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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: tyc:> who wrote (17123)8/18/2003 9:11:32 PM
From: dara  Read Replies (3) | Respond to of 39344
 
NGX drill results ... Any comments?

VANCOUVER, BRITISH COLUMBIA--Northgate Exploration Limited (NGX - TSX and NXG - AMEX), and StrataGold Corporation, a subsidiary of Expatriate Resources Ltd (EXR - TSX Venture), are pleased to announce results from holes 1 through 4 of the Phase 1 drilling on the Hyland property 70 kilometres (km) northeast of Watson Lake, Yukon. In addition, Northgate has informed StrataGold that it wishes to proceed with a Phase 2 drill program immediately. The Phase 1 drill program consisted of 1,430 metres (m) of diamond drilling in a total of 7 drill holes in 6 target areas over 1,600m of strike length. The Hyland property has the potential to host a large tonnage, sediment-hosted gold deposit that is similar to the multi-million ounce deposits in the Carlin District in Nevada and the Telfer-type deposits in Australia.

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