April 14, 2009 Northern Tiger Resources Announces $1 Million Yukon Exploration Program
April 14, 2009: Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (NTR: TSX-V) is pleased to announce it is planning a $1 million exploration program in the summer of 2009 to follow up on its 2008 high-grade gold discovery at Sonora Gulch in the central Yukon's Dawson Range (Hole SG-08-27 intercepted 26.6 metres grading 4.96 g/t gold, 11.9 g/t silver and 0.23% copper - see News Release dated October 28, 2008).
The planned exploration program will include up to 7 diamond drill holes (1,400 metres), as well as additional surface work including mapping, prospecting, and geochemical and geophysical surveys. Priority objectives include:
Testing the extent of the mineralization in the Nightmusic Zone by drilling five step-out holes to the west of Hole SG-08-27;
Drill testing an additional geochemical/geophysical target approximately 300 metres to the east of the previous drilling in the Nightmusic Zone (2 holes);
Delineating additional targets at Sonora Gulch through surface exploration; and
Exploring for Minto-style deposits through a more detailed mapping, prospecting and sampling program to evaluate two of the five properties obtained from Northern Tiger's exploration alliance partner Minto Explorations Ltd., a wholly owned subsidiary of Capstone Mining Corp.
Northern Tiger is working closely with its principal suppliers to plan and execute an efficient exploration program. New cost savings initiatives include hauling much of the program's heavy freight in on a winter road and making increased use of ATV's to limit helicopter time. In addition, the Company has made a number of applications for funding under the Yukon Government's Yukon Mining Incentive Program.
"We are looking forward to getting back in the field to follow up on our discovery of last year," says Greg Hayes, President of Northern Tiger Resources. "Demonstrating that there is continuity to the high-grade mineralization encountered in Hole SG-08-27 should be an important catalyst for the Company. I would also like to thank our suppliers, including Kluane Drilling Ltd., Heli Dynamics Ltd. and All-Terrane Mineral Exploration Services, for their cooperation and assistance in putting together a cost-effective 2009 exploration program."
Northern Tiger Resources Inc. is a new Canadian-based resource exploration company focused on the rapidly developing Dawson Range gold-copper mining district in the Central Yukon, Canada. Through its exploration alliance with Capstone Mining Corp.'s wholly owned subsidiary, Minto Explorations Ltd., Northern Tiger benefits from a wide range of experience, knowledge and capabilities from early exploration to mine production.
For further information please contact:
Greg Hayes, President and CEO
This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization, exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. The Company disclaims any intention or obligation to revise or update such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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