The three core areas of our 2010 exploration program all have potential to be "company makers":
Abundant visible gold discovered at our new 3Ace Property in the southeastern Yukon.
Exploration at Sonora Gulch, our principal project, has indicated a very large mineralized system with potential to host a copper-gold-molybdenum porphyry as well as related epithermal gold.
Strong coincident geophysical/geochemical anomaly on our DAD property is drill-ready and suggestive of Minto-style mineralization.
Aggressive $2.6 million exploration program planned for 2010 is fully funded.
Focus on the Yukon:
An underexplored part of the Tintina Gold Belt, which contains deposits such as Pogo, Fort Knox and Donlin Creek.
Immediate area is a favorable setting to host economic mineral deposits, as demonstrated by the Minto Mine (producing), the Carmacks Copper Project (being permitted) and the Casino Project (positive pre-feasibility study).
Immediate area is also prospective for new discoveries, as recently demonstrated by Underworld Resources and Kaminak Gold Corp.
Improving infrastructure.
Exploration alliance with Capstone Mining Corp. provides us with broad range of exploration and development expertise.
Management team has a broad range of exploration and public company expertise, including substantial experience in the Yukon.
Strategy
Aggressively explore the Yukon for economic mineral deposits, including:
Continue to advance the Sonora Gulch gold-copper-molybdenum property.
Evaluate the high grade gold potential of our new 3Ace project.
Explore for additional Minto-style deposits using Capstone Mining Corp.'s proven technical expertise.
Combine our regional expertise and the extensive historical data received from Capstone to generate additional targets.
Capstone Mining Corp. Exploration Alliance
Northern Tiger has an exploration alliance with Capstone Mining Corp.'s wholly owned subsidiary Minto Explorations Ltd. Capstone is the operator of the high grade copper-gold Minto Mine - the only operating hard rock mine in the Yukon.
The exploration alliance provides for:
Cooperation on planning and executing exploration programs and long term strategies for the area.
Sharing of proprietary technical expertise to assist project advancement.
Access to Capstone's infrastructure to facilitate exploration in the region.