Northern Tiger Resources Inc.
TSX VENTURE : NTR

Northern Tiger Resources Inc.

September 08, 2010 06:30 ET

Northern Tiger Resources Announces 3Ace Drill Program to Test Bonanza Grade Gold Showings

Chip samples assay up to 29.56 ounces/ton over 1.1 metres

EDMONTON, ALBERTA--(Marketwire - Sept. 8, 2010) - Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (TSX VENTURE:NTR) is pleased to announce that a chip sampling program on the 3Ace Property in the southeast Yukon continues to demonstrate the high-grade nature of the gold mineralization in the "Main Zone". Given these bonanza grade results over measured widths in outcrop, coupled with new geological and structural interpretations, the Company is planning a minimum six hole (1,000 metre) diamond drilling program to follow-up on a 2010 surface exploration program. High-grade gold mineralization has been identified in three other separate zones (Sleeping Giant, Green Zone and North Zone) on the property in addition to the Main Zone (see news release dated September 2, 2010).

"The discovery of additional gold-bearing quartz veins on the property coupled with the high grade gold assays further confirm the presence of what we believe is an extensive gold bearing quartz vein-shear zone system at 3Ace that warrants immediate drill testing," says Greg Hayes, President of Northern Tiger. "To date gold mineralization has been identified in a 2 km by 2 km area at 3Ace and is open for expansion in all directions."

A total of 15 chip samples were collected from the Discovery Vein in the Main Zone. The samples were collected across the strike of the outcropping vein and all exposures for approximately 50+ metres along strike before disappearing under overburden. A sample location map showing the chip sample and other rock sample locations in the Main Zone is available at www.northern-tiger.com. Northern Tiger's geologists have taken care to collect unbiased representative samples but in light of the very high gold grades and the frequency of coarse visible gold at the Discovery Vein investors are cautioned that samples containing coarse native gold should be considered to have an inherent "nugget effect".

MAIN ZONE – Discovery Vein  
Sample Chip Length (m)   Gold Assay (grams/ton)   Gold Assay (ounces/ton)  
RI480013 1.10   1,013.54   29.56  
RI480007 0.45   846.39   24.69  
RI481520 1.00   181.06   5.28  
RI480015 1.20   179.21   5.23  
RI480011 0.90   156.58   4.57  
RI481518 1.10   99.11   2.89  
RI480014 1.00   91.69   2.67  
RI480009 0.65   86.03   2.51  
RI481521 0.45   39.53   1.15  
RI480004 0.90   30.20   0.88  
RI480131 0.60   26.18   0.76  
RI481523 0.30   22.97   0.67  
RI481522 0.50   22.02   0.64  
RI481519 1.50   9.59   0.28  
RI481517 1.30   0.36   0.01  

In addition to the quartz vein samples a total of five chip samples were collected from wallrock adjacent to the Discovery Vein. These returned gold assays from 0.24 g/t to 2.44 g/t (over widths from 0.20 metres to 1.40 metres) indicating potential for a halo of lower gold grades in wallrock immediately adjacent to the vein. 

Additional chip sample results from areas outside the Main Zone are pending.

This News Release has been reviewed and approved by Dennis Ouellette, B.Sc., P.Geol., a Qualified Person as defined by NI 43-101. All samples were analyzed by Inspectorate America Corporation of Richmond, British Columbia using 50 gram fire assay and 50-element, 4-acid ICP analysis. Samples returning in excess of 30 g/t gold are also sent for metallic screen fire assay testing. 

Northern Tiger Resources Inc. is a Canadian-based resource exploration company focused on gold and copper exploration in the 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.

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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