Northern Freegold Nearing Gold-Copper Resource at Revenue Zone

Northern Freegold Resources Ltd (TSX-V: NFR) is nearing completion of a compliant NI 43-101 resource estimate on the gold-copper-silver-molybdenum Revenue Zone at its 100% owned gold-rich porphyry Freegold Mountain Project in the Yukon. This is important, as it should establish the direction of the project’s development following the success of Western Copper and Gold Corporation’s (AMEX, TSX: WRN) copper-gold Casino project, situated along trend, and located only 80 kilometers to the northwest. Like Casino, Northern Freegold’s resource starts at surface, so the project is likely to be low cost, large bulk tonnage open pit operation with a long mine life. Northern Freegold previously established a million plus ounce gold deposit at its Nucleus Zone at Freegold Mountain. The completion of a significant gold-copper-silver-molybdenum resource may present the potential for a growing large gold-copper porphyry resource, competitive in size and cost to the Casino deposit.

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Northern Freegold Nearing Gold-Copper Resource at Revenue Zone.pdf