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Tuesday, April 22, 2008
Northern Freegold Intersects 2.6 Feet Of 38.50 G/T Gold Within 69.0 Feet Of 2.72 G/T Gold In Drilling At Burro Creek Gold/Silver Property, Arizona
Vancouver, BC. April 22, 2008. Northern Freegold Resources Ltd. (NFR: TSX-V) is pleased to announce results from an additional five 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 epithermal vein system. The drill program was completed April 11, 2008 with 33 holes, totaling 2,565m (8,414 feet) drilled along the vein system. Additional results from the remaining 26 holes will be released, as they are received, compiled and interpreted.
Burro Creek Property Highlights
- Drill hole (BC08-28) intersects 21.05metres (69.0 feet) of 2.72 g/t (0.079 oz/ton) gold and 43.15 g/t (1.259 oz/ton) silver including:
- 0.78 m (2.6 feet) of 38.50 g/t (1.123 oz/ton) gold and 83.00 g/t (2.421 oz/ton) silver
- Drill hole (BC08-27) intersects 43.34 metres (142.2 feet) of 0.82 g/t (0.024 oz/ton) gold and 25.78 g/t (0.752 oz/ton) silver including:
- 4.96 m (16.3 feet) of 3.53 g/t (0.103 oz/ton) gold and 25.31 g/t (0.738 oz/ton) silver
- 1.7 km known strike length of vein system up to 45 metres (147.6 feet) wide, open in both directions and to depth
- Portion of vein 300 m (984 feet) long and 230 m (754.4 feet) deep was fully permitted for open pit mining operations in mid 1980s
- Excellent infrastructure with Arizona State Highway, parallel high tension powerlines within 1.6 km of deposit; water rights secured
Susan Craig, President commented "These drill results at Burro Creek confirm historical results from the property and reflect Northern Freegold's goal of developing resources and building reserves. Results from the remaining 26 drill holes, some of which were drilled to test the vein along strike and to depth, will provide further insight into the potential to expand the historical resources."
Drilling Status
Holes BC08-25 and 26 were drilled from the same pad, near where the Burro Creek vein outcrops. BC08-025 drilled at a 45 degree angle intersected the vein near the start of the hole and continued until 25.38 m. BC08-026, a vertical hole intersected the vein near 4 m and continued in the vein material until 42 metres.
BC08-027 was the first deep hole drilled on the property this season, and intersected the Burro vein at 97.1 m. The vein appeared to end at 127.53 m, however the contact between the vein and the granite schist footwall is brecciated and continued to return results to 140 m, with higher grade gold values intersected between 133.63 to 138.59 m.
Holes BC08-028 and 29 were drilled from the same pad. BC08-028, drilled vertically intersected the vein around 10 m and continued until 31 m. High grade values of 38.50 g/t gold and 83.00 g/t silver were intersected over 0.78 m at 18 m depth. Hole BC08-029 was drilled at a 45 degree angle and intersected the vein from 3 to 21 metres.
Results from the vein intersections are outlined in the table below, as well as in the plan map and section, as can be seen at www.northernfreegold.com.
Burro Creek Drill Results Holes BC08-25 to BC08-29
Hole No. |
Length |
From |
To |
Thickness |
Thickness |
Au |
Au |
Ag |
Ag |
|
m |
m |
m |
m |
feet |
g/t |
oz/ton |
g/t |
oz/ton |
BC08-025 |
32.00 |
1.93 |
25.38 |
23.45 |
76.9 |
0.79 |
0.023 |
36.14 |
1.054 |
Includes |
|
5.24 |
7.36 |
2.12 |
7.0 |
1.49 |
0.046 |
47.00 |
1.371 |
BC08-026 |
50.29 |
3.93 |
42.40 |
38.47 |
126.2 |
0.84 |
0.025 |
48.50 |
1.415 |
Includes |
|
10.00 |
15.37 |
5.37 |
17.6 |
0.99 |
0.029 |
76.88 |
2.242 |
Includes |
|
30.35 |
39.27 |
8.92 |
29.3 |
1.42 |
0.042 |
23.77 |
0.693 |
BC08-027 |
156.97 |
97.05 |
140.39 |
43.34 |
142.2 |
0.82 |
0.024 |
25.78 |
0.752 |
Includes |
|
114.11 |
118.71 |
4.60 |
15.1 |
1.25 |
0.037 |
10.87 |
0.317 |
Includes |
|
124.71 |
140.39 |
15.68 |
51.4 |
1.43 |
0.042 |
18.23 |
0.532 |
Includes |
|
133.63 |
138.59 |
4.96 |
16.3 |
3.53 |
0.103 |
25.31 |
0.738 |
BC08-028 |
48.77 |
10.32 |
31.37 |
21.05 |
69.0 |
2.72 |
0.079 |
43.15 |
1.259 |
Includes |
|
18.09 |
21.36 |
3.27 |
10.7 |
11.86 |
0.346 |
53.40 |
1.558 |
Includes |
|
18.09 |
24.75 |
6.66 |
21.8 |
6.34 |
0.185 |
30.35 |
0.885 |
Includes |
|
18.09 |
18.87 |
0.78 |
2.6 |
38.50 |
1.123 |
83.00 |
2.421 |
BC08-029 |
47.24 |
3.05 |
20.60 |
17.55 |
57.6 |
1.08 |
0.032 |
40.55 |
1.183 |
Includes |
|
4.57 |
13.35 |
8.78 |
28.8 |
1.58 |
0.046 |
60.30 |
1.759 |
The Burro Creek Property
The Burro Creek Property is located 1.6 km off State Highway 93 in Mohave County, Arizona, 105 km southeast of Kingman, Arizona, and 265 km southeast of Las Vegas, Nevada. A high tension powerline transects the property and NFR controls water rights sufficient to support a mining operation. 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 1.7 km and exhibits widths of up to 45 metres. 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 300 metre 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. 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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