Northern Tiger Resources Reports Additional Assay Results at 3Ace Property, Yukon Intersects 4.61 g/t Over 35.0 Metres, Including 106.21 g/t Over 1.0 Metre
Key results from the four holes being reported include:
- 3A-11-15a – 2.51 g/t gold over 27.2 metres, including 6.80 g/t gold over 9.0 metres
- 3A-11-16 – 4.61 g/t over 35.0 metres, including 106.21 g/t over 1.0 metre
"We are pleased to be reporting the first bonanza-grade intercept of our 2011 drill campaign," says Greg Hayes, President of Northern Tiger. "Both the high-grade intercept and the thicker intervals of gold mineralization encountered continue to demonstrate the robust nature of the mineralizing system at 3Ace."
Holes 3A-11-15a and 3A-11-16 were drilled from a single set-up, located 85 metres north and 50 metres east of the previous bonanza-grade intercept reported in 2010's Hole 3A-10-2 which assayed 145 g/t gold over 1.05 metres (see news release dated November 4, 2010). Maps showing the drill hole locations and intercepts will be posted on the Company's website at www.northern-tiger.com.
Significant intercepts include:
Interval Width Gold
Hole # Dip Azimuth Zone (m) (m) (g/t)
3A-11-13 -55° 270° Main 56.5 – 57.2 0.7 3.94
97.0 – 99.0 2.0 0.88
3A-11-15a -60° 270° Main 83.3 – 110.5 27.2 2.51
Including 96.0 – 105.0 9.0 6.80
131.5 – 135.0 3.5 0.56
214.8 – 221.0 6.2 0.59
3A-11-16 -75° 270° Main 100.0– 135.0 35.0 4.61
Including 104.2 – 105.2 1.0 106.21
Including 110.2 – 113.2 3.0 11.79
3A-11-17 -60° 270° Main 90.7 – 105.0 14.3 0.83
115.0 – 127.1 12.1 0.46
170.4 – 176.0 5.6 1.27
Notes:
- Hole 3A-10-15 was lost due to difficult ground conditions at 72 metres depth. The hole was steepened to -60°and re- drilled as 3A-11-15a.
- The 106.21 g/t assay in Hole 3A-11-16 is from a 50 gram fire assay. Results from metallic screen tests are pending.
- Hole 11-17 also included a 2.5 metre intercept of 116 g/t silver starting at 123.0 metres.
- Reported intersections are drilled thicknesses, as true widths have not yet been determined.
This News Release has been reviewed and approved by Dennis Ouellette, B.Sc., P.Geol., a Qualified Person as defined by NI 43-101. All rock and drill core samples were analyzed by Inspectorate America Corporation of Richmond, British Columbia using 50 gram fire assay and 50-element, 4-acid ICP analysis. Soil and silt samples were also analyzed by Inspectorate, using 30-gram fire assay analysis. When visible gold is noted in drill core samples or regular fire assay values appear abnormally high, the pulp and metallic screen assay method is used to determine the total gold content and gold contents of different size fractions. This is considered industry best practice when dealing with coarse gold mineralization where a nugget effect is suspected. This determination is accepted as the most representative value and is used in the assay database.
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.
Contact Information
Northern Tiger Resources Inc.
Greg Hayes, President and CEO
info@northern-tiger.com