Northern Freegold Resources Ltd. (CVE:NFR) reports that a NI 43-101 indicated and inferred resource estimated has been prepared for the epithermal gold-silver Burro Creek deposit, Arizona, U.S.A.
The press release is quoted as saying:
The 2010 Mineral Resource Estimate is based on 96 drill holes and more than 2,600 assay values. Assay values used in the resource estimate were verified against assays on drill logs and assay certificates. Drill hole collar locations and down-hole surveys were checked and verified. The mineral resource was estimated using 1.50 metre composites of the assay values, with “zero” grade inserted into intervals that were not sampled.
Northern Freegold’s President & CEO, Susan Craig says:
“The 43-101 resource Calculation at Burro falls in line with Northern Freegold’s stated mission of developing resources and building reserves. Management can now more ably determine the future direction of exploration, development or disposition of this growing resource.”