September 2, 2010
NORTHERN GOLD INTERSECTS 26.75 METERS AT 1.5 g/t AU, 43 METERS AT 1.0 g/t AU AND 7 METERS AT 2.7 g/t AU ON CURRENT IN-FILL DRILL PROGRAM
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August 4, 2010
Northern Gold Hits 32.5 Meters of 1.6 g/t Gold, 14 Meters of 3.1 g/t and 1 Meter of 16.7 g/t at Garrcon Project
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Northern Gold Mining Inc. is a junior resource company
based in Toronto, Ontario and dedicated to gold exploration in the proven
mining camps of Northern Ontario. The goal of our experienced and highly
skilled team is to maximize shareholder value through focused exploration
and aggressive testing of high quality targets.
Our current focus is the Garrison gold property,
thirty-five patented claims in Garrison Township approximately 40
kilometres north of Kirkland Lake and 100 kilometres east of Timmins,
Ontario. Northern Gold Mining Inc. is in the first year of an option
agreement under which it can earn up to an 80% interest in the Garrison
gold property from ValGold Resources Ltd. ("ValGold", TSX-V: VAL).
We recently completed our initial drill progam on the
Garrison gold property. Eleven diamond drill holes totaling 2,333 metres
were completed as a first step towards developing a resource calculation
for the Garrcon Zone. Multiple occurrences of visible gold were observed
as fine disseminations in ten of the eleven holes drilled. A NI 43-101
technical report filed on SEDAR by Northern Gold suggests that the Garrcon
Zone has the potential to host a bulk tonnage target of up to 30 million
tonnes ranging in grade from 1 to 3 grams per tonne gold. In addition, the
Garrison gold property contains an indicated resource of 253,100 tonnes
grading 7.77 grams per tonne gold (63,200 ounces) and an inferred resource
of 1,555,800 tonnes grading 4.93 grams per tonne gold (246,540 ounces),
according to a NI 43-101 technical report filed by Northern Gold on SEDAR
on 21 October 2009.
Northern Gold is also developing properties in two areas of Kirkland Lake, Ontario: the Benoit Property and Kirana Claims. Located in one of Canada's most prolific mining regions, these properties include drill ready targets and a large grass roots exploration package.
