Northern Freegold Appoints John Zbeetnoff to its Advisory Board
May 05 2014 - 12:09PM
Access Wire
Vancouver, BC / ACCESSWIRE / May 5, 2014 /
Northern Freegold Resources Ltd. (NFR: TSX-V, NFRGF: OTCQX) (the
"Company") is pleased to announce the appointment of
Mr. John Zbeetnoff to the Company's advisory board. Mr. Zbeetnoff
will join Dennis Moore, Sue Craig, and Darren Fach on the Company's
advisory board.
"John's geological
expertise is already proving to be valuable in evaluating the new
high-grade gold discovery at Irene," Mr. Burges stated. "We are
excited to have Mr. Zbeetnoff's assistance as we plan the next
phase of exploration at the Irene showing and other target
zones."
Mr. Zbeetnoff commented,
"Northern Freegold has a good inventory of early and mid-stage
high-grade gold exploration targets, as well as a significant
gold-copper resource base in advanced-stage bulk tonnage deposits.
The Company has good potential for resource expansion. Northern
Freegold has an excellent asset base and is assembling an
experienced exploration and development advisory board to offer
guidance in these difficult market conditions. I am pleased to join
Northern Freegold's advisory board and look forward to working with
the team to advance their projects."
About
John Zbeetnoff
Mr.
Zbeetnoff, P. Geo., has been involved with all aspects of
exploration, from grass roots work to development programs, for
more than 26 years. He has been integral to advancing numerous
exploration projects which later went into production. Mr.
Zbeetnoff was the Chief Geologist for Loki Gold, working on their
final two exploration programs at Brewery Creek prior to
production, and was also the Chief Geologist for Brett Resources,
right up to the transfer of responsibility to Osisko Mining Corp.
Prior to opening for production, Mr. Zbeetnoff completed a large
scale resource advancement of the Segala Deposit in Mali, West
Africa and in the 1980s and early 1990s he carried out several
phases of advanced exploration in four base metal deposits for
Curragh Resources, just prior to production. Starting in 2004, Mr.
Zbeetnoff completed geological modeling and resource work on
Miramar Mining's Hope Bay project, which culminated in the 1.5
billion dollar sale of Hope Bay to Newmont in 2007. Mr. Zbeetnoff
is presently serving as Chief Executive Officer and a Director of
SnipGold Corp.
Freegold Mountain Update
In other news, the
Company is pleased to report that as a result of assessment credits
from the 2013 Freegold exploration program there are no further
assessment commitments until at least 2023.
About
Northern Freegold
Northern Freegold
Resources Ltd. (TSX.V: NFR; OTCQX: NFRGF) trades in Canada on the
TSX Venture Exchange under the symbol "NFR" and in the United
States on the OTCQX under the symbol "NFRGF". Northern Freegold is
a growth oriented Canadian-based precious metals exploration and
development company. Northern Freegold is focused on creating value
through the advancement of the district scale Freegold Mountain
project, which hosts one of the largest undeveloped gold and copper
resources in the Yukon and the Burro Creek gold and silver property
in Arizona. For maps and more information, please visit our
website www.northernfreegold.com
On
behalf of the Board of Directors
Signed "John
Burges"
John
Burges, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary Note Regarding
Forward-Looking Statements The information in this press release includes
certain "forward-looking statements". All statements, other than
statements of historical fact, included herein including, without
limitation, plans for and intentions with respect to the company's
properties, strategic alternatives, quantity of resources or
reserves, timing of permitting, construction and production and
other milestones, are forward looking statements. Statements
concerning Mineral Reserves and Mineral Resources are also
forward-looking statements in that they reflect an assessment,
based on certain assumptions, of the mineralization that would be
encountered and mining results if the project were developed and
mined in the manner described. Forward-looking statements involve
various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and
future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from NFR's expectations include the
uncertainties involving the need for additional financing to
explore and develop properties and availability of financing in the
debt and capital markets; uncertainties involved in the
interpretation of drilling results and geological testing and the
estimation of reserves and resources; the need for cooperation of
government agencies and First Nations groups in the exploration,
and development of properties; and the need to obtain permits and
governmental approval. NFR's forward looking statements reflect the
beliefs, opinions and projections of management on the date the
statements are made. NFR assumes no obligation to update the
forward looking statements if management's beliefs, opinions,
projections, or other factors should change.
SOURCE: Northern Freegold Resources Ltd.
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