Northern Abitibi Mining Corp.
TSX VENTURE : NAI

Northern Abitibi Mining Corp.

April 16, 2008 16:01 ET

Northern Abitibi Mining Corp.: Second Round of Drilling to Commence in Two Weeks at the Taylor Brook Nickel-Copper-Cobalt-PGE Property in Newfoundland

CALGARY, ALBERTA--(Marketwire - April 16, 2008) - Northern Abitibi Mining Corp. (TSX VENTURE:NAI) ("Northern Abitibi") is pleased to announce that a drill contractor has been retained to drill the Taylor Brook Property in Newfoundland.

A minimum 1000 meter drill program is scheduled to commence at Taylor Brook on April 30, 2008, or shortly thereafter as snow conditions in the area allow. The drill program will test several large airborne conductors that were not tested during the December 2007 drill program, along with additional geophysical targets and the margins of the host mafic-ultramafic complex.

Preliminary data from a down hole Crone PEM (pulse electromagnetic) survey completed in March 2008 have been received, however, final interpreted and processed results from the survey are not yet complete. The final results from this survey will be released once they are complete, and may be used to target subsurface conductors surrounding the Layden Showing. The Layden Showing is a high grade massive sulfide lens exposed at surface containing average grades of 5.38% nickel, 1.05% copper, 0.10% cobalt, 112 ppb platinum, 232 ppb palladium and 416 ppb gold.

Northern Abitibi

Northern Abitibi's technical team of experienced, professional geologists are assembling a portfolio of gold, nickel and other base metal projects from opportunities within Canada, Mexico and the United States. Northern Abitibi can earn a majority interest in the Taylor Brook project from Altius Resources Inc. by making staged share and cash payments and funding exploration over a period of 4 years. A description of the Taylor Brook project can be found on our website at www.naminco.ca.

Dr. Shane Ebert, P.Geo., is the Qualified Person responsible for the preparation of this news release.

Shane Ebert, 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 Abitibi's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Northern Abitibi. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Northern Abitibi'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 Abitibi's filings with the Canadian securities authorities. Accordingly, holders of Northern Abitibi shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Northern Abitibi 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.
    Shane Ebert
    (403) 233-2636
    or
    Northern Abitibi Mining Corp.
    Jean Pierre Jutras
    (403) 233-2636
    Website: www.naminco.ca