Northern Freegold Resources Ltd.

Northern Freegold Resources Ltd.

October 01, 2007 09:00 ET

Diamond Drill Program at Freegold Mountain Passes 11,000 Metre Mark; Drill Results Continue to Expand Nucleus Zone

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2007) - Northern Freegold Resources Ltd. (TSX VENTURE:NFR) is pleased to announce that 56 holes totaling over 11,000 m have been drilled to date at the Freegold Mountain project. This release provides additional drill results from 6 holes in the 2007 diamond drill program at the Nucleus zone. Twenty-seven (27) holes totaling 6,313 m (20,705 ft) were drilled within the Nucleus Zone over a period of 3 months. Additional results from all zones will be released as they are received, compiled and interpreted.


- More than 11,100 m (36,000 feet) drilling completed at Freegold Mountain, with 6,313 m (20,705 feet) completed at Nucleus Zone in 3 months

- Nucleus Zone continues to return widespread gold mineralization in step-out holes to the east. Copper mineralization correlates with gold values in select holes:

- 89.90 m (204.87 feet) of 0.67 g/t Au in GRD07-45 including 7.90 m (25.91 feet) of 1.78 g/t Au and 0.29% Cu, located 80 m to the north of GRD07-41

- 20.28 m (66.52 feet) of 1.40 g/t Au and 14.96 m (49.08 feet) of 1.42 g/t Au and 0.24% Cu in GRD07-47, located 180 m to the north of GRD07-41

Nucleus Zone (Partial Results)

The first drill hole of the program (GRD07-41) was released on July 19, 2007 and returned 72.35 m (237.30 feet) of 2.5 g/t Au and 0.14% Cu. In response to these significant results, Northern Freegold relocated the drill back to the Hole GRD07-41 area and completed 3 additional step-out holes (GRD07-58 to 60) and are awaiting results. The eastern extension of the Nucleus Zone and its relationship with the Cu-Au-Ag rich Revenue Zone, 2.5 km to the east continues to be tested by holes GRD07-42 through 47, contained in this release. A 36 km 3-D IP geophysical survey was completed between the Revenue and Nucleus Zones during the 2007 exploration season to better define future drill targets. The diamond drill is currently on the 7th hole of the 2007 program in the Revenue Zone.

A plan map of the 2007 drilling and section including results from hole GRD07-45 can be found at

Results from GRD07-42 through 47 are found on the table on the following page.

Hole Length From To Thickness Thickness Au Cu
No. m m M m feet g/t Ppm (%)
GRD07-42 208.23 79.20 127.90 48.70 159.74 0.36 1,674 (0.17)
includes 95.60 122.80 27.20 89.22 0.47 1,752 (0.18)
GRD07-43 262.13 No significant results
GRD07-44 216.10 33.35 41.35 8.00 26.24 0.54 (i)
GRD07-45 279.50 24.20 114.10 89.90 294.87 0.67 (i)
includes 62.85 81.15 18.30 60.02 0.94 1,998 (0.20)
includes 68.85 76.75 7.90 25.91 1.78 2,948 (0.29)
And 271.00 279.50 8.50 27.88 1.00 (i)
GRD07-46 221.59 26.60 84.10 57.50 188.60 0.85 (i)
includes 26.60 61.40 34.80 114.14 1.05 (i)
includes 43.20 47.20 4.00 13.12 3.22 (i)
And 110.20 114.90 4.70 15.42 0.57 (i)
GRD07-47 248.81 3.05 23.33 20.28 66.52 1.40 (i)
And 56.15 71.11 14.96 49.08 1.42 2,370 (0.24)
Includes 56.15 58.02 1.87 6.13 6.78 (i)
And 100.60 102.70 2.10 6.81 2.26 (i)
(i) Cu values less than 1,000 ppm

Multiple single mineralized intervals of up to 1.0 g/t in each hole are not included in the above table.

Bill Harris, President & CEO, commented, "These step-out holes continue to confirm the eastern extension of gold and copper mineralization in the Nucleus Zone area of our District Scale Freegold Mountain Project. Northern Freegold is encouraged by the results of the first six step-out holes drilled in the Nucleus Zone in 2007 and how they have expanded the potential of the mineralization in the area. The company is eagerly awaiting the results from the remaining 21 holes in this zone."

The Freegold Mountain Project covers an area in excess of 64 square miles (166 square km) and several road accessible mineralized zones which include historical and non-43-101 compliant resources. The Nucleus Zone is within the Golden Revenue property, 100% of which was recently purchased from ATAC Resources Ltd. (TSX VENTURE:ATC) (see August 23, 2007 press release).

Historical work on the Freegold Mountain property dating back to 1930 indicates that the property holds significant potential to host an intrusion related gold deposit or bulk-tonnage gold +/- copper porphyry style mineralization such as that seen at Kinross Gold's Fort Knox deposit in Alaska which has produced more than 3 million ounces in the past 10 years and still has a resource of 2 million ounces of gold from proven and probable reserves of 82.1 million tonnes grading 0.74 g/t.

Quality Control and Assurance

All core samples from diamond drilling are split and sent to EcoTech Laboratory in Whitehorse for sample preparation and then to EcoTech Laboratory in Kamloops for analysis. Blanks, commercial standards and duplicate core samples are included in each batch. Gold is analysed on 30 gram pulps by fire assay followed by aqua regia digestion and Atomic Absorption Spectrometry (AAS). Gold values greater than 1000 ppb are reanalysed by gravimetric fire assay. Other elements are analysed by 28 element ICP analysis after aqua regia digestion. Additional check analyses and assays will be carried out by ALS Chemex in North Vancouver.

The program is under the direct supervision of Mr. Ron Robertson, P. Geol., hereby identified as the "Qualified Person" under the NI 43-101 requirements.

Northern Freegold is a Canadian-based resource exploration and development company which relies on local expertise and strong management to focus on development of economic reserves on the district-scale Freegold Mountain Project in the Yukon and the Burro Creek Project in Arizona.

Northern Freegold Resources Ltd.

On behalf of the Board of Directors

William (Bill) G. Harris, President and Chief Executive Officer

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

To view the map accompanying this release please click on the following link:

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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