Northern Abitibi Mining Corp.

Northern Abitibi Mining Corp.

December 12, 2006 15:08 ET

Northern Abitibi: Cold Springs Property Update and Option Grant

CALGARY, ALBERTA--(CCNMatthews - Dec. 12, 2006) - Drilling is currently underway on Northern Abitibi's (TSX VENTURE:NAI) Cold Springs gold-silver property in Nevada. The Company anticipates completing 2 of the planned 4 drill holes before the Christmas break and resuming drilling in early January. All drill holes are being sent to the laboratory for analysis upon completion of each hole.

Northern Abitibi has granted stock options under its 2005 Stock Option Plan to its President/CEO to purchase up to 500,000 common shares for a period of five years commencing on December 12, 2006 and at an exercise price of $0.10 per share.

Northern Abitibi has also recently updated its website at

Jean Pierre Jutras, Vice-President/Director

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Northern's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Northern. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Northern's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Northern's filings with the Canadian securities authorities. Accordingly, holders of Northern shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Northern disclaims any responsibility to update these forward-looking statements.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

Contact Information

  • Northern Abitibi Mining Corp.
    Jean Pierre Jutras
    (403) 233-2636
    (403) 266-2606 (FAX)