Northern Freegold Intersects 304.8 metres averaging 0.47 g/t Au, 3.68 g/t Ag, 0.12% Cu and 0.02 % Mo at the Revenue Zone, Freegold Mountain Project, Yukon

Highlights include:

• Hole RVD11-019 - 304.8 metres averaging 0.47 g/t Au, 3.68 g/t Ag, 0.12% Cu and 0.02% Mo (0.95 g/t AuEq), including 121.7 metres averaging 0.93 g/t Au, 6.2 g/t Ag, 0.16 % Cu and 0.03 % Mo (1.64 g/t AuEq).

• Hole RVD11-022 - 157.5 metres averaging 0.31 g/t Au, 3.1 g/t Ag, 0.14 % Cu and 0.01 % Mo (0.73 g/t AuEq), including 44 metres of 0.42 g/t Au, 4.53 g/t Ag, 0.19 % Cu and 0.01 % Mo (0.99 g/t AuEq).

• The holes reported here include in-fill and step-out holes drilled within and around the currently defined Revenue Target Deposit. Mineralization extends the Target Deposit 200m eastward, 300m northward and an additional 200m depth.

• The deposit is open laterally and at depth. Two Diamond drills continue to operate on the property.

Selected Drill Intervals from Revenue Zone1

1 Please refer to table at end of release for complete set of results.

2 True widths unkown

3Au equivalent metal prices: US$1,016.00/oz gold, US$2.95/lb copper, US$15.82/oz silver and US$34.88/kg molybdenum (3 yr average; no discount for metallurgical recovery in contained metal figures).

Revenue Target Deposit

Based on an evaluation of historic and 2010 drill hole data from the Revenue Zone gold-rich porphyry system the following target deposit was defined (See news release Feb. 24, 2011):

Revenue Zone Target Deposit

 The target deposit extends for 1500 m in an eastward direction, and from surface to a depth of 250 m. It is open laterally and to depth. The goal of the 2011 drilling on the Revenue zone is to upgrade the Target Deposit to Inferred Resource, and to expand on the Target Deposit.

The project is being managed by GeoVector Management Inc. of Ottawa, Ontario http://www.geovector.ca under the supervision of A. Armitage, Ph.D., P.Geo. Dr. Armitage is the Exploration Manager for Northern Freegold and is the Qualified Person, as defined by NI 43-101, for the Freegold Mountain Project. Dr. Armitage has reviewed the technical information in this release.

Significant Gold, Copper and Silver Assay Intercepts

Sampling Methodology, Quality Control and Assurance

All core samples from Diamond drilling completed by Northern Freegold in 2011 follow NI 43-101 approved QA/QC protocols including insertion of blanks, commercial standards and duplicate core samples. For the 2011 program, core samples are split and shipped to ALS Laboratory's (ALS) sample preparation facility in Whitehorse. Samples submitted to this lab are prepared for shipping by logging into the ALS system, prepared by drying, crush to appropriate particle size and representatively split to a smaller size for shipping. The prepped samples are shipped to the main North American laboratory in North Vancouver, BC for final pulverizing and analysis. Samples were analyzed for gold by fire assay (FA) with an atomic absorption finish (AA) on 30 gram samples. All samples having more than 1,000 ppm gold were re-assayed by FA and a gravimetric finish. Each sample is also sent for multi-element analysis by the ICP-MS method, which includes Cu, Ag, Mo and W.

As part of in-house QA/QC ALS inserts certified gold standards, which are purchased from CDN Resource Labs. Standards are inserted and three pulp duplicates are analyzed for every 20 samples. Random additional repeats are also analyzed as required. Results from all internal QC samples and repeats are reported.

About Northern Freegold

Northern Freegold is a well-financed rapidly advancing Canadian-based precious metals exploration and development company. NFR brings local expertise and strong management to focus on the development of economic mineral resources on the district-scale Freegold Mountain gold and copper project in the Yukon and the Burro Creek gold and silver property in Arizona. For further information and maps outlining the projects, please visit www.northernfreegold.com

On behalf of the Board of Directors

Signed "Tim Termuende"

Tim Termuende, P. Geo.

Interim CEO and President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

Cautionary Note Regarding Forward-Looking Statements The information in this press releaseincludes certain "forward-looking statements" All statements, other than statements of historical fact, included herein including, without limitation,

plans for and intentions with respect to the company's properties, statements regarding intentions with respect to obligations due for various projects, strategic alternatives, quantity of resources or reserves, timing of permitting, construction and production and other milestones, are forward looking statements. Statements concerning Mineral Reserves and Mineral Resources are also forward-looking statements in that they reflect an assessment, based on certain assumptions, of the mineralization that would be encountered and mining results if the project were developed and mined in the manner described. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from NFR's expectations include the uncertainties involving the need for additional financing to explore and develop properties and availability of financing in the debt and capital markets; uncertainties involved in the interpretation of drilling