The Conversation (0)
Northern Freegold Resources Ltd. (TSXV:NFR,OTCQX:NFRGF,FWB:8N6) reported that the 2012 exploration program is now underway on the road-accessible Freegold Mountain Project, located 70 km west of Carmacks, Yukon within the Dawson Range, with a diamond drill on site at the Nucleus Zone where drilling commenced last week.
Northern Freegold Resources Ltd. (TSXV:NFR,OTCQX:NFRGF,FWB:8N6) reported that the 2012 exploration program is now underway on the road-accessible Freegold Mountain Project, located 70 km west of Carmacks, Yukon within the Dawson Range, with a diamond drill on site at the Nucleus Zone where drilling commenced last week.
As quoted in the press release:
It is believed that the Nucleus Deposit, the Revenue Deposit and the Stoddart Zone are all part of a large scale gold-rich porphyry system, which extends in an east-west direction for more than eight kilometres. The system shows the same geological characteristics to other porphyry deposits in the region, including the Casino Porphyry Project located ~90 km to the northwest, which hosts multi-million ounce gold resources and reserves with multi-billion pound copper resources and reserves. The parties caution that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Freegold Mountain property.
Click here to read the Northern Freegold Resources (TSXV:NFR) press release
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