PRESS RELEASES
Northern Gold Confirms Garrcon Deposit Open at Depth with Significant Gold Values
May 9, 2012TORONTO, ONTARIO--(Marketwire - May 9, 2012) - NORTHERN GOLD MINING INC. (TSX VENTURE:NGM) ("Northern Gold" or the "Company") today announced drill results from 11 infill diamond drill holes on its 100% owned Garrison Gold Property located 100 km east of Timmins, ON. These 11 holes, totalling 4,303 meters of drilling, confirm that the Garrcon Deposit is open at depth with significant and continuous gold mineralization.
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Northern Gold Increases Garrcon Deposit Resource Estimate 77%
April 19, 2012Northern Gold Mining Inc. ("Northern Gold" or "the Company") announces the results of an updated resource estimate for its Garrcon Deposit, including the first Measured resource for the deposit. This NI 43-101 report, independently prepared by A.C.A. Howe International Limited ("Howe") of Toronto, Ontario, determined that at the Garrcon Gold Deposit
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Northern Gold Continues to Intersect Gold at Depth in Known and New Zones
April 3, 2012TORONTO, Tuesday April 3rd, 2012 – NORTHERN GOLD MINING INC. (TSX-V: NGM)
(“Northern Gold” or the “Company”) today announced drill results from 18 additional
diamond drill holes including 2 drill hole extensions. These recent holes total 9,744 meters
of drilling and are part of the total 42,632 meters of drilling conducted in 2011 on its 100%
owned Garrison Gold Property, 100 km east of Timmins, ON.
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Northern Gold Announces New High-Grade Drilling Intercepts Together With Discovery of New Zone
March 2, 2012TORONTO, ONTARIO--(Marketwire - March 2, 2012) - NORTHERN GOLD MINING INC. (TSX VENTURE:NGM) ("Northern Gold" or the "Company") today announced several high-grade and significant interval gold assay results from diamond drill holes. Northern Gold also announced the discovery of an apparent new zone, referred to as the Green Zone, near the north boundary of its Garrcon Gold Deposit on its Garrison Gold Property.
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Northern Gold Continues to Increase the Strike Length of Mineralization at its Garrcon Deposit
February 7, 2012TORONTO, February 7, 2012– NORTHERN GOLD MINING INC. (TSX-V:NGM) (“Northern Gold” or the “Company”) today announced gold assay results for eight additional diamond drill holes, totalling 2,800 meters of drilling, from its 2011 exploration program and extending the strike length of known mineralization to 1.1 km on its Garrcon Deposit. Assays results to date are from the total 42,385 meter drilling program in 2011 on the 100% owned Garrison Gold Property, 100km east of Timmins, ON.
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Northern Gold Raises over $3.8M Through the Exercise of Warrants Issued Pursuant to a $2,500,500 Previous Private Placement
February 3, 2012Toronto, Ontario – February 3rd, 2012: Northern Gold Mining Inc. (“Northern Gold” or the “Company”) (TSX-V: NGM) announces that since issue 25,074,270 warrants have been exercised for gross proceeds of $3,862,700.
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Update - Northern Gold Stepout Drilling Increases the Strike Length of Mineralization by 25% at its Garrcon Deposit
January 31, 2012This document corrects and replaces the press release that was sent on January 26 at 8:45 AM EST. The error occurred in Table 1, in the line starting with GAR -11-114 where there was a change from 448.6 (449) meters (interval 421.6m) @ 0.69 g/t to @ 0.73 g/t.
TORONTO, January 31st, 2012– NORTHERN GOLD MINING INC. (TSX-V:NGM) (“Northern Gold” or “the Company”) today announced assay results for six additional diamond drill holes, totalling 2,368 meters of drilling, from its 2011 exploration program at the Garrcon Deposit which is located on the 100% owned Garrison Gold Property, 100 Km east of Timmins, ON.
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Northern Gold Stepout Drilling Increases the Strike Length of Mineralization by 25% at its Garrcon Deposit
January 26, 2012TORONTO, ONTARIO--(Marketwire - Jan. 26, 2012) - NORTHERN GOLD MINING INC. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") today announced assay results for six additional diamond drill holes, totalling 2,368 meters of drilling, from its 2011 exploration program at the Garrcon Deposit which is located on the 100% owned Garrison Gold Property, 100 Km east of Timmins, ON.
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Northern Gold and Neighbouring Wahgoshig First Nation Move Forward on Flagship Garrison Gold Property
January 20, 2012January 20th, 2012 (TORONTO, ONTARIO) – Northern Gold Mining Inc. (TSX-V: NGM) (“Northern Gold” or “the Company”) and the Wahgoshig First Nation (“Wahgoshig”) jointly announced today that both parties are pleased with the cooperation and working relationship that has grown and developed since Northern Gold began working on the Garrison Gold Property.
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Northern Gold Announces Appointment of Nuno Brandolini to its Board of Directors
January 19, 2012January 19, 2012 (TORONTO, ONTARIO) – Northern Gold Mining Inc. (TSX-V: NGM)(“Northern Gold” or “the Company”) is pleased to welcome Mr. Nuno Brandolini to the Board of Directors, effective January 16, 2012, bringing the total number of directors to six.
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Northern Gold Reports New Drill Results Confirming Mineralization at Depth
January 17, 2012TORONTO, January 17th, 2012/MW/ – NORTHERN GOLD MINING INC. (TSX-V:NGM) (“Northern Gold” or “the Company”) today announced assay results for seven additional diamond drill holes totalling 2,427 meters of drilling from its 2011 exploration program at the Garrcon Deposit which is located on the 100% owned Garrison Gold Property, 100 Km east of Timmins, ON.
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Northern Gold Sees a Revolutionary New Picture of its Drill Core Mineralization
December 7, 2011TORONTO, ONTARIO--(Marketwire - Dec. 7, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announced today that it has retained Photonic Knowledge to supply and operate its new Core MAPPER™ hyperspectral technology, to enhance the determination of mineral and metal content in drill core samples from...
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Northern Gold Reports Results for Eight Garrcon Gold Deposit Drill Holes Including 1 M @ 81 g/t
November 11, 2011TORONTO, ONTARIO--(Marketwire - Nov. 11, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") today announced assay results for eight additional diamond drill holes totaling 1,662 meters of drilling from its ongoing 2011 drill program at the Garrcon Deposit which is located on the 100% owned Garrison Gold Property in north eastern Ontario.
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Northern Gold Strengthens Exploration and Development Team
November 10, 2011TORONTO, ONTARIO--(Marketwire - Nov. 10, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announces the Company has retained the services of Mr. Peter Chadwick, MSc, PGeo, PrSciNat., FSEG, as the Manager Project Development. His role will include laying the groundwork for permitting and infrastructure and facilities for the Garrcon Gold Deposit open pit, to be ready for a possible future production decision.
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Northern Gold Identifies New Target Area and Reports Results for Six Garrcon Gold Deposit Drill Holes
October 25, 2011TORONTO, ONTARIO--(Marketwire - Oct. 25, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") today announced assay results for six additional diamond drill holes totaling 1,920 meters of drilling from its ongoing 2011 drill program at the Garrcon Deposit which is located on the 100% owned Garrison Gold Property in North Eastern Ontario.
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Northern Gold Continues to Define Mineralization and Reports Results for 5 Garrcon Gold Deposit Drill Holes
October 13, 2011TORONTO, ONTARIO--(Marketwire - Oct. 13, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") today announced assay results for five additional diamond drill holes totaling 1,304 meters of drilling from its ongoing 2011 drill program at the Garrcon Deposit which is located on the 100% owned Garrison Gold Property situated in North Eastern Ontario. This brings the total meters of drilling reported for the 2011 drill program to 10,303 meters in 35 holes.
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NORTHERN GOLD REPORTS RESULTS FOR SEVEN GARRCON DEPOSIT DRILL HOLES - INTERSECTS 202 METERS AT 0.33 G/T AND 55 METERS AT 0.97 G/T
October 5, 2011October 5, 2011 (TORONTO, ONTARIO) – Northern Gold Mining Inc. (TSX-V: NGM) (“Northern
Gold” or “the Company”) announces assay results for seven additional diamond drill holes totaling
2,271 meters from its ongoing 2011 drill program. This brings the total meters of drilling reported
for the 2011 drill program to 8,999 meters in 30 holes. All of these holes continue the infill drilling
needed to tighten up drill hole spacing within the existing resource footprint at the Garrcon Deposit,
to increase the quality of the resource and to increase the confidence level in the latest resource
estimate and the Preliminary Economic Assessment that were disclosed in the NI 43-101 Technical
Report completed by A.C.A. Howe International Ltd posted on SEDAR August 8, 2011.
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NORTHERN GOLD MINING INC. ANNOUNCES APPOINTMENT OF CHIEF GOVERNANCE OFFICER
October 4, 2011Toronto, Ontario (October 4, 2011) – Northern Gold Mining (“Northern Gold” or the
“Company”) (TSX-V: NGM) is pleased to announce the appointment of Heather Laxton as the
Company’s first Chief Governance Officer in addition to her role as Corporate Secretary of
Northern Gold.
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Northern Gold Mining Inc. Announces Completion of $10,870,471 Non-Brokered Private Placement
September 16, 2011Northern Gold Mining ("Northern Gold" or the "Company") (TSX VENTURE:NGM) is pleased to announce that it has completed a non-brokered private placement for aggregate gross proceeds of $10,870,471 subject to regulatory approval (the "Offering"). The Offering consists of the sale of 25,724,260 common shares comprised of 11,205,078 shares issued on a hard dollar basis at $0.40 per share for aggregate gross proceeds of $4,482,031, and 14,519,182 shares issued on a flow-through basis at $0.44 per share for aggregate gross proceeds of $6,388,440. Lead Investors include funds managed by Sprott Asset Management L.P.
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Northern Gold Announces Three Additional Drills (Five in Total) on Its Garrison Gold Property/Garrcon Deposit
August 18, 2011- Three Drills to Be Added to the 2011 Program (Five Drills Total)
- Increase Infill and Step-Out Program from 30,000 to 50,000 Meters in 2011
TORONTO, ONTARIO--(Marketwire - Aug. 18, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announces two additional diamond drills ("DD") and one reverse circulation ("RC") drill will be added to its 2011 exploration program, which is presently utilizing two diamond drills. The current exploration program of 30,000 meters (see Press Release of February 2, 2011) will be increased to 50,000 meters (44,000 m DD and 6,000 m RC) by the end of 2011.
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Northern Gold Reports Assays for Six Drill Holes at Its Garrcon Gold Deposit-Intersects 72.0 Meters at 1.08 g/t Gold
July 26, 2011TORONTO, ONTARIO--(Marketwire - July 26, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announces assay results for six additional diamond drill holes totaling 1,646 meters of core from its ongoing 2011 drill program. This brings the total meters of drilling reported for the 30,000 meter drill program to 5,837 meters in 24 holes. All of these holes continue the process of infill drilling to tighten up drill hole spacing within the existing resource footprint to increase the quality of the resource and to increase the confidence level in the resource estimate and Preliminary Economic Assessment as announced in the Press Release dated June 23, 2011.
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Northern Gold Continues to Intersect Long Intervals of Gold Mineralization at Its Garrcon Gold Deposit
July 20, 2011TORONTO, ONTARIO--(Marketwire - July 20, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announces assay results for six additional diamond drill holes totaling 1,444 meters of core bringing the total meters of drilling reported for 2011`s ongoing 30,000 meter drill program to 4,190 meters in 18 drill holes. These drill holes continue the infill drilling that is tightening up drill hole spacing and increasing the confidence level in the in the resource estimate and Preliminary Economic Assessment announced in the Press Release dated June, 23, 2011.
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Northern Gold Intersects 3.0 m of Gold Assaying 660.0 g/t Including 1.0 m @ 1956.0 g/t
July 11, 2011TORONTO, ONTARIO--(Marketwire - July 11, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announces assay results for six additional diamond drill holes totaling 1,558 meters of drill core bringing the total meters of drilling reported for 2011`s ongoing 30,000 meter drill program to 2,747 meters in 12 drill holes.
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Northern Gold Increases Garrcon Deposit Indicated Resource Five-Fold to 720,000 ozs and Releases Preliminary Economic Assessment
June 23, 2011TORONTO, ONTARIO--(Marketwire - June 23, 2011) -Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announces the results of an updated National Instrument (NI) 43-101 compliant resource estimate and completes a Preliminary Economic Assessment (PEA) for its Garrcon Gold Deposit located in Garrison Township in the province of Ontario, Canada. The NI 43-101 Technical Report will be filed on SEDAR within 45 days. This NI 43-101 report which was independently prepared by A.C.A. Howe International Limited (Howe) of Toronto, Ontario, determined that the Garrcon Gold Deposit demonstrates strong economics at the PEA level. Howe concludes that the property merits the expenditure of additional funds to continue expanding, delineating, and developing the existing resource as well as the implementation of detailed metallurgical test work to confirm the concepts and assumptions used in the PEA.
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Northern Gold More Than Triples Land Holdings at and Near Its 100% Owned Garrison Gold Property
May 25, 2011May 25, 2011 (TORONTO, ONTARIO) – Northern Gold Mining Inc. (TSX-V: NGM) (“Northern Gold” or “the Company”) announced today that it has entered into a definitive agreement to acquire a 100% interest in the Plato Claim Group from Plato Gold Corporation (Plato). The Agreement is subject to an underlying 2% Gross Metal Royalty on all metals produced from the property and is held by Géoconseils Jack Stoch Ltée (Géoconseils) in accordance with an Agreement between Géoconseils and Plato dated November 27th, 2007. The claims are being purchased for a cash payment of $72,000 and 175,000 common shares of Northern Gold. The Agreement is subject to closing and approval of the TSX-Venture Exchange. The 24 claims, covering 370.4 hectares, (915.3 acres), are strategically located in Garrison and Harker Townships only 0.5 kilometers southeast of the Linton Claim Group which adjoins the eastern boundary of Northern Gold’s Garrison Gold Property.
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ValGold and Northern Gold Close Garrison Property Sale
May 16, 2011ValGold Resources Ltd. (TSXV: VAL) and Northern Gold Mining Inc. (TSXV: NGM) are pleased to
announce that the companies have closed the sales agreement of the Garrison Gold Property
located in north eastern Ontario. Under the terms of the sales agreement announced on April
7th 2011, Northern Gold has purchased ValGold’s 100% interest in the Garrison property. TSX
Venture approval of the transaction was granted on April 14, 2011.
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NORTHERN GOLD INTERSECTS 61.0 M @ 2.32 G/T GOLD INCLUDING 1.0 M @ 127.70 G/T CONFIRMING CONTINUITY OF MINERALIZATION
April 28, 2011April 28, 2011 (TORONTO, ONTARIO) – Northern Gold Mining Inc. (TSX-V: NGM) (“Northern
Gold” or “the Company”) announces assay results for eight additional diamond drill holes totaling
1,887.9 meters of drill core. These results include six drill holes which are the last of the 47 drill
holes completed during an excellent 2010 drill program. While the program was originally planned
for 10,000 meters, 11,280 meters of core were actually recovered because a second drill was
added to the program in October. Forty five of the holes intersected significant mineralization
including a number of holes that intersected mineralization displaying exceptional lengths of
continuous downhole mineralization. As an example, nine holes intersected mineralization with
average grades of 0.5 g/t or higher (the cutoff grade used in the first resource calculation, please
see the Technical Report posted on SEDAR Nov. 5, 2010) over downhole lengths greater than 200
meters with another eleven holes encountering similar grades over downhole lengths between 100
and 200 meters. Fifteen holes intersected average grades of 1.0 g/t or higher over downhole
lengths of at least 50 meters. The best hole of the program, GAR-10-42 encountered an average
grade of 1.44 g/t over 209 meters which included an average grade of 2.33 g/t over 108 meters.
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NORTHERN GOLD ANNOUNCES SIGNIFICANT NEW GOLD ASSAY RESULTS IN ONGONG DRILL PROGRAM – INTERSECTS 55 M @ 1.87 G/T INCLUDING 1 M @ 64.86 G/T
April 26, 2011April 26, 2011 (TORONTO, ONTARIO) – Northern Gold Mining Inc. (TSX-V: NGM) (“Northern
Gold” or “the Company”) announces assay results for nine additional diamond drill holes totaling
1,689.5 meters of drill core. These results are part of the Company’s ongoing 30,000 meter drill
program at the Garrcon Deposit on the Garrison Gold Property located on the Abitibi greenstone
belt. A total of 46 drill holes (9,929 meters) have been reported to date for the drill program that
began in May, 2010. Assay results for these latest nine drill holes are listed in Table 1.
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Northern Gold Continues to Expand Exploration Ground With the Acquisition of 24 New Claims
April 19, 2011TORONTO, ONTARIO--(Marketwire - April 19, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announced today that it has entered into a definitive agreement to acquire a 100% interest, subject to a 1.5% NSR royalty on all production, in the Sims Claim Group consisting of 24 staked mining claims. These claims, covering 398.7 hectares, (985.2 acres), are strategically located in Harker Township only 3.9 kilometers east of the Linton Claim Group which the Company announced the acquisition of on April 12, 2011.
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Northern Gold Expands the Garrison Gold Property by 27% With Acquisition of New Claims
April 12, 2011TORONTO, ONTARIO--(Marketwire - April 12, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announced today that is has reached a definitive agreement to acquire a 96.4% interest in the Linton Claim Group consisting of eight patented mining claims adjacent to the eastern boundary of the Garrison Gold Property. The acquisition of this strategic group of claims increases the size of the Garrison Gold Property to 476.1 hectares.
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NORTHERN GOLD AND VALGOLD ANNOUNCE AGREEMENT TO CONSOLIDATE 100% OWNERSHIP OF GARRISON PROPERTY
April 7, 2011TORONTO, ONTARIO and VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 7, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) and ValGold Resources Ltd. (TSX VENTURE:VAL)(FRANKFURT:VR2) are pleased to announce that the companies have entered into a definitive agreement to consolidate 100% ownership of the Garrison Property. Under the terms of the agreement Northern Gold is purchasing ValGolds interest in the Garrison Option and Joint Venture Agreement, subject to closing and regulatory approval.
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NORTHERN GOLD ANNOUNCES SIGNIFICANT NEW GOLD ASSAY RESULTS
March 31, 2011March 31, 2011 (TORONTO, ONTARIO) – Northern Gold Mining Inc. (TSX-V: NGM) (“Northern
Gold” or “the Company”) announced today assay results for six additional diamond drill holes
totaling 1,427.3 meters of drill core. These results are part of the Company’s ongoing 30,000 meter
drill program at the Garrcon Deposit on the Garrison Gold Property located on the Abitibi
greenstone belt. A total of 37 drill holes (8,153 meters) have been reported to date for the drill
program that began May, 2010. Assay results for these latest six drill holes are listed in Table 1.
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Northern Gold Hits 209 Meters of 1.44 g/t Including 1 Meter of 97.88 g/t, 3 Meters of 19.85 g/t & 108 Meters of 2.33 g/t, Plus 2 Meters of 10.34 g/t, 9 Meters of 2.64 g/t & 29 Meters of 2.05 g/t
March 1, 2011TORONTO, ONTARIO--(Marketwire - March 1, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announced today assay results for six additional diamond drill holes
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NORTHERN GOLD REPORTS THAT METALLURGICAL TESTING OF THE GARRCON DEPOSIT HAS ACHIEVED +97% RECOVERY
February 24, 2011February 24, 2011 (TORONTO, ONTARIO) – Northern Gold Mining Inc. (TSX-V: NGM)
(“Northern Gold” or “the Company”) is pleased to announce completion of a Scoping Level
metallurgical test program conducted by SGS Minerals Services (“SGS”) at their Laboratory in
Lakefield, Ontario on two composite samples of drill core supplied from the Company’s drilling in
the Garrcon Deposit. Based on this testwork, SGS confirmed the free milling nature of the
mineralization and determined that a combination of gravity concentration and cyanidation or
simply cyanidation of the whole ore produced the best overall gold recoveries. Figures 1 & 2
graphically illustrate the recoveries obtained using the various mill process flowsheets which
tested combinations of gravity separation, gravity tailing flotation, flotation concentrate
cyanidation, whole ore cyanidation and whole ore flotation.
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NORTHERN GOLD HITS 58 METERS OF 1.08 G/T GOLD INCLUDING 2 METERS OF 13.07 G/T, PLUS 18 METERS OF 2.08 G/T INCLUDING 1.0 METER OF 13.27 G/T, PLUS 2 METERS OF 7.13 G/T, AND 1 METER OF 8.32 G/T
February 22, 2011February 22, 2011 (TORONTO, ONTARIO) – Northern Gold Mining Inc. (TSX-V: NGM) (“Northern Gold” or “the Company”) is pleased to announce assay results for seven more diamond drill holes totaling 1,496 meters of drill core in the Company’s ongoing 30,000 meter drill program at the Garrcon Deposit on the Garrison Gold Property. A total of 25 holes (5,367 meters) have been reported to date for the drill program that began May, 2010. Assay results for the seven drill holes are listed in Table 1 and are available on the Company’s website.
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NORTHERN GOLD HITS 187 METERS OF 0.72 G/T GOLD PLUS 1 METER OF 20.9 G/T, 5 METERS OF 5.4 G/T, 2.5 METERS OF 3.5 G/T AND 10 METERS OF 1.6 G/T
February 1, 2011February 1, 2011 (TORONTO, ONTARIO) -Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or
“the Company”) announced today assay results for four more diamond drill holes totaling 954 meters in the
Company’s ongoing 30,000 meter drill program at the Garrcon Deposit on the Garrison Gold Property. A
total of 18 holes (3,871 meters) have been reported to date for the drill program that began May, 2010.
Assay results are listed in Table 1 below and are available on the Company’s website.
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NORTHERN GOLD RETAINS MOELIS & COMPANY AS FINANCIAL ADVISOR
January 8, 2011January 18, 2011 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or
the “Company”) is pleased to announce that it has retained Moelis & Company to serve as its financial
advisor in connection with the Company’s strategic development options for the Garrison Gold Property.
"This strategic relationship will greatly benefit Northern Gold as we aggressively advance the Garrison Gold
property with the ultimate goal of developing a large open pit mine. With its strong track record of advising
clients on many of the largest and most complex transactions, we are confident that Moelis & Company will
provide strategic and financial advisory expertise to enable us to extend our network and grow our company
for many years to come,” said Martin Shefsky, President and CEO of Northern Gold.
“We are very excited to have the opportunity to work with Northern Gold’s management and Board of
Directors to provide strategy advice and financial advisory services as Northern moves forward with the
development of the Garrison Gold
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NORTHERN GOLD INITIATES A NEW MINERAL RESOURCE REPORT AND PRELIMINARY ECONOMIC ASSESSMENT ON THE GARRCON DEPOSIT, GRANTS STOCK OPTIONS
December 29, 2010December 29, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or
“the Company”) is pleased to announce that it has retained A.C.A. Howe International Ltd. (“Howe”), a
leading geologic and mining engineering consulting group, to complete a National Instrument 43-101
Technical Report (“NI 43-101 Report”) to update the resources announced for the Garrcon Deposit at the
Garrison Township Gold Project in its September 23, 2010 Press Release. That disclosure was an indicated
resource containing 144,000 ounces of gold in 3.8 million tonnes grading 1.2 grams per tonne and an
inferred resource containing 530,000 ounces of gold in 18.5 million tonnes grading 0.9 grams per tonne,
outlined in more detail in an NI 43-101 Technical Report filed on SEDAR on November 5, 2010. None of
Northern Gold’s 2010 diamond drill results were used in calculating those resources. As of December 1st,
2010, approximately 10,114 meters of additional drilling had been completed in 41 drill holes. Howe will also
complete a first time Preliminary Economic Assessment for the Garrcon Deposit.
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NORTHERN GOLD HITS 101 METERS OF 1.07 G/T GOLD INCLUDING 11.5 METERS OF 2.86 G/T AND 3.0 METERS OF 10.88 G/T GOLD
December 9, 2010December 9, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or “the Company”) is pleased to announce assay results for three more new diamond drill holes in its ongoing 30,000 meter drill program at the Garrcon Deposit on the Garrison Gold Property. As shown in the table below, results include long downhole intervals of consistent mineralization, significant intervals of 1.0 to 2.5 g/t and a few higher grade intervals.
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NORTHERN GOLD HITS 220 METERS OF 0.69 G/T GOLD INCLUDING 59 METERS OF 1.5 G/T AND 1 METER OF 50.7 G/T GOLD
November 18, 2010November 18, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or
“the Company”) is pleased to announce assay results for three new diamond drill holes in its ongoing 30,000
meter drill program at the Garrcon Deposit on the Garrison Gold Property. As shown in the table below,
results include long down-hole intervals of consistent mineralization, significant intervals of 1.5 to 2.5 g/t and
a few high grade intervals. Because GAR-10-18 intersected one very high grade interval of 50.72 g/t, those
results are also reported with the grade cut to 30.0 g/t.
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NORTHERN GOLD ADDS A SECOND DIAMOND DRILL AT GARRCON DEPOSIT
November 15, 2010November 15, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or
“the Company”) is pleased to announce that a second diamond drill began drilling operations at the Garrcon
Gold Deposit on October 25th. The Garrcon Deposit is an advanced stage exploration gold deposit situated
on the Garrison Gold Property which is located on the Destor-Porcupine and Munro Faults, adjacent to, and
immediately south of Highway 101 about 15 kilometers west of St Andrew Goldfield’s Holt-McDermott and
Harker Holloway mines and 30 kilometers east of Brigus Gold’s Black Fox mine.
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NORTHERN GOLD POSTS GARRCON TECHNICAL REPORT ON SEDAR
November 8, 2010November 8, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or
“the Company”) is pleased to announce that a NI 43-101 compliant Technical Report reporting a “first time”
NI 43-101 compliant mineral resource at the Garrcon Gold Deposit was posted on SEDAR November 5,
2010 (the “Garrcon Report”). The resource was previously announced in a Press Release dated September
23rd, 2010 and at the Company’s Annual General Meeting the same day. The resource calculation and
Technical Report were prepared by A.C.A. Howe International Limited. (“Howe”) The Garrcon Deposit
occurs on the Garrison Gold Property and is the second deposit on that property for which a 43-101
compliant resource has been calculated by Howe.
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NORTHERN GOLD ANNOUNCES FIRST CLOSING OF $3,582,500 BROKERED PRIVATE PLACEMENT
November 1, 2010Toronto, Ontario – November 1, 2010: Northern Gold Mining Inc. (“Northern Gold” or the
“Company”) (TSX-V: NGM) announced today it has completed tranche one of the $5 million private
placement financing (the “Offering”) previously announced on October 13, 2010. Canaccord Genuity Corp.
and BayFront Capital Partners Ltd., acting as co-lead agents of a syndicate including GMP Securities L.P.
(collectively, the “Agents”)...
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NORTHERN GOLD MINING INC. ANNOUNCES $3,000,000 BROKERED PRIVATE PLACEMENT
October 13, 2010Toronto, Ontario – October 13, 2010: Northern Gold Mining Inc. (“Northern Gold” or the
“Company”) (TSX-V: NGM) is pleased to announce that it has entered into an agreement with
Canaccord Genuity Corp. and BayFront Capital Partners Ltd., acting as co-lead agents of a syndicate
including GMP Securities L.P. (collectively, the “Agents”), which have agreed to act as agents for and
on behalf of the Company, on a “best efforts” agency basis, without underwriter liability, in connection
with a proposed private placement for aggregate gross proceeds of $3,000,000 (the “Offering”). The
Offering consists of the sale of Flow-Through Units at $0.45 per Flow-Through Unit, and the sale of
Hard Dollar Units at $0.40 per Hard Dollar Unit. The Agents shall have the flexibility to secure orders
of either Flow-Through Units or Hard Dollar Units up to an aggregate of $3 million (up to a maximum of
$2 million of FT Units).
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NORTHERN GOLD DRILLING AT GARRCON INTERSECTS 190 METERS OF 1.10 G/T WHICH INCLUDES 92 METERS OF 1.52 AND 60 METERS OF 2.05 G/T
September 28, 2010September 28, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or
“the Company”) is pleased to announce the assay results of three more drill holes from its ongoing 2010 infill
and definition drilling program on the Garrcon Deposit at the Garrison Gold Property. The assay results
from these infill and definition holes will be used in the next iteration of the mineral resources to follow those
reported in Northern’s September 23, 2010 press release announcing a first time resource for the Garrcon
Deposit. Northern has now received assay results from eight of the 22 diamond drill holes completed in its
2010, 10,000 meter drill program, With the exception of GAR-22-10, discussed below, all have encountered
long, down hole sections with grades equal to or higher than the grades announced for its first time
resources calculation on the Garrcon Deposit. The goal of the next resource calculation, the first to use the
results from these holes, will be to upgrade inferred resources from the recent resource calculation into the
indicated and measured category as well as adding tonnes and ounces where no resources previously
existed.
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NORTHERN GOLD ANNOUNCES SIGNIFICANT NI 43-101 RESOURCE ESTIMATE ON GARRCON DEPOSIT BRINGS GARRISON GOLD PROPERTY TO A TOTAL GOLD RESOURCE OF 207,000 OUNCES INDICATED AND...
September 23, 2010September 23, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or “the Company”) is pleased to announce the results of the first NI 43-101 compliant resource estimate for the Garrcon Deposit on the Garrison Gold Property. A.C.A. Howe International Limited (Howe) has completed a mineral resource estimate for the Garrcon Deposit effective September 23, 2010. The estimate was completed in accordance with Canadian Securities Administration National Instrument 43-101 (“NI 43-101”) and CIM Standards on Mineral Resources and Reserves. The resource estimate, using a block cutoff grade of 0.5 g/t gold and a specific gravity of 2.6
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NORTHERN SUCCESSFULLY COMPLETES FIRST YEAR OF GARRISON GOLD PROPERTY OPTIONNORTHERN SUCCESSFULLY COMPLETES FIRST YEAR OF GARRISON GOLD PROPERTY OPTION
September 13, 2010September 13, 2010, (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold"
or “the Company”) announced today that in accordance with terms of the Option Agreement regarding the
Garrison Gold Property with ValGold Resources Limited (ValGold), Northern Gold has delivered a report to
ValGold documenting completion of first year advanced exploration expenditures in excess of the $500,000
minimum required under the Option Agreement. Northern also made the cash payment of $200,000 required
on the first anniversary of the signing of the Agreement. (Please see the Press Release dated September
14, 2009.) Northern is conducting advanced stage exploration on the Garrison Gold Property and may earn
up to an 80% undivided interest in the Property. The report, summarizing details of the advanced exploration
work as at July 31, 2010 and expenditures of $1,092,816 (unaudited) as at June 30, 2010 was presented to
ValGold September 1, 2010.
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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
September 2, 2010September 2, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or
“the Company”) announced today additional results from the ongoing in-fill drill program on the Garrcon
Project, one of the mineralized zones known to occur within the Garrison Gold Property. Results highlights
presented below are from holes GAR-10-14 and GAR-10-15 which are part of the 10,000 meter 2010
diamond drilling program.
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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
August 4, 2010August 4, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or “the
Company”) announced today assay results from the first three diamond drill holes (holes 11, 12 & 13) in the
2010 Phase II diamond drilling of the Garrcon Project. The project is one of the Company’s gold projects
located within the Garrison Township gold property, which it holds under an option agreement from Valgold
Resources Ltd.
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Northern Gold Initiates NI 43-101 Report on the Garrcon Project
July 29, 2010July 29, 2010 (TORONTO, ONTARIO): Northern Gold Mining Inc. (TSX-V: NGM) ("Northern Gold" or “the
Company”) is pleased to announce that it has contracted A.C.A. Howe International Ltd., a leading geologic
and mining consultant group, to complete a National Instrument 43-101 Technical Report (“NI 43-101
Report”) to obtain a resource estimate on the Garrcon Project, located on the Garrison property.
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NORTHERN GOLD APPOINTS MICHAEL GROSS AS VICE PRESIDENT EXPLORATION AND UPDATES COMPLETION OF $2,500,500 BROKERED PRIVATE PLACE
July 12, 2010Toronto, Ontario – July 12, 2010: Northern Gold Mining Inc. (“Northern Gold” or the
“Company”) (TSX-V: NGM) is pleased to announce the appointment of Mr. Michael P. Gross,
M.S., P. Geol., to the position of Vice President of Exploration. His responsibilities as part of the
management team will include advancing the exploration program on the Company’s Garrison
Township Property.
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NORTHERN GOLD ANNOUNCES COMPLETION OF $2,500,500 BROKERED PRIVATE PLACEMENT
July 6, 2010Toronto, Ontario – July 6, 2010: Northern Gold Mining Inc. (“Northern Gold” or the “Company”) (TSX-V: NGM) announces that it has completed a private placement financing for aggregate gross proceeds of $2,500,500 (the “Offering”) with BayFront Capital Partners Ltd. (the "Agent") as earlier announced. The Offering consisted of the sale of 9,002,678 Flow-Through Units at $0.14 per Flow-Through Unit for gross proceeds of $1,260,375, and the sale of 10,783,696 Hard Dollar Units at $0.115 per Hard Dollar Unit for gross proceeds of $1,240,125 of which 1,524,783 Hard Dollar Units were sold on a non-brokered basis.
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NORTHERN GOLD $2,500,000 BROKERED PRIVATE PLACEMENT IS FULLY SUBSCRIBED
June 22, 2010Toronto, Ontario – June 22, 2010: Northern Gold Mining Inc. (“Northern Gold” or the
“Company”) (TSX-V: NGM) announces that the proposed financing of $2.5 million announced
yesterday is fully subscribed (see press release June 21,2010). BayFront Capital Partners Ltd. is
acting as the agent.
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NORTHERN GOLD ANNOUNCES $2,500,000 BROKERED PRIVATE PLACEMENT
June 21, 2010Toronto, Ontario – June 21, 2010: Northern Gold Mining Inc. (“Northern Gold” or the “Company”) (TSX-V: NGM) announces that it has entered into an agreement with BayFront Capital Partners Ltd. (the "Agent"), which has agreed “on a best efforts basis” to complete a private placement financing for aggregate gross proceeds of $2,500,000 (the “Offering”). The Offering will
consist of the sale of up to 8,928,571 Flow-Through Units at $0.14 per Flow-Through Unit for gross
proceeds of $1,250,000, and the sale of up to 10,869,565 Hard Dollar Units at $0.115 per Hard
Dollar Unit for gross proceeds of $1,250,000.
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NORTHERN GOLD ANNOUNCES ASSAY RESULTS OF NEW MINERALIZED ZONE SAMPLES GRADING UP TO 93.89g/t GOLD
June 15, 2010Toronto, Ontario (15 June 2010): Northern Gold Mining Inc. (“Northern Gold” or “the Company”)
(TSX-V: NGM) announces today the assay results of twelve surface grab samples from a new
mineralized showing [“the 1070 Vein”], which appears to be the eastward extension of the shaft
zones. Six of the twelve samples contained visible gold and graded from 4.53 g/t to 93.89 g/t gold.
See the table below for complete results. As part of the Company’s current Phase II drill program,
Northern Gold continues to explore and prospect the Garrison property.
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NORTHERN GOLD INITIATES PHASE II DRILLING ON GARRISON GOLD
May 10, 2010Toronto, Ontario (10 May 2009): Northern Gold Mining Inc. (“Northern Gold” or “the Company”)
(TSX-V: NGM) announces today that the 2010 Phase II diamond drilling program at the Garrcon
prospect of the Garrison gold property has commenced. All supplies and equipment are in place
and drilling will begin this morning.
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Northern Gold Initiates Permitting Process for Advanced Exploration/Development at the Garrison Gold Property
March 31, 2010Toronto, Ontario (March 31, 2010): Northern Gold Mining Inc. (“Northern Gold” or “the Company”)
(TSX-V: NGM) is pleased to announce it has retained the services of N.A.R. Environmental
Consultants Inc. (“NAR”) to undertake permitting for advanced exploration/development of the
Garrison project on a turn-key basis. Northern Gold is in the first year of an option agreement under
which it is earning its interest in the Garrison gold property from ValGold Resources Ltd. (“ValGold”,
TSX-V: VAL). For more information on the option agreement, please see the Company’s news
release dated 14 September 2009.
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Northern Gold Announces New Investor Relations Consultant and Company Auditor, Grants Stock Options
March 11, 2010Toronto, Ontario (11 March 2010): Northern Gold Mining Inc. (“Northern Gold” or “the Company”) (TSX-V: NGM) is pleased to announce that, subject to regulatory approval, it has retained the services of JM Corp. to provide various investor relations consulting services for the Company in connection with Northern Gold’s interactions with broker-dealers, securities advisors, investment funds, and members of the investment community. JM Corp., a Toronto based investor relations consultancy of which Paul MacDonald is the principle, specializes in small to mid cap public companies and provides its clients with capital markets advice. JM Corp also provides assistance with company road shows, facility and site visits, and corporate presentations to investors. Northern Gold will pay JM Corp. a monthly fee of $6,000 under a six months contract which either party may terminate on written notice. Pursuant to the agreement, Northern Gold will also grant 200,000 incentive stock options to JM Corp, subject to regulatory approval. The options vest at 25% every three months and are exercisable at a price of $0.25 per share for a period equal to the lesser of 30 days after termination and five years. JM Corp. can also earn a bonus of 5% on “hard money” non-brokered financing that JM executes with no other commission payable, and a bonus of 3% on “flow-through” non-brokered financing that JM executes with no other commission payable.
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Northern Gold Hits 20.0 Metres of 6.74 g/t Gold Including 5.0 Metres of 14.67 g/t which includes 1.0 Metre of 33.22 g/t on the Garrison Property east of Timmins
March 4, 2010• GAR-09-03A: 1.01g/t (.029oz/ton) over 28.0m (91.9ft) including 1.60g/t (.047oz/ton) over 12.0m (39.4ft) which includes 8.50g/t
(.248oz/ton) over 0.5m (1.6ft)
• GAR-09-09: 6.74g/t (.197oz/ton) over 20.0m (65.6ft) including 14.67g/t (.428oz/ton) over 5.0m (16.4ft) which includes 33.22g/t (.969oz/ton) over 1.0m (3.3ft) and which includes 14.33g/t (.418oz/ton) over 1.0m (3.3ft)
Toronto, Ontario (March 04, 2010): Northern Gold Mining Inc. (“Northern Gold” or “the Company”)(TSX-V: NGM) is pleased to announce results from the last three drill holes of its diamond drilling program on the Garrison gold property. The Company is in the first year of an option agreement under which it is earning its interest in the Garrison gold property from ValGold Resources Ltd. (“ValGold”, TSX-V: VAL). For more information on the option agreement, please see the Company’s news release dated 14 September 2009.
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Northern Gold Hits 84.2 Metres of 1.49 g/t Gold Including 37.2 Metres of 2.03 g/t and 1.0 Metre of 16.29 g/t on the Garrison Property east of Timmins
February 23, 2010Toronto, Ontario (February 23, 2010): Northern Gold Mining Inc. (“Northern Gold” or “the Company”) (TSX-V: NGM) is pleased to announce additional drill results from holes six, seven, and
eight of its diamond drilling program on the Garrison gold property. The Company is in the first year of an option agreement under which it is earning its interest in the Garrison gold property from ValGold Resources Ltd. (“ValGold”, TSX-V: VAL). For more information on the option agreement, please see the Company’s news release dated 14 September 2009.
Eleven diamond drill holes totaling 2,333 metres were completed as a first step in designing further drilling leading to a resource calculation on the Garrcon Zone. The drill program involved step out and infill drilling on a minimum spacing of twenty-five to thirty metres. Multiple occurrences of visible gold have been observed as fine dissemination in nine of the eleven holes drilled, and visible gold was also observed in twenty-seven separate intervals in hole GAR-09-06 in the Shaft
and South zones.
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Northern Gold Drills 102.5 metres of 1.38 g/t Gold including 32.0 Metres of 2.25 g/t and 2.0 Metres of 12.33 g/t on the Garrison Property east of Timmins
January 25, 2010Toronto, Ontario (January 25, 2010): Northern Gold Mining Inc. (“Northern Gold” or “the Company”) (TSX-V: NGM) announces drill results from holes GAR-09-03, GAR-09-04, and GAR-09-05 of the fall 2009 diamond drill program on the Garrcon zone of its Garrison gold property in Northern Ontario. Drilling commenced on October 26, 2009 and was completed on December 11, 2009. A total of 2,333 metres (“m”) was drilled in eleven holes, focused on confirming high grade gold (“Au”) mineralization at the Garrcon Zone in the North, Shaft, and South sub-zones.
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NORTHERN GOLD SHAREHOLDERS EXERCISE 100% OF ACCELERATED WARRANTS
January 22, 2010Toronto, Ontario (22 January 2010): Northern Gold Mining Inc. (“Northern Gold” or “the Company”) (TSX-V NGM) announces the proceeds from acceleration of the expiry of certain warrants (“Warrants”), agent’s warrants (“Agent’s Warrants”), and options (“Options”) to purchase common shares (“Common Shares”) of the Company as announced on 21 December 2009 and 24 December 2009.
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NORTHERN GOLD GARRISON DRILLING UPDATE
December 28, 2009Toronto, Ontario (December 28, 2009): Northern Gold Mining Inc. (“Northern Gold” or “the
Company”) (TSX-V: NGM) is pleased to announce that field activities for the 2009 exploration
program at the Garrison gold property were completed on 11 December 2009.
Eleven diamond drill holes totaling 2,333 metres were completed as a first step in designing
further drilling leading to a resource calculation on the Garrcon Zone. Split core samples from the
first five holes have been submitted to Swastika Laboratories in Swastika, Ontario for analysis,
using the appropriate gold fire assaying technique. Northern Gold announced assay results from the
first two diamond drill holes on 9 December 2009, including GAR-09-01: 22.0 metres grading 4.21
grams/tonne gold [g/t Au], including 11.2 metres grading 7.03 g/t Au; GAR-09-02: 56.1 metres
grading 2.14 g/t Au, including 3.4 metres grading 16.9 g/t Au, and 1.2 metres grading 36.6 g/t Au;
and GAR-09-02: 29.4 m grading 1.05 g/t Au.
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NORTHERN GOLD ACCELERATES ADDITIONAL WARRANTS
December 24, 2009 Read More
NORTHERN GOLD ACCELERATES WARRANTS
December 21, 2009 Read More
Northern Gold Hits 56.1 Metres of 2.14 g/t Gold Including 3.4 Metres of 16.9 g/t and 1.2 Metres of 36.6 g/t on the Garrison Property east of Timmins
December 9, 2009 Read More
Northern Gold Initiates Drilling on Garrison Gold Property
October 27, 2009TORONTO, ONTARIO--(Marketwire - Oct. 27, 2009) - Northern Gold Mining Inc. ("Northern Gold" or "the Company") (TSX VENTURE:NGM) announces today that field activities for the 2009 exploration program at the Garrison gold property commenced on 26 October 2009. All supplies and equipment are in place and drilling began this morning.
The initial drill program will be eight to ten holes for a total of 1800 metres. As part of its due diligence, Northern Gold compiled and digitized historic data into a 3-D model. Drill targets are based on an analysis of this model. Drilling will be completed by Major Drilling Group International, Inc.
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NORTHERN GOLD FILES NI 43-101 REPORT AND RECEIVES ACCEPTANCE OF OPTION AGREEMENT ON GARRISON GOLD PROPERTY
October 21, 2009Toronto, Ontario (October 21, 2009): Northern Gold Mining Inc. (“Northern Gold”) (TSX-V: NGM) is pleased to announce that the TSX Venture Exchange has given final acceptance to the Option Agreement (“the Agreement”) dated 9 September 2009 with ValGold Resources Ltd. (“ValGold”)(TSX-V: VAL) covering the Garrison gold property. Pursuant to the agreement, Northern Gold holds an option to acquire up to an 80% interest in the Garrison Gold Property. The complete terms of the agreement were announced in a press release issued by Northern Gold on 14 September 2009 and filed on SEDAR (www.sedar.com.)
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NORTHERN GOLD AND VALGOLD COMPLETE OPTION AGREMENT ON GARRISON GOLD PROPERTY
September 14, 2009Toronto, Ontario (September 14, 2009): Northern Gold Mining Inc. (TSX-V NGM) has entered
into an Option Agreement with ValGold Resources Ltd. (TSX-V VAL) covering 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. According to President and CEO Martin
Shefsky, “This transaction is transformational for Northern Gold. It strengthens our holdings in
Northern Ontario, and provides Northern Gold with a known resource and the potential for an even
larger gold deposit”.
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Northern Gold Mining Inc. Announces Closing of $221,633 Non-Brokered Private Placement and Announces $450,000 Non-Brokered Private Placement
July 24, 2009Toronto, July 24, 2009 – The Directors of NORTHERN GOLD MINING INC. (TSX-V: NGM) ("Northern Gold") are pleased to announce the closing of a non-brokered private placement financing of $221,633 gross proceeds comprising the sale of 4,432,659 Units, sold at $0.05 per Unit which was announced on June 15, 2009. Each Unit consists of one common share issued on a hard dollar basis and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one common share for $0.10 until January 24, 2011 (the "Warrant Term") provided, however, that should the closing price at which the common shares trade equal or exceed $0.20 for 15 consecutive trading days following November 25, 2009, Northern Gold may accelerate the Warrant Term to the date which is 30 days following the date a press release is issued by Northern Gold announcing the reduced Warrant Term. All securities issued in conjunction with the offering will be subject to a hold period, which expires on November 25, 2009. Union Securities Ltd. acted as a finder on a portion of the financing, and was paid a cash finder fee of $7,220 and was issued a broker warrant to acquire 206,300 Units for $0.05 per Unit until January 24, 2011.
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Northern Gold Mining Inc. Announces $600,000 Non-Brokered Private Placement
June 15, 2009Toronto, June 15, 2009 – The Directors of NORTHERN GOLD MINING INC. (TSX-V: NGM) ("Northern Gold") are pleased to announce a proposed non-brokered private placement financing of up to $600,000 comprising the sale of up to 12,000,000 Units, to be sold at $0.05 per Unit, subject to regulatory approval and closing. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one common share for $0.10 for a period of 18 months (the "Warrant Term") from the closing of the transaction (the "Closing Date"), provided, however, that should the closing price at which the common shares trade, equal or exceed $0.20 for 15 consecutive trading days following the date that is four months and one day after the Closing Date, Northern Gold may accelerate the Warrant Term to the date which is 30 days following the date a press release is issued by Northern Gold announcing the reduced Warrant Term. All securities issued in conjunction with the offering will be subject to a hold period, which expires four months after closing.
Proceeds of the financing will be used to fund exploration and working capital.
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DIRECTORS PURCHASE ADDITIONAL SHARES OF NORTHERN GOLD
June 9, 2009Toronto, Ontario (June 9, 2009): Members of the Board of Directors of Northern Gold Mining Inc. (TSX-V NGM) announce that they acquired additional common shares of Northern Gold.
President and CEO Martin R. Shefsky acquired a total of 945,000 common shares representing approximately 3.13% of the total issued common shares of Northern Gold. Mr. Shefsky acquired 550,000 common shares through the Offering of Rights which closed on 3 March 2009, and the additional shares of Northern Gold were acquired on the TSX Venture Exchange for investment purposes. The highest price paid per Northern share was $0.05. Combined with the Northern shares previously owned or over which Mr. Shefsky has control or direction, Mr. Shefsky now owns or has control or direction over a total of 4,445,000 Northern Gold shares (3,145,000 issued common shares; 800,000 warrants; and 500,000 options), representing approximately 14.73% of the total issued Northern shares. Mr. Shefsky may, directly or indirectly, depending on market and other conditions, acquire beneficial ownership of, control or direction over, additional common shares, through market transactions, private agreements or otherwise. Mr. Shefsky may, depending on market and other conditions, sell any or all of his respective common shares. Mr. Shefsky’s address is 20 Victoria Street, Suite 800, Toronto, Ontario, M5C 2N8.
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NORTHERN GOLD MINING INC. ANNOUNCES COMPLETION OF RIGHTS OFFERING
March 6, 2009Toronto, Ontario (March 6, 2009): Northern Gold Mining Inc. (TSX-V NGM) announces completion of the rights offering to holders of Common Shares announced on January 30, 2009. Northern Gold issued to holders of its common shares as of record at the close of business on February 10, 2009 transferable rights certificates to subscribe for common shares before 4:00 p.m. (Toronto time) on March 3, 2009 on the terms set out in a rights offering circular dated January 22, 2009 (the “Rights Offering Circular”). The Rights Offering Circular is available on the SEDAR website at www.sedar.com. One right (a “Right”) was issued for each four common shares outstanding and one Right permitted the shareholder to purchase one common share (a “Share”) for $0.05 per Share. A total of 4,392,647 rights were exercised for total proceeds of $219,632.35. Northern Gold intends to use the proceeds for working capital purposes.
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NORTHERN GOLD MINING INC. ANNOUNCES RIGHTS OFFERING
January 30, 2009Toronto, Ontario (January 29, 2009): Northern Gold Mining Inc. (TSX-V NGM) announces the
terms of a rights offering to holders of Common Shares. Northern Gold will be issuing to holders of
its common shares as of record at the close of business on February 10, 2009 transferable rights
certificates to subscribe for common shares before 4:00 p.m. (Toronto time) on March 3, 2009 on
the terms set out in a rights offering circular dated January 22, 2009 (the “Rights Offering Circular”)
to be mailed by Northern Gold to its shareholders. The Rights Offering Circular will also be
available on the SEDAR website at www.sedar.com. One right (a “Right”) will be issued for each
four common shares outstanding and one Right will permit the shareholder to purchase one
common share (a “Share”) for $0.05 per Share.
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NORTHERN GOLD MINING INC. SIGNS LETTER OF INTENT WITH VALGOLD RESOURCES LTD
January 21, 2009Toronto, Ontario (January 21, 2009): Martin Shefsky, President and CEO of Northern Gold Mining Inc. (TSX-V NGM), reports that the company has entered into a letter of Intent with ValGold Resources Ltd. The agreement covers the Garrison gold property, consisting of thirty-five patented claims in Garrison Township, approximately 40 kilometres north of Kirkland Lake and 100 kilometres east of Timmins, Ontario. According to Mr. Shefsky: “This property strengthens our holdings in Northern Ontario and immediately provides Northern Gold with an advanced exploration project that has the potential for a large gold deposit”.
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NORTHERN GOLD MINING INC. SIGNS LETTER OF INTENT WITH VALGOLD RESOURCES LTD.
January 21, 2009Toronto, Ontario (January 21, 2009): Martin Shefsky, President and CEO of Northern Gold
Mining Inc. (TSX-V NGM), reports that the company has entered into a letter of Intent with ValGold
Resources Ltd. The agreement covers the Garrison gold property, consisting of thirty-five patented
claims in Garrison Township, approximately 40 kilometres north of Kirkland Lake and 100
kilometres east of Timmins, Ontario. According to Mr. Shefsky: “This property strengthens our
holdings in Northern Ontario and immediately provides Northern Gold with an advanced exploration
project that has the potential for a large gold deposit”.
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NORTHERN GOLD MINING INC. KIRNANA PROJECT UPDATE
January 2, 2009Toronto, Ontario (January 2, 2009): Northern Gold Mining Inc. (TSX-V NGM) has completed its 2008 drill programs and provides this update on the results from its Kirana property in the Kirkland Lake, Ontario area.
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NORTHERN GOLD MINING INC. FILES TECHNICAL REPORT FOR ITS FREDERICK HOUSE LAKE PROPERTY
December 15, 2008Toronto, Ontario (December 15, 2008): Northern Gold Mining Inc. (TSX-V NGM) is pleased to announce that it has received and filed on SEDAR a National Instrument 43-101 report entitled “TECHNICAL REPORT ON THE FREDERICK HOUSE PROPERTY, PORCUPINE MINING DIVISION, NORTHEASTERN ONTARIO”. The report was prepared by Mr. Gary Lohman, B.Sc, P.Geo., Mr. Lohman is a Qualified Person as defined by NI 43-101 and has over 27 years Canadian and International experience in gold, silver, base, and specialty metal exploration.
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NORTHERN GOLD MINING INC. COMPLETES 2008 DRILLING
November 21, 2008Toronto, Ontario (November 21, 2008): Northern Gold Mining Inc. has now completed its 2008 drill programs and wishes to provide an update on its exploration activities on the Kirana property in the Kirkland Lake, Ontario area and on its Timmins properties. Core logging and associated sampling, as well as field activities and associated sampling, remains on-going. It is expected assay results from these activities will be forthcoming for the next two months.
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NORTHERN GOLD MINING INC. INITIAL KIRANA RESULTS AND POLYMETALLIC GRABS
October 10, 2008Toronto, Ontario (October 10, 2008): Northern Gold Mining Inc. (TSX-V NGM) continues the
exploration of its Kirana Project in Kirkland Lake and its Matheson Claim Group in Timmins, and
announces the results of assays on the earliest Fidelity area drill holes as well as grab samples
from the Mallard Lake area of the Kirana Project.
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NORTHERN GOLD MINING INC. ANNUAL MEETING AND EXPLORATION UPDATE
October 3, 2008Toronto, Ontario (October 3, 2008): Northern Gold Mining Inc. (TSX-V NGM) held its annual meeting of shareholders on Monday 30 September 2008 at its headquarters in Toronto, Ontario.
The business of the annual meeting was the presentation and adoption of the annual report containing the financial statements of Northern Gold for the fiscal year ended 31 March 2008 together with the auditor’s report thereon, the election of the Board of Directors, and the appointment of auditors.
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NORTHERN GOLD MINING EXPLORATION UPDATE
September 3, 2008Toronto, Ontario (September 3, 2008): Northern Gold Mining Inc. (TSX-V: NGM) is pleased to provide an update on its exploration activities on its Kirana property in the Kirkland Lake, Ontario area and its properties in the Timmins area...
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NORTHERN GOLD MINING ANNOUNCES ADDITIONAL HIGH GRADE GOLD ASSAYS 552.96 g/t (16.13 oz/t) ON ITS KIRANA PROPERTY
August 14, 2008Toronto, Ontario (August 14, 2008): Northern Gold Mining Inc. (TSX-V NGM)is pleased to announce additional high grade gold assays from its ongoing stripping, mapping and sampling program following-up on last month’s high grade gold discovery in the Fidelity area of Northern Gold’s Kirana property...
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NORTHERN GOLD ANNOUNCES COMPLETION OF VTEM AIRBORNE SURVEY AND THE ADDITION OF A SECOND DIAMOND DRILL AT KIRANA
August 12, 2008Toronto, Ontario (August 12, 2008): Northern Gold Mining Inc. (TSX-V NGM) is pleased to announce the completion of the VTEM airborne geophysical airborne survey, flown by Geotech Ltd. over the extent of the Kirana project property...
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NORTHERN GOLD ANNOUNCES COMMENCEMENT OF DIAMOND DRILLING AT THE NEW HIGH GRADE GOLD DISCOVERY ON THE KIRANA PROPERTY
July 28, 2008Toronto, Ontario (July 28, 2008): Northern Gold Mining Inc. (TSX-V NGM) is pleased to
announce that it will commence diamond drilling Mon. July 28th 2008 on the recently discovered
high grade Matheson Zone in the Fidelity area on its Kirana property. Cabo Drilling (Ontario) Corp.
has been contracted to drill a 1st phase 2,000 metre NQ drill program to test and define the form
and structure of the recently discovered high grade mineralization. As announced on July 23, 2008,
Northern Gold Mining has uncovered high-grade mineralization with selected samples assaying as
high as 2305.12 g/t Au (67.22 oz/ton) in a pervasive quartz-iron carbonate flooding named the
Matheson Zone on its Kirana property. The property lies 5 kms to the northeast of the prolific
Kirkland Lake gold camp, where to date more than 24 million ounces of gold have been produced.
The Kirana Claim Group comprises 86 contiguous claim units, 4 patent blocks and an isolated block
of 8 more claim units just south of the main group.
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NEW DISCOVERY OF HIGH GRADE GOLD 2305 g/t (67.22 oz/t) ON NORTHERN GOLD MINING’S KIRANA PROPERTY (REVISED)
July 23, 2008Toronto, Ontario (July 23, 2008): Northern Gold Mining Inc. (TSX-V NGM) is pleased to provide
revised assay results that include all results on a promising, previously unknown zone of
mineralization containing areas assaying high grades of gold (up to 2305.12 g/t, or 67.22 oz/ton)
and local coarse, visible gold at its Kirana Project. The Kirana Project is the company’s most
recently acquired ground and the area containing the new gold bearing zone lies in Teck Township,
Ontario, approximately five kilometers northeast of the historic Kirkland Lake gold camp.
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NEW DISCOVERY OF HIGH GRADE GOLD 2305 g/t (67.22 oz/t) ON NORTHERN GOLD MINING’S KIRANA PROPERTY
July 22, 2008Toronto, Ontario (July 22, 2008): Northern Gold Mining Inc. (TSX-V NGM) is pleased to announce the discovery of a promising, previously unknown zone of mineralization containing areas
assaying high grades of gold (up to 2305.12 g/t, or 67.22 oz/ton) and local coarse, visible gold at its Kirana Project. The Kirana Project is the company’s most recently acquired ground and the area containing the new gold bearing zone lies in Teck Township, Ontario, approximately five kilometers northeast of the historic Kirkland Lake gold camp. Official production from the Kirkland Lake camp is more than 24 million ounces of gold from numerous mines since 1910, many of them high grade
deposits. Northern Gold Mining’s Kirana Project comprises a main group of 86 claim units, 4 patent claim blocks and an additional, isolated block of 8 more claim units just south of the main group. The main claim group contains much prospective ground as it covers 6.2 kilometers of the interpreted extent of the Kirana Break.
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GENERAL JIM GERVAIS JOINS BOARD OF NORTHERN GOLD MINING INC.
July 17, 2008Toronto, Ontario (July 17, 2008): Northern Gold Mining Inc. (TSX-V NGM) is pleased to announce that Lieutenant-General J. C. “Jim” Gervais, CMM, CD (ret’d) has agreed to join its Board of Directors and will serve as Chairman effectively immediately.
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NORTHERN GOLD MINING INC. COMPLETES DRILLING ON WICKSTEAD PROPERTY
July 7, 2008Toronto, Ontario (7 July 2008): Northern Gold Mining Inc. [Northern Gold] has just completed a 16 hole, 1517 metre drill program on its Wickstead properties in the Kirkland Lake mining
camp of Northern Ontario. Located approximately 3 kilometres south of the Bourkes Mine, the drill targets were defined by geological reconnaissance, a Mobile Metal Ion [MMI] geochemical
survey, and ground IP geophysical surveys conducted during Northern Gold’s 2007 summer exploration program.
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NORTHERN GOLD DRILLS 404.92g/t Au (11.81 opt) over 0.3m(1.0ft.) AT BOURKES
January 8, 2008Toronto, Ontario (January 8, 2008): Northern Gold Mining Inc. (TSX-V NGM) is pleased to announce the initial results of its 18 hole, 2290 metre Bourkes Mine winter drill program and results from grab sampling in the Bourkes Mine area and in the Wolf Lake area approximately 3 kms. to the south of the Bourkes Mine. The high-grade past producing Bourkes Mine property is located in Benoit Township in north-eastern Ontario, 22 km north-west of the Kirkland Lake, Ontario gold mining camp where to date more than 24 million ounces of gold have been produced.
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Northern Gold Mining Inc. Retains Investor Relations Firm
November 29, 2007Toronto, Ontario (November 29, 2007): Northern Gold Mining Inc. (TSX-V NGM) is pleased to announce that effective November 28, 2007 and subject to regulatory approval, it has retained the services of The Windward Agency, of Charlotte, North Carolina. Windward, founded by its principal, Kelly Boatright, will provide assistance with Northern’s Investor Relations and Public Relations efforts. Windward has served the natural resource sectors for more than two decades and maintains a strong presence in Canada, the United States and Europe.
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Northern Gold Mining Announces the Commencement of Drilling at the High-Grade Bourkes Mines Gold Property
November 29, 2007Toronto, Ontario (November 29, 2007): Northern Gold Mining Inc. (TSX-V NGM) is pleased to announce the commencement of an 18 hole, 2290 metre surface diamond drilling program on its high-grade Bourkes Mine property located in Benoit Township in north-eastern Ontario.
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NORTHERN GOLD MINING INC. BULK SAMPLING RESULTS
November 28, 2007November 28, 2007 Northern Gold Mining Inc. (TSX-V NGM) announces results from its Fall 07 power-stripping and bulk-sampling program on it’s Bourkes Mine property located in Benoit Township in north-eastern Ontario. The Bourkes Mine is situated 22 kms north-west of the gold-mining camp of Kirkland Lake, Ontario. The mine was in intermittent production from 1918 to 1947.
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Northern Gold Mining Inc. (NGM) Commences Trading on the TSXV.
November 27, 2007Toronto, Ontario (Nov 27, 2007): The directors of Northern Gold Mining Inc. (“NGM”, TSXV: NGM) are pleased to announce that the common shares of the company commenced trading today on the TSX Venture Exchange (“TSXV”) under the symbol “NGM”.
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