Northern Gold Mining Inc.
TSX VENTURE : NGM

Northern Gold Mining Inc.

August 14, 2008 10:47 ET

Northern Gold Mining Announces Additional High Grade Gold Assays 552.96 g/t (16.13 oz/t) on Its Kirana Property

TORONTO, ONTARIO--(Marketwire - Aug. 14, 2008) - Northern Gold Mining Inc. (TSX VENTURE: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. Analytical results from the initial lot of 44 chip and channel samples, collected in the stripping and sampling program after the high grade gold discovery, have been returned confirming the presence of very high grade local gold with assays up to 552.96 g/t (16.13 oz/ton) Au. The Kirana property comprises 86 contiguous claim units, 4 patent blocks and an isolated block of 8 claim units just south of the main group. The claim group extends across 4 townships, 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.

To date an additional 1350 square metres of bedrock has been exposed in the surface stripping and sampling program including the hillside between the two previous stripped areas. It is now believed the mineralized zone exposed in the initial hillside stripping represents a continuous sheet of mineralization, striking along the hillside at 118 degrees and dipping down the slope of the hillside at 45-60 degrees, as abundant quartz-carbonate alteration with molybdenum and fine disseminated pyrite continues across the newly exposed hillside stripping between the two previously stripped areas. The total continuous strike length of the zone now exposed is approximately 105 metres. The zone would be open along strike to the west and down-dip. To the east the zone would intersect the wide shearing presumed to be the Kirana Break and would be dragged into the shearing possibly to be offset on the eastern side of the shearing. Because of the irregular, undulating, often very steep nature of the hillside topography in this area it is not possible to cut systematic channel samples across the zone. Sampling continues as localized, irregular channel and chip samples, attempting to be as representative as is possible within the constraints of the irregular topography. The lot of 44 assays just returned represents samples taken from an area up to 10 metres south and west of the area of the original eastern stripped area where coarse visible gold was reported, and additional samples gathered from the original western stripped area. The new sampling south and west of the coarse visible gold area returned assays as high as 74.43 g/t Au while additional sampling on the western stripped area returned assays as high as 552.96 g/t Au where previously the highest assay was 40.96 g/t Au. An assay plan showing all assays returned to date can be viewed at http://www.northerngold.ca/pdfs/fidelitystrippingupdate.pdf. The table below lists all 44 of the newly received assays.



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Sample # Assay Assay Type Length Assay
(g/t) (oz/ton) (metres) Certificate #
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28209 552.96 16.13 selected NA 4272
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28085 74.43 2.17 channel 0.75 4272
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28080 4.05 0.12 channel 0.65 4270
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28078 3.84 0.11 channel 0.4 4270
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28082 3.50 0.10 channel 0.6 4270
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28092 3.22 0.09 selected NA 4271
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28068 2.06 0.06 selected NA 4270
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28075 1.92 0.06 channel 0.55 4270
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28208 1.51 0.04 selected NA 4270
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28074 1.44 0.04 channel 0.6 4270
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28207 1.37 0.04 selected NA 4271
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28086 1.30 0.04 channel 1.1 4271
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28091 0.89 0.03 selected NA 4271
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28092 0.82 0.02 selected NA 4271
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28067 0.69 0.02 channel 0.55 4270
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28087 0.48 0.01 channel 0.3 4271
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28083 0.41 0.01 channel 0.35 4271
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28084 0.34 0.01 channel 1.0 4271
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28072 0.27 0.01 channel 1.0 4270
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28079 0.27 0.01 channel 0.9 4270
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28076 0.21 0.01 selected NA 4270
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28088 0.21 0.01 channel 0.3 4271
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28210 0.21 0.01 selected NA 4271
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28081 & 28206 0.15 TR channel 1.0 4270 & 4271
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28065 0.02 TR selected NA 4270
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28066 0.02 TR selected NA 4270
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28069 0.02 TR channel 0.5 4270
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28070 0.02 TR channel 0.45 4270
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28071 0.02 TR selected NA 4270
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28077 0.02 TR channel 0.45 4270
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28089 0.02 TR channel 0.45 4271
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28090 0.02 TR channel 0.65 4271
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Power-stripping and washing of the area is now complete with irregular chip and channel sampling of the newly exposed areas on-going. Eleven drill holes ranging in lengths from 50-100 metres has now been completed testing the Matheson Zone with logging, splitting and assaying on-going. To date 770 metres of NQ drilling has been completed on this 2000 metre initial phase drilling.

Northern Gold Mining follows certain quality assurance and control (QA/QC) procedures 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 the ISO 9001:2000 certified Polymet Laboratories in Cobalt, Ontario where samples were analyzed for gold using fire assaying techniques. As part of its QA/QC work, the Company submits blanks and standards approximately every 50 samples to check for possible analytical error.

In addition, Northern Gold has received assays from samples taken on its Sylvanite Tailings project, on the basis of which samples it has determined that the project is sub-economic and has decided to discontinue further work on the tailings project for the time being.

Results of these sampling programs and the sampling procedures have been reviewed by R.V. Zalnieriunas P.Geo. an independent consulting geologist who is the "Qualified Person" as defined by NI 43-101 for this project.

CAUTIONARY STATEMENT: No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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