🕐17.11.10 - 19:54 Uhr
Northern Tiger Resources Increases 3Ace Land Position
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Re: News Releases - Wednesday, November 17, 2010
Northern Tiger Resources Increases 3Ace Land Position
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November 17, 2010: Northern Tiger Resources Inc.
("Northern Tiger" or
the "Company") (NTR: TSX-V) is pleased to announce a significant
expansion of its land position at the 3Ace Property in the southeast
Yukon.
The Company recently announced a new gold drill-hole discovery
on the project, including an intercept grading 14.8 g/t gold over 10.9
metres (see news release dated November 4, 2010).
Since acquiring the
initial 143 claims in April, Northern Tiger has staked an additional
823 claims and acquired 20 claims from a prospector to bring the total
claim block up to 986 claims (206 km2).
Seven regional targets totalling 256 claims (54 km2) have also been
staked.
These regional targets cover gold/arsenic silt geochemical
anomalies in favourable quartz pebble conglomerate host rocks similar
to those found on the 3Ace Property.
"The success of our initial exploration season at 3Ace warranted a
significant increase to our land position," says Greg Hayes, President
of Northern Tiger.
"Northern Tiger now holds a substantial land
package in an under explored part of the Yukon that we have
demonstrated is very prospective for the discovery of additional
high-grade gold vein systems."
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.
is a Canadian-based resource exploration
company focused on gold and copper exploration in the 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
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 Companys 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.
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Copyright (c) 2010 NORTHERN TIGER RESOURCES (NTR) All rights reserved.
For more information visit our website at
http://www.northern-tiger.com/ or send mailto:
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