Northern Tiger Resources Inc.
TSX VENTURE : NTR

Northern Tiger Resources Inc.

March 02, 2010 06:30 ET

Northern Tiger Resources Reports 9 Square Kilometre Gold Anomaly at Sonora Gulch

EDMONTON, ALBERTA--(Marketwire - March 2, 2010) - Northern Tiger Resources Inc. (TSX VENTURE:NTR) announces that 2009 fieldwork was successful in further refining and expanding the priority gold targets at Sonora Gulch. Work to-date has identified a near-continuous geochemical gold-in-soil anomaly (>20 ppb) that extends for 6 kilometres with an average width of approximately 1.5 kilometres. 

"Both the size and the intensity of the overall gold trend at Sonora Gulch compare very favorably with other anomalies currently being explored in the very active Dawson Range/White Gold district," says Greg Hayes President of Northern Tiger Resources. "Exploration at Sonora Gulch continues to demonstrate the property's gold potential, and a number of very compelling targets remain to be drill-tested."

The broad gold trend, defined by 1,971 soil samples (22% collected in 2009), now covers approximately 9 square kilometres. Gold-in-soil values range from trace to 2,340 ppb, with an average grade of 56 ppb. Within this broader trend, a number of clusters with significantly elevated gold values have been identified as high priority targets for additional exploration, including the Gold Vein, Sonata, and Concerto Creek anomalies. The copper-molybdenum porphyry target (see news release dated February 25, 2010) is also contained within this broad trend.

Gold Vein Anomaly

Additional soil sampling in 2009 has expanded and improved the definition of the historic Gold Vein Anomaly. The anomaly now measures approximately 1.2 kilometres by 0.4 kilometres and shows strongly elevated gold-in-soil values up to 1,215 ppb and averaging 161 ppb over 112 samples (97% collected in 2009). The anomaly overlies a felsic intrusive unit along the northern contact of the Dawson Range batholith. The target consists of structurally controlled gold-sulphide and gold-quartz veins occurring as sheeted vein systems and as stockwork veining in breccia zones.

The area was explored with a limited drill program in 1978. Eleven holes were drilled with narrow-diameter core to an average depth of only 43 metres. Although recoveries were quite poor, frequently less than 60%, anomalous levels of gold (up to 4,150 ppb) were intersected in each hole. A significant portion of the anomaly remains to be drill tested, and a reinterpretation of the historic results indicates that the holes drilled in 1978 may not have successfully intersected the intended target structures.

Sonata Anomaly

Additional soil sampling has expanded the Sonata Anomaly, first identified in 2008, to an area measuring approximately 1 kilometre by 1 kilometre. An interpreted narrow unmineralized ultramafic sill bisects the anomaly. The polymetallic anomaly was defined from 81 soil samples (94% collected in 2009), with elevated levels of gold (maximum of 1,755 ppb; average 83 ppb), copper (maximum of 1,680 ppm; average 105 ppm), molybdenum (maximum of 42 ppm; average 3 ppm), silver (maximum of 77 ppm; average of 3 ppm) and lead (maximum of 6,670 ppm; average of 217 ppm).

Concerto Creek Anomaly

2009 field work has also improved the delineation of the Concerto Creek Anomaly. The anomaly now measures approximately 700 metres by 400 metres, identified from 52 samples (31% collected in 2009) with gold-in-soil values ranging up to 334 ppb (average 63 ppb). The anomaly is located along the north contact of a late feldspar porphyritic intrusion.

This News Release has been reviewed and approved by Carl Schulze, BSc, PGeo, and Qualified Person for the property, in accordance with regulations under National Instrument 43-101. All samples were analyzed by ALS Chemex of North Vancouver, British Columbia, Canada using 50 gram fire assay and 35 element ICP analysis. 

Northern Tiger Resources Inc. is a Canadian-based resource exploration company focused on the rapidly developing Dawson Range gold-copper mining district in the Central 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.

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 Company's 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. The Company disclaims any intention or obligation to revise or update such statements.

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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