| | Published : June 05th, 2008 | Intersects 168.3 Feet of 0.94 g/t Gold and 56.10 g/t Silver in Drilling at Burro Creek Gold/Silver P |
|
Article
|
Comments
|
Comment this article
|
Rating
|
♥
Follow Company
|
|
|
|
|
|
NEWS RELEASE |
|
|
Thursday, June 05, 2008 Northern Freegold Intersects 168.3 Feet of 0.94 g/t Gold and 56.10 g/t Silver in Drilling at Burro Creek Gold/Silver Property, Arizona
Press Release #08-17
Burro Creek Plan Map
Burro Creek Section Map
Vancouver, BC. June 5, 2008. Northern Freegold Resources Ltd. (NFR: TSX-V) is pleased to announce results from an additional eight Diamond drill holes at the Burro Creek Gold/Silver Property located in northwestern Arizona, U.S.A. The main focus of the drill program is to confirm and update historical results on an open pit type epithermal gold/silver mineralized zone on the property and to drill test areas on the property with potential to discover additional mineralization within the extensive epithermal vein system. The drill program was completed April 11, 2008 with 33 holes, totaling 8,414 feet (2,565 m) drilled along the vein system. Additional results from the remaining 10 holes will be released, as they are received, compiled and interpreted.
Burro Creek Property Highlights
- Drill hole BC08-038 intersects 168.3 feet of 0.94 g/t gold and 56.10 g/t silver including:
- 87.7 feet of 1.20 g/t gold and 43.96 g/t silver
- Drill hole BC08-44 intersects 90.62 feet of 0.75 g/t gold and 65.00 g/t silver including:
- 40.85 feet of 1.35 g/t gold and 20.79 g/t silver
- > 1 mile known strike length of vein system up to 150 feet wide, open in both directions and to depth
- Portion of vein 1,000 feet long and 750 feet deep was fully permitted for open pit mining operations in mid 1980s
- Excellent infrastructure with Arizona State Highway 93, parallel high tension powerlines within 1.6 km of deposit; water rights secured on the property
Bill Harris, CEO commented "The results from the Burro Creek drill program to date are confirming historical results and reflect Northern Freegold's goal of developing resources and building reserves. Drill holes BC08-38 through 40, and BC08-43 through 45 step out along section from previously released results (BC08-23 and 24) and confirm that there is potential to expand the historical resources."
Burro Creek Drill Results Holes BC08-38 to 45
Hole No. |
Length |
From |
To |
Thickness |
Thickness |
Au |
Au |
Ag |
Ag |
m |
m |
m |
m |
feet |
g/tonne |
oz/ton |
g/tonne |
oz/ton |
BC08-038 |
140.20 |
69.38 |
120.69 |
51.31 |
168.3 |
0.94 |
0.027 |
56.10 |
1.64 |
including |
|
93.96 |
120.69 |
26.73 |
87.7 |
1.20 |
0.035 |
43.96 |
1.28 |
BC08-039 |
126.49 |
53.76 |
87.87 |
34.11 |
111.9 |
0.64 |
0.019 |
83.74 |
2.443 |
includes |
|
75.56 |
87.87 |
12.31 |
40.4 |
1.09 |
0.032 |
47.46 |
1.384 |
BC08-040 |
85.34 |
44.10 |
54.53 |
12.47 |
40.9 |
2.23 |
0.065 |
38.06 |
1.110 |
including |
|
50.54 |
54.53 |
3.99 |
13.1 |
5.23 |
0.153 |
15.39 |
0.449 |
And |
&nsbp; |
65.44 |
66.33 |
0.89 |
2.9 |
7.90 |
0.230 |
34.00 |
0.992 |
BC08-041 |
102.10 |
48.76 |
58.23 |
9.47 |
31.1 |
1.18 |
0.034 |
48.40 |
1.412 |
BC08-042 |
62.48 |
25.40 |
34.32 |
8.92 |
29.3 |
1.88 |
0.055 |
34.12 |
0.995 |
includes |
|
30.78 |
32.40 |
1.62 |
5.3 |
7.16 |
0.209 |
39.00 |
1.138 |
BC08-043 |
150.87 |
106.78 |
126.98 |
20.2 |
66.3 |
0.86 |
0.025 |
42.19 |
1.230 |
Includes |
|
117.95 |
124.78 |
6.83 |
22.4 |
1.20 |
0.035 |
25.39 |
0.741 |
BC08-044 |
117.35 |
62.48 |
90.10 |
27.62 |
90.6 |
0.75 |
0.022 |
65.00 |
1.896 |
Including |
|
77.65 |
90.10 |
12.45 |
40.9 |
1.35 |
0.039 |
20.79 |
0.606 |
BC08-045 |
185.93 |
145.81 |
161.54 |
15.73 |
51.6 |
0.83 |
0.024 |
4.09 |
0.119 |
Including |
|
151.70 |
161.54 |
9.84 |
32.3 |
1.20 |
0.035 |
5.59 |
0.163 |
Drilling Status Holes BC 08-38 to 40, and BC 08-43 to 45 were step-out holes drilled down dip along section to test the extent of the vein. These holes are on the same section as BC 08-23 and 24 which returned 156.1 feet (47.6 m) of 0.85 g/t gold and 51.30 g/t silver and 117.1 feet (35.7 m) of 1.11 g/t gold and 30.25 g/t silver respectively (see press release dated March 26, 2008) and BC 08-36 and 37 which returned 91.2 feet (27.79 m) of 1.11 g/t gold and 54.49 g/t silver and 55.2 feet (16.83 m) of 0.95 g/t gold and 45.62 g/t silver respectively (see press release dated May 20, 2008).
Holes BC08-038 was a vertical hole which intersected the vein at 223 feet (68 m). BC08-039, a vertical hole intersected the vein at 177 feet (54 m) while BC08-040 drilled from the same pad at a 60 degree angle intersected vein material at 114 feet (35 m). Results from the vein intersections are outlined in the table above, as well as in the plan map and section, as can be seen at www.northernfreegold.com.
Holes BC08-041 and 042 were drilled from the same pad. Hole BC08-041, was a vertical hole while Hole BC 08-042, was drilled at a 45 degree angle.
Holes BC08-043, 044 and 045 were drilled from the same pad. BC08-043, was a vertical hole while BC 08-044, drilled at a 65 degree angle intersected the vein at 210 feet (64 m), and BC 08-045 drilled to the north at a 70 degree angle intersected the vein at 421 feet (128 m ).
The Burro Creek Property The Burro Creek Property is located 1 mile (1.6 km) off State Highway 93 in Mohave County, Arizona, 65 miles (105 km) southeast of Kingman, Arizona, and 164 miles (265 km) southeast of Las Vegas, Nevada. The 3000 acre property consists of four patented mineral claims and 150 surrounding unpatented mineral claims.
The Property covers a low-sulphidation epithermal vein system that has been traced for over 1 mile (1.7 km) and exhibits widths of up to 150 feet (45 m). A NI 43-101 report dated July 17, 2007 entitled "Evaluation Report of the Burro Creek Project" has been completed by J. Pautler, P. Geo., an independent qualified person. Previous reverse circulation, Diamond drilling and underground development conducted on the property focused on a 1,000 foot (300 m) strike length in the central block of the exposed vein system and outlined a historical gold and silver resource of 2.6 million tons with an average grade of 0.03 oz gold and 1.1 oz silver per ton. These historical results reported in the NI 43-101 report are considered by management to be reliable and relevant, though not conforming to current NI 43-101 standards.
The Property was fully permitted to commence production in the 1980s, but the production decision was deferred due to a decline in the gold price. At that time, the intent was to place the existing resource into production, and continue to expand the resource through exploration funded by the ensuing profits.
Quality Control and Assurance The holes were drilled by a skid mounted Diamond drill with NTW core size (5.6cm/2.2 inches in diameter). All core samples from Diamond drilling are split and sent to ALS Chemex Laboratory in Reno for analysis. Blanks, commercial standards and duplicate core samples are included in each batch. All samples from the channel chip sampling were also sent to ALS Chemex Laboratory. Gold is analysed on 30 gram pulps by fire assay followed by aqua regia digestion and Atomic Absorption Spectrometry (AAS). Gold values greater than 1000 ppb are reanalysed by gravimetric fire assay. Silver is analysed by aqua regia digestion and Atomic Emission Spectrometry (AES). Other elements are analysed by 28 element ICP analysis after aqua regia digestion. Additional check analyses and assays will be carried out by EcoTech Laboratories in Kamloops. 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 Susan P. Craig, 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.
Click to Enlarge
Click to Enlarge |
|
|
|
|
|
|
|
|
Northern Freegold Resources
|
|
EXPLORATION STAGE |
CODE : NFR.V |
ISIN : CA6651671027 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
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. |
Corporate Presentations of Northern Freegold Resources |
Annual reports of Northern Freegold Resources |
Financings of Northern Freegold Resources |
Option Grants of Northern Freegold Resources |
Nominations of Northern Freegold Resources |
Project news of Northern Freegold Resources |
2/27/2014 | PR#14-03 Northern Freegold Reviews 2013 Exploration Results ... |
1/29/2014 | PR#14-02 Northern Freegold Announces Additional Exploration ... |
1/20/2014 | PR#14-01 Northern Freegold Announces Exploration Results fro... |
6/26/2013 | PR#13-07: Northern Freegold Announces 2013 Exploration Plan ... |
5/9/2013 | Join Northern Freegold Resources at the Metals & Minerals In... |
11/8/2012 | Jay Taylor Comments on Northern Freegold Resources Ltd. |
6/4/2012 | PR #12-12 Northern Freegold Commences Drilling at Freegold M... |
2/27/2012 | Commences Metallurgical Testing at Freegold Mountain, Yukon |
1/18/2012 | Announces First Resource at Revenue Zone at Freegold Mountai... |
1/11/2012 | Summarizes 2011 Exploration Program at the Freegold Mountain... |
9/22/2011 | Intersects 304.8 Metres Averaging 0.47 g/t Au, 3.68 g/t Ag, ... |
9/17/2011 | President 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... |
4/29/2010 | Files 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 |
12/1/2008 | CORRECTION 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 ... |
5/20/2008 | Intersects 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... |
1/23/2008 | Receives 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 ... |
12/6/2007 | Step Out Drilling - Intersects 75 m of 4.26 g/t Gold in Nucl... |
11/8/2007 | New High Grade Zone Returns 5.6 feet of 0.52 oz/t Gold, 9.53... |
10/24/2007 | Drill Hole in Nucleus Zone Steps Out 50 m and Returns Longes... |
7/24/2007 | Diamond Drilling in Tinta Zone Extends Vein System Down Dip ... |
7/19/2007 | First 2007 Diamond Drill Hole in Nucleus Zone Steps Out 50 m... |
4/7/2006 | (Severance)2006 Technical report |
|
Corporate news of Northern Freegold Resources |
7/7/2016 | Northern Freegold Begins It's 2016 Yukon Exploration Program... |
4/5/2016 | NORTHERN FREEGOLD COMPLETES PRIVATE PLACEMENT |
4/4/2016 | NORTHERN FREEGOLD ARRANGES PRIVATE PLACEMENT |
3/26/2015 | Northern Freegold Announces Updated NI 43-101 Resource Estim... |
2/26/2015 | Yukon Ranks 1st in Mineral Potential and 9th Overall in the ... |
2/2/2015 | Northern Freegold Closes Financing |
1/16/2015 | Northern Freegold Announces Private Placement |
12/17/2014 | Northern Freegold Reports Technical Disclosure Review |
11/18/2014 | Northern Freegold Resources Ltd. Irene Trench Results Return... |
10/30/2014 | Northern Freegold Resources Ltd. Management Appointments |
6/19/2014 | Northern Freegold Announces 2014 Exploration at Freegold Mou... |
5/5/2014 | Northern Freegold Appoints John Zbeetnoff to its Advisory Bo... |
4/1/2014 | Northern Freegold Appoints Dennis Moore to its Advisory Boar... |
11/18/2013 | PR#13-13 Northern Freegold Announces Approval of All Resolut... |
11/14/2013 | Presents at 2013 Yukon Geoscience Forum, Whitehorse, Yukon, ... |
11/6/2013 | PR#13-12 Northern Freegold Announces New Gold Discovery, Fre... |
10/18/2013 | Presents 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... |
4/11/2013 | PR#13-05: Northern Freegold Announces Increase in Private Pl... |
4/5/2013 | PR#13-04: Northern Freegold Closes First Tranche of Financin... |
2/20/2013 | Preliminary Economic Assessment of Northern Freegold's Nucle... |
1/31/2013 | Michael Fowler Comments on Northern Freegold |
1/14/2013 | in the Media |
1/9/2013 | PR#13-01: Northern Freegold Announces Updated NI 43-101 Reso... |
1/9/2013 | Announces Updated NI 43-101 Resource Estimate for Nucleus De... |
10/29/2012 | -Key Upcoming Milestones for the Freegold Mountain Project |
10/10/2012 | PR#12-16 Northern Freegold Extends the Nucleus Gold Deposit |
10/10/2012 | Extends the Nucleus Gold Deposit |
9/19/2012 | Preliminary Metallurgical Results from Nucleus Gold Deposit ... |
9/12/2012 | Preliminary Metallurgical Results from Revenue Cu-Au-Mo Zone... |
6/26/2012 | Ian Gordon Comments on Northern Freegold |
6/20/2012 | President's Letter |
5/18/2012 | PR #12-11 Northern Freegold Appoints Paul Reynolds Vice Pres... |
5/11/2012 | PR #12-10 Northern Freegold Announces Closing of Brokered Pr... |
4/5/2012 | PR #12 - 08 Northern Freegold Adopts Shareholders Rights Pla... |
4/2/2012 | PR #12 - 07 Northern Freegold Scheduled to Begin 25,000 Mete... |
3/22/2012 | Corporate Update Spring 2012 |
2/7/2012 | Announces Listing on the OTCQX |
12/29/2011 | Announces Final Drill Results from the 2011 Drill Program at... |
5/10/2011 | Announces Management and Board Changes Mobilization Underway... |
7/8/2010 | Adds Second Drill Ahead of Schedule |
5/19/2010 | President's Message, May 2010 |
4/14/2010 | NFR & the Yukon Gold Mining Alliance Forums |
3/5/2010 | Increases Gold Grade and Ounces at Freegold Mountain Project |
2/11/2010 | Invests in Business with Yukon First Nations Project 2010 Te... |
1/14/2010 | Announces Management Transition |
1/14/2010 | NFR provides update on successful 2009 Program at Nucleus Zo... |
11/24/2009 | Whitehorse Open House Westmark Hotel Wednesday, November 25 ... |
11/18/2009 | President's Message from Northern Freegold Resources |
11/5/2009 | executes option agreement for Tad/Toro |
8/27/2009 | Stakes Additional Ground in Dawson Range Mining Camp, Yukon |
8/13/2009 | drills 25 m of 2.45 g/t gold at Nucleus Zone |
6/19/2009 | Completes $3,000,000 Financing |
6/19/2009 | Commences 12,000 m Drill Program |
2/27/2009 | Investor Update February 2009 |
2/12/2009 | Gold Assay Value Increases to 206.50 g/t Gold over 1.24 metr... |
12/30/2008 | Closes Financing of $475,300 |
12/1/2008 | Extends Warrant Expiry Dates |
11/13/2008 | Extends Warrant Expiry Dates |
11/10/2008 | Closes Financing of $1.8 Million |
9/23/2008 | What NFR did during your summer vacation |
5/21/2008 | Commences Drilling in Goldy Zone to follow up on 9.3 m of 15... |
2/21/2008 | Confirms Extension of Warrant Expiry Dates |
12/19/2007 | Closes Financing of $4.334 Million |
12/4/2007 | Closes Financing of $7.147 Million |
11/23/2007 | Investor Relations Update |
11/22/2007 | Receives Approval for Acquisition of Nit Property in Dawson... |
11/15/2007 | Drilling Discovers 15.45 g/t Gold over 9.3 metres in Goldy Z... |
10/24/2007 | Receives Approval For Acquisition Of 100% Interest In Nucleu... |
10/11/2007 | Receives Approval for Acquisition of Burro Creek Gold/Silver... |
10/1/2007 | Diamond Drill Program at Freegold Mountain Passes 11,000 Met... |
9/10/2007 | Acquires Additional Property in Dawson Range Gold Belt, Yuko... |
9/10/2007 | Additional Diamond Drill Results in Tinta Zone Confirm Exten... |
8/23/2007 | Acquires 100% Interest in Golden Revenue, Nitro and Sey Prop... |
6/28/2007 | Three Drills in Operation in Three Zones at Freegold Mountai... |
6/8/2007 | Completes First Hole of 15,000 m Diamond Drill Program at Fr... |
5/22/2007 | Announces Financing |
5/10/2007 | Acquires Burro Creek Gold/Silver Property, Arizona |
5/7/2007 | Commences 15,000 m Diamond Drill Program at Freegold Mountai... |
|
|