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2007 Property Summary
Northern Freegold Resources announced a new discovery in 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 the drilling of 5 diamond drill holes (696 m, 2,283 feet) based upon historical gold-in-soil anomalies, 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 outcrop and in 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 |
News & Results
|
June 18, 2009
Northern Freegold Commences 12,000 m Diamond Drill Program at Nucleus Zone at Freegold Mountain Project, Yukon
Vancouver, BC: June 18, 2009. Northern Freegold Resources Ltd. (NFR: TSX-V) is pleased to announce drilling commenced May 31, 2009 at the Nucleus Zone on the district scale 166 sq km Freegold Mountain Project in the Yukon Territory. A second drill rig was added on June 14, 2009. A minimum of 12,000 metres of diamond drilling is planned for 2009. Since 2006 NFR has drilled 106 holes, totaling 24,416 m on the Nucleus Zone and at the time of this release, 7 drill holes totaling 1,380 m h... (11 KB) |
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