🕐25.11.10 - 12:54 Uhr
Northern Tiger Resources Announces Additional 3Ace Drill Results
=======================================================================
Re: News Release - Thursday, November 25, 2010
Northern Tiger Resources Announces Additional 3Ace Drill Results
=======================================================================
November 25, 2010: Northern Tiger Resources Inc.
("Northern Tiger" or
the "Company") (NTR: TSX-V) is pleased to announce that all assay
results from the 9-hole, 1,240-metre diamond drill program at the 3Ace
Property in the southeast Yukon have been received.
In addition to
the previously announced discovery holes in the Main Zone (including
intercepts of 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), five of six holes
collared in the Sleeping Giant Zone intersected significant mineralized
structures, including:
To see the table please view the news release on the website at:
http://www.northern-tiger.com/s/NewsReleases.asp?ReportID=430565
"Management is very pleased with the results of our initial exploration
season at 3Ace.
We outlined a number of compelling high grade gold
targets in an area covering in excess of four square kilometres and
drilled the first significant discovery holes in this area of the
Yukon says Greg Hayes, President of Northern Tiger.
"We have
substantially increased our land package, and believe these results
warrant a much larger exploration and drill program in 2011."
Six holes totaling 941 metres were collared at the Sleeping Giant Zone,
with two holes collared at each of three sites at dips of -55 and -70
respectively, along a 180-metre portion of the known strike length of
the zone.
Holes 3A-10-04 and 3A-10-05, collared towards its southern
limit, targeted the projected downdip extension of surface visible gold
mineralization discovered earlier in 2010.
Both holes returned
auriferous intercepts at the expected target depths, including visible
gold in Hole 3A-10-04, confirming the downdip extension of the zone.
Hole 3A-10-04 also returned an 11.9-m intercept from 120.7 - 132.6m,
which included a 1.9-metre intercept grading 3.48 g/t gold (Au).
This
intercept, discovered from drilling and not yet located on surface,
represents a new mineralized structure in the Sleeping Giant Zone area.
Holes 3A-10-06 and 3A-10-07, collared roughly 130 metres
north-northwest, targeted the downdip extension of an area of high
grade gold from surface chip sampling including 11.34 g/t across 6.0
metres.
Both holes intersected the Sleeping Giant Vein.
Hole 3A-10-06
returned a value of 0.98 g/t Au across the 5.6-metre vein intercept.
Although Hole 3A-10-07 intersected the zone from 38.0 to 43.7m, it
returned only moderately anomalous values, to a maximum of 0.50 g/t Au
across 2.0m.
Hole 3A-10-06 also returned an auriferous zone returning 0.50 g/t Au
across 10.8 metres, from 113.5 to 124.3m.
This is roughly consistent
with the new zone encountered in Hole 3A-10-04, which has not been
identified on surface.
Holes 3A-10-08 and 3A-10-09 were collared about 60 metres northwest of
Holes 3A-10-06 and 3A-10-07, on the west side of the vein, and drilled
to the southeast.
Hole 3A-10-08 intersected the vein from 45.55 to
52.5m, returning only moderately anomalous values to 0.30 g/t across
1.5m, although a higher grade intercept of 2.16 g/t Au across 1.2m was
returned from 34.4 to 35.6m.
Although no significant intercepts were
returned from Hole 3A-10-09, numerous anomalous gold values were
returned from several intercepts throughout the hole.
This drilling program revealed that the Sleeping Giant consistently
occurs as a very gently east-dipping zone roughly six metres in width
along the 180-metre drilled portion of its strike extent.
Results of
metallic screen fire assay (MSFA) analysis and of duplicate core
sampling revealed that a strong "coarse gold" effect exists.
Drill
results, combined with surface sampling, also suggest that high grade
gold mineralization may be specific to certain portions of the zone.
Further detailed structural analysis, combining results from detailed
surface mapping and core logging, are planned to improve the
understanding of the structural controls of the Sleeping Giant Zone, as
well as other significant gold zones within the 3Ace property.
A map showing the Sleeping Giant Zone drill hole locations and
intercepts is available at www.northern-tiger.com.
This News Release has been reviewed and approved by Carl Schulze,
B.Sc., P.Geol., the 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 screen metallic 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.
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.
=======================================================================
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:
=======================================================================