Northern Tiger Resources Reports Assay Results at Sonora Gulch Property, Yukon Drill Hole SG-11-58 Intercepts 0.45 g/t Gold a...
07 Novembre 2011 - 12:30PM
Marketwired
Northern Tiger Resources Inc. ("Northern Tiger" or the "Company")
(TSX VENTURE:NTR) announces assay results for all nine holes (2,649
metres) drilled in 2011 at the Sonora Gulch Project in the central
Yukon. The 2011 drill program focused on the Gold Vein Zone - a 1.4
kilometre long by 500 metre wide geochemical anomaly averaging 161
ppb gold-in-soils. Thick intercepts of gold bearing sulphide
mineralization were intercepted in three drill holes and the
mineralization remains open. Key results include:
-- SG-11-57 - 0.42 g/t gold and 3.8 g/t silver over 94.0 metres
-- SG-11-58 - 0.45 g/t gold and 3.0 g/t silver over 234.0 metres
-- SG-11-59 - 0.44 g/t gold and 2.6 g/t silver over 110.0 metres
"This was Northern Tiger's first significant drill test of the
Gold Vein Zone and we intersected broad zones of mineralization in
holes 57, 58 and 59," says Greg Hayes, President of Northern Tiger.
"Thick sequences of disseminated mineralization from surface
suggests that Sonora Gulch has bulk tonnage potential in addition
to the high-grade vein and skarn type mineralization we encountered
in previous drill programs."
Gold mineralization in Holes SG-11-57 and SG-11-58 is hosted by
quartz-feldspar porphyry, and in in Hole SG-11-59 by
metasedimentary rocks cut by quartz-feldspar porphyry dykes. The
rock units exhibit argillic alteration and are strongly fractured
to brecciated, contain 5% fine grained disseminated pyrite, and are
cut by a stockwork of narrow quartz-carbonate-pyrite veinlets. The
quartz-feldspar porphyry also contains narrow arsenic-lead-antimony
sulphide veins. Most holes in the 2011 drill program were drilled
at azimuths of 95 degrees to 115 degrees to test whether more
subtle north-south structures provided important mineralization
controls in addition to the much stronger northwest-trending
structures previously recognized and generally targeted in prior
drill programs. The thick zones of mineralization in Holes
SG-11-57, 58 and 59 occur at the intersection of a north-trending
magnetic low with the northwest-trending contact of the Dawson
Range Batholith. The orientation of the mineralization cannot be
determined at this time due its disseminated/stockwork nature at
the intersection of two structures.
Significant intercepts include:
Interval Width Gold Silver
Hole # Dip Azimuth Zone (m) (m) (g/t) (g/t)
--------------------------------------------------------------------------
SG-11-57 -50 115 Gold
degrees degrees Vein 3.0 - 97.0 94.0 0.42 3.8
Including 3.0 - 57.0 54.0 0.56 6.0
165.0 - 181.0 16.0 0.75 2.6
221.0 - 223.0 2.0 1.21 119.0
SG-11-58 -50 115 Gold
degrees degrees Vein 3.0 - 237.0 234.0 0.45 3.0
Including 37.0 - 75.0 38.0 0.64 1.0
SG-11-59 -50 115 Gold
degrees degrees Vein 47.0 - 157.0 110.0 0.44 2.6
Including 49.0 - 79.0 30.0 0.61 5.8
3A-11-60 -50 115 Gold
degrees degrees Vein 207.0 - 209.0 2.0 1.70 26.2
SG-11-61 -60 180 Gold
degrees degrees Vein 61.0 - 67.0 6.0 0.56 0.8
177.0 - 185.0 8.0 1.24 19.6
SG-11-62 -50 105 Gold
degrees degrees Vein 144.0 - 146.0 2.0 0.54 5.5
222.0 - 224.0 2.0 0.54 31.1
SG-11-63 -65 105 Gold
degrees degrees Vein 206.0 - 208.0 2.0 0.43 27.5
298.0 - 299.0 1.0 0.86 19.86
SG-11-64 -50 95 Gold
degrees degrees Vein 163.0 - 165.0 2.0 1.1 7.8
SG-11-65 -65 95 Gold
degrees degrees Vein 5.0 - 7.0 2.0 0.58 24.6
11.0 - 13.0 2.0 0.80 5.0
233.0 - 235.0 2.0 0.59 31.3
Reported intersections are drilled thicknesses, as true widths have not
yet been determined.
Maps showing the drill hole locations and intercepts will be
posted on the Company's website at www.northern-tiger.com.
This News Release has been reviewed and approved by Dennis
Ouellette, B.Sc., P.Geol., a Qualified Person as defined by NI
43-101. Drill core samples from Sonora Gulch were analyzed by ALS
Chemex of North Vancouver, British Columbia, Canada using 50 gram
fire assay and 48 element ICP analysis.
Northern Tiger Resources Inc. (TSX VENTURE:NTR) is a
Canadian-based resource exploration company focused on gold and
copper exploration in the Yukon. The company has a portfolio of
gold and copper focused projects in the Yukon, including 3Ace
(high-grade gold discovery made in 2010), Sprogge, Sonora Gulch and
five properties prospective for Minto-style high-grade copper
mineralization. Through its exploration alliance with Capstone
Mining Corp.'s wholly owned subsidiary, Minto Explorations Ltd.,
Northern Tiger benefits from a wide range of experience, knowledge
and capabilities from early exploration to mine production.
This news release may contain forward looking statements, being
statements which are not historical facts, including, without
limitation, statements regarding potential mineralization,
exploration results, resource or reserve estimates, anticipated
production or results, sales, revenues, costs, "best-efforts"
financings or discussions of future plans and objectives. There can
be no assurance that such statements will prove accurate. Such
statements are necessarily based upon a number of estimates and
assumptions that are subject to numerous risks and uncertainties
that could cause actual results and future events to differ
materially from those anticipated or projected. Important factors
that could cause actual results to differ materially from the
Company's expectations are in Company documents filed from time to
time with the TSX Venture Exchange and provincial securities
regulators, most of which are available at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Northern Tiger Resources Inc. Greg Hayes President and
CEOinfo@northern-tiger.com
(TSXV:NTR)
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