🕐01.03.11 - 12:54 Uhr
Northern Tiger Resources NI 43-101 Technical Report on Sonora Gulch Property, Yu
kon Recommends 16,400 Meter Drill Program
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News Release - Tuesday, March 01, 2011
Northern Tiger Resources NI 43-101 Technical Report on Sonora
Gulch Property, Yukon Recommends 16,400 Meter Drill Program
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March 1, 2011: Northern Tiger Resources Inc.
("Northern Tiger" or the
"Company") (NTR: TSX-V) is pleased to announce receipt of a National
Instrument 43-101 compliant Technical Report on its Sonora Gulch
Property in the central Yukon, Canada.
The report is authored by
Robert Page, Ph.D., P.Geo.
of Watts, Griffis and McOuat Limited (WGM)
who reviewed our data and provided a report on progress at Sonora Gulch
since Northern Tiger acquired the project in 2008.
The report
recommends a drill program of 16,400 metres to test targets for both
structurally or lithologically controlled gold-silver mineralization
and for bulk tonnage porphyry mineralization.
The report will be
posted on www.sedar.com and on the Companys website at
www.northern-tiger.com.
"WGMs recommendations support our belief that significant exploration
potential remains at Sonora Gulch," says Greg Hayes, President of
Northern Tiger.
"Our work to date has outlined an extensive
mineralized system at Sonora Gulch and demonstrated that ore grade
gold-silver mineralization is deposited in favourable environments.
We
continue to believe that Sonora Gulch is a compelling exploration
property located in a sought-after jurisdiction, and will be initiating
discussions with potential strategic partners with the appropriate
capital and technical expertise to aggressively advance the project."
WGM concludes that Sonora Gulch remains underexplored considering the
scale of the mineralized system and its location in a prospective gold
belt.
Potential for discovery of structurally or lithologically
controlled gold-silver mineralization is considered highest.
In
addition, there is also potential for discovery of bulk tonnage
porphyry mineralization.
The recommended drill program totals 16,400
metres, and is designed to test both types of targets.
This News Release has been reviewed and approved by Robert Page, Ph.D.,
P.Geo., Senior Associate Geologist of Watts, Griffis and McOuat
Limited.
Robert Page is a Qualified Person under the definitions of NI
43-101 and is independent of Northern Tiger.
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.
For further information please contact:
Greg Hayes, President and CEO
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 Companys 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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Copyright (c) 2011 NORTHERN TIGER RESOURCES (NTR) All rights reserved.
For more information visit our website at
http://www.northern-tiger.com/ or send mailto:
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