September 26, 2011 06:30 ET
Northern Tiger Resources Reports Assay Results at 3Ace Property, Yukon Intersects 3.75 g/t over 13.2 metres and 13.81 g/t over 2.4 metres
http://www.marketwire.com/press-release/northern-tiger-resources-reports-assay-results-3ace-property-yukon-intersects-375-g-tsx-venture-ntr-1565067.htm
EDMONTON, ALBERTA--(Marketwire - Sept. 26, 2011) - Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (TSX VENTURE:NTR) is pleased to announce that assays have now been received for four diamond drill holes at the 3Ace Property in the southeast Yukon. Assays are pending for an additional 18 holes and two drills are still turning on the property. These initial assay results confirm that the high-grade Main Zone continues to depth and has a minimum strike length of 160 metres. It is open along strike in both directions and down dip.
"This is the first significant drill program at 3Ace, and we are very pleased with the continuity of the Main Zone observed to-date," says Greg Hayes, President of Northern Tiger. "A strong nugget effect is inherent in high grade vein systems, so assay grades are expected to be highly variable. In this type of system, it is very encouraging to see the zone has continuity and to have consistently hit gold mineralization. Work to-date has reinforced management's belief that 3Ace represents a significant new gold system with potential to host multiple deposits."
Significant intercepts from the first four holes include:
(click on news release link for drill results. looks really ugly when i copy paste here)
Note: Hole 3A-10-10 was lost due to difficult ground conditions at 40 metres depth. The hole was steepened to -60°and re-drilled as 3A-11-10a. Reported intersections are drilled thicknesses, as true widths have not yet been determined.
Hole 3A-11-10a is a 38 metre step-back from previously reported 3A-10-02 (dip = -55°; azimuth = 270°) which assayed 14.8 g/t gold over 10.9 metres, starting at 24.6 metres (see news release dated November 4, 2010). The gold intercept in Hole 3A-11-10a is part of a larger 29.4 metre zone of arsenopyrite mineralization (weighted average of 1,526 ppm arsenic).
Hole 3A-11-11 is a 28 metre step-back from previously reported 3A-10-01 (dip = -55°; azimuth = 270°) which assayed 4.3 g/t gold over 30.3 metres, starting at 49.1 metres (see news release dated November 4, 2010). Visible gold was observed in Hole 3A-11-11 at 82 metres depth (assaying 10.5 g/t over 2.4 metres). Visible gold was also observed at a depth of 128 metres, but sampling did not produce a significant gold assay.
Hole 3A-11-12 is a 25 metre step-out to the north of Hole 3A-10-01. Although the mineralized zone is relatively narrow in this hole, visual indications of mineralization from hole 3A-11-15a (a 31 metre step-back from 3A-11-12) suggest the mineralized zone expands at depth. Assays are pending for 3A-11-15a.
Hole 3A-11-14 is collared 75 metres north of Hole 3A-11-12 and is the most northerly hole drilled in the Main Zone - 160 metres north of the discovery outcrop. The drilling intersected three distinct zones of gold mineralization.
Maps showing the drill hole locations and intercepts will be posted on the Company's website at www.northern-tiger.com.
