Northern Tiger Resources Inc.
TSX VENTURE : NTR

Northern Tiger Resources Inc.

November 07, 2011 06:30 ET

Northern Tiger Resources Reports Assay Results at Sonora Gulch Property, Yukon Drill Hole SG-11-58 Intercepts 0.45 g/t Gold and 3.0 g/t Silver Over 234.0 metres

EDMONTON, ALBERTA--(Marketwire - Nov. 7, 2011) - Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (TSX VENTURE:NTR) announces assay results for all nine holes (2,649 metres) drilled in 2011 at the Sonora Gulch Project in the central Yukon. The 2011 drill program focused on the Gold Vein Zone – a 1.4 kilometre long by 500 metre wide geochemical anomaly averaging 161 ppb gold-in-soils. Thick intercepts of gold bearing sulphide mineralization were intercepted in three drill holes and the mineralization remains open. Key results include:

  • SG-11-57 – 0.42 g/t gold and 3.8 g/t silver over 94.0 metres
  • SG-11-58 – 0.45 g/t gold and 3.0 g/t silver over 234.0 metres
  • SG-11-59 – 0.44 g/t gold and 2.6 g/t silver over 110.0 metres

"This was Northern Tiger's first significant drill test of the Gold Vein Zone and we intersected broad zones of mineralization in holes 57, 58 and 59," says Greg Hayes, President of Northern Tiger. "Thick sequences of disseminated mineralization from surface suggests that Sonora Gulch has bulk tonnage potential in addition to the high-grade vein and skarn type mineralization we encountered in previous drill programs."

Gold mineralization in Holes SG-11-57 and SG-11-58 is hosted by quartz-feldspar porphyry, and in in Hole SG-11-59 by metasedimentary rocks cut by quartz-feldspar porphyry dykes. The rock units exhibit argillic alteration and are strongly fractured to brecciated, contain 5% fine grained disseminated pyrite, and are cut by a stockwork of narrow quartz-carbonate-pyrite veinlets. The quartz-feldspar porphyry also contains narrow arsenic-lead-antimony sulphide veins. Most holes in the 2011 drill program were drilled at azimuths of 95° to 115° to test whether more subtle north-south structures provided important mineralization controls in addition to the much stronger northwest-trending structures previously recognized and generally targeted in prior drill programs. The thick zones of mineralization in Holes SG-11-57, 58 and 59 occur at the intersection of a north-trending magnetic low with the northwest-trending contact of the Dawson Range Batholith. The orientation of the mineralization cannot be determined at this time due its disseminated/stockwork nature at the intersection of two structures.

Significant intercepts include:


Hole #

Dip

Azimuth

Zone
Interval
(m)
Width
(m)
Gold
(g/t)
Silver
(g/t)
SG-11-57 -50° 115° Gold Vein 3.0 – 97.0 94.0 0.42 3.8
Including 3.0 – 57.0 54.0 0.56 6.0
165.0 – 181.0 16.0 0.75 2.6
221.0 – 223.0 2.0 1.21 119.0
SG-11-58 -50° 115° Gold Vein 3.0 – 237.0 234.0 0.45 3.0
Including 37.0 – 75.0 38.0 0.64 1.0
SG-11-59 -50° 115° Gold Vein 47.0 – 157.0 110.0 0.44 2.6
Including 49.0 – 79.0 30.0 0.61 5.8
3A-11-60 -50° 115° Gold Vein 207.0 – 209.0 2.0 1.70 26.2
SG-11-61 -60° 180° Gold Vein 61.0 – 67.0 6.0 0.56 0.8
177.0 – 185.0 8.0 1.24 19.6
SG-11-62 -50° 105° Gold Vein 144.0 – 146.0 2.0 0.54 5.5
222.0 – 224.0 2.0 0.54 31.1
SG-11-63 -65° 105° Gold Vein 206.0 – 208.0 2.0 0.43 27.5
298.0 – 299.0 1.0 0.86 19.86
SG-11-64 -50° 95° Gold Vein 163.0 – 165.0 2.0 1.1 7.8
SG-11-65 -65° 95° Gold Vein 5.0 – 7.0 2.0 0.58 24.6
11.0 – 13.0 2.0 0.80 5.0
233.0 – 235.0 2.0 0.59 31.3
Reported intersections are drilled thicknesses, as true widths have not yet been determined.

Maps showing the drill hole locations and intercepts will be posted on the Company's website at www.northern-tiger.com.

This News Release has been reviewed and approved by Dennis Ouellette, B.Sc., P.Geol., a Qualified Person as defined by NI 43-101. Drill core samples from Sonora Gulch were analyzed by ALS Chemex of North Vancouver, British Columbia, Canada using 50 gram fire assay and 48 element ICP analysis.

Northern Tiger Resources Inc. (TSX VENTURE:NTR) is a Canadian-based resource exploration company focused on gold and copper exploration in the Yukon. The company has a portfolio of gold and copper focused projects in the Yukon, including 3Ace (high-grade gold discovery made in 2010), Sprogge, Sonora Gulch and five properties prospective for Minto-style high-grade copper mineralization. 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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