President of Northern Freegold Resources Steps Down
17 September 2011 - 8:00AM
Marketwired
The Board of Directors of Northern Freegold Resources Ltd. (the
"Company") (TSX VENTURE: NFR)(OTCBB: NFRGF)(FRANKFURT: 8NG)
announces today that it has accepted the resignation of Ms. Susan
Craig, M.Sc., P.Geo. as President of the Company. Ms. Craig will
continue to be on the Board of Directors and provide her expertise
including liaising on technical, environmental, and socio-economic
issues regarding industry developments.
Mr. John Anderson, Chairman, commented: "On behalf of the Board
of Directors and Shareholders, we would like to thank Ms. Craig for
her invaluable contributions to the development of the Freegold
Mountain project. The project continues to grow and we are
confident that we will find a successor that can lead the project
to the next level of expansion."
Mr. Tim Termuende, Interim CEO, added: "I would like to thank
Ms. Craig for her tireless work and significant contributions to
the Company since its inception. We wish her well in her future
endeavors."
Mr. Termuende will assume the responsibilities of Interim
President in addition to his current role as Interim CEO.
About Northern Freegold:
Northern Freegold is a well financed rapidly advancing
Canadian-based precious metals exploration and development company,
which brings local 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.
On behalf of the Board of Directors
Tim Termuende, P. Geo., Interim President and CEO
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, statements
regarding intentions with respect to obligations due for various
projects, 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 tests and the
estimation of reserves and resources; the need for cooperation of
government agencies and First Nation 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 they change.
Neither 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.
Contacts: Northern Freegold Resources Ltd. Julie Hajduk Investor
Relations Manager Toll Free: 1.877.893.8757 or 604.893.8757
604.893.8758 (FAX) www.northernfreegold.com
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