Northern Gold Mining Inc.
TSX VENTURE : NGM

Northern Gold Mining Inc.

February 01, 2011 10:21 ET

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

TORONTO, ONTARIO--(Marketwire - Feb. 1, 2011) - Northern Gold Mining Inc. (TSX VENTURE: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.

"Results from our 2010/11 drill program continue to define additional areas of mineralization demonstrating the potential for an open pit bulk-tonnage gold deposit," said Martin Shefsky, President and CEO of Northern Gold Mining, "This program continues with two drills focusing on systematic infill and definition drilling that will be used in the updated 43-101 resource calculation expected to be completed in the first quarter of 2011."

Table 1 – Assay Results Highlights:
Hole Id From
(m)
Including
(m)
Including
(m)
Including
(m)
Including
(m)
To
(m)
Interval
(m)
Au
Grade
(g/t)
Un-Cut
GAR-10-25 44.0         226.0 182.0 0.52
    61.0       207.0 146.0 0.61
      61.0     108.0 47.0 0.74
        86.0   96.0 10.0 1.58
          93.5 96.0 2.5 3.46
      167.0     207.0 40.0 1.11
        167.0   171.0 4.0 1.12
        202.0   207.0 5.0 5.36
          202.0 203.0 1.0 20.86
          206.0 207.0 1.0 5.42
GAR-10-26 20.0         207.0 187.0 0.72
    20.0       21.0 1.0 5.73
    33.0       34.0 1.0 3.22
    47.0       55.0 8.0 1.36
      54.0     55.0 1.0 4.42
    65.0       79.0 14.0 1.10
      72.0     76.0 4.0 1.44
    90.0       92.0 2.0 1.95
    113.0       120.0 7.0 1.33
    182.0       185.0 3.0 2.07
    201.0       207.0 6.0 6.31
GAR-10-27 19.7         40.0 20.3 0.65
  114.0         117.0 3.0 1.53
GAR-10-28 13.0         39.0 26.0 0.58
    16.0       28.0 12.0 0.77
      16.0     18.0 2.0 2.11
      27.0     28.0 1.0 1.73
  53.0         54.0 1.0 1.19
  76.0         79.0 3.0 1.49

Table 1 shows that both GAR-10-25 and GAR-10-26 have long downhole intervals with average grades at and above resource grades with significant intervals of plus 1 g/t gold. GAR-10-27 and GAR-10-28 are shorter holes that focused on defining the southern edge of mineralization along Section 13+00W to 13+50W.

GAR-10-25 was collared approximately on Section line 13+25W and was drilled at an inclination of minus 45° and a True azimuth of 162 degrees. Total depth of the hole was 354.0 meters. The hole experienced little deviation as it stayed within 12.5 meters of the section line for its entire length to a total downhole depth of 354.0 meters. The hole is 25 meters north of GAR-09-04 and slightly lower grade as it is located closer to the low grade area between the North and Shaft Zones at this location. It is very similar to GAR-09-05 which is located approximately 25 meters directly to the east.

GAR-10-26 was collared approximately 13 meters west of section line 13+25W and was drilled at an inclination of minus 44° to on a True azimuth of 157 degrees. Total depth of the hole was 273 meters and little deviation was experienced in the hole, with the bottom of the hole ending up almost exactly on Section line 13+25W. The hole is located between GAR-10-17 to the south and GAR-09-04 to the north and, as expected is slightly better grade than 10-17 and slightly lower grade than 09-04. The grade is consistent with mineralization seen along strike to the east along section lines 13+00W and 12+75W.

GAR-10-27 was collared approximately on Section line 13+75W and was drilled at an inclination of minus 49° and a True azimuth of 337 Degrees. Total depth of hole was 177 meters with 157 meters of core recovered below the overburden Deviation was minor with the hole staying within 5 meters of the Section line. This hole was designed to test for mineralization seen in GD86-9, previously drilled on the property by another operator and to delineate the southern boundary of the deposit within the upper 25 meters of the ore body. Mineralization seen in GD86-9 is confirmed at a lower grade with less continuity as was expected. Below 90 meters, the GAR-10-27 encountered sporadic mineralization that appears significantly better than that seen in C06-08 drilled by ValGold. Additional drilling is required in this area to reduce the current wide spaced intercepts and will be completed in 2011.

GAR-10-28 was collared approximately midway between Section lines 13+00W and 13+25W and was drilled at an inclination of minus 58° and a True azimuth of 165 degrees. Total depth was 150 meters with 141 meters of core recovered below the overburden. Deviation, if any was very minor. This hole was designed to test the existence and continuity of mineralization along the southern margin of the deposit in the vicinity of Section lines 13+00W and 13+25W. Mineralization in the upper 50 meters of the hole is lower grade than that seen in hole C06-5 and C065B and below 50 meters the mineralization in GAR-10-28 does not correspond with mineralization in GAR-10-17 about 25 meters to the west but it compares very well with mineralization in hole C07-04. From the collar to about 50 meters, it appears that the hole approximately marks the southern extent of good mineralization, however, below 50 meters; mineralization in other nearby drill holes suggests that additional mineralization may exist south of this drill hole. Additional drilling is required.

Quality Assurance/Quality Control

Northern Gold Mining Inc. has implemented a QA/QC protocol for its exploration work. Northern is currently diamond drilling the Garrison Gold Property and the drilling contractor is Major Drilling Group International Inc. Core size is NQ, to give good sample sizes and enabling the possibility for at least two step-downs if ground conditions should require it. Core is delivered to the secure Core Shack facility by the driller or picked up by one of Northern Gold's designated personnel and transported to the Core Shack facility. In addition to recovery and RQD (Rock Quality Designation), data geologic parameters including lithology, alteration, quartz veining, presence and identification of sulfide mineralization along with other geologic parameters are noted and recorded. Core is marked in one meter intervals for splitting, sampling and assaying, unless geologic data indicate a shorter sample interval. Prior to splitting, all core is photographed. Core splitting is done with a diamond core saw and ½ of the drill core is submitted to Expert Laboratories, an accredited laboratory (PTP-MAL – Accredited by Standards Council of Canada – In Accordance with ISO/IEC 43-1) in Rouyn-Noranda, Quebec for assaying. The remainder of the core is stored at the Garrison Gold Property. All sample intervals where visible gold is observed to be present are automatically submitted for analysis using the metallic screen procedure where the entire half core is crushed, pulped and screened at 100 mesh. The screen oversize is assayed in total and the screen undersize is fire assayed in triplicate using a gravimetric finish. All other samples are analyzed by conventional fire assay using a 30 gram sample with geochemical finish.
All samples that assay greater than one gram are re-assayed with conventional fire assay using a gravimetric finish. Conventional fire assay sample prep consists of crushing to 90% passing 10 mesh from which a 300 gram sample is split and pulped to 90% passing 200 mesh and from which a 30 gram sample is taken for fire assaying. Following completion of fire assaying at Expert Laboratories, pulp samples are forwarded by Expert to SGS Laboratories, a certified laboratory (ISO 17025), in Toronto, Ontario for CN solubility assaying and for multi-element analyses of select samples. CN solubility test uses a 1% CN solution added to 30 grams of sample and shaken for an hour prior to settling and decanting for geochemical analysis. Multi-element analysis is conducted using 4-acid digestion followed by ICP analysis with OES finish (Inductively coupled plasma atomic emission spectroscopy). Northern inserts a mixture of gold standard samples, blank samples and duplicate samples into the sample stream at a rate approximating 10% of total original samples. Samples are normally transported in a Company truck from the Property to Expert Labs in Rouyn-Noranda. Chain of Custody protocols require the signing and maintenance of logs and receipts each time the samples are picked up from or delivered to a new location. When utilizing commercial transportation, all shipping sacks are sealed with a numbered tag, the removal of which is recorded upon receipt by Expert Laboratories. Check analyses are conducted on a regular basis utilizing either SGS Laboratories, a certified laboratory, in Toronto, Ontario or Swastika Laboratories, a certified laboratory (PTP-MAL – Accredited by Standards Council of Canada – In Accordance with ISO/IEC 43-1) in Swastika, Ontario.

About Northern Gold Mining

Northern Gold Mining Inc. is a TSX-V listed, publicly traded junior resource company based in Toronto, Ontario, dedicated to the discovery and development of high value mineral deposits in the proven mining camps of Kirkland Lake and Timmins in North Eastern Ontario. Northern Gold is focused on developing two advanced stage gold deposits on the Garrison Gold Property. The Property is located within the Abitibi greenstone belt along the Porcupine-Destor and the Munro Fault systems. The Property hosts several gold mineralized showings in addition to the two advanced stage exploration targets, the Jonpol and Garrcon Deposits, for each of which NI 43-101 compliant mineral resources have been calculated, and the less advanced 903 gold mineralized area. Historic diamond drilling by previous operators was completed in all three referenced areas. The Jonpol Technical Report was posted on SEDAR October 21, 2009 and the Garrcon Technical Report was posted on SEDAR November 5, 2010. The Garrison Gold Property has historic mining infrastructure at both the Jonpol and Garrcon Deposits and producing mines are located in close proximity to the property. The Company is in the second year of an option agreement under which it may earn up to an 80% interest in the Garrison Gold Property from ValGold Resources Ltd. ("ValGold") (TSX VENTURE:VAL). For more information on the option agreement, please see the Company's news release dated 14 September 2009.

The technical aspects of this press release has been reviewed by Michael Gross M.S., P.Geol., Vice President Exploration for Northern Gold, who is the "Qualified Person" as defined by NI 43-101 for this project.

CAUTIONARY STATEMENT: This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, future plans and objectives of Northern Gold Mining Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Northern Gold Mining Inc.'s expectations are the risks detailed herein and from time to time in the filings made by Northern Gold Mining Inc. with securities regulators. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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