Northern Tiger Resources Inc.

Published : September 01st, 2011

Exploration Update - New Gold Targets Identified at 3Ace and Sprogge Properties, Yukon

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Capstone | Copper | Diamond | Gold | Silver |

News Release - Wednesday, August 31, 2011
Northern Tiger Exploration Update - New Gold Targets Identified at 3Ace and Sprogge Properties, Yukon

August 31, 2011: Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (NTR: TSX-V) is pleased to provide an exploration update on its 2011 Yukon exploration program. A new bedrock gold occurrence has been discovered at the 3Ace property and a significant new mineralized trend has also been identified on the adjacent Sprogge property. Drilling is complete at the Sonora Gulch project in the Dawson Range (2,649 metres in 9 holes), and two drills are now turning at the 3Ace property in southeast Yukon. Both drill programs were designed to follow up high-grade gold drill discoveries made in 2010. Surface exploration programs were completed at a number of Northern Tiger's other properties and are on-going at the 3Ace-Sprogge property.

"Our Sonora Gulch drill program is complete and a second drill is now turning at 3Ace," says Greg Hayes, President of Northern Tiger. "Successful prospecting efforts at 3Ace and Sprogge continue to expand the extent of known mineralization. A late spring thaw delayed the start of drilling and the sheer volume of exploration work in the Yukon is significantly affecting lab turnaround times, but we anticipate being able to start reporting drill results in the near future."

3Ace and Sprogge Projects
Surface exploration and drilling commenced at the end of June at the contiguous 3Ace and Sprogge properties, which now cover in excess of 225 km2. A total of 3,788 metres of Diamond drilling has been completed to date in the Main Zone at the 3Ace property where two Diamond drill holes in 2010 intersected significant gold mineralization (including 4.3 g/t gold over 30.3 metres and 14.8 g/t gold over 10.9 metres - see news release dated November 4, 2010). Drilling has intersected significant folding and faulting resulting in challenging drilling conditions and a number of holes not being completed to target depths. To compensate for the lower than anticipated drilling production to-date, a second drill was mobilized to the property and is currently drilling on Green Zone West (a 1,000 metre by 500 metre anomaly averaging 115 ppb gold-in-soils). Both rigs will continue working until the onset of winter weather makes drilling impractical.

In addition to the drilling, the following work is completed or underway at the 3Ace and Sprogge properties:
  • A new bedrock gold occurrence has been identified on the 3Ace property, approximately 1,200 metres northwest of the Main Zone. A grab sample from the new area returned 11.2 g/t gold. Similar to the Main Zone, the mineralization is found in quartz veins hosted in quartz pebble conglomerate and is associated with disseminated arsenopyrite.
  • Prospecting has identified 9 additional new mineralized occurrences on 3Ace, and a new 3 kilometre trend of alteration and sulphide mineralization on Sprogge. Each new occurrence has visible sulphide mineralization, including arsenopyrite, pyrite, malachite or galena.
  • A total of 248 rock samples, 420 silt samples and 2,684 soil samples have been collected from 3Ace and Sprogge to-date; results are pending.
  • High resolution satellite imagery has been acquired to assist in identifying large scale structural features.
  • A 45-man camp has been constructed on the all-weather Nahanni Range Road which cuts across the project area.
  • A helicopter-supported magnetic and radiometric airborne geophysical survey has commenced on the property. The survey will cover the core areas at both 3Ace and Sprogge at 50 meter line-spacing, and the rest of the claim block at 100 meter line-spacing. Seven other satellite properties staked south of 3Ace will also be flown at 100 meter line-spacing. The total survey will be 5,611 line-kilometres.
Sonora Gulch Project
Drilling at Sonora Gulch started on June 13th, and was completed on July 8th. Nine Diamond drill holes were completed totalling 2,649 metres. The focus of the 2011 drill program was the Gold Vein Zone -- a 1.4 kilometre long geochemical anomaly averaging 161 ppb gold-in-soils. A single drill hole testing the anomaly in 2010 returned a discovery intercept of 7.6 g/t gold and 155.5 g/t silver over 6.0 metres (see news release dated October 28, 2010). In addition, key holes from Sonora Gulch were re-logged to facilitate a comprehensive modelling of the Sonora Gulch data obtained to-date.

Other Yukon Properties
Additional surface exploration programs consisting of prospecting, sampling, mapping and geophysical surveys were conducted at other Yukon properties, including:
  • Korat in the White Gold area - 411 soil and rock samples were taken.
  • Birman in the White Gold area - 205 soil, silt and rock samples were taken.
  • Chopin in the Dawson Range area - 464 soil, silt and rock samples were taken.
  • Bond in the Dawson Range area - an induced polarization survey was completed over a copper geochemical anomaly.
  • Del in the Dawson Range area - 45 soil, silt and rock samples were taken.
  • Led in the Dawson Range area - 34 soil and rock samples were taken.
  • DEET at the headwaters of the Livingstone placer district - 174 soil, silt and rock samples were taken.
This News Release has been reviewed and approved by Dennis Ouellette, B.Sc., P.Geol., a Qualified Person as defined by National Instrument 43-101. 3Ace and Sprogge rock samples were analyzed by Inspectorate America Corporation of Richmond, British Columbia using 50 gram fire assay and 50-element, 4-acid ICP analysis.

Northern Tiger Resources Inc. (NTR: TSX-V) is a Canadian-based resource exploration company focused on gold and copper exploration in the rapidly developing Yukon. The company has an impressive portfolio of gold and copper focused projects in the Yukon, including 3Ace, 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.

For further information please contact:

Greg Hayes, President and CEO
info@northern-tiger.com

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.

Copyright � 2011 NORTHERN TIGER RESOURCES (NTR) All rights reserved. For more information visit our website at http://www.northern-tiger.com/ or send email to info@northern-tiger.com ..

Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Northern Tiger is a exploration company based in Canada.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of
9/24/2012Closes Private Placement Raising $1.9 million
9/13/2012Announces Non-Brokered Private Placement
5/29/2012Announces Non-Brokered Private Placement
3/17/2011Closes a Flow-Through Private Placement Raising $4.7 million
2/15/2011Announces $3 Million Private Placement
5/3/2010Closes $3,010,000 Private Placement
4/16/2010Non-Brokered Private Placement
8/18/2009Announces Private Placement Closing and Expansion of Yukon E...
1/17/2009Announces Proposed Private Placement & Property Acquisition
Nominations of
5/14/2010Appointment to Advisory Board
Project news of
8/8/2016Miner Site Visit Coffee Project Yukon
2/24/2014Redtail Metals and Northern Tiger Shareholders Approve Merge...
11/8/2012Identifies New Gold Anomaly at Korat Project in Yukon's Whit...
7/17/2012Commences Drilling at 3Ace Project, Yukon
1/16/2012Join Northern Tiger Resources Inc. at the Vancouver Resource...
1/6/2012Yukon Mineral Exploration Industry Enjoys Banner Year: Yukon...
9/8/2011(3ace Property)Silt Survey Identifies New Gold Anomalies at 3Ace Property, ...
7/27/2011(Sonora Gulch)Repurchases Back-In Rights on Sonora Gulch Property, Yukon
5/11/2011Join Northern Tiger Resources at the Money Talks Resource I...
4/12/2011Finalizes Option Agreement on Sprogge Property, Yukon
7/27/2010Verifies High-Grade Gold at 3Ace
4/13/2010(Dad)Identifies Minto-style Drill Target on DAD Property in the Y...
2/25/2010(Sonora Gulch)Identifies Copper-Molybdenum Porphyry Target
10/1/2009(Sonora Gulch)2009 Sonora Gulch Drill Results
7/16/2009(Sonora Gulch)Commences Drilling at Sonora Gulch Gold Property, Yukon
Corporate news of
5/20/2016Miner article on Golden Arrow
4/17/2015Miner, April 20-26, interview with Rob McEwen and McEwen Min...
4/10/2015The Northern Miner: Rob McEwen speaks out on Mexican gold ro...
12/17/2013Redtail Metals and Northern Tiger Expand Merger to Include A...
10/28/2013Americas Bullion Vends Grew Creek Project; Takes Strategic P...
7/18/2013(Del)Receives YMIP Funding for Korat and Del Projects in the Yuko...
6/27/2013Commences Exploration at 3Ace Project, Yukon
1/23/2013Announces Share Consolidation
11/14/2012Samples 8.5 g/t Gold over 6.8 Metres at Sprogge Project, Yuk...
10/31/2012Drills 1.5 g/t Gold over 45.4 metres at 3Ace Project, Yukon
8/17/2012With The Yukon Exploration Season In Full Swing, Northern Ti...
8/8/2012Channel Samples 132.91 g/t Gold over 6.9 Metres Along Strike...
7/31/2012Chip Samples up to 227 g/t Gold at 3Ace Project, Yukon
7/4/2012Markets Magazine: Yukon Contenders Still in the Game
6/5/2012(NTR: TSX-V) featured on Goldseek Radio
5/24/2012Announces 3,000 Metre Drill Program at 3Ace, Yukon
3/29/2012Corporate Video from the Toronto Subscriber Investment Summ...
1/17/2012(3ace Property)Reports Final 2011 Drill Results at 3Ace Property, Yukon Int...
12/20/2011(3ace Property)Reports Additional Assay Results at 3Ace Property, Yukon Int...
12/1/2011(3ace Property)Identifies New Gold Exploration Targets at 3Ace Property, Yu...
10/25/2011(3ace Property)Reports Additional Assay Results at 3Ace Property, Yukon I...
9/26/2011(3ace Property)Reports Assay Results at 3Ace Property, Yukon Intersects 3.7...
9/1/2011Exploration Update - New Gold Targets Identified at 3Ace and...
5/6/2011Announces $7 million Yukon Exploration Program
3/9/2011(NTR: TSX-V): Yukon Goldrush Video Presentation & Corporate ...
3/1/2011(Sonora Gulch)NI 43-101 Technical Report on Sonora Gulch Property, Yukon R...
2/17/2011Featured on Contrary Investors Caf=E9
6/22/2010Options Yukon Gold Property at Livingstone Creek
5/26/2010Commences $2.6 Million Yukon Exploration Program
4/7/2010Finalizes Option Agreement on 3Ace Gold Property
3/5/2010Acquires Promising Yukon Gold Prospect
1/13/2010Exhibit at the Vancouver Resource Investment Conference: Jan...
9/9/2009Completes Dawson Range Drill Program and Geophysical Surveys
7/28/2009Acquires Additional Properties in Dawson Range, Yukon
6/11/2009featured on Minesite.com - Europe's leading mining website
9/18/2008Reports Visible Gold in Sonora Gulch Drill Core
8/21/2008 (Firestone Ventures' spin-out) completes 2008 drill program...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
Prev close Open
Low High
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  - -
Volume 1 month var.
-
Produces
Develops
Explores for
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.24+0.76%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 10.06+1.93%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.57-4.68%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+18.18%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
 2.26+6.10%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 14.59+0.97%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
 0.31+3.33%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
 0.20-2.38%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 2.20+4.27%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 42.96+0.23%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Sun Res.(Oil)SUR.AX
Released ASX Announcement: Quarterly Activities Report
AU$ 0.00+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.