News and Announcements
Northern Tiger Resources Identifies New Gold Anomaly at Korat Project in Yukon’s White Gold District
- Published November 08, 2012 2:22PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
EDMONTON, ALBERTA–(Marketwire – Nov. 8, 2012) – Northern Tiger Resources Inc. (TSX VENTURE:NTR) (“Northern Tiger” or the “Company”) is pleased to provide an update on its Korat Project in the White Gold District. An 800-metre long gold-in-soil anomaly has been identified within a larger 1,600-metre long pathfinder element anomaly. The Korat anomaly features a similar pathfinder geochemical suite and straddles the same prominent regional magnetic high feature that is closely associated with both Kinross Gold Corporation’s (“Kinross”) Golden Saddle deposit and Comstock Metal Ltd.’s (“Comstock”) new QV discovery, where recent drilling has returned results up to 2.3 g/t gold over 89.9 metres.
“Korat’s anomaly is connected to the same prominent geophysical structure associated with two of the most important White Gold discoveries – Kinross’ Golden Saddle deposit and Comstock’s new QV discovery,” says Greg Hayes, President of Northern Tiger. “With a similar suite of pathfinder elements and the right geology, Korat is a compelling new White Gold exploration target.”
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