Northern Freegold Resources Ltd.

Northern Freegold Resources Ltd.

May 02, 2008 16:43 ET

Northern Freegold Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 2, 2008) - Northern Freegold Resources Ltd. (TSX VENTURE:NFR) granted incentive stock options to employees and consultants of the company for the purchase of a total of 350,000 shares at an exercise price of $0.70 per share, expiring April 25, 2011.

Northern Freegold is a well financed 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

Susan P. Craig, President

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.

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

Contact Information

  • Northern Freegold Resources Ltd.
    Sarah A. Longhurst, MBA
    Investor Relations
    (604) 893-8757 or Toll Free: 1-877-893-8757
    (604) 893-8758 (FAX)