Developing Resources | Building Reserves

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  • Project Summary
  • Resource Development
    • Nucleus Deposit - FMP
    • Revenue Deposit - FMP
    • Tinta Hill Deposit - FMP
    • Burro Creek Deposit - Arizona
  • Exploration Projects
    • Stoddart Zone - FMP
    • Ridge - FMP
    • Goldy Zone - FMP
    • Dart Zone - FMP
    • Tad/Toro - Yukon
  • Pipeline Projects
    • Discovery - FMP
    • Nitro - FMP
    • Com - FMP
    • Castle - FMP
    • Severance - Yukon
  • Technical Documents
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Goldy Zone - FMP

2007 Property Summary

Northern Freegold Resources announced a new discovery at the Goldy Zone, located 6 km (3.7 miles) from the Tinta Zone, in the eastern portion of the district scale Freegold Mountain Project, Yukon. The 2007 program consisted of ground geophysics, trenching, and drilling of five diamond drill holes (696 m, 2,283 feet) based upon historical gold-in-soil anomalies, past trenching, and a shallow drill program. The first drilling in 19 years at the Goldy Zone has discovered this important new target. Following up on hole GY07-16 to determine the significance of this mineralization will be part of the 2008 program and will enable NFR to fulfill our purpose of developing resources and building reserves in multiple deposits within the district-scale Freegold Mountain Project Area.

The Goldy Zone occurs at the northwest-trending contact between the Jurassic Big Creek syenite and Paleozoic gneisses of the Yukon-Tanana terrane. A body of altered and silicified quartz-feldspar porphyry intrudes the contact, which is also locally characterized by clay alteration and faulting. Gold mineralization is documented in altered QFP as well as in highly silicified zones of very fine grained "blue quartz" containing very fine grained disseminated sulphides, and associated quartz-sulphide veining. Chalcedonic quartz and barite in quartz veins are other epithermal features noted in the outcrop and in the core.

The 2007 drilling campaign was aimed at extending the known distribution of the QFP and its associated mineralized wall rock. The planned drill holes and prospecting were successful in extending the known extent of the QFP both at depth and along strike. Drill holes GY07-15 and GY07-19 were drilled 120 m and 70 m respectively to the south of GY07-16 and GY07-18.

Hole 07GY-16 extended the known distribution of the QFP body to the northwest. The hole is characterized by widespread greenish mica-clay alteration, disseminated sulphides and significant but discontinuous clayey crush zones. A section of alternating altered porphyry and syenite/hornblendite containing abundant quartz-sulphide veinlets and abundant (2-10%) fine grained pyrite and arsenopyrite needles replacing the mafic minerals graded 8.03g/t gold over 19.05m, including an interval grading 15.45g/t over 9.3m.


Drill Results

Hole No.

Length

From

To

Thickness

Thickness

Au

Au

 

m

m

M

m

feet

g/tonne

oz/ton

GY07-15

124.95

11.90

20.65

8.75

28.70

0.50

0.02

  Includes

 

16.80

20.65

3.85

12.63

0.83

0.03

And

 

52.85

59.90

7.05

23.12

2.91

0.09

  Includes

 

52.85

53.80

0.95

3.12

10.30

0.33

GY07-16

169.15

13.80

19.60

5.80

19.02

0.64

0.02

And

 

100.85

153.00

53.75

176.30

3.60

0.12

  Includes

 

100.85

119.90

19.05

62.48

8.03

0.26

  Includes

 

103.00

112.30

9.30

30.50

15.45

0.50

  Includes

 

132.00

153.00

21.00

68.88

1.58

0.05

  Includes

 

140.50

143.80

3.80

12.46

4.90

0.16

  Includes

 

149.45

153.00

3.55

11.64

3.65

0.12

GY07-17  abandoned at 48 m due to poor ground conditions

GY07-18

142.6

64.00

67.45

3.45

11.32

1.35

0.04

And

 

99.53

102.00

2.47

8.10

1.64

0.05

GY07-19  no significant results

Photo Gallery

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Goldy Core
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Goldy Core
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Goldy Core
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Sample from Goldy Zone
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Relocating Historic Drill Sites at Goldy Zone
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Director Bill Harris and CFO Glen Diduck at Goldy Zone
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:Show image 'Historical Core (1988) from Goldy Zone' in New Window:
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Historical Core (1988) from Goldy Zone
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