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Northern Freegold Set to Expand High-Grade Gold Nucleus Zone
Submitted by Admin on Tue, 12/01/2009 - 12:35
Northern Freegold Resources Ltd. (TSX Venture: NFR) was identified in March as one of the most interesting gold exploration companies at the 2009 PDAC mining conference in Toronto, Canada. The excitement followed a run of high grade results in 2008/2009 news releases and the stock jumped on an announcement on February 12, 2009 of an exceptional intersection of 14.5 g/t gold over 47 meters (154 feet at 0.42 oz/t) including an interval of 206.5 g/t over 1.24 meters (4 feet of 6 oz/t). Following that release Northern Freegold achieved a recent high of $0.72 per share.
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