Northern Freegold Resources

Published : November 22nd, 2007

Receives Approval for Acquisition of Nit Property in Dawson Range Gold Belt, Yukon

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       NEWS RELEASE

Wednesday, November 21, 2007
Northern Freegold Receives Approval for Acquisition of Nit Property in Dawson Range Gold Belt, Yukon

Vancouver, BC: November 21st 2007. Further to the press release dated September 10, 2007, Northern Freegold is pleased to announce it has received final acceptance from the TSX-Venture Exchange to complete the purchase of the Nit gold-silver property within the Dawson Range. Based upon encouraging results from NFR's Freegold Mountain Project and the intense interest in properties in the Dawson Range by other companies, NFR has acquired the Nit gold-silver prospect located adjacent to the Tad/Toro Property of NFR, and to the northwest of the Freegold Mountain project from ATAC Resources Ltd. (ATC:TSX-V) Pursuant to the terms of the agreement, Northern Freegold can earn a 100% interest in the property, subject to a one percent (1%) net smelter return royalty, by issuing a total of 100,000 common shares upon regulatory acceptance. NFR's acquisition of this additional property expands NFR's major land position in this active mineral belt.

The Nit and Tad/Toro Properties are located along the Big Creek Fault, the same structure controlling the mineralization at the Freegold Mountain Project. Based on historical work on the property including geological mapping, sampling, geophysics, trenching and Diamond drilling the Tad/Toro has the potential to host gold-copper+/-molybdenum mineralization similar to that of the Casino Deposit to the northwest, and the Nucleus Zone, located within the Freegold Mountain Project of NFR to the southwest. The geological environment, host rocks, structures alteration and mineralization at Tad/Toro are similar to the Nucleus Zone which appears to be part of a high level porphyry gold-copper system grading to epithermal. Historical drilling carried out in 1969 targeted copper values in a porphyry body. Re-analysis of a portion of this core for gold in 1986 by Noranda Exploration Co. Ltd. returned encouraging gold values in three holes: T-2 gave 0.51 g/t gold over 37.0 m (including 1.0 g/t gold over 8.2 m); T-12 gave 1.23 g/t gold over 4.9 m; and drill hole T-14 gave 1.68 g/t gold over 7.0 m (as reported by Noranda, with no reference as to which lab prepared and assayed these results, or whether the lab was accredited). No qualified person as defined under NI 43-101 has verified the foregoing data. However, a NI 43-101 compliant technical report is presently being prepared by a qualified person, which will, among other work, include verification of this data.

Historical work at Tad/Toro has defined several drill targets, which could be better defined with a multi-parameter airborne survey and additional analyses on historical drill core. Access to the property is via an existing tote trail, known as the Casino trail which is used year round to access active hardrock and placer projects at Sonora Gulch and Hayes Creek (the location of the Tad/Toro Property). Nuggets of tetradamite and other bismuth-gold telluride minerals in placer concentrates have been recovered from placer operations on the Tad/Toro Property.

An exploration program under the supervision of independent consulting geologist, Jean Pautler, P. Geo., on the Nit and Tad/Toro properties was conducted in September 2007. The program consisted of prospecting, which included the collection of 1 soil sample; 9 grab samples collected from existing trenches, and 9 samples of split intervals averaging between 1.0 to 1.5 m collected from historic core on the property, as well as 1 representative sample from remnants of historic core. This sampling was completed in conjunction with partial relogging of some of the historic core. All samples were sent to EcoTech Laboratory in Kamloops for analysis and results are pending. Gold is analysed on 30 gram pulps by fire assay. Gold values greater than 1000 ppb are reanalysed by gravimetric fire assay. Other elements are analysed by 28 element ICP analysis after aqua regia digestion. The Ecotech Laboratory in Kamloops is an ISO 9001 certified and accredited facility.

Additional claims were staked to surround the areas around the Nit occurrence and the previously drilled molybdenum/copper zone on the southwest end of the property.

The technical information disclosed in this release has been reviewed and approved by Susan P. Craig, P. Geo.

Northern Freegold is a 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 the Burro Creek Project in Arizona.


Northern Freegold Resources Ltd.

On behalf of the Board of Directors

Signed "Bill Harris"

William (Bill) G. Harris
President and Chief Executive Officer


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 aprograms, 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.
 

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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