Northern Freegold Resources

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

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Keywords :   Diamond | Freegold | Gold | Recovery | Shadow | Silver | Water |

       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.


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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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