UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF
FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2004.
Northgate Minerals Corporation |
(Translation of registrant's name into English) |
815 Hornby Street, Suite 404 |
Vancouver, British Columbia |
Canada V6Z 2E6 |
(Address of principal executive offices) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 401-F:
Form 20-F Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_____________
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.
Registrant: | ||
Northgate Minerals Corporation | ||
Date: October 18, 2004. | ||
(signed) | ||
Jon Douglas | ||
Chief Financial Officer |
Joint News Release
Northgate Reports 2004 Brenda Gold-Copper Project Drill
Results
and Terminates Option and JV Agreement
VANCOUVER, October 18, 2004
- Canasil Resources Inc. (Canasil, TSXV: CLZ) and Northgate Minerals Corporation (Northgate, TSX: NGX; AMEX: NXG) announce the results of the 2004 drill program at the Brenda Gold-Copper project, located in the Kemess - Toodoggone district in north central British Columbia, Canada. Five drill holes were completed for a total of 1,446 metres between July and September 2004. These holes tested the northern and southern extensions, along strike and at depth, of mineralized zones observed in the 2003 drill program in the White Pass zone.Significant results from the drill program are noted below and a map showing drill collar locations is attached:
Final | From | To | Au | Cu | ||||
Hole # | NAD83_N | NAD83_E | Depth m | m | m | Core Length m | gpt* | % |
BR-04-10 | 6347906 | 628490 | 353.6 | 91.4 | 251 | 159.6 | 0.411 | 0.038 |
263 | 346 | 83 | 0.496 | 0.021 | ||||
Including: | 331 | 346 | 15 | 0.888 | 0.032 | |||
BR-04-11 | 6347504 | 628414 | 128 | Abandoned due to adverse ground - No significant assays | ||||
BR-04-12 | 6347518 | 628602 | 225.6 | 65.5 | 103.6 | 38.1 | 0.362 | 0.091 |
108.2 | 128 | 19.8 | 0.539 | 0.080 | ||||
131.1 | 144.8 | 13.7 | 0.346 | 0.097 | ||||
153.9 | 169.2 | 15.3 | 0.285 | 0.072 | ||||
BR-04-13 | 6347850 | 628680 | 287.4 | 18.3 | 35.1 | 16.8 | 0.141 | 0.032 |
42.7 | 64 | 21.3 | 0.122 | 0.033 | ||||
79.2 | 97.1 | 17.9 | 0.120 | 0.038 | ||||
191 | 235 | 44 | 0.145 | 0.014 | ||||
BR-04-14 | 6348006 | 628426 | 451.1 | 142 | 156 | 14 | 0.601 | 0.017 |
343.1 | 448 | 104.9 | 0.399 | 0.031 | ||||
Including: | 418.4 | 442 | 23.6 | 0.755 | 0.029 |
* For Composite calculations underlimits assays (<0.005 g/t) have been assigned the value 0.002 g/t
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The mineralized intersections observed in drilling to date
confirm that significant gold bearing mineralization occurs in the White Pass
zone over the tested strike length of 520 metres and to a depth of 451 metres.
Gold mineralization is reasonably evenly distributed and averages in the range
of 0.4 - 0.5 g/t Au. However the degree of intrusive dilution, the overall
grades and structural dissection appear to present challenges for development of
an economic open-pit ore deposit in the area tested at the White Pass zone. As a
result Northgate has terminated the option and joint venture agreement signed
with Canasil on July 31, 2002, for the Brenda project. The Brenda property claims are currently in good standing to
May 2014. Canasil will review the detailed results and recommendations from
Northgate for further exploration and development of the property in order to
evaluate and pursue future opportunities for continued exploration of the Brenda
project. The BRENDA property comprises 178 mineral claim units,
covering 44.0 square kilometres, and is situated approximately 25 km northwest
of Northgate's Kemess South Mine in the core of the Kemess - Toodoggone porphyry
gold-copper / epithermal district. The results of the 2004 program have been reviewed, verified
and compiled by Northgate's geological staff, that includes a qualified person,
Carl Edmunds, P. Geo. for the purpose of National Instrument 43-101. Northgate
employs a rigorous quality control, quality assurance program. Assays for the
program were completed at ALS Chemex in North Vancouver, B.C. About Northgate: Northgate Minerals Corporation is a gold and copper mining
company focused on operations and opportunities in the Americas. The
Corporation's principal assets are the 300,000-ounce per year Kemess mine in
north-central British Columbia and the adjacent Kemess North deposit, which
contains a Proven and Probable Reserve of 4.1 million ounces of gold. Northgate
is listed on the Toronto Stock Exchange under the symbol NGX and on the American
Stock Exchange under the symbol NXG. About Canasil: Canasil is a Canadian-based mining and mineral exploration
company with interests in base and precious metal properties in British
Columbia, Canada, and Durango State, Mexico. The Company is reviewing a number
of other gold and silver properties in Mexico. The management team is focused on
identifying and implementing strategies to increase the value of the Company's
mineral properties through cost effective and responsible development. ******** The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of the content of this news release. Forward-Looking Statements
This press release includes certain "forward-looking statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. These forward-looking statements include estimates, forecasts, and statements as to management's expectations with respect to, among other things, future metal production and production costs, potential mineralization and reserves, exploration results, progress in the development of mineral properties, demand and market outlook for commodities and future plans and objectives of Northgate Minerals Corporation (Northgate). Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," or "continue" or the negative thereof or variations thereon or similar terminology. Forward-looking statements are necessarily
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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. 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 Northgate's expectations are disclosed under the heading "Risk
Factors" in Northgate's 2003 Annual Report and under the heading "Trends, Risks
and Uncertainties" in Northgate's 2003 Annual Information Form (AIF) both of
which are filed with Canadian regulators on SEDAR (www.sedar.com) and with the
United States Securities and Exchange Commission (www.sec.gov). Northgate
expressly disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information, future events
or otherwise
Contacts:
For further information, please contact:
Mr. Bahman Yamini | Mr. Ken G. Stowe |
President and CEO | President and CEO |
Canasil Resources Inc. | Northgate Minerals Corporation |
604-709-0109 | 416-216-2772 |
www.canasil.com | www.northgateminerals.com |
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