EDMONTON, ALBERTA -- (Marketwire - Dec. 20, 2011) -
Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (TSX VENTURE: NTR) is pleased to announce that assays have been received for an additional twelve diamond drill holes from the 3Ace Property in the southeast Yukon. Assays have now been reported for 20 of the 29 holes completed to depth in the 2011 drill campaign. Assays are pending for five additional Main Zone holes and for two scout holes at each of the North Zone and the road showing prospects.
Key results from the twelve holes being reported include:
- 3A-11-18 - 1.25 g/t gold over 30.5 metres, including 3.11 g/t gold over 6.8 metres
- 3A-11-28 - 1.15 g/t over 23.0 metres, including 6.45 g/t over 1.0 metre
- 3A-11-32 - 3.15 g/t over 27.9 metres, including 45.22 g/t over 1.3 metres
"Drilling continues to demonstrate the continuity of the Main Zone," says Greg Hayes, President of Northern Tiger. "We have also observed visible gold in six of the seventeen Main Zone holes reported so far this year - an encouraging indicator of the strength of the mineralizing system at 3Ace."
Main Zone Holes 3A-11-18, 28 and 32 are step-back holes, and all three holes intercepted significant gold mineralization and continue to demonstrate the down-dip continuity of the Main Zone. Hole 3A-11-20a is an in-fill hole that also intersected the mineralized zone. Hole 3A-11-21 was drilled roughly parallel to the strike of the mineralized structure, primarily to obtain additional information on the geometry of the Main Zone stratigraphy. Hole 3A-11-24a, a 50 metre step out to the south of Hole 3A-10-02, did not intercept any significant mineralization, and the Main Zone is interpreted to be either off-set or terminated by a fault at this location. The Main Zone continues to be open along strike to the north and down-dip.
Six scout holes from three separate set-ups tested a small portion of the Green Zone West geochemical anomaly. All six holes intercepted narrow zones of relatively low-grade gold mineralization. The Green Zone West mineralization intercepted in these initial drill holes does not adequately explain the scale and tenor of the soil anomaly and further drill testing is warranted.
Maps showing drill hole locations and intercepts will be posted on the Company's website at www.northern-tiger.com.
Significant intercepts include:
Hole # Dip Azimuth Zone Interval (m) Width (m) Gold (g/t)
3A-11-18 -60° 270° Main 97.8 - 99.0 1.2 7.50
108.0 - 109.6 1.6 3.64
145.0 - 175.5 30.5 1.25
Including 168.7 - 175.5 6.8 3.11
279.0 - 281.0 2.0 1.87
3A-11-20a -60° 270° Main 99.0 - 115.3 16.3 0.52
136.2 - 138.0 1.8 0.65
3A-11-21 -60° 190° Main 70.0 - 72.0 2.0 0.58
92.7 - 94.7 2.0 1.09
119.2 - 125.0 5.8 0.68
182.5 - 183.5 1.0 0.68
3A-11-24a -65° 270° Main No significant intercepts
3A-11-28 -60° 270° Main 48.4 - 50.5 2.1 0.59
89.0 - 112.0 23.0 1.15
Including 101.0 - 102.0 1.0 6.45
Including 107.4 - 108.5 1.0 4.87
130.0 - 132.0 2.0 2.16
147.3 - 149.0 1.7 2.70
222.0 - 226.9 4.9 0.78
3A-11-32 -60° 270° Main 87.1 - 115.0 27.9 3.15
Including 100.1 - 101.4 1.3 45.22
Including 110.0 - 111.0 1.0 12.76
123.0 - 128.4 5.4 0.57
189.0 - 191.5 2.5 0.63
238.0 - 239.0 1.0 2.05
3A-11-22 -60° 245° Green 48.6 - 50.6 2.0 0.72
3A-11-23 -75° 245° Green 155.2 - 157.9 2.7 3.00
3A-11-25 -85° 245° Green 147.2 - 150.0 2.8 0.83
3A-11-26 -60° 160° Green 13.5 - 15.0 1.5 0.81
3A-11-27 -75° 160° Green 296.2 - 301.3 5.1 0.62
3A-11-30 -75° 160° Green 97.0 - 98.3 1.3 0.64
360.0 - 361.0 1.0 0.61
Notes: Holes 3A-11-20 and 3A-11-24 were lost due to difficult ground condition. The holes were steepened and re-drilled as 3A-11-20a and 3A-11-24a. Hole 3A-11-29 was lost due to difficult ground conditions and was not re-drilled.
Reported intersections are drilled thicknesses, as true widths have not yet been determined.
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 rock and drill core samples were analyzed by Inspectorate America Corporation of Richmond, British Columbia using 50 gram fire assay and 50-element, 4-acid ICP analysis. Soil and silt samples were also analyzed by Inspectorate, using 30-gram fire assay analysis. When visible gold is noted in drill core samples or regular fire assay values appear abnormally high, the pulp and metallic screen assay method is used to determine the total gold content and gold contents of different size fractions. This is considered industry best practice when dealing with coarse gold mineralization where a nugget effect is suspected. This determination is accepted as the most representative value and is used in the assay database.
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.
Contact Information
Northern Tiger Resources Inc.
Greg Hayes, President and CEO
Toll-Free: 1-866-266-6569
info@northern-tiger.com
www.northern-tiger.com
