Business
Northern Freegold Announces 2013 Exploration Plan for Freegold Mountain Project, Yukon
(via Thenewswire.ca) Vancouver, BC: June 26, 2013. Northern Freegold Resources Ltd. (NFR: ...
About this update from Triumph Gold Corp.
[{"type":"text","content":"Northern Freegold Announces 2013 Exploration Plan for Freegold Mountain Project, Yukon(via Thenewswire.ca)\n\n \nVancouver, BC: June 26, 2013. Northern Freegold Resources Ltd. (NFR: TSX-V, NFRGF: OTCQX) is pleased to announce the exploration plan for the Freegold Mountain Project (\"Freegold\"), in the Yukon, Canada. The project is 100% owned by Northern Freegold (the \"Company\"), and is road accessible, located 70 km west of Carmacks, Yukon in the Dawson Range.\n\n \n \nRecent work on the Freegold project has been focused on the Nucleus and Revenue deposits where Northern Freegold has developed significant gold-copper-molybdenum-silver resources and recently completed a NI 43-101 compliant Preliminary Economic Assessment (\"PEA\") which demonstrated the potential technical and economic viability of a new gold with copper and molybdenum mine on the property (see news release dated February 20, 2013). The PEA incorporated the latest NI 43-101 mineral resource estimates for both Nucleus and Revenue deposits.\n\n \n \nTable 1: Mineral Resource Estimate for Nucleus Deposit (see news release dated January 9, 2013)\n\n\n \n\n ----------------------------------------------------------------------\n |Indicated |\n |--------------------------------------------------------------------|\n |Cut-off|Tonnes |Au |Ag |Cu |\n |AuEq | | | | |\n |(g/t) | | | | |\n | | |-------------------------------------------------|\n | | |Grade|Ozs |Grade|Ounces |Grade|lbs |\n | | |(g/t)| |(g/t)| |(%) | |\n |--------------------------------------------------------------------|\n |0.20 |93,733,089|0.480|1,445,425|0.81 |2,427,268|0.05 |110,726,000|\n |--------------------------------------------------------------------|\n |0.25 |71,904,900|0.567|1,310,039|0.85 |1,967,789|0.06 |88,544,244 |\n |--------------------------------------------------------------------|\n |0.40 |36,137,402|0.849|986,549 |1.01 |1,175,181|0.06 |50,631,288 |\n |--------------------------------------------------------------------|\n |0.50 |25,889,606|1.023|851,603 |1.11 |924,040 |0.07 |37,782,715 |\n |--------------------------------------------------------------------|\n |0.75 |12,797,289|1.492|613,956 |1.49 |613,661 |0.07 |19,023,554 |\n |--------------------------------------------------------------------|\n |Inferred |\n |-----------------------------------------------------------------...