|
Northern Freegold Intersects 1.27 metres of
410.00 g/t Gold
within
9.36 metres
of 70.19 g/t Gold
in
Nucleus Zone at Freegold
Mountain, Yukon
Vancouver, BC: January 14, 2009. Northern
Freegold Resources Ltd. (NFR: TSX-V) is pleased to announce results from 17 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) and GRD08-073 which 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).� Hole GRD08-099 intersected 1.27 m (4.17 feet) of
410.00 g/t (11.96 oz/t) gold within 9.36 m (30.71 feet) of
70.19 g/t (2.05 oz/t) gold (7.67 m/25.16 feet true width).
Highlights of High Grade Trend Holes
|
Hole
No.
|
Length
(m)
|
From (m)
|
To
(m)
|
Interval
(m)
|
Interval
(feet)
|
Au
(g/tonne)
|
Au
(oz/ton)
|
Cu
%
|
|
GRD08-099
|
303.38
|
109.64
|
119.00
|
9.36
|
30.71
|
70.19
|
2.05
|
0.21
|
|
Incl.
|
|
109.64
|
114.55
|
4.91
|
16.11
|
130.79
|
3.81
|
0.37
|
|
And
|
|
113.28
|
114.55
|
1.27
|
4.17
|
410.00
|
11.96
|
0.72
|
|
GRD08-103
|
313.95
|
64.46
|
71.09
|
6.63
|
21.75
|
5.19
|
0.15
|
0.54
|
|
Incl.
|
|
67.53
|
71.09
|
3.56
|
11.68
|
9.16
|
0.27
|
0.74
|
|
And
|
|
69.85
|
70.24
|
0.39
|
1.28
|
32.80
|
0.96
|
1.26
|
|
GRD08-103
|
|
196.27
|
203.96
|
7.69
|
25.23
|
2.92
|
0.09
|
0.22
|
|
Incl.
|
|
202.1
|
203.96
|
1.86
|
6.10
|
6.67
|
0.19
|
0.47
|
Step
out drilling following up on bulk tonnage targets to the northeast and
southeast intersected 4.99 m (16.37 feet) of
4.18. g/t gold� in Hole GRD08-090
and 31.48 m
(103.25 feet)
of 1.24 g/t gold in Hole GRD08-112.
Highlights of Northeastern and Southeastern
Holes
|
Area
|
Hole
No.
|
Length
(m)
|
From (m)
|
To
�(m)
|
Interval
(m)
|
Interval
(feet)
|
Au
(g/tonne)
|
Au
(oz/ton)
|
Cu
%
|
|
Northeast
|
GRD08-090
|
269.75
|
77.74
|
100.08
|
22.34
|
73.28
|
1.28
|
0.04
|
0.02
|
|
|
Incl.
|
|
77.74
|
������ ���82.73
|
4.99
|
16.37
|
4.18
|
0.12
|
0.02
|
|
Northeast
|
GRD08-079
|
308.07
|
102.26
|
125.34
|
23.08
|
75.72
|
0.75
|
0.02
|
0.08
|
|
|
Incl.
|
|
114.62
|
117.2
|
2.58
|
8.46
|
3.55
|
0.10
|
0.39
|
|
Southeast
|
GRD08-112
|
224.03
|
39.93
|
71.41
|
31.48
|
103.25
|
1.24
|
0.69
|
0.05
|
|
|
Incl.
|
|
61.00
|
63.00
|
2.00
|
6.56
|
4.55
|
0.13
|
0.02
|
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 6 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 included in this news release
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.� 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 seventeen drill holes included in this news release are
listed in the table below.
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 oriented in a general northwest -southeast
direction.� 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. Of the 20 holes drilled in the eastern area of the zone, a total
of 8 holes intersected the gold-rich�copper skarn, of
which 5 have been released to date (GRD08-68, 71, 73, 99 and 103).
Thirteen 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. 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.
Results are still pending for the remaining seven drill holes in this
area.� Five holes were drilled as
step out holes to the southeast.� GRD08-112
reported in this release intersected 31.48 m (103.25 feet) of
1.24 g/t gold.�� Results
are still pending for 3 more holes in the southeastern area.
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 30 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.
Bill Harris, CEO & COO commented "The company is very
pleased that ongoing drill results�
along the east side of the Nucleus�
Zone� continue to return
exceptional high grade gold intervals within the newly discovered gold
rich skarn, and� over long drill hole
intersections� as demonstrated in
the 9.36 m
of over 70 g/t gold intersected in hole GDR08-099. We are also pleased
with the consistency of lower grade bulk tonnage drill hole
intervals that are being returned as well.� We are looking forward to the results
from the 30 drill holes still pending at the Nucleus Zone".
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
Signed "Susan
P. Craig"
Susan P. Craig
President
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.
High
Grade Trend Holes
|
Hole No.
|
Length (m)
|
From (m)
|
To
�(m)
|
Interval (m)
|
Interval (feet)
|
Au (g/tonne)
|
Au (oz/ton)
|
Cu
%
|
|
GRD08-099
|
303.38
|
12.38
|
18.58
|
6.20
|
20.34
|
0.58
|
0.02
|
0.04
|
|
GRD08-099
|
|
42.00
|
47.00
|
5.00
|
16.40
|
0.51
|
0.01
|
0.07
|
|
GRD08-099
|
|
109.64
|
119.00
|
9.36
|
30.71
|
70.19
|
2.05
|
0.21
|
|
incl.
|
|
109.64
|
114.55
|
4.91
|
16.11
|
130.79
|
3.81
|
0.37
|
|
and
|
|
113.28
|
114.55
|
1.27
|
4.17
|
410.00
|
11.96
|
0.72
|
|
GRD08-101
|
251.46
|
*
|
|
|
|
|
|
|
|
GRD08-103
|
313.95
|
64.46
|
71.09
|
6.63
|
21.75
|
5.19
|
0.15
|
0.54
|
|
incl.
|
|
67.53
|
71.09
|
3.56
|
11.68
|
9.16
|
0.27
|
0.74
|
|
and
|
|
69.85
|
70.24
|
0.39
|
1.28
|
32.80
|
0.96
|
1.26
|
|
GRD08-103
|
|
196.27
|
203.96
|
7.69
|
25.23
|
2.92
|
0.09
|
0.22
|
|
incl.
|
|
202.1
|
203.96
|
1.86
|
6.10
|
6.67
|
0.19
|
0.47
|
|
GRD08-103
|
|
212.31
|
214.23
|
1.92
|
6.30
|
3.15
|
0.09
|
0.38
|
|
GRD08-105
|
298.71
|
*
|
|
|
|
|
|
|
|
GRD08-108
|
173.74
|
135.55
|
137.16
|
1.61
|
5.28
|
1.90
|
0.06
|
0.02
|
|
GRD08-108
|
|
144.1
|
146.31
|
2.21
|
7.25
|
1.35
|
0.04
|
0.04
|
|
GRD08-116
|
137.16
|
*
|
|
|
|
|
|
|
|
GRD08-089
|
134.11
|
*
|
|
|
|
|
|
|
|
GRD08-092
|
215.19
|
*
|
|
|
|
|
|
|
*Results less than 2.5
g/t/m were not reported in this table
Southeastern Holes
|
Hole No.
|
Length
(m)
|
From
(m)
|
To
�(m)
|
Interval
(m)
|
Interval
(feet)
|
Au
(g/tonne)
|
Au
(oz/ton)
|
Cu
%
|
|
GRD08-083
|
255.43
|
13.1
|
18.29
|
5.19
|
17.03
|
0.48
|
0.01
|
0.12
|
|
GRD08-083
|
|
43.13
|
50.81
|
7.68
|
25.20
|
1.54
|
0.05
|
0.03
|
|
GRD08-112
|
224.03
|
39.93
|
71.41
|
31.48
|
103.25
|
1.24
|
0.69
|
0.05
|
|
incl.
|
|
39.93
|
50.29
|
10.36
|
33.99
|
1.37
|
0.04
|
0.02
|
|
incl.
|
|
57.18
|
71.41
|
14.23
|
46.69
|
1.67
|
0.05
|
0.08
|
|
and
|
|
61.00
|
63.00
|
2.00
|
6.56
|
4.55
|
0.13
|
0.02
|
|
GRD08-112
|
|
171.70
|
175.20
|
3.50
|
11.48
|
1.56
|
0.03
|
0.01
|
Northeastern Holes
|
Hole No.
|
Length
(m)
|
From
(m)
|
To
�(m)
|
Interval
(m)
|
Interval
(feet)
|
Au
(g/tonne)
|
Au
(oz/ton)
|
Cu
%
|
|
GRD08-079
|
308.07
|
102.26
|
125.34
|
23.08
|
75.72
|
0.75
|
0.02
|
0.08
|
|
incl.
|
|
114.62
|
117.2
|
2.58
|
8.46
|
3.55
|
0.10
|
0.39
|
|
GRD08-079
|
|
129
|
132.59
|
3.59
|
11.78
|
0.79
|
0.02
|
0.03
|
|
GRD08-084
|
257.56
|
228.45
|
232.15
|
3.7
|
12.14
|
1.13
|
0.03
|
0.04
|
|
GRD08-086
|
213.36
|
167.35
|
172.25
|
4.9
|
16.08
|
0.82
|
0.02
|
0.11
|
|
GRD08-090
|
269.75
|
46.70
|
50.49
|
3.79
|
12.43
|
0.93
|
0.03
|
0.06
|
|
GRD08-090
|
|
77.74
|
100.08
|
22.34
|
73.28
|
1.28
|
0.04
|
0.02
|
|
Incl.
|
|
77.74
|
82.73
|
4.99
|
16.37
|
4.18
|
0.12
|
0.02
|
|
GRD08-090
|
|
87.89
|
88.94
|
1.05
|
3.44
|
2.36
|
0.07
|
0.01
|
|
GRD08-095
|
257.55
|
*
|
|
|
|
|
|
|
|
GRD08-096
|
280.42
|
141.30
|
148.60
|
7.30
|
23.95
|
0.43
|
0.01
|
0.13
|
|
GRD08-098
|
276.76
|
237.20
|
241.09
|
3.89
|
12.76
|
0.74
|
0.02
|
0.05
|
*Results less than 2.5
g/t/m were not reported in this table
|