| | Published : September 18th, 2008 | Reports Visible Gold in Sonora Gulch Drill Core |
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Re: News Archive - Thursday, September 18, 2008 Title: Northern Tiger Resources Reports Visible Gold in Sonora Gulch Drill Core
September 18, 2008: Northern Tiger Resources Inc. (NTR: TSX-V) is pleased to announce positive results from the first four holes of the 2008 Diamond drilling program on the Company's 100% owned Sonora Gulch gold-silver-copper property, including a 4.8 metre intercept with visible gold grading 2.31 g/t gold, 19.8 g/t silver and 0.737% copper (Hole SG-08-25).
"We are excited by the new style of gold mineralization encountered in the Nightmusic Zone" says Greg Hayes, President of Northern Tiger Resources Inc. "We are also considering additional assay testing to address the potential nugget effect associated with the visible gold."
The Sonora Gulch property is characterized by multiple styles of gold mineralization and a gold-bismuth-tellurium geochemical signature. The project is located in the Dawson Range gold district in west-central Yukon Territory within 25 kilometres of a seasonal access road and within 40 kilometers of Sherwood Copper's Minto copper-gold mine access road and soon to be completed hydro power line.
Sonora Gulch Drill Program The 2008 program consisted of 2,238.3 metres of Diamond drilling in 10 holes testing three major target areas at Sonora Gulch. It also included detailed soil and silt geochemical sampling, mapping and prospecting across a large area of the Sonora Gulch property, and on Northern Tiger's other Dawson Range properties.
The first three holes of the 2008 program, SG-08-23 through 25, targeted the Nightmusic Zone, while the fourth hole, SG-08-26, targeted the Jupiter copper-gold geochemical anomaly. Results are pending for three more holes targeting the Nightmusic zone, and for three holes targeting the Amadeus Zone, located more than two kilometers to the east of the Nightmusic Zone.
Hole SG-08-23 returned a 2.0 metre intercept grading 5.09 g/t gold from 113.3 to 115.3 metres. A 2008 surface sample of quartz veining from previously trenched material returned a value of 1.105 g/t gold.
Hole SG-08-24, collared about 75 metres to the northwest of SG-08-23, returned a 28.0 metre intercept from 73.5 to 101.5 metres grading 0.606 g/t gold with 6.0 g/t silver. This intercept includes a 4.0 metre sub-interval grading 1.428 g/t gold from 73.5 to 77.5 metres.
Hole SG-08-25, collared 145 metres to the southeast of SG-08-23, returned a 4.8 metre intercept grading 2.31 g/t gold, including visible gold, with 19.8 g/t silver and 0.737% copper. Several shorter mineralized zones of gold +/- silver and copper mineralization were encountered within this hole, as well as a 1.4 metre interval from 160.0 to 161.4 metres grading 2.82% zinc.
The fourth hole, SG-08-26, which targeted the Jupiter anomaly, was collared 650 metres south-southeast of SG-08-23. Elevated gold and silver values, anomalous copper and strongly anomalous molybdenum values were returned across the length of the hole. Results include a 2.0 metre intercept from 216.5 to 218.5 metres grading 1.18 g/t gold and 81.9 g/t silver.
Important intercepts from the first four holes are listed in Table 1 below.
Hole No |
Interval (m) |
Width (m) |
Gold (g/t) |
Silver (g/t) |
Copper* (%) |
SG-08-23 |
59.9 -- 63.9 |
4.0 |
0.584 |
5.3 |
|
|
74.6 -- 76.6 |
2.0 |
0.358 |
40.7 |
|
|
113.3 -- 115.3 |
2.0 |
5.09 |
1.2 |
|
SG-08-24 |
21.1 -- 37.1 |
16.0 |
0.476 |
5.0 |
0.047 |
|
73.5 -- 101.5 |
28.0 |
0.606 |
6.0 |
0.075 |
Includes |
73.5 -- 77.5 |
4.0 |
1.428 |
16.1 |
|
SG-08-25 |
42.7 -- 43.7 |
1.0 |
0.351 |
57.3 |
0.583 |
|
51.7 -- 53.7 |
2.0 |
1.41 |
2.0 |
|
|
95.7 -- 97.7 |
2.0 |
0.96 |
17.4 |
|
|
108.5 -- 112.5 |
4.0 |
0.523 |
16.8 |
0.047 |
|
117.4 -- 122.2 |
4.8 |
2.31 |
19.8 |
0.737 |
Includes |
118.2 -- 120.2 |
2.0 |
3.83 |
31.0 |
1.15 |
|
160.0 -- 161.4 |
1.4 |
0.908 |
13.8 |
0.068 |
SG-08-26 |
216.5 -- 218.5 |
2.0 |
1.18 |
81.9 |
| *Shown where significant
This News Release has been reviewed and approved by Carl Schulze, BSc, PGeo, and Qualified Person for the property, in accordance with regulations under National Instrument 43-101. All samples are being analyzed by ALS Chemex of North Vancouver, British Columbia, Canada using 50 gram fire assay and 35 element ICP analysis. Northern Tiger Resources Inc. also incorporated numerous standard, blank and duplicate samples to test the analytical results for accuracy.
Northern Tiger Resources Inc. is a new Canadian-based resource exploration company focused on the rapidly developing Dawson Range gold-copper mining district in the Central Yukon. Through its exploration alliance with Sherwood Copper 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
Toll Free: 1-866-266-6569 www.northern-tiger.com
Fax: (780) 428-3476 Trading Symbol: NTR: TSX-V
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. The Company disclaims any intention or obligation to revise or update such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Copyright � 2008 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 ..
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