Northern Freegold Resources Ltd.
TSX VENTURE : NFR

Northern Freegold Resources Ltd.

May 20, 2008 09:30 ET

Northern Freegold Intersects 3.4 Feet of 31.80 g/t Gold and 759.00 g/t Silver in Drilling at Burro Creek Gold/Silver Property, Arizona

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 20, 2008) - Northern Freegold Resources Ltd. (TSX VENTURE:NFR) is pleased to announce results from an additional eight diamond drill holes at the Burro Creek Gold/Silver Property located in northwestern Arizona, U.S.A. The main focus of the drill program is to confirm and update historical results on an open pit type epithermal gold/silver mineralized zone on the property and to drill test areas on the property with potential to discover additional mineralization within the extensive epithermal vein system. The drill program was completed April 11, 2008 with 33 holes, totaling 8,414 feet (2,565 m) drilled along the vein system. Additional results from the remaining 18 holes will be released, as they are received, compiled and interpreted.

Burro Creek Property Highlights

- Drill hole BC08-030 intersects 15.1 feet of 7.99 g/t gold and 192.72 g/t silver including:

-- 3.4 feet of 31.80 g/t gold and 759.00 g/t silver

- Drill hole BC08-36 intersects 108.7 feet of 0.95 g/t gold and 52.20 g/t silver including:

-- 91.2 feet of 1.11 g/t gold and 54.49 g/t silver

-- 23.8 feet of 2.27 g/t gold and 28.59 g/t silver

- Drill hole BC08-37 intersects 55.2 feet of 0.95 g/t gold and 45.62 g/t silver including:

-- 24.8 feet of 1.99 g/t gold and 47.98 g/t silver

- Sampling of historic adit excavated into the vein 10 feet from location of holes BC08-036 & 37 returns 83.1 feet of 1.25 g/t gold and 25.43 g/t silver

- Greater than 1 mile known strike length of vein system up to 150 feet wide, open in both directions and to depth

- Portion of vein 1,000 feet long and 750 feet deep was fully permitted for open pit mining operations in mid 1980s

- Excellent infrastructure with Arizona State Highway 93, parallel high tension powerlines within 1.6 km of deposit; water rights secured on the property

Bill Harris, CEO commented "The high grade interval encountered in drill hole BC08-30, along with previously released drill hole BC08-028 (2.6 feet of 38.50 g/t gold and 83.00 g/t silver, see April 22, 2008 press release), indicates the potential for portions of the Burro vein system to return bonanza grade gold values. Drill holes BC08-36 and 37 continue to confirm historical results along the same section as previously released results (BC08-23 and 24) from the 2008 drill program at Burro Creek. The continuity and consistency of gold/silver mineralization over good widths in the system has again been confirmed."



Burro Creek Drill Results Holes BC08-30 to 37 and Adit A1
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Length From To Interval Interval Au Au Ag Ag
Hole No. m m m m feet g/tonne oz/ton g/tonne oz/ton
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BC08-030 54.86 11.28 15.88 4.60 15.1 7.99 0.233 192.72 5.62
Includes 12.00 13.03 1.03 3.4 31.80 0.928 759.00 22.14
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BC08-031 36.57 0.00 9.96 9.96 32.7 1.58 0.046 46.61 1.359
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BC08-032 27.43 3.35 3.75 0.40 1.3 2.52 0.074 47.00 1.371
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BC08-033 41.15 3.29 4.97 1.68 5.5 0.62 0.018 50.50 1.470
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BC08-034 67.70 Abandoned before intersecting vein
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BC08-035 53.65 Abandoned before intersecting vein
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BC08-036 73.15 23.86 57.00 33.14 108.7 0.95 0.028 52.20 1.523
Includes 29.21 57.00 27.79 91.2 1.11 0.033 54.49 1.589
Includes 38.72 56.82 18.10 59.4 1.44 0.042 24.00 0.700
Includes 38.72 45.96 7.24 23.8 2.27 0.066 28.59 0.834
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BC08-037 44.20 13.86 30.69 16.83 55.2 0.95 0.028 45.62 1.330
Includes 23.14 30.69 7.55 24.8 1.99 0.058 47.98 1.399
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BC08-A1
(adit
channel
sample) 26.23 0.92 26.23 25.32 83.1 1.25 0.036 25.43 0.742
Includes 9.15 26.23 17.08 56.0 1.72 0.0501 37.70 1.099
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Drilling Status/Historical Adit Channel Sampling

Holes BC08-030 and 31 were drilled from the same pad, near the Burro Creek vein outcrop. BC08-030, a vertical hole intersected the vein from 15.1 to 58.4 feet (6.4 to 17.8 m). BC08-031 drilled at a 45 degree angle intersected vein material at 3.6 feet (1.1 m) and continued in the vein material until 33.3 feet (10.2 m). Results from the vein intersections are outlined in the table above, as well as in the plan map and section, as can be seen at www.northernfreegold.com.

Holes BC08-036 and BC08-037 were drilled from the same pad. BC08-036, a vertical hole, intersected the vein at 63.0 feet (19.2 m). BC08-037 drilled at a 45 degree angle intersected the vein at 44.3 feet (13.5 m). Holes BC08-036 & 037 are on the same section as BC 08-23 and 24 which returned 156.1 feet (47.6 m) of 0.85 g/t gold and 51.30 g/t silver and 117.1 feet (35.7 m) of 1.11 g/t gold and 30.25 g/t silver respectively (see press release dated March 26, 2008).

Holes BC08-32 and 33 were drilled from the same pad, also near the Burro Creek vein outcrop. The holes both intersected the vein within 9.8 feet (3.0 m).

Holes BC08-34 and 35 were step-out holes drilled down dip along section to test the extent of the vein. Both holes intersected a gouge/fault zone and were abandoned due to difficulty with drilling and did not intersect the vein.

Nine adits, totaling approximately 1,066 feet (325 m) were driven on the main exposure of the Burro Vein, all prior to 1913. In 2008, channel chip sampling was completed on the west face every 3 feet (0.9 m) over 112 feet (34.1 m) perpendicular to the vein within historical adits 1 and 3. In 1984, historical adit 1 was chip sampled every 5 feet from 0 to 30 feet returning 6.5 g/t gold (0.19 oz/ton) and 21.3 g/t silver (0.62 oz/ton) (see NI 43-101 report referenced below). Channel chip sampling of the historical adit 1 in 2008 (BC08-A1) 10 feet (3 m) up dip from Holes BC08-036 and BC08-037 returned 83.1 feet (25.32 m) of 1.25 g/t gold and 25.43 g/t silver.

The Burro Creek Property

The Burro Creek Property is located 1 mile (1.6 km) off State Highway 93 in Mohave County, Arizona, 65 miles (105 km) southeast of Kingman, Arizona, and 164 miles (265 km) southeast of Las Vegas, Nevada. The 3000 acre property consists of four patented mineral claims and 150 surrounding unpatented mineral claims.

The Property covers a low-sulphidation epithermal vein system that has been traced for over 1 mile (1.7 km) and exhibits widths of up to 150 feet (45 m). A NI 43-101 report dated July 17, 2007 entitled "Evaluation Report of the Burro Creek Project" has been completed by J. Pautler, P. Geo., an independent qualified person. Previous reverse circulation, diamond drilling and underground development conducted on the property focused on a 1,000 foot (300 m) strike length in the central block of the exposed vein system and outlined a historical gold and silver resource of 2.6 million tons with an average grade of 0.03 oz gold and 1.1 oz silver per ton. These historical results reported in the NI 43-101 report are considered by management to be reliable and relevant, though not conforming to current NI 43-101 standards.

The Property was fully permitted to commence production in the 1980s, but the production decision was deferred due to a decline in the gold price. At that time, the intent was to place the existing resource into production, and continue to expand the resource through exploration funded by the ensuing profits.

Quality Control and Assurance

The holes were drilled by a skid mounted diamond drill with NTW core size (5.6cm/2.2 inches in diameter). All core samples from diamond drilling are split and sent to ALS Chemex Laboratory in Reno for analysis. Blanks, commercial standards and duplicate core samples are included in each batch. All samples from the channel chip sampling were also sent to ALS Chemex Laboratory. 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. Silver is analysed by aqua regia digestion and Atomic Emission Spectrometry (AES). Other elements are analysed by 28 element ICP analysis after aqua regia digestion. Additional check analyses and assays will be carried out by EcoTech Laboratories in Kamloops. Intervals reported in this release do not necessarily represent true widths of mineralization.

The technical information disclosed in this release has been reviewed and approved by Susan P. Craig, P. Geo.

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 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.


To view a Drill Hole Plan Map - Burro Creek, please visit the link below:

http://media3.marketwire.com/docs/nfr520a.pdf


To view the Burro Creek Drill Section BB-BB', please visit the link below:

http://media3.marketwire.com/docs/nfr520b.pdf

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 Longhurst
    Investor Relations Manager
    (604) 893-8757 or Toll Free: 1-877-893-8757
    (604) 893-8758 (FAX)
    Website: www.northernfreegold.com