Northern Gold Mining Inc. (TSX VENTURE:NGM) announced today assay results for six additional diamond drill holes totaling 1,358.6 meters of drill core in the Company's ongoing 30,000 meter drill program at the Garrcon Deposit on the Garrison Gold Property.
A total of 31 drill holes (6,726 meters) have been reported to date for the drill program that began May, 2010.
"These infill drill results both demonstrate the robust nature of this gold deposit and expand the known gold mineralization in new drill intercepts adjacent to and between holes drilled during previous programs within the resource footprint," said Martin Shefsky, President and CEO of Northern Gold Mining Inc. "We will continue our aggressive drill program utilizing two drills and focusing on systematic infill, definition and step out drilling. Results of drill holes completed prior to December, 2010 will be used in the updated NI 43-101 resource calculation expected to be completed in the first quarter of 2011."
These infill holes continue to encounter long downhole intercepts of stockwork mineralization at and above the resource cutoff grade. Mineralization intercepted in GAR-10-42 is excellent grade and includes a one meter assay of 97.88 g/t. This is the second assay in 7,269 assays that has assayed higher than 34 g/t. Statistically, it is not significant, but for informational purposes, the resultant assays are shown when the grade is cut to 34 g/t.
GAR-10-37 – collared on Section Line 11+50W at about8+40N on an azimuth of 342° true and an inclination of -44° is drilled across both the Shaft and North Zones. The hole parallels GAR-10-36 collared approximately 35 meters to the north and CO6-07 collared approximately 95 meters to the south. Both Shaft Zone and North Zone mineralization in the hole is significantly lower than similar zones in either of the parallel holes. Shaft Zone mineralization is similar to that encountered in GAR-10-11, which is located about 25 meters to the west.
GAR-10-38 – collared on Section Line 12+50W at about 9+50N on an azimuth of 155° true and an inclination of -63° is drilled on the south margin of the Deposit testing the Shaft Zone. Mineralization in GAR10-38 is lower grade than that seen in GAR-09-03A which is collared about 25 meters to the north and may indicate that there is little room for expansion of the resource south of GAR-10-38.
GAR-10-39 – collared on Section Line 12+75W at about 9+13N on an azimuth of 346° true and an inclination of -43° crosses both the Shaft and North Zones. The hole parallels C06-06 collared about 40 meters to the north and sub-parallels C07-03 collared about 40 meters to the south. In crossing the Shaft Zone, GAR-10-39 is better grade than C06-06 and consistent with the grade in C07-03. In the North Zone, GAR-10-39 is better grade than both C06-06 and C07-03. Because the last meter in the hole returned an assay of 2.79 g/t the hole was deepened another 60 meters and terminated in the north ultramafics. Assays for the deeping are pending.
GAR-10-40 – collared on Section Line 12+75 at about 10+35N on an azimuth of 343° true and an inclination of -45° is north of the Shaft Zone and crosses the North Zone. The hole parallels C06-06 collared about 90 meters to the south and GAR-10-24 drilled about 70 meters to the north. GAR-10-40 is better grade than both GAR-10-24 to the north and C06-06 to the south.
GAR-10-41 – collared on Section Line 12+50W at about 10+55N on an azimuth of 160° true and an inclination of -63° is crossing a bit of the North Zone but is drilled through the central portion of the Deposit at a steeper angle than the surrounding holes. Mineralization encountered above 118 meters is low grade and consistent with nearby hole GAR09-08. Below 118 meters, the mineralization encountered improves. Assays are pending on the only drill hole within 100 meters.
GAR-10-42 – collared on Section Line 13+00W at about 10+65N on an azimuth of 160° true and an inclination of -45° is drilled entirely within the Shaft Zone. The hole parallels GAR-09-05 and crosses GD86-16 and GAR-56. Mineralization intercepted in GAR-10-42 is consistent with GD86-16 and better than the mineralization in both GAR-56 and GAR-09-05.
Source:
Northern Gold Mining Inc.