Northgate Minerals Corp
SymbolNGX
Shares Issued290,340,417
Close 2009-10-13C$ 2.94
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Northgate drills 13.5 m of 7.6 g/t Au at Young-Davidson

2009-10-14 04:35 ET - News Release

Ms. Keren Yun reports

NORTHGATE MINERALS ANNOUNCES DIAMOND DRILL RESULTS ADJACENT TO ESTABLISHED RESERVES ON THE YOUNG-DAVIDSON PROPERTY

Northgate Minerals Corp. has released drill results for 29 shallow diamond drill holes totalling 2,424 metres at its 100-per-cent-owned Young-Davidson project near the town of Matachewan in Northern Ontario. Drilling took place on Northgate's Young-Davidson property immediately east of the current ore reserve in and around historic mine workings, which was operated by Matachewan Consolidated during the mid-1900s (1934 to 1954).

Drill highlights:

  • Hole YD09-120, beyond the eastern limit of historic mining, intersected 7.6 grams per tonne (g/t) gold over 13.5 metres.
  • Hole YD09-114, south of historic mining, intersected 13.8 g/t gold over two metres and 7.1 g/t gold over 3.8 metres.
  • Holes YD09-132, within historic near-surface workings, intersected 1.9 g/t gold over 36.1 metres, including seven g/t over five metres.

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