Thursday, December 20, 2007 7:28:30 PM
http://biz.yahoo.com/bw/071220/20071220006187.html?.v=1
Very complete report.
Northgate Announces Additional Young-Davidson Drill Results - Drill Hole YD07-42B Returns 46.80 Grams per Tonne Gold Over 9.1 Metres
Thursday December 20, 6:35 pm ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--Northgate Minerals Corporation (TSX: NGX - News) (AMEX: NXG - News) today announced assay results for 13 additional diamond drill holes at its Young-Davidson property near the town of Matachewan, Ontario.
DRILLING HIGHLIGHTS
- Hole YD07-42B, on the eastern flank of the Lower Boundary
zone, intersected 46.80 grams per tonne (g/t) gold over
9.1 metres (m).
- Hole YD07-53, also targeting the Lower Boundary zone,
intersected 80.8m of 2.68 g/t gold including 3.47 g/t gold
over 18.0m. This hole is situated below and about 100m
further to the west than any other intersection in the area.
- Hole YD07-50, drilled on the western flank of the Lower YD
zone, returned results of 5.54 g/t gold over 8.5m.
- The results of these latest holes are being incorporated into
a resource update for the project, which is expected to be
completed in January 2008.
Ken Stowe, President and Chief Executive Officer, remarked, "The exploration team at Young-Davidson continues to achieve outstanding results. The continuity of the mineralization in the four main zones is excellent, which supports our concept of low-cost, large-scale bulk underground mining for the project. Given the drilling success in 2007, we expect to see another significant increase in gold resources for the project once the new resource update is completed next month, which will have a positive impact on the Pre-Feasibility Study for the project."
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