Northern Freegold Resources Ltd. (TSXV:NFR,OTCBB:NFRGF,FWB:8NG) announced results from a 44 line km (~13 km2 area) Titan-24 DC-IP survey completed over the Stoddart Cu-Ag-Au-Mo Porphyry target, Carmacks, Yukon.
As quoted in the press release:
The Titan survey was completed to follow-up on significant Cu-Ag-Au-Mo mineralization intersected during drilling of the Stoddart Zone in 2007 and 2008.
- Titan Survey identifies 12 First Priority Targets (medium to high chargeability with medium to low resistivity) within 5 Main Target Zones; includes an additional 25 Second Priority Targets
- The Stoddart Zone porphyry mineralization may be part of a much larger porphyry system identified in the Nucleus and Revenue Zones, which extends in an east-west direction for more than 6 km, and may extend that porphyry system an additional 3 km along strike
- Anomalies were identified over a strike length of 2.5km, widths of 2.5km and vertical extents in excess of 500m
- One of the 12 First Priority Targets corresponds to the 2007-2008 diamond drilling completed in the Stoddart Zone. This drilling intersected significant Cu-Ag-Au-Mo mineralization (table of selected intervals below). However, drilling only tested to a vertical depth of 250m which did not fully test the Titan anomaly in this area.
- 10 of the 12 First Priority Targets have not been drilled and indicate the potential for extensive mineralization within the Stoddart Zone
- Based on the Titan-24 results and the previous drilling the Stoddart Mineralization is open laterally and at depth