Northern Tiger Resources Announces 3,000 Metre Drill Program at 3Ace, Yukon
May 24, 2012: Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (NTR: TSX-V) is pleased to announce that a field crew has been mobilized to its 3Ace Project in the southeast Yukon where 2011 drilling returned results up to 4.6 g/t gold over 35.0 metres, including 106.2 g/t gold over 1.0 metre (see news release dated October 25, 2011). The 2012 exploration program will include 3,000 metres of diamond drilling, as well as additional surface exploration, including trenching, sampling prospecting and mapping.
"We are pleased to be heading back into the field to follow up on our successful 2011 exploration results," says Greg Hayes, President of Northern Tiger. "The 2012 drilling program is designed to both expand the Main Zone mineralization and to further evaluate the kilometres of gold-in-soil anomalies that remain to be drill tested."
The drilling will commence in early June, and will initially focus on expanding the Main Zone along strike and down-dip. Gold mineralization at the Main Zone currently has a drilled strike length of 220 metres, and is related to a steeply dipping shear zone which hosts an en echelon array of vein segments that are linked by stockwork veins and breccias. The drill will then shift focus to testing a number of new gold targets on both 3Ace (extensive gold-in-soil anomalies over an area of 9 km2) and the adjacent Sprogge property (hosting a 3 km trend of mineralized occurrences and extensive hydrothermal alteration).
This News Release has been reviewed and approved by Dennis Ouellette, B.Sc., P.Geol., a Qualified Person as defined by NI 43-101.
Northern Tiger Resources Inc. (NTR: TSX-V) is a Canadian-based resource exploration company focused on gold and copper exploration in the Yukon, where it has a strong portfolio of projects. Drilling in 2011 confirmed a new high-grade gold discovery at the Company's flagship 3Ace Project, including an intercept of 4.6 g/t gold over 35.0 metres, including 106.2 g/t gold over 1.0 metre. A large porphyry system being explored at the Company's Sonora Gulch Project also returned significant drill results in 2011, including 0.45 g/t gold and 3.0 g/t silver over 234.0 metres.
For further information please contact:
Greg Hayes, President and CEO
Northern Tiger Press Release continues at the link below.
Disclosure: Northern Tiger Resources is a Vulture Bargain Candidate of Interest (VBCI) and is our fully fledged Vulture Bargain #7. Members of the GGR team are actively accumulating and hold long positions in NTR.V or NTGSF.