North Bergen, New Jersey 10/15/2009 1:55:00 AM
News / Business

Northgate Minerals Corporation (AMEX:NXG) Report Drill Results from Young-Davidson Project

Northgate Minerals Corporation (AMEX: NXG) has reported drill results for 29 shallow diamond drill holes totaling 2,424 metres. The drill holes are located at the company's wholly owned Young Davidson project near the town of Matechewan in Ontario. The drilling took place on the property directly east of the current ore reserve which was operated by Matechewan Consolidated from 1934-1954. Several points of intersection were 7.6 g/t gold over 13.5meters, 13.8 g/t gold over 2.0m, 7.1 g/t gold over 3.8m, and 1.9 g/t gold over 36.1m.The purpose of this drill program was to assess the potential for high grade gold mineralization within 50m of the surface.

 

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About Northgate

Northgate is a gold and copper producer with mining operations, development projects and exploration properties in Canada and Australia. Northgate is forecasting record gold production of approximately 380,000 ounces in 2009 and is targeting growth through further acquisition opportunities in stable mining jurisdictions around the world. Northgate is listed on the TSX under the symbol NGX and on the NYSE Amex under the symbol NXG.

 

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