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Exploration Update and Discontinuation of OTCQX Trading

Friday, 25 July 2014 04:30 PM

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Vancouver, BC / ACCESSWIRE / July 25, 2014 / Northern Freegold Resources Ltd. (NFR: TSX-V, NFRGF: OTCQX) (the "Company") is providing an exploration update on the Freegold Mountain project, as outlined in the press release dated June 19, 2014. The geophysical component of the program has been completed. Prospecting, mapping and trenching work is ongoing. Further updates on the exploration program will be provided as results are received.

The Company also announces that it will no longer continue trading on the OTCQX International. Effective August 1, 2014, the shares of the Company will discontinue trading on the OTCQX. This decision has been made following a review of OTCQX trading volumes and as a part of the Company's continued cost cutting measures. The Company's shares will continue trading on the TSX Venture and the Frankfurt Stock Exchange.

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 and the Burro Creek gold and silver property in Arizona. For maps and more information, please visit our website http://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.

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