Northern Freegold Resources Ltd. (CVE:NFR) reports an updated NI 43-101 mineral resource estimate for the Nucleus deposit, Freegold Mountain project, Yukon.
The press release is quoted as saying:
The new estimate includes 16 step-out drill holes from the 2010 program, and incorporates gold, silver and copper values at the Nucleus Deposit. This reflects Management’s understanding that the Nucleus Deposit is part of a larger gold rich porphyry system extending to the east. Management is currently evaluating the 2010 drill results from the adjacent Revenue Zone and the Titan geophysical survey which encompassed the Nucleus and Revenue (figure 1: http://media3.marketwire.com/docs/6755001.pdf) to determine the context of the relationship to the larger porphyry system and expects to report on the significance of this relationship in the near future.