Thursday, August 16, 2012

Drilling within the cheap car rental malaga Stoddart zone was concluded in 2007 and

The translation lies in the family vehicle rentals in malaga member position and depth of the anomalies on DC resistivity and IP chargeability sections

North Freegold Reports the effects from inside the Titan-24 Geophysics Survey for the Stoddart Zone, Freegold

Mountain Project, Yukon: Expands Places of Certainly likely Mineralization.
Highlights encompass: -- Titan Survey defines A dozen First Precedence Targets (medium to
high
chargeability with medium to low resistivity) within 5 Main Aim
Places; contains another 25 2nd Precedence Targets
-- The Stoddart Zone porphyry mineralization can be thing in a much
larger
porphyry system acknowledged within the Nucleus and Income Places, that
expands in an east-west guidance for more than 6 kilometre, and might prolong
which porphyry system another 3 kilometre along hit
-- , widths of
and vertical extents in overabundance of 500m
-- 1 of the A dozen First Precedence Targets goes with about the 2007-2008
jewellery drilling concluded within the Stoddart Zone. This drilling
crossed elemental Cu-Ag-Au-Mo mineralization (table of
chosen
intervals below). But still, drilling merely examined to a vertical depth
of
250m which didn't wholly try on the Titan anomaly in this region.
-- 10 of the A dozen First Precedence Targets haven't been drilled and
stand for
the opportunity of expansive mineralization in the Stoddart Zone
-- Based on the Titan-24 results and the last drilling the Stoddart
Mineralization is open sideways and at depth

To the Stoddart Zone
The Stoddart Zone is placed 8 kilometre east of the Nucleus Zone. Drilling within the Stoddart zone was concluded in 2007 and car hire 2008 to follow-up on anomalous copper and silver in soil and trench samples. Twelve jewellery drill holes totaling 3,074m were concluded. All holes crossed expansive silicic and potassic changed granodiorite comprising propagated sulphide mineralization. The table below lists the most important jewellery drill results from inside the Stoddart Zone (informations previously leaked). These taller level intervals lie within more expansive (100-200m) places of anomalous mineralization and transformation. Pls see the North Freegold website for complete drill results. Chosen Drill Intervals from Stoddart Zone(1)
---------------------------------------------------------------------------- Drill http://www.1stforcarhiremalaga.com Length Au Ag Cu Mo CuEq
AuEq Hole From To (m)(2) (g/t) (g/t) (%) (%) (%)(3)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
----------------------------------------------------------------------------
----------------------------------------------------------------------------
----------------------------------------------------------------------------
,
2008 and Parade Twenty sixth,
2009 (2) True widths untold (3) Au same brass prices:
US$1,,
. average; nil
rebate for metallurgical recovery in included brass figures).

The Freegold Mountain Project, adding up work within the Stoddart Zone is being handled by GeoVector Leadership Inc. of Ottawa,. Armitage,.,. Dr. Armitage 's the VP Inspection for North Freegold and 's the Licensed Person, as outlined by NI 43-101, for the Freegold Mountain Project. Dr. Armitage has reviewed the mechanic info within this divulge.
To the Survey
The Titan-24 DC - IP survey was concluded beyond a 34 day period from June Twenty third, 2011 to July Twenty eighth, 2011., spaced approx. 300 m aside totalling 44 row kilometre were surveyed. L5600E is at the west finale and L8900E is at the east finale. All that queues are south - northern in positioning. The initial two queues, L5600E and L5900E are singular pass around; rest of the 10 queues are double pass around.
The inspection goal of the Titan-24 DCIP survey at the Stoddart Zone was to identify certainly likely porphyry mineralization to a depth of 500 to 750m for drill aiming for.
Bonuses
The DC/IP ingredient of the survey have to offer an excellent a technique of delineating aim mineralization within 750m of surface.
Survey Results
The chief ore of interest for North Freegold Bounty Ltd. here is Cu-Au Porphyry deposits. The geophysical signature of this form of deposit can crop up as medium - low resistivity anomaly linked with strong - medium chargeability anomaly potentially attributable to the conductive gold/copper sulphide mineralization. Relying on the level and mother nature of the copper ore, its low resistivity reaction might or might not be linked with a corresponding chargeability reaction.

. The targets are categorised and allocated a goal precedence according to amplitude, size, depth and DC Resistivity and IP Chargeability association the following:
Aim Priorities:
First -- Anomalies at superficial depth within top 350 m, showcasing
medium to strong
IP reaction (chargeability superior to 35 milliradians),
co-located
with medium to low DC resistivity reaction (rho less than 1905
ohm-m);
interpreted to be in line with geological structures and can
direct
to certainly likely mineralization.
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2nd -- Anomalies at depth within 700m, showcasing medium to puny IP
reaction
(chargeability less than 60 milliradians), co-located beyond or at
with medium to low DC resistivity places (rho less than 1905 ohm-m);
interpreted to be in line with geological structures and can
represent propagated mineralization and/or transformation places.

As well as that about the main aim places outlined here, other low resistivity anomalous places might actually be of certainly likely interest but aren't picked as targets within this report.
2011 Inspection Program
North Freegold also notifies the completion of the 2011 inspection program. The chief aim of the inspection program was to up-date the Au-Cu-Ag-Mo Income Zone from Aim Deposit to Inferred Resource. Seventeen drill holes totaling approx. 12,375m have been concluded within the Income Zone, with a complete of 6796 core intervals sampled for assay. As well as that a 44 line-km Titan-24 DC-IP survey (this press release) and soil sampling was concluded beyond the Stoddart Cu-Ag-Au-Mo Porphyry Aim. All soil and core samples have been earned by the laboratory for assay testing. Preliminary outcomes of the jewellery drilling were leaked in Sept (See press release on Sept 22, 2011). The remaining of the core samples additionally the soil samples would be leaked given that they are earned, compiled and interpreted. It is certainly anticipated which the effects of the jewellery drilling would be used to compute the resource on the Income Zone. All in all project administration was offered by A. Armitage,.,.,. 43-101.
About North Freegold
North Freegold is known as a well-financed, swiftly advancing Canadian-based valued alloys inspection and development firm. NFR brings broad capability and robust leadership to concentrate on the advance of monetary mineral bounty on the district-scale Freegold Mountain silver and copper project within the Yukon and the Burro Creek silver and gold property in Arizona.
Leadership believes the Income aim deposit, the Nucleus deposit and the Stoddart Zone are all thing in a broad scale gold-rich porphyry system, that expands in an east-west steerage for more than 6 kilometre. The system has the prospective to host multi-million ounces silver bounty with multi-billion pound copper bounty resembling other porphyry deposits in the area.
On the part of the Board of Controllers
Tim Termuende, P. Geo.
Meantime Chief executive officer and President.
Cautionary Note With regard to Forward-Looking Statements The data within this news release consists sure "onward- looking statements" All statements, other than statements of historical statistic, incorporated herein consisting of, without restriction, plans for and motives with honor about the firm’s properties, statements with regard to motives with honor to obligations due for varied campaigns, tactical substitutions, amount of bounty or reserves, timing of authorizing, construction and production and other milestones, are onward looking statements. Statements concerning Mineral Reserves and Mineral Bounty are likewise forward-looking statements in which they reflect an evaluation, based on sure presumptions, of the mineralization that will be confronted and mining results if ever the project were improved and mined within the demeanour described. Forward-looking statements encircle various dangers and doubts. There are actually zero insurance which such statements 're going to show to be accurate, and factual results and up coming ceremonies may vary materially from those anticipated in such statements. Critical indicators which may bring on factual results to vary materially from NFR's anticipations contain the doubts relating to the need for extra funding to explore and improve properties and availableness of funding within the account balance and funds promotes; doubts engaged in the translation of drilling results and geological exams and the approximation of reserves and bounty; the necessity for venture of government agencies and First Nation groupings within the investigation, and development of properties; and the desire to acquire permits and governmental validation. NFR's onward looking statements reflect the religions, ideas and projections of leadership on the date the statements are made. NFR assumes zero legal responsibility to up-date the onward looking statements if management's religions, ideas, projections, or other factors as long as they alter.
SOURCE: North Freegold Bounty Ltd. North Freegold Bounty Ltd. Jules Hajduk Investor Relationships

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