 |
| |
Property Summary
Northern Freegold recently acquired the Burro Creek Gold/Silver Property located in Mohave County, Arizona, U.S.A. The deposit model for the property is the bulk mineable and bonanza type low sulphidation epithermal gold-silver model. Examples include the El Penon Mine of Meridian Minerals in Chile (9.3 million tons grading 6.6 g/t (.21 oz/ton) gold, www.meridiangold.com) and the Midas Mine of Newmont in Nevada (2.7 million tons grading 34.7 g/t (1.11 oz/ton) gold reported by Casteel et al, GSN sp. pub. No.29, 1999.)
- Historical resource previously permitted for production
(2.6 million tons grading 0.03 oz/t gold and 1.1 oz/t silver)*
- Excellent potential to expand resource
- Infrastructure (highway, water and power) within 2 km (1.2 mi)
- $1 million drill program (winter 07/08)
The Burro Creek Property is located 1.6 km off State Highway 93 in Mohave County, Arizona, 105 km southeast of Kingman, Arizona, and 265 km southeast of Las Vegas, Nevada. The 2000 acre property consists of four patented mineral claims and 100 surrounding located mineral claims, 50 of which were recently staked by NFR to cover strike extensions of the known vein system.
Previous reverse circulation, diamond drilling and underground development conducted on the property focused on a 300 metre strike length in the central block of the exposed vein system and outlined a historical gold and silver resource* of 2.6 million tons with an average grade of 0.03 oz gold and 1.1 oz silver per ton.
This historical resource estimate was completed in 1988 by K. Hanna, a Professional Engineer. Within this historical drill-proven resource, an open pittable resource of 1.2 million tons grading 0.04 oz gold and 1.470 oz silver per ton respectively with a 1:1 stripping ratio was defined in a historical independent positive feasibility study by A.J. Suchar in 1988, an independent Professional Engineer.
There is excellent potential to expand the resource as well as to discover additional deposits within the vein system. The property was fully permitted for production in the mid 1980s, yet did not go into production due to declining metal prices. Infrastructure (highway and power) are within 2km, and the agreement also includes the water rights on the property. High grade zones also occur within the Burro Mine showing which require an evaluation for underground mining potential which could add additional resources.( Jean Pautler, P.Geo, N43-101, March 2007)
*These historical results reported in the NI 43-101 report are considered by management to be reliable and relevant, though not conforming to current NI 43-101 standards
District Location Map
Drill Plan Maps
Click to enlarge
Click to enlarge
News & Results
|
January 21, 2008
Northern Freegold Commences 3,000 m drill program at Burro Creek Gold/Silver Property, Arizona
Vancouver, BC. January 21, 2008. Northern Freegold Resources Ltd. (NFR: TSX-V) is pleased to announce a +$1 million exploration program has commenced at the Burro Creek Gold/Silver Property located in Mohave County, Arizona, U.S.A. The main focus of the program will be drilling to confirm and update historical results on an open pit type epithermal gold/silver mineralized zone on the property and to drill test areas on the property with potential to discover additional mineralization along ... (5 KB) |
|
October 11, 2007
Northern Freegold Receives Approval for Acquisition of Burro Creek Gold/Silver Property, Arizona
Vancouver, BC: October 11, 2007. Further to the press release dated May 10, 2007, Northern Freegold Resources Ltd. (NFR: TSX-V) is pleased to announce it has received final acceptance from the TSXVenture Exchange to acquire a 100% interest in the Burro Creek Gold/Silver Property located in Mohave County, Arizona, U.S.A. from a private vendor. A NI 43-101 report commissioned by NFR, documents an open pit type epithermal gold/silver mineralized zone on the property with potential to expand ... (6 KB) |
Photo Gallery
|
Burro Creek
399 KB, approx. 1 minute, 15 seconds at 56.6Kbps |
|
|
|
|
|
|
|
| | |
)
)
)
)