Northern Tiger Resources Inc.
TSX VENTURE : NTR

Northern Tiger Resources Inc.

September 21, 2010 06:30 ET

Northern Tiger Resources Commences Drilling at 3Ace Project, Yukon

EDMONTON, ALBERTA--(Marketwire - Sept. 21, 2010) - Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (TSX VENTURE:NTR) is pleased to announce that diamond drilling has commenced on its 3Ace Project to follow up on a successful 2010 surface exploration program that discovered high-grade gold mineralization in four separate zones on the project (the Main, North, Green and Sleeping Giant Zones) and where soil and stream geochemistry indicate further potential for discovery (see news release dated September 2, 2010). 

"Results of our first surface exploration program on the property were impressive and management felt that an immediate drill program was warranted," says Greg Hayes, President of Northern Tiger. "It is very encouraging to see a project advance so quickly, and the results of this drill program will give us significant additional information to aid in planning what we anticipate will be a much larger program in 2011." 

The planned minimum 1,000 metre (6 hole) program will focus on two of the high-grade zones: 

  • Main Zone – Drilling has commenced on the Main Zone, where the high-grade Discovery Vein has been traced for 50+ metres along strike before disappearing into overburden, and where chip samples have assayed up to 1,013.54 g/t gold (29.56 ounces/ton) over 1.1 metre (see news release dated September 8, 2010).
  • Sleeping Giant Zone – The drill will then be moved to the Sleeping Giant Zone. The Sleeping Giant Zone has been traced along strike for 300 metres. It is composed of north trending massive quartz vein segments up to 25 metres in width. Initial assays from the Sleeping Giant Zone have ranged up to 44.2 g/t gold from a 1.1 metre chip sample and results of continuous chip sampling from the zone are still pending. 

Additional chip sample results from areas outside the Main and Sleeping Giant Zones are also 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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