Northern Gold Mining Inc.

Northern Gold Mining Inc.

December 09, 2009 08:30 ET

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

- GAR-09-01: 22.0 m grading 4.21 g/t Au including 11.2 m grading 7.03 g/t Au

- GAR-09-02: 56.1 m grading 2.14 g/t Au including 3.4 m grading 16.9 g/t Au and 1.2 m grading 36.6 g/t Au

- GAR-09-02: 29.4 m grading 1.05 g/t Au

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2009) - Northern Gold Mining Inc. ("Northern Gold" or "the Company") (TSX VENTURE:NGM) announces preliminary drill results for the first two 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. (TSX VENTURE:VAL). For more information on the option agreement, please see the Company's news release dated 14 September 2009.

Drilling, which commenced on 26 October 2009, has been focused on confirming gold mineralization at the Garrcon Zone, within the subcomponents of the overall Garrcon Zone, namely the North, Shaft and South zones as defined in the Company's NI 43-101 report filed on SEDAR on 21 October 2009. To date 2,046 metres have been drilled in 10 holes. The NI 43-101 technical report recommended that a study of the Garrcon Zone be completed to formulate a program and budget to test the potential for bulk tonnage, open-pit mining. The report suggested 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. The potential quantity and grade is conceptual in nature and as a result it is uncertain if further exploration will result in the discovery of a mineral resource.

Analyses have only been received for the first two holes, but multiple occurrences of visible gold have been observed as fine dissemination in each of the first five holes logged to date and visible gold was also observed in 18 separate intervals in hole GAR-09-02, 15 of which were from the Shaft zone. GAR-09-01 was designed to test the North zone and GAR-09-02 was drilled 125 metres south of GAR-09-01 and targeted the Shaft and North zones. The following table highlights the various high grade intersections in both holes:

 HOLE ID    FROM            TO              WIDTH          ZONE      GRADE
 GAR-09-01    127.1           149.1             22.0m         North DZ+A      4.21g/t *VG
 including    127.1            128.8              1.7m          North A      3.88g/t *VG
 and    137.9            149.1              11.2m          North DZ      7.03g/t
 including    144.5           145.3             0.9m       52.3g/t
 GAR-09-02    21.3           77.4             56.1m         Shaft C1-A1      2.14g/t
 including    21.3            22.3              1.0m          Shaft C1      11.0g/t *VG
 and    30.4            32.4              2.0m          Shaft B2      9.44g/t *VG
 and    72.8           76.2             3.4m         Shaft A2      16.9g/t *VG
 including 75.0 76.2 1.2m  36.6g/t *VG
 GAR-09-02 199.8 229.2 29.4m North Deep A 1.05g/t *VG
 including 217.0 218.0 1.0m  4.84g/t
 and 228.8 229.2 0.4m  6.54g/t *VG

Note: All widths are downhole thickness; *VG-visible gold observed in sample interval

Northern Gold President and CEO Martin Shefsky states, "these results have confirmed our belief that there is a great opportunity to generate a large new resource conducive to bulk tonnage mining as discussed in our NI 43-101 report." Mr. Shefsky added that "the potential for the Garrcon Zone to host a bulk tonnage resource is in addition to the existing NI 43-101 resource on the Jonpol, a resource which appears to be open at depth and which Northern Gold will focus on in the near future."

Northern Gold expects to have completed the current diamond drill program in the second week of December with the remainder of the assays and interpretation from the drill program to be available over the next one to two months.

Northern Gold Mining Inc. has implemented a quality assurance and control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the best possible practices. The rock samples collected were sent to Swastika Laboratories in Swastika, Ontario, and analyzed using the appropriate gold fire assaying technique. Sample standards and blanks are inserted into the sample stream at regular intervals to ensure at least 1 standard or blank is included in each analytical run at the lab in order to ensure lab integrity. Approximately 5% of sample rejects and/or pulps will be sent to a different lab from the lab which ran the original assay for check assaying.

This Press release has been reviewed and approved by Brad Leonard P.Geo., exploration manager for Northern Gold Mining Inc., who is the "Qualified Person" as defined by NI 43-101 for this project.

Northern Gold Mining Inc. is a Toronto based junior resource company dedicated to gold exploration in the Kirkland Lake mining camp of Northern Ontario.

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.

Contact Information

  • Northern Gold Mining Inc.
    Martin R. Shefsky
    President and CEO
    (416) 366 - 7300
    (416) 366 - 7301 (FAX)
    Northern Gold Mining Inc.
    Jeffery P. Boykin
    VP Investor Relations/Regulatory Affairs
    (416) 366 - 7300 or Mobile: (647) 269 - 7300
    (416) 366 - 7301 (FAX)