Northern Gold Mining Inc.

Northern Gold Mining Inc.

October 04, 2011 19:39 ET

Northern Gold Mining Inc. Announces Appointment of Chief Governance Officer

TORONTO, ONTARIO--(Marketwire - Oct. 4, 2011) - Northern Gold Mining ("Northern Gold" or the "Company") (TSX VENTURE:NGM) is pleased to announce the appointment of Heather Laxton as the Company's first Chief Governance Officer in addition to her role as Corporate Secretary of Northern Gold.

"We are very pleased to have Heather join Northern Gold in support of our commitment to corporate governance and compliance matters. Heather's tremendous experience and professionalism will greatly assist us in managing the growth at Northern Gold", commented Lieutenant-General J. C. "Jim" Gervais, CMM, CD (ret'd), Chairman of Northern Gold.

Ms. Laxton has 15 years of corporate governance, corporate secretarial and securities regulation experience with a focus on the resource sector. She has served as corporate governance manager and corporate secretary of mining companies listed on the Toronto Stock Exchange, London–AIM and NYSE–AMEX. Ms. Laxton is a member of the Canadian Society of Corporate Secretaries and the Institute of Chartered Secretaries and Administrators.

Options to acquire 100,000 shares at an exercise price of $0.40 per share for a period of five years have been granted to Heather Laxton effective September 16, 2011.

About Northern Gold Mining

Northern Gold Mining Inc. is a TSX Venture 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 Jonpol and Garrcon Deposit advanced stage exploration targets, for each of which NI 43-101 compliant mineral resources have been calculated, and the less advanced 903 gold mineralized area. Historically diamond drilling by previous operators was completed in all three referenced areas. An NI 43-101 Technical Report was posted on SEDAR October 21, 2009 for Jonpol, and two for Garrcon were posted on SEDAR November 5, 2010 and August 8, 2011. The Garrison Gold Property has historical mining infrastructure at both the Jonpol and Garrcon Deposits, and currently producing mines are located near the property. On May 13, 2011, the Company completed its purchase of 100% ownership of the Garrison Gold Property from ValGold Resources Inc.

CAUTIONARY STATEMENT: This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

Neither 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.

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