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Identifies Copper-Molybdenum Porphyry Target
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Northern Tiger Resources Inc.
Publié le 25 février 2010
Identifies Copper-Molybdenum Porphyry Target
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Re:
News Release - Thursday, February 25, 2010
Title:
Northern Tiger Resources Identifies Copper-Molybdenum Porphyry Target at Sonora Gulch
February 25, 2010:
Northern Tiger Resources Inc. (NTR: TSX-V) announced today that surface exploration work in 2009 identified a large copper-molybdenum anomaly that is currently being evaluated as a copper-moly-gold porphyry system. The copper-molybdenum anomaly is contained within a 6 kilometre by 1.5 kilometre corridor of anomalous gold geochemistry hosting several high priority gold prospects.
"We are enthused about both the size and intensity of the copper-molybdenum anomaly," says Greg Hayes, President of Northern Tiger Resources. "Initial work on the target has demonstrated the presence of many of the classic indicators of a porphyry system, and recent age determinations done by the Yukon Geological Survey showing that the system is equivalent in age to Western Copper Corporation's world-class Casino porphyry further support the target's potential. Our 2010 exploration program will be designed to advance the new porphyry target as well as to continue to explore our highest priority gold targets located on the periphery of the copper-moly anomaly."
The copper-molybdenum anomaly covers a 2 by 1-kilometre area. Copper values in soil range from trace to 1,870 ppm (443 samples with an average grade of 145 ppm) and molybdenum values in soil range from trace to 231 ppm (443 samples with an average grade of 11 ppm).
Recently published data by the Yukon Geological Survey (YGS) in the Yukon Exploration and Geology Review -- 2009 indicate that the granitoid intrusions at Sonora Gulch were emplaced between 74 and 75 million years ago -- a similar age to the Casino stock where a very large copper-gold-molybdenum porphyry deposit located 40 kilometres to the west contains stated mineral reserves of 4.4 billion pounds of copper, 8 million ounces of gold and 475 million pounds of molybdenum in approximately 1 billion tonnes of ore. Further, the YGS work indicates that the mineralization at Sonora Gulch was deposited over an extended period in multiple phases associated with discrete pulses of late Cretaceous magmatism.
A number of other features commonly considered to be indicative of porphyry systems are evident on the property, including:
airborne radiometrics indicate a large zone of potassic alteration in close association with the geochemical anomaly;
the copper-molybdenum anomaly is flanked by three gold zones: the Amadeus Zone to the east, the Nightmusic Zone to the Northwest and the Gold Vein Zone to the Southwest;
widespread gold and base metal skarns have been encountered on the north side of the geochemical anomaly (Nightmusic Zone);
epithermal gold-silver mineralization hosted within a zone of strong argillic and moderate phyllic alteration has been encountered immediately to the east of the geochemical anomaly (Amadeus Zone); and
the geochemical anomaly is hosted in a quartz monzonite stock.
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 were 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 for quality control purposes.
Northern Tiger Resources Inc. is a 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 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
) or visit our Investor Relations Hub at
http://agoracom.com/ir/NorthernTiger
.
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. 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 � 2010 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
..
Message sent on Wed Feb 24, 2010 at 1:37:12 PM Pacific Time
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