🕐24.05.12 - 18:54 Uhr
NORTHERN TIGER RESOURCES ANNOUNCES 3,000 METRE DRILL PROGRAM AT 3ACE, YUKON
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Re: News Releases - Thursday, May 24, 2012
Northern Tiger Resources Announces 3,000 Metre Drill Program at
3Ace, Yukon
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May 24, 2012: Northern Tiger Resources Inc.
("Northern Tiger" or the
"Company") (NTR: TSX-V) is pleased to announce that a field crew has
been mobilized to its 3Ace Project in the southeast Yukon where 2011
drilling returned results up to 4.6 g/t gold over 35.0 metres,
including 106.2 g/t gold over 1.0 metre (see news release dated October
25, 2011).
The 2012 exploration program will include 3,000 metres of
diamond drilling, as well as additional surface exploration, including
trenching, sampling prospecting and mapping.
"We are pleased to be heading back into the field to follow up on our
successful 2011 exploration results," says Greg Hayes, President of
Northern Tiger.
"The 2012 drilling program is designed to both expand
the Main Zone mineralization and to further evaluate the kilometres of
gold-in-soil anomalies that remain to be drill tested."
The drilling will commence in early June, and will initially focus on
expanding the Main Zone along strike and down-dip.
Gold mineralization
at the Main Zone currently has a drilled strike length of 220 metres,
and is related to a steeply dipping shear zone which hosts an en
echelon array of vein segments that are linked by stockwork veins and
breccias.
The drill will then shift focus to testing a number of new
gold targets on both 3Ace (extensive gold-in-soil anomalies over an
area of 9 km2) and the adjacent Sprogge property (hosting a 3 km trend
of mineralized occurrences and extensive hydrothermal alteration).
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.
(NTR: TSX-V) is a Canadian-based resource
exploration company focused on gold and copper exploration in the
Yukon, where it has a strong portfolio of projects.
Drilling in 2011
confirmed a new high-grade gold discovery at the Companys flagship
3Ace Project, including an intercept of 4.6 g/t gold over 35.0 metres,
including 106.2 g/t gold over 1.0 metre.
A large porphyry system being
explored at the Companys Sonora Gulch Project also returned
significant drill results in 2011, including 0.45 g/t gold and 3.0 g/t
silver over 234.0 metres.
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) 2012 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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