🕐08.09.11 - 20:54 Uhr
NORTHERN TIGER RESOURCES SILT SURVEY IDENTIFIES NEW GOLD ANOMALIES AT 3ACE PROPERTY, YUKON
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Re: News Release - Thursday, September 08, 2011
Northern Tiger Resources Silt Survey Identifies New Gold
Anomalies at 3Ace Property, Yukon
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September 8, 2011: Northern Tiger Resources Inc.
("Northern Tiger" or
the "Company") (NTR: TSX-V) is pleased to announce that an extensive
silt survey program on its 3Ace and Sprogge projects has identified
multiple new prospective gold target areas.
A total of 12 new
drainages returned significantly anomalous gold in silt values in
excess of 35 ppb (90th percentile) up to 113 ppb.
"The Companys exploration effort to-date has focused on a relatively
small core area - covering only 2% of the 225 km2 land package," says
Greg Hayes, President of Northern Tiger.
"The strong results of this
silt survey demonstrate that the 3Ace/Sprogge properties are very
prospective for additional gold discoveries."
A total of 420 silt samples were collected over the 225 km2 3Ace and
Sprogge properties.
Twelve new drainages (outside of the core
mineralized zones already being explored by the Company) produced
significantly anomalous gold in silt results (>35 ppb or 90th
percentile of the Companys property dataset).
These samples also
exceed the 98th percentile (18 ppb) of samples taken in the Yusezyu
Formation by the Yukon Governments Selwyn Basin regional stream
sediment survey.
A map showing the silt anomalies will be posted on
the Companys website at www.northern-tiger.com.
Initial follow-up prospecting on four of these drainages has already
led to one new copper showing and two new quartz vein showings (one
bedrock and one in talus float).
The new quartz vein showings consist
of abundant quartz veining in quartz pebble conglomerate with
accompanying disseminated arsenopyrite - similar to mineralization
being explored in the Main and Green Zones.
Assay results from these
showings 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.
Silt
samples were analyzed by Inspectorate America Corporation of Richmond,
British Columbia, using a 30-gram fire assay, and a 50-element ICP with
aqua regia digestion analysis.
Northern Tiger Resources Inc.
(NTR: TSX-V) 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.
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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