Northern Freegold Appoints John Zbeetnoff to its Advisory Board


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PK:NFRGF / TSX.V:NFR
05/05/2014 [ACCESSWIRE]

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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