-- Posted Tuesday, 25 October 2011 | | Disqus
Northern Gold Mining Inc. (TSX-V: NGM.V, NTGMF.PK) ("Northern Gold" or "the Company") today announced assay results for six additional diamond drill holes totaling 1,920 meters of drilling from its ongoing 2011 drill program at the Garrcon Deposit which is located on the 100% owned Garrison Gold Property in North Eastern Ontario.
Highlights:
- Assay results from the bottom 30 meters of GAR-11-105 confirm the presence of a new target area for gold mineralization;
- The mineralization in the bottom 30 meters of GAR-11-105 is also interpreted to be on the north side of the ultramafic rocks;
- The Garrcon Deposit remains open to depth and on strike to the east and west and with GAR-11-105 showing gold on the north side of the ultramafics stepout drilling will be conducted to the north toward the Jonpol East Zone (Technical Report Posted to SEDAR October 23, 2009).
- GAR-105 also had one meter assaying 135.95 g/t Au (the 13th assay in the Garcon Deposit to have exceed 1 oz/t Au). The assay result was cut back to 34 g/t for reporting purposes.
- All six holes had gold assays above the 0.3 g/t Au block model cutoff as determined by the A.C.A. Howe International Ltd. (Howe) Preliminary Economic Assessment posted on SEDAR August 8, 2011.
The six holes reported in Table 1 below were drilled along north/south oriented drill fences that cover an east-west strike length of 125 meters in the western half of the presently delineated Garrcon Gold Deposit resource footprint. Drill hole locations, azimuths and collar declinations are shown in Table 2. Drill hole locations within the resource footprint as well cross sections showing the complete assay details for all drill holes within the Howe resource footprint and a drill hole plan map can be viewed on the Company's website by clicking on the following link: http://www.northerngold.ca/files/Garrcon-Cross-Sections.pdf.
Table 1 presents assay highlights from the drill holes.
There is one assay above 34.0 g/t reported in these drill results, bringing the total number of assay results received that are higher than one ounce per tonne to 13 since drilling commenced in May of 2010. With more than 22,000 samples analyzed, 13 samples is a statistically insignificant frequency (0.06% of total samples).
These six holes bring the total meters of drilling reported for the 2011 drill program to 12,223 meters in 41 holes. The holes continue advancing the Company's primary focus on both expanding the quantity of, and upgrading the quality of the estimated resources reported in the A.C.A. Howe International Ltd. (Howe) Technical Report posted on SEDAR August 8, 2011. Expansion of the current resource estimate within the Howe resource footprint is done by drilling holes into areas where drill hole spacing's are too wide to estimate a resource or increasing the number of drill holes in a drill fence (See GAR-11-97 on Drill Section 13+00 W). All the holes in this Press Release are infilling areas adjacent to drill holes used in the last resource estimate or in areas of the Howe resource footprint where no previous holes were drilled. In this way, any gold mineralization intercepted may be able to contribute to resource expansion in the next resource estimate. Gold mineralization above the block model cutoff grade of 0.3 g/t used in the Howe Technical Repost was encountered in all the holes being reported.
Drill holes GAR-11-93, GAR-11-94, GAR-11-96, and GAR-11-105 were drilled northwards to infill and delineate mineralization along the northern edge of the deposit in the western part of the resource footprint. These North Zone results will help to further define the northern boundary of the Garrcon Deposit.
The current working model of mineralization for the Garrcon Deposit holds that the north side of the deposit abuts against or is bounded by ultramafic rocks of variable thickness. Because mineralization in the bottom of GAR-11-105 did not conform to that model additional drilling is being planned to step out to the north and explore this new target.
Drill holes GAR-11-95, GAR-11-95X and GAR-11-97 are infill holes drilled southwards along Section Lines 14+00 W and 13+00 W respectively. GAR-11-97 is collared about 50 meters north of and drilled parallel to GAR-10-24, which intersected 1.44 g/t over 209 meters (Press Release dated December 9, 2010). GAR-11-95, including the GAR-11-95X extension, is collared about 40 meters north and drilled parallel to GAR-11-92 (Press Release dated October 13, 2011). Gold mineralization in GAR-11-95 and GAR-11-95X is generally better grade than GAR-11-92, especially in the bottom 10 meters of GAR-11-95 and the top 38 meters of GAR-11-95X.
Northern Gold has dedicated two diamond drills to this infill definition drilling program and will add a reverse circulation drill, expected to be on site in November, to accelerate the infill program. Two other diamond drills are being used for step out drilling, primarily to the east, following the strike direction of gold mineralization, but will also be used to follow up other targets developed elsewhere on the Garrison Gold Property.
Quality Assurance/Quality Control
Northern Gold Mining Inc. has QA/QC protocol in place for its exploration work. The Company is currently diamond drilling the Garrison Gold Property and the drilling contractor that completed these holes is Major Drilling Group International Inc. The NQ Core size gives good sample sizes and enables at least two size step-downs if ground conditions should require it. Core is delivered to the secure Core Shack facility by the driller or picked up by one of Northern Gold's designated personnel and transported to the Core Shack facility. In addition to recovery and RQD (Rock Quality Designation) data, geologic parameters including lithology, alteration, quartz veining, presence and identification of sulfide mineralization along with other geologic parameters are noted and recorded. Core is marked in one-meter intervals for splitting, sampling and assaying, unless geologic data indicate a shorter sample interval. Prior to splitting, all core is photographed. Core splitting is done with a diamond core saw and 1/2 of the drill core is submitted to Expert Laboratories, an accredited laboratory (PTP-MAL - Accredited by Standards Council of Canada - In full accord with ISO/IEC Guide 43-1 "Proficiency Testing by Interlaboratory Comparison") in Rouyn-Noranda, Quebec for assaying. The remainder of the core is stored at the Garrison Gold Property. All sample intervals where visible gold is observed to be present are automatically submitted for analysis using the metallic screen procedure where the entire half core is crushed, pulped and screened at 100 mesh.
The screen oversize is assayed in total and the screen undersize is fire assayed in triplicate using a gravimetric finish. All other samples are analyzed by conventional fire assay using a 30-gram sample with geochemical finish. All samples that assay greater than one gram are re-assayed with conventional fire assay using a gravimetric finish. Conventional fire assay sample prep consists of crushing to 90% passing 10 mesh from which a 300-gram sample is split and pulped to 90% passing 200 mesh and from which a 30-gram sample is taken for fire assaying. Following completion of fire assaying at Expert Laboratories, pulp samples are forwarded by Expert to SGS' certified laboratory (ISO/IEC 17025), in Toronto, Ontario for CN solubility assaying and for multi-element analyses of select samples. CN solubility test uses a 1% CN solution added to 30 grams of sample and shaken for an hour prior to settling and decanting for geochemical analysis. Multi-element analysis is conducted using 4-acid digestion followed by ICP analysis with OES finish (Inductively coupled plasma optical emission spectroscopy). Northern Gold inserts a mixture of gold standard samples, blank samples and duplicate samples into the sample stream at a rate approximating 10% of total original samples. Samples are normally transported in a Company truck from the Property to Expert Labs in Rouyn-Noranda. Chain of Custody protocols require the signing and maintenance of logs and receipts each time the samples are picked up from or delivered to a new location. When utilizing commercial transportation, all shipping sacks are sealed with a numbered tag, the removal of which is recorded upon receipt by Expert Laboratories. Check analyses are conducted on a regular basis utilizing SGS' laboratory, in Toronto, Ontario.
About Northern Gold Mining
Northern Gold Mining Inc. is a TSX-V listed, publicly traded junior resource company based in Toronto, Ontario, dedicated to the discovery and development of high value mineral deposits in the proven mining camps of Kirkland Lake and Timmins in North Eastern Ontario. Northern Gold is focused on developing two advanced stage gold deposits on the Garrison Gold Property. The Property is located within the Abitibi greenstone belt along the Porcupine-Destor and the Munro Fault systems. In addition to the advanced stage Jonpol and Garrcon Gold Deposits, both of which have NI 43-101 compliant resource estimates completed, the property hosts several other gold mineralized showings including the less advanced 903 gold mineralized area. Historically diamond drilling by previous operators was completed in all three referenced areas. An NI 43-101 Technical Report was posted on SEDAR October 21, 2009 for Jonpol, and two for Garrcon were posted on SEDAR November 5, 2010 and August 8, 2011, the latter of which includes a Preliminary Economic Assessment. The Garrison Gold Property has historical mining infrastructure at both the Jonpol and Garrcon Deposits, and currently producing mines are located near the property. On May 13, 2011, the Company completed its purchase of 100% ownership of the Garrison Gold Property from ValGold Resources Inc.
The technical aspects of this press release have been reviewed by Michael Gross M.S., P.Geo., Vice President Exploration for Northern Gold, who is the "Qualified Person" as defined by NI 43-101 for this project.
CAUTIONARY STATEMENT: This News Release includes certain "forward-looking statements." These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Northern Gold Mining Inc.
Martin R. Shefsky
President and CEO
416.366.7300
416.366.7301 (FAX)
mshefsky@northerngold.ca
www.northerngold.ca
-- Posted Tuesday, 25 October 2011 | Digg This Article
| Source: GoldSeek.com
