http://www.northern-tiger.com/s/NewsReleases.asp?ReportID=502131&_Type=News-Releases&_Title=Northern-Tiger-Resources-Reports-Final-2011-Drill-Results-at-3Ace-Property-...
January 17, 2012: Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (NTR: TSX-V) is pleased to announce that assays have been received for the final nine diamond drill holes from the 2011 drilling campaign at the 3Ace Property in the southeast Yukon. The current results extend the Main Zone an additional 50 metres along strike to the North and continue to demonstrate the zone's strong down-dip continuity. Key results from the nine holes being reported include:
- 3A-11-19 - 1.18 g/t gold over 31.7 metres
- 3A-11-33 - 2.58 g/t gold over 53.0 metres, including 17.72 g/t over 2.0 metres
- 3A-11-34 - 4.37 g/t over 10.0 metres and 70.11 g/t over 1.1 metres
"The strong results from the first major drill program have confirmed 3Ace as one of the Yukon's significant new gold discoveries," says Greg Hayes, President of Northern Tiger. "We are eagerly anticipating the upcoming 2012 exploration season to both expand the Main Zone mineralization, and to further evaluate the kilometres of gold-in-soil anomalies that remain to be drill tested."
Main Zone Hole 3A-11-35 was a 50 metre step out to the north of Hole 3A-11-14, and also intersected two zones of significant gold mineralization (Hole 3A-11-14 returned assays of 4.95 g/t gold over 7.2 metres and 0.59 g/t gold over 27.0 metres - see news release dated September 26, 2011). Holes 3A-11-19, 31, and 33, were steeper holes drilled from existing pads and Hole 3A-11-34 was a 25 meter step-back hole. All four of these holes intercepted significant gold mineralization and continue to demonstrate the down-dip continuity of the Main Zone. The drilled strike length of the Main Zone is now 220 metres, and it remains open along strike to the north and down-dip.
Two scout holes from a single set up were drilled in the North Zone. Visible gold was observed in Hole 3ANZ-11-01; however, the drill core split sample sent to the lab assayed only 0.4 g/t gold. No significant assays were returned from the second North Zone hole. Two scout holes were also drilled from a single set-up at the Road Showing, intersecting a number of narrow zones of relatively low-grade gold mineralization.
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