Key Upcoming Milestones For Freegold Mountain Project

 

VANCOUVER, BC - Northern Freegold Resources Ltd. reported on its recent and upcoming activities at its 100% owned Freegold Mountain project, Yukon. The property is accessible by a government maintained road and is located approximately 70 kilometres from the Klondike Highway which runs between Whitehorse and Dawson.

Northern Freegold has completed its 2012 drill program and metallurgical testing program. The main goals of these programs were: test the depth extent of the gold mineralization below the current Nucleus Zone indicated and inferred resource model; better determine the geological controls on the gold and copper mineralization; and metallurgical test work to design a basic process flow sheet and determine metal recoveries.

John Burges, President and CEO of Northern Freegold, stated, "Despite the challenging market conditions the Company has made substantial progress on its key objectives of the 2012 drilling exploration and development activities at the Nucleus gold deposit and we are very pleased with the results including the very positive metallurgical testwork. We anticipate completion of a number of important milestones for the Company over the next six months including an updated resource estimate at Nucleus and additional engineering which will support the first Preliminary Economic Assessment study on the Nucleus and Revenue deposits."

The company's address is Suite 307, 475 Howe Street, Vancouver BC V6C 2B3, 604-893-8757, fax: 604-893-8758.