Denver Gold Group > Member Company Profile > Northern Freegold Resources


Address

Suite 900, 475 Howe Street
Vancouver, BC V6C 2B3
Canada


Value Drivers

  • New management
  • Low valuation
  • District scale system
  • Existing deposits open in all directions
  • Commenced detailed metallurgical work with SGS

Management

Chairman: John Anderson
CEO/President/MD:  John Burges
Other Key Staff: Al Armitage, Geol. QP
Tim Termuende, Director
Bill Harris, Founder
Marco Straub, Director

IR Contact

Julie Hajduk
(604) 893-8757

www.northernfreegold.com


Cautionary Information

© Copyright 2012, Denver Gold Group & Northern Freegold Resources.

Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

 

Northern Freegold Resources

Toronto Venture Exchange : NFR

Last Updated: March 28, 2012


Status: Explorer
Primary Mineral: Gold
Secondary Mineral: Copper
Primary Country of Operation: Canada

Northern Freegold Resources Ltd. (OTCQX: NFRGF; TSX.V: NFR) trades in the United States on OTCQX under the symbol “NFRGF”, and in Canada on the TSX Venture under the symbol “NFR”. Northern Freegold is a well-financed, rapidly advancing Canadian-based precious metals exploration and development company. Northern Freegold brings wide-ranging expertise and strong management to focus on the development of economic mineral resources on the district-scale Freegold Mountain gold and copper project in the Yukon and the Burro Creek gold and silver property in Arizona. Management believes its Freegold Mountain Project is part of a large scale gold-rich porphyry system, which extends in an east-west direction for more than 8km. The system shows the same geological characteristics to other porphyry deposits in the region which host multi-million ounce gold resources and reserves with multi-billion pound copper resources.


Other Markets Traded On

OTCQX: NFRGF, Frankfurt: 8N6


Top Shareholders

  • RBC Global Precious Metals Fund
  • Sprott Asset Management
  • Sun Valley Gold Fund
  • Kluane Drilling
  • Bill Harris, Director

Capital Structure

Common Shares Outstanding: 111,545,219
Float (%): 80
Fully Diluted Shares: 111,545,219

Stock as of April 24, 2012

  Local: CAD USD
Stock Price: 0.17 0.17
52-Week Range: 0.1650 - 0.3700 0.17 - 0.37
Market Cap: 19 MM 19 MM
Fully Diluted Market Cap: 19 MM 19 MM
1-Year Return: -47.69%