Press Release
Vancouver, BC: December 17, 2014. Northern Freegold Resources Ltd. (NFR: TSX-V) announces that as a result of a review by the British Columbia Securities Commission (“BCSC”), we are issuing the following news release to clarify our technical disclosure.
The Company’s corporate presentation entitled “Significant Gold/Copper Resources in Yukon & Arizona. Corporate Presentation 2014” contained statements that did not comply with the requirements of National Instrument 43-101, including:
The Company has removed the corporate presentation from its website. An updated presentation will be posted in the near future that will correct the deficiencies noted above.
In addition, the Company previously filed a technical report entitled “Golden Revenue Property, Freegold Mountain Project, Yukon, Canada, Preliminary Economic Assessment, April 9, 2013”. The report, as filed, does not comply with certain requirements of NI 43-101 and investors should not rely upon the results of the preliminary economic assessment (PEA) until a compliant technical report is filed. The Company is working to file an amended technical report on the project that complies with the requirements of NI 43-101.
The Company has been placed on the BCSC’s “Defaulting Issuer List” until the deficiencies are remedied.
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 “Paul Reynolds”
Paul Reynolds, President
IBF2
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