Sep. 22, 2011 11:39AM PSTCompany News
Northern Freegold Resources (CVE:NFR) announced results for the first nine drill holes completed on the Revenue Zone gold-rich porphyry system, Freegold mountain project, Yukon.
The press release is quoted as saying:
- Hole RVD11-019 – 304.8 metres averaging 0.47 g/t Au, 3.68 g/t Ag, 0.12% Cu and 0.02% Mo (0.95 g/t AuEq), including 121.7 metres averaging 0.93 g/t Au, 6.2 g/t Ag, 0.16% Cu and 0.03% Mo (1.64 g/t AuEq).
- Hole RVD11-022 – 157.5 metres averaging 0.31 g/t Au, 3.1 g/t Ag, 0.14% Cu and 0.01% Mo (0.73 g/t AuEq), including 44 metres of 0.42 g/t Au, 4.53 g/t Ag, 0.19% Cu and 0.01% Mo (0.99 g/t AuEq).
- The holes reported here include in-fill and step-out holes drilled within and around the currently defined Revenue Target Deposit. Mineralization extends the Target Deposit 200m eastward, 300m northward and an additional 200m depth.
- The deposit is open laterally and at depth. Two diamond drills continue to operate on the property