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Northern Freegold Resources

Publié le 06 décembre 2007

Step Out Drilling - Intersects 75 m of 4.26 g/t Gold in Nucleus Zone

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Mots clés associés :   Copper | Fort Knox | Knox |


Thursday, December 06, 2007
Northern Freegold Step Out Drilling - Intersects 75 m of 4.26 g/t Gold in Nucleus Zone

Press Release #07-32

Vancouver, BC: December 6th, 2007. Northern Freegold Resources Ltd. (NFR: TSX-V) is pleased to announce additional drill results from 8 holes in the 2007 diamond drill program at the Nucleus Zone at the Freegold Mountain Project, Yukon. Twenty-seven (27) holes totaling 6,313 m (20,705 ft) were drilled within the Nucleus Zone over a period of 3 months. Additional results from the final 9 holes will be released as they are received, compiled and interpreted.

  • High grade gold trend within Nucleus Zone extended to the east and still open
  • GRD-07-58 steps out 50 m to the east of GRD-07-041 (72.35 m of 2.5 g/t Au) and intersects 74.97 m of 4.26 g/t Au including:
    • 10.6 m of 20.26 g/t (0.59 oz/ton) Au
    • 1.90 m of 86.71 g/t (2.52 oz/ton) Au
  • Holes GRD-07-051, 052 and 053 intersect heavy sulphide breccias and massive sulphide on the west flank of the Nucleus Zone. Hole GRD-07-051 intersects:
    • 11.10 m of 1.79 g/t Au
    • 42.00 m of 0.64 g/t Au; and
    • 11.10 m of 1.79 m g/t Au and 0.18% Cu
  • Step out holes GRD-07-054 and 55 confirm that mineralization continues 100 m to the south beyond the central zone. GRD-07-054 intersects:
    • 57.50 m of 0.52 g/t Au
    • 9.75 m of 0.85 g/t Au and 0.36% Cu
  • Northern Freegold has access to at least 4 drills in the 2008 season and plans an aggressive drill campaign at the Freegold Mountain Project leading to the calculation of 43-101 resource estimates by the end of 2008
Bill Harris, President & CEO commented "We are very excited to have stepped out another 50 metres from our richest drill hole to date (GRD-07-041; 72.35 m of 2.5 g/t Au) and encountered an even richer gold interval that is persistent in width and open to the east. These step out holes attest to the persistence of the mineralization in the Nucleus Target and reflect the higher grades being encountered as we continue to step out to the east. These results combined with 2006 results and those of previous operators are beginning to show the great potential of the Nucleus Zone."

Nucleus Zone Drill Results Holes GRD-07- 51 through GRD-07-58
Hole No. Length From
ppm (%)
GRD-07-058 312.42 52.53 127.50 74.97 245.90 4.26 0.12 *
Includes   73.10 75.02 1.92 6.30 6.60 0.19 *
Includes   79.65 90.25 10.60 34.77 20.26 0.59 *
Includes   79.65 81.55 1.90 6.23 86.71 2.52 *
Includes   80.77 81.55 0.78 2.56 156.0 4.53 1,169 (0.12)
Includes   99.70 103.71 4.01 13.15 4.06 0.12 *
Includes   109.10 112.22 3.12 10.23 5.58 0.16 *
Includes   119.20 120.80 1.60 5.25 15.0 0.44 1,085 (0.11)
And   198.70 210.00 11.30 37.06 0.77 0.02 *
Includes   198.70 200.60 4.20 13.78 1.72 0.05 *
GRD-07-057 179.53 No significant results
GRD-07-056 140.08 83.82 84.10 0.28 0.92 1.87 0.05 6,037 (0.60)
GRD-07-055 179.83 23.75 34.15 10.40 34.11 4.67 0.14 *
Includes   25.75 29.75 4.00 13.12 11.40 0.33 *
And   45.30 49.85 4.55 14.92 0.75 0.02 *
And   65.75 73.25 7.50 24.60 0.97 0.03 *
Includes   69.30 69.95 0.65 2.13 7.18 0.21 1,063 (0.11)
And   88.87 94.40 5.53 18.14 0.68 0.02 *
And   118.25 122.25 4.00 13.12 0.67 0.02 *
GRD-07-054 297.18 13.00 31.30 18.30 60.02 0.57 0.02 *
Includes   14.95 22.20 7.25 23.78 1.09 0.03 *
And   59.30 116.80 57.50 188.60 0.52 0.02 *
Includes   74.65 116.80 42.15 138.25 0.54 0.02 1,448 (.15)
Includes   83.70 87.03 3.33 10.92 1.30 0.04 2,153 (0.22)
Includes   91.75 101.50 9.75 31.98 0.85 0.02 3,599 (0.36)
And   260.61 261.15 0.54 1.77 1.61 0.05 8,580 (0.86)
GRD-07-053 206.65 7.50 11.00 3.50 11.48 2.97 0.09 *
And   27.85 33.90 6.05 19,84 1.52 0.04 *
GRD-07-052 222.50 121.10 130.60 9.50 31.16 0.53 0.02 *
And   146.25 158.30 12.05 39.52 0.54 0.02


GRD07-51 269.75 9.50 18.60 11.10 36.41 1.79 0.05


Includes   15.60 16.65 1.05 3.44 2.69 0.08


And   32.40 74.40 42.00 137.76 0.64 0.02


Includes   32.40 38.50 6.10 20.01 1.17 0.03


Includes   35.30 37.70 2.40 7.87 2.47 0.07


Includes   51.75 63.94 12.19 39.98 0.96 0.03 1,262(0.13)
And   112.95 118.65 5.70 18.70 2.22 0.06 *
And   125.00 126.30 1.30 4.26 5.80 0.17 *
And   149.65 166.75 17.10 56.09 0.59 0.02 *
And   214.10 225.20 11.10 36.41 1.79 0.05 1,791 (0.18)
And   259.80 266.70 6.90 22.63 0.62 0.02 *

*Cu values <1,000 ppm

Mineralized intervals with a length times grade value of less than 2.5 g/t/m are not included in the above table.

Nucleus Zone

A plan map of the 2007 drilling and section including results from hole GRD-07-41 & 58 can be found at www.northernfreegold.com.

The Nucleus Zone is a gold-biased gold-copper porphyry with a current drilled extent 300 m wide by 400 m long and 120 m deep. Host rocks are Paleozoic metasediments intruded by mid-Cretaceous granites and granodiorites. Mineralization appears to be concurrent with younger, smaller, felsic intrusions and quartz feldspar porphyry dykes (QFPs) that crosscut the older units. A microgranite stock is located on the north side of the Nucleus Zone and related QFPs with brecciated and/or faulted margins trend northwest-southeast across the zone.

Mineralization occurs as quartz-sulphide veins and stringers, disseminated sulphides, breccias, fault zones and in the QFPs. Visible gold is found with quartz and chalcopyrite/pyrite/limonite veins in the gold rich-core of the zone. Quartz-sericite-pyrite (phyllic) alteration forms a halo around the richer parts of the zone and transitions outwards into kaolinite-sericite (argillic) alteration. Lack of recent glaciations in the Dawson Range has produced a deeply weathered oxide zone which extends 50-100 m below surface and overprints hydrothermal alteration. Gold is found in both oxide and sulphide zones while copper is more commonly found at the base of the oxide and in the underlying sulphide zone. Common copper minerals are chalcopyrite and chalcocite.

GRD-07-051, 052 and 053 were drilled on the west flank of the Nucleus Zone to follow-up on mineralization on that side. Results from the west flank indicate a different style of mineralization than in the centre and to the east. There appears to be a zone of heavy sulphide breccias and massive sulphides (up to 11 m in GRD-07-051) trending slightly west of north from GRD-07-034 towards GRDN-04-12 and GRDN-04-14.

Holes GRD-07-054, 055, 056 and 057 were drilled to test the southern extent of the Nucleus Zone. Only 8 holes had been drilled in this area previously. GRD-07-054 and 055 together along with GRDN-04-13 confirm that mineralization continues >100 m to the south beyond the central zone.

GRD-07-058 extended the high grade gold trend within the Nucleus Zone 50 m to the east, following up on high grade results from GRD-07-041 (72.35 m of 2.5 g/t Au). This gold-rich trend remains open to the east. Aggressive drilling early in the 2008 season will follow up on these high grade results.

About the Freegold Mountain Project

The Freegold Project is situated within the Dawson Range portion of the Tintina Gold Belt, characterized by plutonic rocks of the 100 million year old Cretaceous Dawson Range Batholith and early Jurassic Klotassin Suite metaplutonic rocks intruding metavolcanic and metasedimentary rocks of the Yukon-Tanana Terrane. The region is transected by the west-northwest trending Big Creek Fault, which provides the locus for an over 100 km long well-mineralized belt, with placer gold deposits, porphyry copper-gold, and gold veins and breccias bodies, extending from Mt. Freegold northwesterly to the Casino copper-gold porphyry deposit. The Freegold Project covers a 30 km strike extent of this belt.

The Freegold Mountain Project covers an area in excess of 64 square miles (166 square km) and several road accessible mineralized zones which include historical estimates not compliant with NI-43-101. Historical work on the Freegold Mountain property dating back to 1930 indicates that the property holds significant potential to host an intrusion related gold deposit or bulk-tonnage gold+/-copper porphyry style mineralization (ie Nucleus Zone) such as that seen at Kinross Gold's Fort Knox deposit in Alaska which has produced more than 3 million ounces in the past 10 years and still has a resource of 2.7 million ounces of gold from proven and probable reserves of 159.7 million tonnes grading 0.53 g/t as at Dec. 31, 2006 (www.kinross.com). These reserves have not been verified by the qualified person and the information is not necessarily indicative of the mineralization at Freegold Mountain. The Project also has potential to host other related deposit types such as intrusive hosted polymetallic vein systems (Tinta Hill), epithermal vein systems (Goldy) and skarn deposits (Margarete/Augusta), as well as other porphyry targets (Castle, Com, Nitro, Rage).

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 EcoTech Laboratory in Whitehorse for sample preparation and then to EcoTech Laboratory in Kamloops 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. Other elements are analysed by 28 element ICP analysis after aqua regia digestion. Additional check analyses and assays will be carried out by ALS Chemex in North Vancouver. Intervals reported in this release do not necessarily represent true widths of mineralization

The program is under the direct supervision of Mr. Ron Robertson, P. Geol., hereby identified as the "Qualified Person" under the NI 43-101 requirements.

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 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

ISIN : CA6651671027
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Northern Freegold est une société d’exploration minière d'or basée au Canada.

Northern Freegold détient divers projets d'exploration au Canada.


Northern Freegold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 13,4 millions CA$ (10,2 millions US$, 9,5 millions €).

La valeur de son action a atteint son plus haut niveau récent le 05 novembre 2010 à 4,20 CA$, et son plus bas niveau récent le 05 février 2016 à 0,04 CA$.

Northern Freegold possède 47 050 000 actions en circulation.

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Présentations des Compagnies de Northern Freegold Resources
30/03/2007Letter of Intent to Acquire Arizona Gold/Silver Property
Rapports annuels de Northern Freegold Resources
2008 Annual Report
2007 Annual Report
2006 Annual Reprot
Financements de Northern Freegold Resources
23/04/2013PR#13-06: Northern Freegold Announces Closing of Final Tranc...
03/04/2013PR#13-03: Northern Freegold Announces Private Placement
03/09/2012PR # 12-13: Northern Freegold Announces Closing of Expedited...
25/04/2012PR #12-09 Northern Freegold Announces Amended Terms for Brok...
02/12/2011Closes Private Placement
20/07/2011Closes First Tranche of Financing for $6 million
16/05/2011Announces $8M Private Placement
17/06/2009Completes $5,000,000 Bought Deal
28/05/2009Announces C$4,000,000 Bought Deal Equity Financing
22/12/2008Announces Flow-Through Financing
05/11/2008Announces Flow-Through Financing
Attributions d'options de Northern Freegold Resources
19/08/2013PR#13-10: Northern Freegold Adopts Advance Notice Policy, Re...
Nominations de Northern Freegold Resources
10/02/2009Appoints New Board Member to Further Develop Growth Plans
Projets de Northern Freegold Resources
27/02/2014PR#14-03 Northern Freegold Reviews 2013 Exploration Results ...
29/01/2014PR#14-02 Northern Freegold Announces Additional Exploration ...
20/01/2014PR#14-01 Northern Freegold Announces Exploration Results fro...
26/06/2013PR#13-07: Northern Freegold Announces 2013 Exploration Plan ...
09/05/2013Join Northern Freegold Resources at the Metals & Minerals In...
08/11/2012Jay Taylor Comments on Northern Freegold Resources Ltd.
04/06/2012PR #12-12 Northern Freegold Commences Drilling at Freegold M...
27/02/2012Commences Metallurgical Testing at Freegold Mountain, Yukon
18/01/2012Announces First Resource at Revenue Zone at Freegold Mountai...
11/01/2012Summarizes 2011 Exploration Program at the Freegold Mountain...
22/09/2011Intersects 304.8 Metres Averaging 0.47 g/t Au, 3.68 g/t Ag, ...
17/09/2011President of Northern Freegold Resources Steps Down
27/02/2011(Freegold Mountain - Revenue Zone)Identifies Initial Target Deposit at Revenue Zone, Freegold ...
22/02/2011(Freegold Mountain - Nucleus)Announces Updated NI 43-101 Resource Estimate for Nucleus, F...
11/05/2010(Freegold Mountain - Goldy Zone)Initiates Resource Expansion Program on Major Gold and Coppe...
29/04/2010Files Nucleus Deposit NI 43-101 Compliant Technical Report
10/02/2010(Freegold Mountain - Nucleus)Metallurgical Tests Show Excellent Gold Recoveries at Nucleu...
18/01/2010(Freegold Mountain - Goldy Zone)Increases Land Package at Freegold Mountain
03/12/2009(Freegold Mountain - Nucleus)extends gold mineralization to the southwest at Nucleus Zone
19/11/2009(Freegold Mountain - Nucleus) Intersects 9.68 g/t Gold over 4.47 m in Step-Out to Southwe...
22/10/2009(Freegold Mountain - Nucleus)extends gold mineralization at Nucleus Zone
10/08/2009(Freegold Mountain - Nucleus)President's Message from Northern Freegold Resources
27/07/2009(Freegold Mountain - Nucleus)Initial One Million Ounce Resource at Nucleus Zone
26/01/2009(Freegold Mountain - Nucleus)Intersects 4.00 metres of 68.95 g/t Gold
27/01/2009(Freegold Mountain - Nucleus)Freegold Intersects 4.00 Metres of 68.95 g/t Gold Including ...
14/01/2009(Freegold Mountain - Nucleus)Intersects 1.27 metres of 410.00 g/t Gold
01/12/2008CORRECTION News Release: Northern Freegold Drilling Intersec...
25/09/2008(Freegold Mountain - Nucleus)Drilling Intersects 1.75 m of 21.18 g/t Gold
29/07/2008(Freegold Mountain - Nucleus)Intersects 1.23 Metres of 92.74 g/t Gold within 46.96 Metres...
02/07/2008(Burro Creek)Drilling of Vein Extension Intersects 19.7 Feet of 4.08 g/t ...
09/06/2008(Freegold Mountain - Nucleus)Intersects 3.25 Metres of 100.69 g/t Gold within 37.80 Metre...
05/06/2008(Burro Creek)Intersects 168.3 Feet of 0.94 g/t Gold and 56.10 g/t Silver ...
04/06/2008(Freegold Mountain - Nucleus)Initiates Fourth Drill in 25,000 m Diamond Drill Program at ...
20/05/2008Intersects 3.4 Feet of 31.80 g/t Gold and 759.00 g/t Silver ...
24/04/2008(Freegold Mountain - Nucleus) Commences 25,000 m Diamond Drill Program at Freegold Mounta...
23/04/2008(Burro Creek)Intersects 2.6 Feet Of 38.50 G/T Gold Within 69.0 Feet Of 2....
26/03/2008(Burro Creek) Intersects 117.10 Feet of 1.11 g/t Gold and 30.25 g/t Silve...
25/02/2008(Freegold Mountain - Nucleus)Discovers New Mineralized Porphyry Body at Freegold Mountain...
08/02/2008(Burro Creek)Completes Initial Holes of 3,000 m Drill Program at Burro Cr...
23/01/2008Receives Approval for Acquisition of Severance Property in D...
22/01/2008(Tad / Toro)Receives Approval for Acquisition of Tad/Toro Property in Da...
21/01/2008(Burro Creek) Commences 3,000 m drill program at Burro Creek Gold/Silver ...
06/12/2007Step Out Drilling - Intersects 75 m of 4.26 g/t Gold in Nucl...
08/11/2007New High Grade Zone Returns 5.6 feet of 0.52 oz/t Gold, 9.53...
24/10/2007Drill Hole in Nucleus Zone Steps Out 50 m and Returns Longes...
24/07/2007Diamond Drilling in Tinta Zone Extends Vein System Down Dip ...
19/07/2007First 2007 Diamond Drill Hole in Nucleus Zone Steps Out 50 m...
07/04/2006(Severance)2006 Technical report
Communiqués de Presse de Northern Freegold Resources
07/07/2016Northern Freegold Begins It's 2016 Yukon Exploration Program...
26/03/2015Northern Freegold Announces Updated NI 43-101 Resource Estim...
26/02/2015Yukon Ranks 1st in Mineral Potential and 9th Overall in the ...
02/02/2015Northern Freegold Closes Financing
16/01/2015Northern Freegold Announces Private Placement
17/12/2014Northern Freegold Reports Technical Disclosure Review
18/11/2014Northern Freegold Resources Ltd. Irene Trench Results Return...
30/10/2014Northern Freegold Resources Ltd. Management Appointments
19/06/2014Northern Freegold Announces 2014 Exploration at Freegold Mou...
05/05/2014Northern Freegold Appoints John Zbeetnoff to its Advisory Bo...
01/04/2014Northern Freegold Appoints Dennis Moore to its Advisory Boar...
18/11/2013PR#13-13 Northern Freegold Announces Approval of All Resolut...
14/11/2013Presents at 2013 Yukon Geoscience Forum, Whitehorse, Yukon, ...
06/11/2013PR#13-12 Northern Freegold Announces New Gold Discovery, Fre...
18/10/2013Presents at YGMA USA Roadshow Oct 21-25, 2013
08/10/2013(Burro Creek)New Northern Freegold Burro Creek Presentation Posted on Web...
09/07/2013(Burro Creek)PR#13-08: Northern Freegold Provides Update on Exploration P...
11/04/2013PR#13-05: Northern Freegold Announces Increase in Private Pl...
05/04/2013PR#13-04: Northern Freegold Closes First Tranche of Financin...
20/02/2013Preliminary Economic Assessment of Northern Freegold's Nucle...
31/01/2013Michael Fowler Comments on Northern Freegold
14/01/2013in the Media
09/01/2013PR#13-01: Northern Freegold Announces Updated NI 43-101 Reso...
09/01/2013Announces Updated NI 43-101 Resource Estimate for Nucleus De...
29/10/2012-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
19/09/2012Preliminary Metallurgical Results from Nucleus Gold Deposit ...
12/09/2012Preliminary Metallurgical Results from Revenue Cu-Au-Mo Zone...
26/06/2012Ian Gordon Comments on Northern Freegold
20/06/2012President's Letter
18/05/2012PR #12-11 Northern Freegold Appoints Paul Reynolds Vice Pres...
11/05/2012PR #12-10 Northern Freegold Announces Closing of Brokered Pr...
05/04/2012PR #12 - 08 Northern Freegold Adopts Shareholders Rights Pla...
02/04/2012PR #12 - 07 Northern Freegold Scheduled to Begin 25,000 Mete...
22/03/2012Corporate Update Spring 2012
07/02/2012Announces Listing on the OTCQX
29/12/2011Announces Final Drill Results from the 2011 Drill Program at...
10/05/2011Announces Management and Board Changes Mobilization Underway...
08/07/2010Adds Second Drill Ahead of Schedule
19/05/2010President's Message, May 2010
14/04/2010NFR & the Yukon Gold Mining Alliance Forums
05/03/2010Increases Gold Grade and Ounces at Freegold Mountain Project
11/02/2010Invests in Business with Yukon First Nations Project 2010 Te...
14/01/2010Announces Management Transition
14/01/2010NFR provides update on successful 2009 Program at Nucleus Zo...
24/11/2009Whitehorse Open House Westmark Hotel Wednesday, November 25 ...
18/11/2009President's Message from Northern Freegold Resources
05/11/2009executes option agreement for Tad/Toro
27/08/2009Stakes Additional Ground in Dawson Range Mining Camp, Yukon
13/08/2009drills 25 m of 2.45 g/t gold at Nucleus Zone
19/06/2009Completes $3,000,000 Financing
19/06/2009Commences 12,000 m Drill Program
27/02/2009 Investor Update February 2009
12/02/2009Gold Assay Value Increases to 206.50 g/t Gold over 1.24 metr...
30/12/2008Closes Financing of $475,300
01/12/2008Extends Warrant Expiry Dates
13/11/2008Extends Warrant Expiry Dates
10/11/2008Closes Financing of $1.8 Million
23/09/2008What NFR did during your summer vacation
21/05/2008Commences Drilling in Goldy Zone to follow up on 9.3 m of 15...
21/02/2008Confirms Extension of Warrant Expiry Dates
19/12/2007 Closes Financing of $4.334 Million
04/12/2007 Closes Financing of $7.147 Million
23/11/2007Investor Relations Update
22/11/2007 Receives Approval for Acquisition of Nit Property in Dawson...
15/11/2007Drilling Discovers 15.45 g/t Gold over 9.3 metres in Goldy Z...
24/10/2007Receives Approval For Acquisition Of 100% Interest In Nucleu...
11/10/2007Receives Approval for Acquisition of Burro Creek Gold/Silver...
01/10/2007Diamond Drill Program at Freegold Mountain Passes 11,000 Met...
10/09/2007Acquires Additional Property in Dawson Range Gold Belt, Yuko...
10/09/2007Additional Diamond Drill Results in Tinta Zone Confirm Exten...
23/08/2007Acquires 100% Interest in Golden Revenue, Nitro and Sey Prop...
28/06/2007Three Drills in Operation in Three Zones at Freegold Mountai...
08/06/2007Completes First Hole of 15,000 m Diamond Drill Program at Fr...
22/05/2007Announces Financing
10/05/2007Acquires Burro Creek Gold/Silver Property, Arizona
07/05/2007Commences 15,000 m Diamond Drill Program at Freegold Mountai...
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