Northern Freegold Resources Ltd.

Northern Freegold Resources Ltd.

November 23, 2007 12:48 ET

Northern Freegold Resources Ltd.: Investor Relations Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 23, 2007) - Northern Freegold Resources (TSX VENTURE:NFR) is pleased to announce that the Company has expanded its contract with Bernie Kennedy, Partner in BMK Communications Inc., and has also retained the services of Renmark Financial Communications Inc. Both agreements are subject to regulatory approval.

BMK provides Corporate Communications services to public companies in North America and specializes in development and management of customized marketing programs. Principals, Lisa May and Bernie Kennedy, bring over 20 years marketing and investor relations experience to Northern Freegold with the goal of raising market awareness and providing a conduit between management and its shareholder base.

The revised agreement with BMK includes the full time placement of Sarah Longhurst in the head office of Northern Freegold and has an initial six month term.

BMK will be paid a monthly retainer of $7,500. The agreement with BMK is subject to regulatory approval and all terms will be subject to and in accordance with the rules and regulations of the TSX Venture Exchange.

In support of the Corporate Communications program, Northern Freegold has retained the services of Renmark Financial Communications Inc. Renmark's strong North American wide retail brokerage connections allow Northern Freegold to expand its investor relations and corporate communications in Central and Eastern Canada.

"Renmark will add value to Northern Freegold by increasing the investment community's awareness of the Company and its operations," noted Bill Harris, President and Chief Executive Officer of Northern Freegold. "We look forward to working with the professionals at Renmark as they introduce a wider audience to this investment opportunity."

The agreement with Renmark, commencing November 1st, 2007, is structured as a 12 month contract with a six month initial term. In consideration for their services, Renmark will be paid $6,000 per month.

About Northern Freegold

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.

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 statement.

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.
    Bernie Kennedy
    Investor Relations Manager