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Northgate Minerals Reports Significant Gold Intersections at its Fosterville and Stawell Gold Mines
Nov. 10, 2010 (PR Newswire) --
VANCOUVER, Nov. 10 /PRNewswire/ - Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) is pleased to report positive exploration results from diamond drill programs at its Fosterville and Stawell Gold mines in Victoria, Australia.
Exploration Highlights
* Fosterville: drilling below and down-plunge of the Phoenix Reserve block continues to show promising results:
Phoenix Footwall
* Drilling within the Footwall has intersected strong mineralization: hole UDE038 (6850 mN) intersected 5.4 grams per tonne ("g/t") gold over 24.9 metres ("m"), including 11.5 g/t over 5.6 m and 10.1 g/t over 4.3 m.
* Hole UD756 (7360 mN) intersected 4.7 g/t over 6.3 m and 5.5 g/t over 18.6 m, including 8.1 g/t over 9.1 m.
* These holes follow on assay results released previously: hole SPD547B (7000 mN) returned 6.3 g/t over 23.3 m and 4.6 g/t over 6.5 m.
* Results from the Footwall indicate that there is potential to add new reserves close to the existing Phoenix underground development and to increase ounces per vertical metre immediately below the existing reserves.
Phoenix Extension (6850 mN) more info -
http://tmx.quotemedia.com/article.php?newsid=35597418&qm_symbol=NXG:US
Nov. 10, 2010 (PR Newswire) --
VANCOUVER, Nov. 10 /PRNewswire/ - Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) is pleased to report positive exploration results from diamond drill programs at its Fosterville and Stawell Gold mines in Victoria, Australia.
Exploration Highlights
* Fosterville: drilling below and down-plunge of the Phoenix Reserve block continues to show promising results:
Phoenix Footwall
* Drilling within the Footwall has intersected strong mineralization: hole UDE038 (6850 mN) intersected 5.4 grams per tonne ("g/t") gold over 24.9 metres ("m"), including 11.5 g/t over 5.6 m and 10.1 g/t over 4.3 m.
* Hole UD756 (7360 mN) intersected 4.7 g/t over 6.3 m and 5.5 g/t over 18.6 m, including 8.1 g/t over 9.1 m.
* These holes follow on assay results released previously: hole SPD547B (7000 mN) returned 6.3 g/t over 23.3 m and 4.6 g/t over 6.5 m.
* Results from the Footwall indicate that there is potential to add new reserves close to the existing Phoenix underground development and to increase ounces per vertical metre immediately below the existing reserves.
Phoenix Extension (6850 mN) more info -
http://tmx.quotemedia.com/article.php?newsid=35597418&qm_symbol=NXG:US
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