 0.55 1.80 3.05 0.09 0.09
GRD08-078 297.30 298.80 1.50 4.92 2.20 0.06 0.01
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GRD08-094 309.38 (i)
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GRD08-097 304.80 16.82 28.63 11.81 38.75 0.77 0.02 0.06
GRD08-097 35.05 37.05 2.00 6.56 1.89 0.06 0.12
GRD08-097 58.10 59.81 1.71 5.61 1.09 0.03 0.06
GRD08-097 89.02 90.12 1.10 3.61 1.14 0.03 0.05
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GRD08-110 289.56 5.00 6.50 1.50 4.92 4.51 0.13 0.05
GRD08-110 27.18 51.00 23.82 78.13 1.91 0.06 0.31
Incl. 42.39 51.00 8.61 28.24 4.27 0.12 0.43
GRD08-110 111.00 119.00 8.00 26.25 0.82 0.02 0.18
GRD08-110 153.00 156.10 3.10 10.17 1.30 0.04 0.08
GRD08-110 203.68 205.49 1.81 5.94 1.22 0.04 0.04
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GRD08-114 280.42 21.00 25.00 4.00 13.12 68.95 2.01 0.05
incl. 22.67 23.63 0.96 3.15 256.00 7.47 0.02
GRD08-114 39.00 41.00 2.00 6.56 1.06 0.03 0.10
GRD08-114 64.50 65.43 0.93 3.05 11.20 0.33 0.11
GRD08-114 73.00 75.00 2.00 6.56 1.91 0.06 0.20
GRD08-114 79.42 91.81 12.39 40.65 7.98 0.23 0.11
incl. 83.00 86.00 3.00 9.84 14.64 0.43 0.06
GRD08-114 97.00 100.00 3.00 9.84 1.15 0.03 0.11
GRD08-114 110.00 111.44 1.44 4.72 3.67 0.11 0.01
GRD08-114 113.00 115.00 2.00 6.56 1.96 0.06 0.10
GRD08-114 154.71 156.00 1.29 4.23 2.63 0.08 0.03
GRD08-114 173.00 174.22 1.22 4.00 1.94 0.06 0.07
GRD08-114 190.00 192.00 2.00 6.56 4.76 0.14 0.03
GRD08-114 198.58 200.50 1.92 6.30 2.66 0.08 0.04
GRD08-118 204.22 1.13 15.82 14.69 48.20 0.77 0.02 0.05
GRD08-118 65.78 70.90 5.12 16.80 1.19 0.03 0.09
GRD08-118 75.17 87.00 11.83 38.81 1.43 0.04 0.18
GRD08-118 90.85 92.25 1.40 4.59 1.52 0.04 0.14
GRD08-118 96.30 98.88 2.58 8.46 8.16 0.24 0.40
incl. 96.30 97.52 1.22 4.00 16.60 0.48 0.41
GRD08-118 118.50 122.01 3.51 11.52 24.20 0.71 0.15
incl. 120.40 122.01 1.61 5.28 52.10 1.52 0.15
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(i)Results less than 2.5 g/t/m were not reported in this table, unless the
grade was greater than 1 g/t
Northeastern Holes
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Hole Length From To Interval Interval Au Au Cu
No. (m) (m) (m) (m) (feet) (g/tonne) (oz/ton) %
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GRD08-076 248.41 (i)
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GRD08-077 231.65 93.14 104.35 11.21 36.78 0.82 0.02 0.04
GRD08-077 109.25 115.48 6.23 20.44 1.43 0.04 0.07
GRD08-077 129.86 143.46 13.60 44.62 1.46 0.04 0.05
GRD08-080 307.85 71.03 79.78 8.75 28.71 0.92 0.03 0.01
GRD08-080 105.92 109.25 3.33 10.93 1.82 0.05 0.01
GRD08-080 131.95 134.47 2.52 8.27 1.24 0.04 0.03
GRD08-080 143.14 144.30 1.16 3.81 1.66 0.05 0.01
GRD08-080 157.60 161.75 4.15 13.62 0.85 0.02 0.02
GRD08-080 190.40 198.43 8.03 26.35 0.51 0.01 0.03
GRD08-080 235.02 240.30 5.28 17.32 1.01 0.03 0.01
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GRD08-082 222.50 169.32 170.70 1.38 4.53 6.82 0.20 0.51
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GRD08-085 232.87 23.15 27.30 4.15 13.62 0.95 0.03 0.00
GRD08-085 169.60 171.55 1.95 6.40 1.67 0.05 0.03
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GRD08-088 217.93 152.20 153.90 1.70 5.58 5.98 0.17 0.03
GRD08-088 205.05 207.40 2.35 7.71 1.03 0.03 0.02
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GRD08-091 249.94 2.25 4.47 2.22 7.28 2.36 0.07 0.01
GRD08-091 159.50 161.00 1.50 4.92 2.60 0.08 0.09
GRD08-091 170.40 175.50 5.10 16.73 0.71 0.02 0.44
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GRD08-093 329.18 139.45 141.15 1.70 5.58 1.29 0.04 0.00
GRD08-093 192.39 199.33 6.94 22.77 0.79 0.02 0.07
GRD08-093 207.64 210.81 3.17 10.40 1.29 0.04 0.12
GRD08-093 230.77 236.35 5.58 18.31 0.60 0.02 0.11
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(i)Results less than 2.5 g/t/m were not reported in this table, unless the
grade was greater than 1 g/t
Southeastern Holes
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Hole Length From To Interval Interval Au Au Cu
No. (m) (m) (m) (m) (feet) (g/tonne) (oz/ton) %
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GRD08-081 369.20 135.09 143.34 8.25 27.07 1.10 0.03 0.15
GRD08-081 196.60 197.85 1.25 4.10 1.98 0.06 0.08
GRD08-081 206.60 208.57 1.97 6.46 1.04 0.03 0.01
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GRD08-087 317.00 8.20 13.81 5.61 18.41 0.44 0.01 0.02
GRD08-087 21.11 24.60 3.49 11.45 0.92 0.03 0.13
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(i)Results less than 2.5 g/t/m were not reported in this table, unless the
grade was greater than 1 g/t
FOR FURTHER INFORMATION PLEASE CONTACT:
Northern Freegold Resources Ltd.
Sarah Longhurst
Investor Relations Manager
1-877-893-8757 or (604) 893-8757
(604) 893-8758 (FAX)
Website: www.northernfreegold.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.