Northern Gold Mining Inc.

Northern Gold Mining Inc.
Wahgoshig First Nation

Wahgoshig First Nation

January 20, 2012 07:00 ET

Northern Gold and Neighbouring Wahgoshig First Nation Move Forward on Flagship Garrison Gold Property

TORONTO, ONTARIO--(Marketwire - Jan. 20, 2012) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") and the Wahgoshig First Nation ("Wahgoshig") jointly announced today that both parties are pleased with the cooperation and working relationship that has grown and developed since Northern Gold began working on the Garrison Gold Property.

"We are thrilled to have established a great working relationship with our neighbours, the Wahgoshig First Nation who are located slightly north of our Garrison Property," said Martin Shefsky, President and CEO of Northern Gold Mining Inc. "We are confident that the mutual respect developed during the past two years will continue to be a guiding principal as Northern Gold moves forward with exploration and development of the Garrcon Gold Deposit".

"Wahgoshig First Nation is pleased to have Northern Gold Mining Inc. as a neighbour and exploration company that respects and cooperates with First Nation Peoples," said David Babin, Chief of Wahgoshig First Nation. "Northern Gold has kept us informed of their exploration activities and continues to use services the band provides and also employs band members on a regular basis. The Company has recently suggested new ways in which we can expand our areas of cooperation." Chief Babin added, "At our last meeting, Northern Gold and Wahgoshig decided that given the current state of exploration on the Garrison Gold Property, the parties have agreed that the time has arrived to begin negotiations on an Impact Benefits Agreement (IBA) for the Garrison Gold Property."

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 its 100% owned Garrison Gold Property. In addition to the advanced stage Jonpol and Garrcon Gold Deposits, both of which have NI 43-101 compliant mineral resource estimates presented in independent NI 43-101 Technical Reports posted to SEDAR (October 21, 2009, October 23, 2010 and August 8, 2011), the property hosts several other gold mineralized showings including the less advanced 903 gold mineralized area. A Preliminary Economic Assessment is included in the 43-101 Technical Report posted to SEDAR 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.

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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