Posts Tagged Northern Tiger

Northern Tiger Resources Reports Additional Assay Results at 3Ace Property, Yukon Intersects 3.15 g/t over 27.9 metres, including 45.22 g/t over 1.3 metres

Northern Tiger Resources Inc. (“Northern Tiger” or the “Company”) (NTR: TSX-V) is pleased to announce that assays have been received for an additional twelve diamond drill holes from the 3Ace Property in the southeast Yukon. Assays have now been reported for 20 of the 29 holes completed to depth in the 2011 drill campaign. Assays are pending for five additional Main Zone holes and for two scout holes at each of the North Zone and the road showing prospects.

Key results from the twelve holes being reported include:

  • 3A-11-18 — 1.25 g/t gold over 30.5 metres, including 3.11 g/t gold over 6.8 metres
  • 3A-11-28 — 1.15 g/t over 23.0 metres, including 6.45 g/t over 1.0 metre
  • 3A-11-32 — 3.15 g/t over 27.9 metres, including 45.22 g/t over 1.3 metres

“Drilling continues to demonstrate the continuity of the Main Zone,” says Greg Hayes, President of Northern Tiger. “We have also observed visible gold in six of the seventeen Main Zone holes reported so far this year – an encouraging indicator of the strength of the mineralizing system at 3Ace.”

Main Zone Holes 3A-11-18, 28 and 32 are step-back holes, and all three holes intercepted significant gold mineralization and continue to demonstrate the down-dip continuity of the Main Zone. Hole 3A-11-20a is an in-fill hole that also intersected the mineralized zone. Hole 3A-11-21 was drilled roughly parallel to the strike of the mineralized structure, primarily to obtain additional information on the geometry of the Main Zone stratigraphy. Hole 3A-11-24a, a 50 metre step out to the south of Hole 3A-10-02, did not intercept any significant mineralization, and the Main Zone is interpreted to be either off-set or terminated by a fault at this location. The Main Zone continues to be open along strike to the north and down-dip.

Six scout holes from three separate set-ups tested a small portion of the Green Zone West geochemical anomaly. All six holes intercepted narrow zones of relatively low-grade gold mineralization. The Green Zone West mineralization intercepted in these initial drill holes does not adequately explain the scale and tenor of the soil anomaly and further drill testing is warranted.

Maps showing drill hole locations and intercepts will be posted on the Company’s website at www.northern-tiger.com.

Significant intercepts include:

>

Hole # Dip Azimuth Zone Interval
(m)
Width
(m)
Gold
(g/t)
3A-11-18 -60o 270o Main 97.8 — 99.0 1.2 7.50
108.0 — 109.6 1.6 3.64
145.0 — 175.5 30.5 1.25
Including 168.7 — 175.5 6.8 3.11
279.0 — 281.0 2.0 1.87
3A-11-20a -60o 270o Main 99.0 — 115.3 16.3 0.52
136.2 — 138.0 1.8 0.65
3A-11-21 -60o 190o Main 70.0 — 72.0 2.0 0.58
92.7 — 94.7 2.0 1.09
119.2 — 125.0 5.8 0.68
182.5 — 183.5 1.0 0.68
3A-11-24a -65o 270o Main No significant intercepts
3A-11-28 -60o 270o Main 48.4 — 50.5 2.1 0.59
89.0 — 112.0 23.0 1.15
Including 101.0 — 102.0 1.0 6.45
Including 107.4 — 108.5 1.0 4.87
130.0 — 132.0 2.0 2.16
147.3 — 149.0 1.7 2.70
222.0 — 226.9 4.9 0.78
3A-11-32 -60o 270o Main 87.1 — 115.0 27.9 3.15
Including 100.1 — 101.4 1.3 45.22
Including 110.0 — 111.0 1.0 12.76
123.0 — 128.4 5.4 0.57
189.0 — 191.5 2.5 0.63
238.0 — 239.0 1.0 2.05
3A-11-22 -60o 245o Green 48.6 — 50.6 2.0 0.72
3A-11-23 -75o 245o Green 155.2 — 157.9 2.7 3.00
3A-11-25 -85o 245o Green 147.2 — 150.0 2.8 0.83
3A-11-26 -60o 160o Green 13.5 — 15.0 1.5 0.81
3A-11-27 -75o 160o Green 296.2 — 301.3 5.1 0.62
3A-11-30 -75o 160o Green 97.0 — 98.3 1.3 0.64
360.0 — 361.0 1.0 0.61

Notes:

  • Holes 3A-11-20 and 3A-11-24 were lost due to difficult ground condition. The holes were steepened and re-drilled as 3A-11-20a and 3A-11-24a. Hole 3A-11-29 was lost due to difficult ground conditions and was not re-drilled.
  • Reported intersections are drilled thicknesses, as true widths have not yet been determined.

This News Release has been reviewed and approved by Dennis Ouellette, B.Sc., P.Geol., a 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 metallic screen 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. (NTR: TSX-V) is a Canadian-based resource exploration company focused on gold and copper exploration in the Yukon. The company has a portfolio of gold and copper focused projects in the Yukon, including 3Ace (high-grade gold discovery made in 2010), Sprogge, Sonora Gulch and five properties prospective for Minto-style high-grade copper mineralization. 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

, ,

No Comments

NORTHERN TIGER RESOURCES REPORTS ASSAY RESULTS AT 3ACE PROPERTY, YUKON INTERSECTS 3.75 G/T OVER 13.2 METRES AND 13.81 G/T OVER 2.4 METRES

Northern Tiger Resources Inc. has now received assays for four diamond drill holes at the 3Ace property in the southeast Yukon. Assays are pending for an additional 18 holes and two drills are still turning on the property. These initial assay results confirm that the high-grade Main zone continues to depth and has a minimum strike length of 160 metres. It is open along strike in both directions and down dip.

“This is the first significant drill program at 3Ace, and we are very pleased with the continuity of the Main zone observed to date,” says Greg Hayes, president of Northern Tiger. “A strong nugget effect is inherent in high-grade vein systems, so assay grades are expected to be highly variable. In this type of system, it is very encouraging to see the zone has continuity and to have consistently hit gold mineralization. Work to date has reinforced management’s belief that 3Ace represents a significant new gold system with potential to host multiple deposits.”

Significant intercepts from the first four holes are shown in the table.

 

                      Interval           Width            Gold
Hole No.                   (m)             (m)           (g/t)

3A-11-10a            78.0-93.7            15.7            0.52
3A-11-11             78.0-91.2            13.2            3.75
Including            81.0-83.4             2.4           10.50
3A-11-12             77.8-81.2             3.4            1.26
3A-11-14             72.0-79.2             7.2            4.95
Including            76.8-79.2             2.4           13.81
                   108.0-135.0            27.0            0.59
Including          132.0-132.9             0.9            5.21
                   180.0-183.0             3.0            1.49

Note: 
Hole 3A-10-10 was lost due to difficult ground conditions at 
40-metre depth. The hole was steepened to minus-60 degrees 
and redrilled as 3A-11-10a.   
Reported intersections are drilled thicknesses, as true 
widths have not yet been determined.

 

Hole 3A-11-10a is a 38-metre step back from previously reported 3A-10-02 (dip, minus-55 degrees; azimuth, 270 degrees), which assayed 14.8 grams per tonne gold over 10.9 metres, starting at 24.6 metres (see news release dated Nov. 4, 2010). The gold intercept in hole 3A-11-10a is part of a larger 29.4-metre zone of arsenopyrite mineralization (weighted average of 1,526 parts per million arsenic).

Hole 3A-11-11 is a 28-metre step back from previously reported 3A-10-01 (dip, minus-55 degrees; azimuth, 270 degrees), which assayed 4.3 grams per tonne gold over 30.3 metres, starting at 49.1 metres (see news release dated Nov. 4, 2010). Visible gold was observed in hole 3A-11-11 at 82-metre depth (assaying 10.5 g/t over 2.4 metres). Visible gold was also observed at a depth of 128 metres, but sampling did not produce a significant gold assay.

Hole 3A-11-12 is a 25-metre step out to the north of hole 3A-10-01. Although the mineralized zone is relatively narrow in this hole, visual indications of mineralization from hole 3A-11-15a (a 31-metre step back from 3A-11-12) suggest the mineralized zone expands at depth. Assays are pending for 3A-11-15a.

Hole 3A-11-14 is collared 75 metres north of hole 3A-11-12 and is the most northerly hole drilled in the Main zone — 160 metres north of the discovery outcrop. The drilling intersected three distinct zones of gold mineralization.

Maps showing the drill hole locations and intercepts will be posted on the company’s website.

Geology

The 3Ace property is underlain by coarse-grained quartz pebble conglomerate (QPC) interbedded with sandstone and black shale beds. Three distinct phases of folding and faulting have been identified on the 3Ace property. Although these structural systems predate gold mineralization at 3Ace, they have provided important ground preparation and can act as pathways for mineralization. Gold mineralization at the Main zone is hosted by steeply dipping veins which form an en echelon array of fault segments that are linked by stockwork veins and breccia zones.

This news release has been reviewed and approved by Dennis Ouellette, BSc, PGeol, a qualified person as defined by NI 43-101. All rock and drill core samples were analyzed by Inspectorate America Corp. of Richmond, B.C., using 50-gram fire assay and 50-element, four-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.

, , , ,

No Comments

NORTHERN TIGER RESOURCES REPURCHASES BACK-IN RIGHTS ON SONORA GULCH PROPERTY, YUKON

Northern Tiger Resources Inc. has reached an agreement with Capstone Mining Corp.’s wholly owned subsidiary, into Explorations Ltd., to extinguish the back-in rights MintoEx holds on the Sonora Gulch property.”

With a nine square kilometre gold-in-soil anomaly, multiple gold intercepts in drill holes and a recent independent NI 43-101 Report recommending 16,400 metres of drilling, we believe that Sonora Gulch has significant exploration potential for intrusion related gold mineralization and porphyry copper-gold,” says Greg Hayes, President of Northern Tiger. “This transaction with MintoEx eliminates any uncertainty as to the future ownership of Sonora Gulch and unencumbers this key asset for future business opportunities or development.”

When Northern Tiger was formed in 2008 it acquired five Dawson Range properties from MintoEx that covered copper mineralization and exploration targets thought to be similar to those found at Capstone’s Minto Mine. At that time Northern Tiger and MintoEx entered into a Regional Exploration Alliance Agreement and MintoEx was granted certain back-in rights to Northern Tiger properties within a 50 kilometre radius of the Minto Mill. Now, at the request of Northern Tiger, and in order to unencumber the Sonora Gulch property, MintoEx has agreed to sell the its back-in rights in that property in consideration of $200,000. Northern Tiger shall satisfy this payment through the issuance of 421,052 common shares at a deemed issuance price of $0.475 per common share. The Regional Exploration Alliance remains intact, and MintoEx retains their back-in rights on other projects within 50 kilometres of the Minto Mill. The transaction is subject to approval of the TSX Venture Exchange.

, , , , , ,

No Comments

NORTHERN TIGER RESOURCES YUKON EXPLORATION UPDATE

Northern Tiger Resources Inc. has provided an update on its planned $7.2-million Yukon exploration programs. The 2011 exploration programs are designed to follow up high-grade gold drill discoveries made in 2010 at both the 3Ace and Sonora Gulch projects.

Drilling at Sonora Gulch commenced last week. The primary focus of this 2,500 metre diamond drill program will be on the Gold Vein Zone – a 1.4 kilometre long geochemical anomaly averaging 161 ppb gold-in-soils. A single drill hole testing the anomaly in 2010 returned a discovery intercept of 7.6 g/t gold and 155.5 g/t silver over 6.0 metres.

Construction of the new camp at 3Ace is now advanced and the drill crew is mobilizing to the property this week. The 10,000 metre drill program will focus on the Main Zone, where two diamond drill holes have already intersected significant gold mineralization (including 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), and on Green Zone West (a 1,000 metre by 500 metre anomaly averaging 115 ppb gold-in-soils). Up to five additional targets on 3Ace and the adjoining Sprogge Property will also see preliminary drill testing this year.

“Our Yukon exploration program is well underway, although the late spring melt has caused some delays,” says Greg Hayes, President of Northern Tiger. “We were able to compensate by getting the drill turning early at Sonora Gulch and completing some additional regional exploration work earlier in the season. With the drill crew mobilizing to 3Ace, we will soon have drills turning on two Yukon properties with significant gold discovery potential.”

This News Release has been reviewed and approved by Dennis Ouellette, B.Sc., P.Geol., a Qualified Person as defined by National Instrument 43-101.

, , , , ,

No Comments

NORTHERN TIGER RESOURCES ANNOUNCES $7 MILLION YUKON EXPLORATION PROGRAM

Northern Tiger Resources Inc. has provided information about a planned $7.2-million exploration program, including 12,500 metres of diamond drilling, on its Yukon properties in 2011. The exploration programs are designed to follow up high-grade gold drill discoveries made in 2010 at both the 3Ace and Sonora Gulch projects. Drilling is expected to begin in late May at the company’s 3Ace and Sprogge projects in the southeast Yukon (10,000 metres planned) and in early August at Sonora Gulch in the central Yukon (2,500 metres planned).

“We are planning an aggressive program to follow up on 3Aces’s exceptional 2010 exploration results,” says Greg Hayes, president of Northern Tiger. “With 3Ace already hosting multiple high-grade gold targets, the addition of Sprogge’s significant gold-in-soil anomaly, and a Sonora Gulch program focused on our new drill discovery — a large geochemical and geophysical target tested with only a single hole so far — we believe the potential for multiple discoveries in 2011 to be high.”

3Ace and Sprogge

Northern Tiger has budgeted $6-million for exploration at 3Ace and the adjacent Sprogge property, as the company focuses on the southeast Yukon where it had exceptional early exploration results at 3Ace. The short 2010 program produced drill intercepts including 4.3 grams per tonne (g/t) gold over 30.3 metres and 14.8 g/t gold over 10.9 metres in the Main zone (see news release dated Nov. 4, 2010) and also outlined a number of compelling high-grade gold targets over an area in excess of four square kilometres. The recently optioned Sprogge property is adjacent to 3Ace and also hosts a significant gold geochemical anomaly in a similar geological setting (see news release dated April 12, 2011).

The company is planning 10,000 metres of diamond drilling and will focus on the Main zone, where two diamond drill holes have already intersected significant gold mineralization, and on Green zone west (a 1,000-metre-by-500-metre anomaly averaging 115 parts per billion gold in soils). Up to five additional targets on 3Ace and Sprogge will also see preliminary drill testing this year. In addition to the drilling, an extensive surface exploration program is planned for the properties, including: soil, silt and rock sampling, airborne and ground geophysical surveys, trenching, prospecting, and mapping. It is anticipated that some of the new targets generated from this work will be drill tested as part of the 2011 program. The program is expected to commence in late May, after the construction of a new 45-man camp to accommodate the significantly increased activity level.

Sonora Gulch

Northern Tiger has budgeted $1-million for exploration drilling at Sonora Gulch. The primary focus of this 2,500-metre diamond drill program will be on the Gold Vein zone — a 1.4-kilometre-long geochemical anomaly averaging 161 parts per billion gold in soils. A single drill hole testing the anomaly in 2010 returned a discovery intercept of 7.6 g/t gold and 155.5 g/t silver over six metres (see news release dated Oct. 28, 2010). It is anticipated that the Sonora Gulch drill program will commence in early August.

DEL and BOND

Northern Tiger has also budgeted $200,000 for programs at the DEL and BOND properties. The programs will involve additional prospecting, sampling and ground geophysical surveys to follow up on anomalous copper samples. DEL and BOND were acquired from Capstone Mining Corp.’s wholly owned subsidiary, Minto Explorations Ltd., in June, 2008, and encompass exploration targets where previous prospecting encountered copper mineralization similar to that hosting Capstone’s Minto mine.

This news release has been reviewed and approved by Dennis Ouellette, BSc, PGeol, a qualified person as defined by National Instrument 43-101.

, , , , ,

No Comments

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:


Hole #

Interval
(m)

Width
(m)

Gold
(g/t)

3A-10-04

15.7 – 22.2

6.5

1.35

     Includes:

15.7 – 16.7

1.0

5.05

 

120.7 – 132.6

11.9

1.51

     Includes:

120.7 – 122.6

1.9

3.48

3A-10-05

15.5 – 20.3

4.8

1.05

 

140.5 – 141.4

0.9

1.68

3A-10-06

42.6 – 48.2

5.6

0.98

 

113.5 – 124.3

10.8

0.50

3A-10-07

62.8 – 63.8

1.0

1.25

3A-10-08

34.4 – 35.6

1.2

2.16

“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.

, , , , ,

No Comments

NORTHERN TIGER RESOURCES INCREASES 3ACE LAND POSITION

Northern Tiger Resources Inc. has significantly expanded its land position at the 3Ace property in southeast Yukon. The company recently announced a new gold drill hole discovery on the project, including an intercept grading 14.8 grams per tonne gold over 10.9 metres. 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 square kilometres).

Seven regional targets totalling 256 claims (54 square km) 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 underexplored part of the Yukon that we have demonstrated is very prospective for the discovery of additional high-grade gold vein systems.”

, , , ,

No Comments

NORTHERN TIGER RESOURCES MAKES TWO SEPARATE PRECIOUS METAL DISCOVERIES AT SONORA GULCH, YUKON

Northern Tiger Resources Inc. has received all assays from drill programs at the Sonora Gulch and DAD properties. Highlights include two drill hole discoveries of gold mineralization in areas not previously drilled by the company. In addition, long intercepts of anomalous copper and molybdenum were intersected in porphyry-style alteration that further demonstrates the property’s porphyry potential.

 

                                     Width  Gold  Silver  Copper Molybdenum 
             Hole No.   Interval (m)    (m) (g/t)   (g/t)   (ppm)      (ppm)
Gold                                                                        
intercepts   SG-10-53 194.5 - 210.5   16.0   1.9     6.1     255         13 
             SG-10-55 115.0 - 121.0    6.0   7.6   155.5     548          4 
Copper/moly                                                                 
intercepts   SG-10-51   0.0 - 288.0  288.0     -     0.8     245         19 
             SG-10-53 146.5 - 176.5   30.0     -     1.6     802         88 
             SG-10-54    7.0 - 95.0   88.0     -     0.9     313         13 
             SG-10-56 205.0 - 283.0   78.0     -     0.9     403         24

 

“We are very pleased that Northern Tiger’s exploration team has discovered significant gold mineralization in two separate areas that were not previously drilled. These new drill hole discoveries demonstrate the significant potential for discovery of gold mineralization within the nine-square-kilometre gold-in-soil anomaly NTR has outlined on the property,” says Greg Hayes, president of Northern Tiger. “The identification of characteristic porphyry alteration assemblages combined with sizeable intercepts of anomalous copper and molybdenum has also met the primary objective of the 2010 drill program and demonstrates that a porphyry copper-gold-molybdenum system is at the heart of Sonora Gulch’s mineralization. Our very first and modest drill program to look at the project’s porphyry potential is encouraging. We have demonstrated potential for two separate but related exploration targets and we are analyzing results to define potential ore-grade base metal and precious metal targets.”

Northern Tiger owns 100 per cent of the Sonora Gulch project, which is located in the central Yukon’s Dawson range. Twelve diamond drill holes totalling 2,875 metres were collared in 2010. Two of the 12 holes were abandoned at shallow depths due to difficult drilling conditions. The program was primarily designed to test for the presence of a porphyry copper-gold-molybdenum system as suggested by surface geochemical exploration results. Two of the 12 holes also intersected significant gold mineralization.

Previous work by Northern Tiger has outlined an east-to-west nine-square-kilometre (six km by 1.5 km)-striking soil anomaly defined by anomalous gold and silver plus/minus arsenic, antimony, bismuth and tellurium located around a central zone of anomalous copper and molybdenum (2 km by one km). Within this area a characteristic progression of increasing alteration was noted. Propylitic alteration (epidote, chlorite, calcite) and argillic alteration (illite, muscovite, kaolinite) is associated with the gold anomalies. Phyllic (quartz, sericite, pyrite) alteration is progressively stronger toward the inner copper and molybdenum soil anomalies. The majority of the holes drilled in 2010 cored well-developed alteration and some mineralization (5 to 25 per cent pyrite plus/minus base and precious metals) hosted by Wolverine Creek meta-volcanic and meta-sedimentary rocks. Deeper holes within the porphyry target area intersected patches of moderate to strong potassic alteration (feldspar, biotite/phlogopite, chlorite, gypsum) and skarn mineralization. Variable amounts of quartz veining and fracture controlled chalcopyrite and molybdenite mineralization, typical of porphyry copper mineralization, were also noted in many holes.

A number of the drill holes targeted anomalies identified by a deep-penetrating geophysical survey done by Quantec Geosciences Ltd. and also tested radiometric and magnetic targets identified from a 2009 airborne geophysical survey. Quantec recommended a total of 29 drill holes (including 14 high-priority holes) to test chargeability anomalies identified by the Titan 24 survey. Due to the relatively modest size of drill program versus the large number of promising targets, and logistical limitations of using a skid-mounted drill, only five of the recommended Titan 24 chargeability targets were drill tested in the 2010 drill program. The balance will be considered for drilling in 2011. The two new gold discoveries are also obvious targets for further follow-up.

A location map and table of the drill results are available at the company’s website.

DAD project

A two-hole (404-metre) diamond drilling program was completed on the DAD property to test an induced polarization anomaly coincident with a copper-in-soil geochemical anomaly. The holes cored short lengths of the target Granite Mountain batholith (host to the Minto copper-gold deposits) before intersecting an underlying sequence of pyrite-rich meta-sedimentary rocks. This unit — which is interpreted to be the source of the chargeability anomaly — is not mapped on the surface in the area, either locally or regionally. Copper values up to 363 parts per million and gold up to 103 parts per billion were returned over short intervals. The company is reassessing this target.

3Ace project

The diamond drill program planned for the 3Ace project has been completed with three holes collared into the Main zone and six holes into the Sleeping Giant zone for a total 1,240 metres. All nine holes intercepted the target quartz vein structures and also revealed additional smaller but discrete quartz veins filling the intensely fractured, quartz-flooded host rocks. This is a feature not noted in surface mapping, probably due to the poor bedrock exposure. All drill core has been shipped to Whitehorse where it is being logged and split for assay. Initial assay results are expected soon and it is the company’s intention to release them in two separate batches, one for the Main zone and one for the Sleeping Giant zone.

This news release has been reviewed and approved by Dennis Ouellette, BSc, PGeol, a qualified person as defined by National Instrument 43-101. Samples from Sonora Gulch were analyzed by ALS Chemex of North Vancouver, B.C., Canada, using 50-gram fire assay and 35-element ICP analysis. Samples from 3Ace were analyzed by Inspectorate America Corporation of Richmond, B.C., using 50-gram fire assay and 50-element, four-acid ICP analysis. Samples returning in excess of 30 grams per tonne gold are also sent for metallic screen fire assay testing.

, , ,

No Comments

NORTHERN TIGER RESOURCES IDENTIFIES ADDITIONAL GOLD ZONES AT 3ACE AND PROVIDES UPDATE ON YUKON EXPLORATION PROGRAMS

Four separate gold-bearing zones have been identified on Northern Tiger Resources Inc.’s 3Ace property in the southeast Yukon, Canada. In addition, initial drill results from the Sonora Gulch property in the Dawson Range area of the central Yukon have verified the existence of an underlying porphyry system.

“We are excited to announce that Northern Tiger’s initial exploration program at the 3Ace project is continuing to demonstrate its high-grade gold potential. We expanded the strike length of the high-grade discovery vein to over 50 metres before it disappears under heavy overburden. Significantly, initial exploration results have now identified four gold zones in a two-square-kilometre area, each returning at least one-ounce-plus gold assay. Visible gold has been noted in three of the zones,” says Greg Hayes, president of Northern Tiger. “The drilling program at Sonora Gulch has also met its primary objective of verifying that a porphyry copper-gold-molybdenum system is responsible for the alteration and mineralization at Sonora Gulch. With a gold-in-soil anomaly measuring nine square kilometres coupled with the fact that we have only tested a handful of the recommended Titan 24 chargeability anomalies, Sonora Gulch continues to be a high-priority exploration target.”

3Ace

Northern Tiger has completed the initial surface exploration program at 3Ace, consisting of prospecting, mapping and sampling. The primary objectives of the 2010 program were to investigate the extent of high-grade gold mineralization associated with the discovery vein, where previous grab samples returned values up to 140 ounces per ton and to explore the rest of the property for additional mineralized structures and systems. High-grade assays have now been returned from four separate gold zones, and additional results are pending.

Hand trenching has traced the discovery vein for approximately 50 metres along strike before it disappears under heavy overburden. The north-trending discovery vein dips minus-50 degrees to the east and is hosted in a shear zone (the Main zone) which crosscuts a contact between interbedded quartz-pebble conglomerate and fine-grained phyllite lithologies. The exposed sections of the vein have averaged approximately one metre in width. Results from a soil sampling grid suggest that the Main zone extends for a minimum of 100 metres, and also suggest the presence of a second mineralized vein to the east (up-slope) of the discovery vein.

A second zone named the Sleeping Giant and located approximately 1.2 kilometres east of the Main zone consists predominantly of a white massive quartz vein with variable amounts of course crystalline arsenopyrite. Sampling of the vein has also identified visible gold in three locations. The mineralized structure trends north, has a minimum width of 25 metres, and has been traced along strike for 300 metres before disappearing under overburden. To date, assays received from 20 rock samples have ranged from trace to 44.2 grams per tonne gold (from a 1.1-metre chip sample).

The Green zone is located two kilometres north of the Main zone and consists of an east-west-trending zone hosting scoroditic and arsenical mineralization extending at least two kilometres in strike along a property-scale structural corridor. Mineralization occurs both within small veins and, more commonly, as strongly altered quartz-pebble conglomerate wall rock, commonly brecciated and associated with strong clay alteration and local silicification. To date, assays have been received from 67 rock samples and returned values from trace to 66.5 g/t gold (from a grab sample). A total of 17 rock samples returned values in excess of 1.0 g/t gold.

The North zone, located roughly 500 metres east-northeast of the Main Zone, consists of metre-scale quartz veins with arsenopyrite, minor galena and visible gold. Assays received to date from 14 rock samples range from trace to 90.8 g/t gold and 5.0 g/t silver (from a 1.5-metre chip sample). Roughly 70 metres to the east, another 1.5-metre chip sample of quartz pebble conglomerate with quartz veining and clotty arsenopyrite returned 1.5 g/t gold. Both samples occur within an area of abundant quartz veining and strong silicification within quartz-pebble conglomerate.

Assays have been received for approximately 58 per cent of a large program of chip, rock, soil and silt sampling. Additional results are pending.

Sonora Gulch

The Sonora Gulch project is 100 per cent owned by Northern Tiger and is located in the central Yukon’s Dawson range. Twelve diamond drill holes totalling 2,875 metres were recently completed on the Sonora Gulch property. Two of the 12 holes were abandoned at shallow depths due to difficult drilling conditions. The program was primarily designed to test for the presence of a porphyry copper-gold-molybdenum system as suggested by past exploration results and two holes were also collared in a gold-in-soil anomaly (the Gold Vein zone).

Drill hole locations were chosen based on a combination of factors including geophysical interpretation, alteration and geology, and focused on the central portion of a previously identified copper-molybdenum soil anomaly covering over two square kilometres. This area exhibits extensive surface expressions of sericite-pyrite (phyllic) alteration flanked to the north and south by chlorite-epidote-pyrite (propylitic) alteration. The south flank of the phyllic zone extends along Little Kline’s Gulch which is largely overburden-covered although some exposures contain foliation controlled magnetite/biotite (potassic) alteration within altered metavolcanic rocks. A number of the drill holes targeted anomalies identified by a deep-penetrating geophysical survey done by Quantec Geosciences Ltd. and also tested radiometric and magnetic targets identified from a 2009 airborne geophysical survey. Quantec recommended a total of 29 drill holes (including 14 high priority holes) to test chargeability anomalies identified by the Titan 24 survey. Due to the relatively modest drill program, large number of promising targets and logistical limitations of using a skid-mounted drill, only five of the recommended Titan 24 chargeability targets were drill tested in the 2010 drill program. The balance will be considered for drilling in 2011.

The first three holes (SG10-45, 46, 47) cored strongly silicified quartz feldspar porphyritic monzonite containing disseminated and fracture controlled pyrrhotite with minor chalcopyrite. Later holes encountered carbonate-altered metavolcanic wall rock exhibiting skarn and replacement-style sulphides, locally semi-massive. This includes massive magnetite and semi-massive pyrite plus/minus pyrrhotite plus/minus chalcopyrite plus/minus molybdenite along open fractures and in crosscutting quartz veins. Assays from the first five holes (including the two abandoned holes) have revealed sections of geochemically anomalous copper, gold and/or molybdenum values, although no economically significant zones of mineralization are indicated to date. Assay results are pending for the remaining holes.

Minto-style targets

A two-hole (404 m) diamond drilling program has recently been completed on the Dad property. The drilling tested a gradient array induced polarization (GAIP) anomaly coincident with a copper-in-soil geochemical anomaly suggestive of Minto-style disseminated sulphide mineralization. Assay results are pending.

This news release has been reviewed and approved by Dennis Ouellette, BSc, PGeol, a qualified person as defined by National Instrument 43-101. Samples from Sonora Gulch were analyzed by ALS Chemex of North Vancouver, B.C., Canada, using 50-gram fire assay and 35-element ICP analysis. Samples from 3Ace were analyzed by Inspectorate America Corporation of Richmond, B.C., using 50-gram fire assay and 50-element, four-acid ICP analysis. Samples returning in excess of 30 g/t gold are also sent for metallic screen fire assay testing.

, ,

No Comments

TITAN 24 SURVEY IDENTIFIES PRIORITY TARGETS AND DRILLING UNDERWAY AT SONORA GULCH

Northern Tiger Resources Inc. confirms that a number of high-priority targets have been identified by a deep-penetrating geophysical survey done by Quantec Geosciences Ltd. (the Titan 24 survey) at Sonora Gulch in the Dawson Range, Yukon. Two holes have been completed in a planned 3,000-metre diamond drilling program that commenced on June 29.
“This is a large and attractive target based on the results of the Titan 24 Survey combined with the Cu-Mo-Au-Ag geochemical signature and similar age of intrusive host rocks to the nearby Casino copper-gold-molybdenum porphyry deposit,” says Greg Hayes, President of Northern Tiger. “An intense IP response mantling around a non-chargeable core in our target area is very encouraging and further supports our porphyry exploration model.”
As disclosed in a previous news release (February 25, 2010), many common indicators of a porphyry system have been identified on the project, including a large potassic alteration zone, a copper-molybdenum soil anomaly, and flanking gold and base metal mineralization.
Based on analysis of the Titan 24 Survey and in consultation with Northern Tiger’s geologists, Quantec has recommended 14 drill holes to test 9 separate but spatially related high priority chargeability anomalies. These anomalies cover a 2 by 1-kilometre area, surrounding and draping over a less chargeable core. Chargeable zones are also associated with more conductive areas within the resistivity data. Many of the chargeability anomalies are related to a zone of intersecting structures that may be important for ground preparation. In addition, an airborne magnetic survey defined an arcuate magnetic anomaly at the contact between Cretaceous intrusions and the surrounding country rock.
The Titan 24 Survey consists of 6 lines (each 2.4 kilometres long) spaced 400 metres apart, covering an area of approximately 4.8 square kilometres. Direct current resistivity and induced polarization data are mapped to depths of approximately 750 metres. A presentation of the Titan 24 results will be posted on Northern Tiger’s website.

, , , , ,

No Comments