| ||November 04, 2010|
Northern Tiger Resources Announces Significant Gold Discovery at 3Ace Property, Yukon:
14.8 g/t gold over 10.9 metres, including 145.2 g/t over 1.05 metres
November 4, 2010: Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (NTR: TSX-V) is pleased to announce a significant new gold discovery at the 3Ace Property in the southeast Yukon. Results have been received for three diamond drill holes that tested the Main Zone (results for six holes testing the Sleeping Giant Zone are pending). Two of the holes, collared 60 metres apart, intercepted high-grade gold over appreciable widths and the zone is open in all directions. Intercepts include:
|3A-10-01 ||49.1 -- 79.4 ||30.3 ||4.3
| Including ||50.2 -- 58.4 ||8.2 ||13.5
| Including ||78.2 -- 79.4 ||1.2 ||10.3
| || || ||
|3A-10-02 ||24.6 -- 35.5 ||10.9 ||14.8
| Including ||28.15 -- 29.20 ||1.05 ||145.2
"Our drilling has demonstrated that gold mineralization in the Main Zone extends across significantly thicker intervals than the metre wide surface expression of the Discovery Vein, confirming the presence of a much larger scale mineralized system," says Greg Hayes, President of Northern Tiger. "These initial drill results compare very favourably with discovery holes reported from other recent Yukon gold finds such as Underworld Resources Inc's Golden Saddle Zone and Atac Resources Ltd's Tiger Zone. The very encouraging initial drill results following on the heels of a 2010 surface exploration program that identified multiple high-grade gold occurrences over an extensive area has management very enthused about the gold potential at 3Ace."
Three holes totaling 299 metres were collared at the Main Zone. Hole 3A-10-01 (102 metres) tested the northernmost outcrop of the Discovery Vein identified to date. It was collared 60 metres north-east of the outcrop and drilled at a -55o dip. Holes 3A-10-02 (96 metres) and 3A-10-3 (101 metres) were drilled from a single set-up, located approximately 60 metres south of and along strike from Hole 3A-10-01. These holes, collared approximately 20 metres east of the outcrop, tested the southernmost outcrop of the Discovery Vein identified to date. Hole 3A-10-02 was drilled at a -55o dip and Hole 3A-10-03 was drilled at a -75o dip.
Mineralization was hosted in quartz veins and intensely fractured quartz pebble conglomerate with abundant quartz flooding +/- additional quartz veining. Mineralized veins contained up to 4% arsenopyrite. The highest grade gold intercepts were also closely associated with clay altered sheared phyllite. Visible gold was noted in the high grade intercept in Hole 3A-10-02 (28.15 - 29.20 metres). In addition to the high-grade intercepts noted above, two mineralized intercepts were also returned from Hole 3A-10-03: 11.4 metres of 0.73 g/t gold (from 31.4) metres, and 9.0 metres of 0.68 g/t gold (from 51.9 metres).
A map showing the Main Zone drill hole locations and intercepts is available at www.northern-tiger.com.
This News Release has been reviewed and approved by Carl Schulze, B.Sc., P.Geol., the Qualified Person as defined by NI 43-101. All rock and drill core samples were analyzed by Inspectorate America Corporation of Richmond, British Columbia using 50 gram fire assay and 50-element, 4-acid ICP analysis. Soil and silt samples were also analyzed by Inspectorate, using 30-gram fire assay analysis. When visible gold is noted in drill core samples or regular fire assay values appear abnormally high, the pulp and screen metallic assay method is used to determine the total gold content and gold contents of different size fractions. This is considered industry best practice when dealing with coarse gold mineralization where a nugget effect is suspected. This determination is accepted as the most representative value and is used in the assay database.
Northern Tiger Resources Inc. is a Canadian-based resource exploration company focused on gold and copper exploration in the Yukon. 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. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
You can view the Next News Releases item: Wed Nov 17, 2010, Northern Tiger Resources Increases 3Ace Land Position
You can view the Previous News Releases item: Thu Oct 28, 2010, Northern Tiger Resources makes two separate precious metal discoveries at Sonora Gulch, Yukon Highlights Include 6 metres of 7.6 g/t gold and 155.5 g/t silver
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