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NFR Northern Freegold Resources Ltd

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Share Name Share Symbol Market Type
Northern Freegold Resources Ltd TSXV:NFR TSX Venture Common Stock
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Northern Freegold Invests in Business with Yukon First Nations Project 2010 Team

11/02/2010 7:00pm

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Northern Freegold Resour... (TSXV:NFR)
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Northern Freegold Resources Ltd. (TSX VENTURE: NFR) is pleased to announce that it is a Shared Title Sponsor with Western Copper Corporation of the "Yukon First Nation Business Showcase & Development Program", which is part of Project YFN 2010. Project YFN 2010 is a tremendous people and project development story that will take 70 Yukon First Nations artists and entrepreneurs to the world stage in Vancouver in February 2010.

The YFN 2010 Program entitled "YFN Business Showcase & Development Program" includes marketing support, mentoring opportunities, a showcase in the Four Host First Nations Aboriginal Pavilion in Vancouver, British Columbia for the month of February 2010 and legacy initiatives. In partnership with Yukon First Nations Development Corporations and organizations, Project YFN will identify mentoring and on-the-job training opportunities for YFN youth and facilitate legacy discussions between industry and the YFN 2010 team.

"As Yukoners, we are proud of the entrepreneurial spirit of Yukon First Nations. Northern Freegold is supporting this program so that the rest of the world will get to see the bright future of the Yukon," comments Susan Craig, President & CEO of NFR.

In a Project YFN 2010 news release dated February 8, 2010, Council of Yukon First Nations Grand Chief, Andy Carvill said, "These two companies have joined forces to invest in our future. The Business Showcase includes so many elements for successful business growth - now and in the future - and we are delighted that our entrepreneurs will have opportunities to work with Western Copper Corporation and Northern Freegold Resources Ltd."

In addition to corporate sponsorship, Project YFN 2010 is supported by the Canadian Northern Economic Development Agency (CanNor) and the Yukon Government. Further information, including the schedule of events in Vancouver in February 2010, is available at www.yfn2010.org.

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.

Northern Freegold Resources Ltd.

On behalf of the Board of Directors

Susan Craig, President & CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Northern Freegold Resources Ltd. Debbie James Investor Relations Manager 877-893-8757 or 604-893-8757 604-893-8758 (FAX) www.northernfreegold.com

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