Friday, November 05, 2010 2:41:50 AM
Northgate Minerals C (NXG) fiat$2.94 UP $0.14 +5.00%
Volume: 5,360,368 @ 7:37:12 PM ET Strong Demand
Bid Ask Day's Range
2.77 3.0 2.85 - 2.96
Full NXG Quote
Northgate Minerals Discovers High Grade Mineralization in a Previously Untested Area at its Stawell Gold Mine
Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) is pleased to report that surface diamond drilling at its Stawell Gold Mine has intersected high grade gold mineralization approximately 1.6 kilometres ("km") south of the existing mine workings.
Hole SD649A Highlights
- Hole SD649A intersected multiple gold bearing intervals which
include:
- 13.7 grams per tonne ("g/t") gold over 5.45 metres ("m"),
including 25.0 g/t gold over 2.2 m; and,
- 15.4 g/t gold over 2.5 m.
- The mineralization is consistent with the Stawell Golden Gift style
ore zones, which in total have produced over 600,000 ounces of gold
during the past decade.
- The drill intersections are several hundred metres above the GG6 zone
that is currently being mined and the nearest drilling is 440 m to
the north and 360 m to the south of the current intersections.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56194217
Volume: 5,360,368 @ 7:37:12 PM ET Strong Demand
Bid Ask Day's Range
2.77 3.0 2.85 - 2.96
Full NXG Quote
Northgate Minerals Discovers High Grade Mineralization in a Previously Untested Area at its Stawell Gold Mine
Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) is pleased to report that surface diamond drilling at its Stawell Gold Mine has intersected high grade gold mineralization approximately 1.6 kilometres ("km") south of the existing mine workings.
Hole SD649A Highlights
- Hole SD649A intersected multiple gold bearing intervals which
include:
- 13.7 grams per tonne ("g/t") gold over 5.45 metres ("m"),
including 25.0 g/t gold over 2.2 m; and,
- 15.4 g/t gold over 2.5 m.
- The mineralization is consistent with the Stawell Golden Gift style
ore zones, which in total have produced over 600,000 ounces of gold
during the past decade.
- The drill intersections are several hundred metres above the GG6 zone
that is currently being mined and the nearest drilling is 440 m to
the north and 360 m to the south of the current intersections.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56194217
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