Northland Reports Barsele Drill Results, Identifies High Grade
Gold + Base Metal Zone
Vancouver, March 21, 2007: Buck Morrow, President of Northland
Resources Inc. (TSXV:NAU) ("Northland") is pleased to announce gold
results from 17 diamond drill holes at the Central Zone of the Barsele
gold project in central Sweden. The results continue to demonstrate
broad intervals of >1g/t Au within the Central Zone and have begun to
outline a new zone of high-grade gold-with-base-metal mineralization
(holes 012 and 020) adjacent to and outside of the mineralized
intrusive that hosts the Central Zone gold system. Highlights of the
drilling include:
Hole 06018 3.8g/t Au + 68g/t Ag over 9m from 22m downhole
And 2.9g/t Au over 22.9m from 80m down hole
Hole 06012
12.0g/t Au + 500g/t Ag +5.1% Pb + 2.8% Zn over 5m, from 24m downhole.
Hole 06006
1.2g/t Au over 80.4m from 89.2m down hole
Hole 06014
2.0g/t Au over 12m from 49m down hole.
Hole 06020
6.6g/t Au + 1.8% Zn over 4m from 39m down hole
A map showing the collar locations of the most recent drill holes will
be posted shortly on the Northland website
(www.northlandresourcesinc.com) and a full table of results is given
below.
Drill holes 06006 and 007 were in-fill holes to expand the resource and
convert inferred resources to the indicated category. Drill holes 06008
to 06016 were drilled largely on the northern fringe of the Central
Zone to increase the total resource in inferred category. The results
will be incorporated into a new resource estimate later this year.
Holes 06017 to 06021, drilled in December 2006, were designed to
establish the geometry and continuity of the base metal rich zone
identified in holes 06012 and 06020. This was discovered after drilling
tested a prominent geophysical anomaly on the northwestern end of the
Central Zone. The structure has been traced from regional geophysics
and from research into historic drilling for approximately 4,000m
although the dip extent is currently unknown. Archival research has
highlighted at least 5 additional historic holes which appear to have
cut the same zone (see table below) including hole 90727 which returned
14.7g/t Au + 1.6 % Zn + 114.7 g/t Ag over 9m from 21m down hole. The
reader is cautioned that these are historic results and Northland has
not yet completed sufficient work to confirm the historic assays.
Therefore they cannot be relied upon.
Table 1. Historic drill holes which cut gold+base metal mineralization
at Barsele
Hole No. From To Length Au Ag Pb Zn
(m) (m) (m) (g/t) (g/t) (%) (%)
90D002 66.0 68.0 2.0 25.8 82.2 0.5 1.7
94D102 25.0 29.0 4.0 10.4 14.3 0.3 Tr
90727 21.0 30.0 9.0 14.7 114.7 0.8 1.6
DDH0406 19.9 36.5 16.6 5.0 98.5 0.7 1.6
DDH0409 8.6 9.6 1.0 13.9 41.6 0.6 Tr
The mineralization appears to be an "orogenic" style gold-base
metal-quartz shear or vein. Gold grades are high, associated with
multi-ounces per tonne silver and elevated base metals. Given its
significantly higher gold grades relative to the main Barsele resource,
Northland's geologists currently believe it has potential to add
additional gold resources. Northland's archival research is continuing
with the specific objective of looking for additional historic holes
that may have cut this zone, and additional geophysics and drilling are
planned to further delineate this zone of high grade gold + base metal
mineralization. Historic results will be released when Northland has
completed its reinterpretation of the data.
Environmental Impact Assessment / Conversion to Exploitation Concession
Northland has submitted its preliminary environmental impact study
(known as an MKB) to the County Administration Board (CAB) as part of
the process to convert the Barsele exploration concession to an
exploitation concession. The CAB has responded to Northland's
environmental consultants with a first round of questions regarding
clarification of certain aspects of the MKB, specifically the possible
location and design of the tailings dam, impacts on drinking water
wells, and further information on the potential impact on flora and
fauna. Northland expects that there will be additional rounds of
questions from the CAB before the MKB is finalised.
NI43-101 Compliance
Vance V. Thornsberry, P.Geol., Vice President of Exploration for
Northland Resources, is the Qualified Person as defined in NI43-101,
responsible for overseeing the design and execution of the Barsele
exploration program and is responsible for ensuring the accuracy of
this release.
ALS Chemex Sweden AB, of Pitea, Sweden was responsible for sample
preparation and shipment of sample pulps to Vancouver for analysis. ALS
Chemex of Vancouver, Canada, using international standards ISO
9001:2000 and ISO 17025:1999 has completed and certified all of
Northland Resources' analytical work for the Barsele Project Sweden.
Gold analysis was performed using fire assay with an atomic absorption
finish "Au-AA26, Ore Grade Au 50g FA-AA finish". In addition to Chemex
internal sample preparation and assay QC protocol, Northland maintains
a rigorous quality control program consisting of inserting blanks,
duplicates and certified standards to the analytical process.
Background
Northland Resources Inc. is a well-structured, debt free junior
exploration company with a portfolio of high quality iron, gold, and
base metal exploration projects in Sweden and Finland.
ON BEHALF OF THE BOARD
"Buck Morrow"
NORTHLAND RESOURCES INC.
The TSX Venture Exchange has not reviewed and does not take
responsibility for the accuracy of this release.
CONTACT INFORMATION
Northland Resources Inc.
Buck Morrow, President
Ralph Rushton, Investor Relations
Toll Free: 1-866-719-8962
www.northlandresourcesinc.com
NewsBlast Sign-Up
StockHouse NewsBlast: Receive company sponsored news and information via email.
keyword:
CRACKER
|
