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Message: The Proof’s In The Porphyry

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The Proof’s In The Porphyry

posted on Feb 13, 12 05:12PM

The Proof’s In The Porphyry
Northern Freegold Drills Yukon Gold, Silver, Copper, Moly
By Greg Klein


Northern Freegold’s TSXV:NFR January 18 inferred resource estimate was, as President/CEO/Director John Burges says, another milestone in its rapidly advancing Freegold Mountain Project in central Yukon. The Revenue Deposit’s initial 43-101 came in addition to the adjacent Nucleus Deposit’s existing resource of 1.39 million gold-equivalent ounces indicated and 898,000 gold-equivalent ounces inferred.

The boost of 3.66 million gold-equivalent ounces prompted analysts Michael Fowler and Leonie Soltay of Loewen Ondaatje McCutcheon to rate Northern Freegold a speculative buy with a target of $1.44—a steep hike from its January 18 high of
.30.

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