Northern Tiger Resources Commences Exploration at 3Ace Project, Yukon
"The initial surface exploration program will focus on developing specific drill targets on some of the extensive soil anomalies that have seen little or no drill testing to-date," says Greg Hayes, President of Northern Tiger. "In addition, crews will be exploring in the northern part of the property where multiple silt anomalies indicate the potential for discovering additional gold mineralization."
In addition, several blast trenches have now been completed on Sleeping Giant Zone outcrops where 2012 drill results did not replicate the high-grade results obtained by surface channel sampling (including 132.9 g/t gold over 6.9 metres - see news release dated August 8, 2012). The coarse gold and highly variable assay results suggest a strong nugget effect which makes it challenging to determine average grades using the relatively small sample sizes obtained through channel and drill sampling. The blast trenches will allow the Company to process some larger sample sizes to obtain more representative average grades and to gain a better understanding of possible structural controls that may be controlling the gold grades.
The 3Ace Project hosts extensive gold-in-soil anomalies over nine square kilometers and includes numerous high grade gold showings. The majority of drilling on the project has focused on the Main Zone where results have included up to 4.6 g/t gold over 35.0 metres, including 106.2 g/t gold over 1.0 metre (see news release dated October 25, 2011). Gold mineralization at the Main Zone has a drilled strike length of 220 metres and is related to a steeply dipping shear zone which hosts an en echelon array of vein segments linked by stockwork veins and breccias.
This News Release has been reviewed and approved by Dennis Ouellette, B.Sc., P.Geol., a Qualified Person as defined by NI 43-101.
Northern Tiger Resources Inc. (TSX VENTURE: NTR) is a Canadian-based resource exploration company focused on gold and copper exploration in the Yukon, where it has a strong portfolio of projects. Drilling has intersected 4.6 g/t gold over 35.0 metres (including 106.2 g/t gold over 1.0 metre) at the Company's flagship 3Ace Project in southeast Yukon. The Sonora Gulch copper-gold-silver porphyry project in central Yukon also has also returned significant drill results, including 0.45 g/t gold and 3.0 g/t silver over 234.0 metres.
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 CEO
info@northern-tiger.com
www.northern-tiger.com