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NTGSF Northern Tiger Resources Inc featured news, full reports, and detailed charts

Northern Tiger Resources Inc (NTGSF/NTGSF.PK) Wrap Up:

Northern Tiger Resources Inc. engages in the exploration and mining of gold and silver. It operates the Sonora Gulch gold-silver project in the Yukon. The company is based in Canada. Northern Tiger Resources Inc. was formerly a subsidiary of Firestone Ventures Inc. Northern Tiger Resources Inc. operates independently of Firestone Ventures Inc. as of June 27, 2008.
www.northern-tiger.com

Northern Tiger Resources Inc (NTGSF:Pink OTC Markets Inc)

LAST $0.09 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 17, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Northern Tiger Resources Inc (NTGSF)

OPEN
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PREVIOUS CLOSE
$0.09
DAY HIGH
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DAY LOW
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52 WEEK HIGH
06/11/09 - $0.27
52 WEEK LOW
03/5/09 - $0.05
MARKET CAP
4.0M
AVERAGE VOLUME 3 mo
1.8K
DILUTED EPS TTM
--
SHARES OUTSTANDING
47.2M
NTGSF Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

NTGSF Top Compensated Officers

Mr. Greg Hayes C.A.
Chief Executive Officer, President and Direct...
Total Annual Compensation: C$54.9K
Mr. Darcy Ogrodnick
Chief Financial Officer
Total Annual Compensation: C$10.5K

Executives, Board Directors

Compensation as of Fiscal Year 2009.

Key developments for Northern Tiger Resources Inc (NTGSF)

Northern Tiger Resources Inc. Announces 2009 Sonora Gulch Drill Results

Northern Tiger Resources Inc. announced that all assay results from the 2009 diamond drilling program on the company's 100% owned Sonora Gulch gold-silver-copper property in Yukon Territory, Canada have been received. These include a 0.5 meter intercept grading 63.8 g/t (1.85 oz/ton) gold and a separate 0.8-metre intercept returning 3,290 g/t (95.2 oz/ton) silver. All eleven of the holes completed in the Nightmusic Zone intercepted varying degrees of gold mineralization within large zones of strongly sheared and/or altered sulphide-enriched material. The Nightmusic Zone represents only one of several compelling gold geochemical targets on the Sonora Gulch property. Sonora Gulch continues to demonstrate significant exploration potential due to the apparent size of the system, multiple styles of gold mineralization, and the presence of angular placer gold-tellurium nuggets on the property. Holes SG-09-33 through SG-09-36 was drilled to test the western extension of mineralization encountered in last year's hole SG-08-27. Holes SG-09-33 and SG-09-34 were collared about 30 meters west-northwest of SG-08-27, and holes SG-09-35 and SG-09-36 were collared about 130 meters west-northwest of SG-08-27. Holes SG-09-38 and SG-09-39 were drilled to test the intersection of the northwest trending Big Creek Fault with the east-west trending Nightmusic Zone. They were collared 135 meters west-northwest of hole SG-08-27. Hole SG-90-43, collared about 450 meters east-southeast of SG-08-27, encountered mineralization consisting of the two styles discussed above, and also including zinc skarn with gold and silver values and a separate interval of quartz-arsenopyrite veining containing significant gold and silver values.

Northern Tiger Resources Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended July 31, 2009

Northern Tiger Resources Inc. reported unaudited earnings results for the second quarter and six months ended July 31, 2009. For the quarter, the company reported net loss and comprehensive loss of CAD 95,188 or CAD 0.002 per basic and diluted share compared to net loss and comprehensive loss of CAD 419,148 or CAD 0.042 per basic and diluted share for the same quarter a year ago. Loss before income tax was CAD 119,718 compared to CAD 419,148 for the same quarter a year ago. Net cash used in operating activities was CAD 130,621and acquisition and exploration of mineral properties was CAD 565,020 compared to net cash used in operating activities of CAD 112,004 and acquisition and exploration of mineral properties was CAD 953,727 for the same quarter a year ago. For the six months, the company reported net income and comprehensive income of CAD 23,476 or CAD 0.001 per basic and diluted share. Net cash used in operating activities was CAD 225,807 and acquisition and exploration of mineral properties was CAD 701,508.

Northern Tiger Resources Completes Dawson Range Drill Program and Geophysical Surveys

Northern Tiger Resources Inc. announced that it has completed the expanded 2009 drill program at its Sonora Gulch gold-silver-copper property. In addition, a 1,437 line-kilometre airborne geophysical survey was completed over most of the company's Dawson Range properties, and ground magnetic and Induced Polarization (IP) surveys were completed over a potential Minto-style target on the company's DAD property. Northern Tiger drilled 12 diamond drill holes totalling 2,455 metres during the 2009 exploration season. The program focused on the Nightmusic Zone, where 2008 drilling returned a 26.6 metre intercept grading 4.96 g/t gold, 11.9 g/t silver and 0.23% copper. The company's drilling contractor, Kluane Drilling Ltd., completed 11 of the drill holes to an average depth of 216 metres, while one of the holes was abandoned at a depth of 74 metres due to difficult drilling conditions. Northern Tiger also completed extensive surface exploration work at Sonora Gulch, including property-wide soil sampling, rock sampling, geological mapping, and prospecting.

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Industry Analysis

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Price/Book 0.6x
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NTGSF

NTGSF transactions

Type
Date
Target
Private Placement
August 17, 2009
--
Merger/Acquisition
July 28, 2009
Korat and Birman Properties

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