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Northern Freegold is a Canadian-based precious metals exploration and development company driven by a team of seasoned mineral exploration industry professionals with a record of success in discovery, permitting and development.
The company is rapidly advancing the district-scale Freegold Mountain Gold and Copper Project in the Yukon Territory, Canada:
- includes the new NI43-101 Revenue deposit which contains at 0.5 g/t AuEq* cutoff:
| |
Gold (M oz) |
Silver (M oz) |
Copper (M lbs) |
Moly (M lbs) |
AuEq (M oz) |
| Indicated |
1.1 |
10.2 |
287 |
90 |
3.7(1) |
(1101 M t at 0.34 g/t Au, 3.14 g/t Ag, 0.13 % Cu and 0.04 % Mo)
*AuEq is calculated based upon prices of US$1,016/oz for gold, US$15.82/oz for silver, and US$2.95/lb for copper and US$15.82/lb for molybdenum, and assumes 100% metal recovery with no discount for metallurgical recovery in contained metal figures (Note: total contained AuEq metal values may not add exactly because of rounding).
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Includes the Nucleus deposit which contains at 0.4 g/t AuEq* cutoff
| |
Gold (M oz) |
Silver (M oz) |
Copper (M lbs) |
AuEq (M oz) |
| Indicated |
1.1 |
1.4 |
67.8 |
1.4(1) |
| Inferred |
0.6 |
1.3 |
62 |
0.9(2) |
(148.5 M t at 0.70 g/t Au, 0.90 g/t Ag and 0.06% Cu; 241.5 M t at 0.47 g/t Au, 0.98 g/t Ag and 0.07% Cu;
* AuEq calculated based upon prices of US$846/oz for Au, US$14.40/oz for Ag and US$3.31/lb for Cu).
- Both deposits are open laterally and to depth
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Nucleus Deposit and Revenue target deposit are part of large scale gold rich porphyry system
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Titan geophysical survey covering 30 sq km area including Nucleus deposit and Revenue Zone shows large significant chargeability anomaly
-
200 square kilometer project with >20 mineralized zones
-
Road accessible, mining friendly jurisdiction within emerging prolific gold and copper belt
Northern Freegold also owns the Burro Creek Gold-Silver Project in Arizona, USA.
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Indicated resource of 2.3 M t grading 1.01 g/t Au and 36.77 g/t Ag (yielding 122,491 ounces at 1.63 g/t AuEq)
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Inferred resource of 2.2 M t grading 0.60 g/t Au and 30.95 g/t Ag (yielding 81,304 ounces at 1.13 g/t Au Eq)
- Low-sulphidation epithermal vein system traced for over 1.7 km
We invite investors to join us as we continue to apply our technical knowledge and extensive local expertise to the development of economic mineral resources
Jan 18, 2012
German News Releases
Northern Freegold gibt erste Ressource der Revenue...
more... | | Jan 18, 2012
News Releases
Northern Freegold Announces First Resource at Reve...
more... | | Jan 11, 2012
German News Releases
Northern Freegold gibt Überblick des 2011 Explorat...
more... | |
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