Northern Gold Mining Inc.
TSX VENTURE : NGM

Northern Gold Mining Inc.

October 05, 2011 09:15 ET

Northern Gold Reports Results for Seven Garrcon Deposit Drill Holes-Intersects 202 Meters at 0.33 g/t and 55 Meters at 0.97 g/t

TORONTO, ONTARIO--(Marketwire - Oct. 5, 2011) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announces assay results for seven additional diamond drill holes totaling 2,271 meters from its ongoing 2011 drill program. This brings the total meters of drilling reported for the 2011drill program to 8,999 meters in 30 holes. All of these holes continue the infill drilling needed to tighten up drill hole spacing within the existing resource footprint at the Garrcon Deposit, to increase the quality of the resource and to increase the confidence level in the latest resource estimate and the Preliminary Economic Assessment that were disclosed in the NI43-101 Technical Report completed by A.C.A. Howe International Ltd posted on SEDAR August 8, 2011.

The seven holes were drilled along north/south oriented drill fences that cover an east-west strike length of 200 meters in the eastern half of the resource footprint with locations shown in Table 2..Gold mineralization intercepted along section line 10+00 W in DD holes GAR-11-80, GAR-11-85 and GAR-11-86 is consistent with mineralization in DD holes located along strike to the west for at least 100 meters. DD hole GAR-11-87 located on Section Line 9+50 W, 50 meters to the east, also along strike, intercepted gold mineralization consistent with that seen in DD holes GAR-11-85 and GAR-11-86. Gold mineralization encountered in drill holes GAR-11-82, GAR-11-83 and GAR-11-84, all located on Section Line 8+00 W, intercepted mineralization consistent with that intercepted in nearby holes drilled by previous operators. All three of these holes were drilled northwards until they encountered the ultramafic rocks that form the northern boundary of the Garrcon Deposit.

The following table presents highlights from the drill holes. Additional details can be seen by viewing a complete set of cross sections posted on the Company's website that have complete assay details. Please click on the following link:

http://www.northerngold.ca/files/Garrcon-Cross-Sections.pdf

Table 1 – Highlights of Assay Results*


Hole ID


Zone

From
(m)

Incl
(m)

Incl
(m)

Incl
(m)

To
(m)

Interval
(m)
Au
g/t
Un-Cut
GAR-11-80 North 56.0 72.0 16.0 0.92
North 71.0 72.0 1.0 12.00
Shaft 253.0 254.0 1.0 2.49
Shaft 304.0 307.0 3.0 1.27
GAR-11-82 Shaft 38.0 81.0 43.0 0.55
Shaft 70.0 71.0 1.0 3.90
North 163.0 164.0 1.0 2.17
North 189.0 197.0 8.0 0.55
GAR-11-83 Shaft 88.0 112.0 24.0 1.51
Shaft 97.0 102.0 5.0 3.77
North 411.0 417.0 6.0 1.66
North 413.0 416.0 3.0 2.80
GAR-11-84 Shaft 9.0 11.0 2.0 1.18
GAR-11-85 Shaft 19.0 22.0 3.0 0.43
Shaft 58.0 65.0 7.0 0.84
North 254.0 268.0 14.0 0.80
North 282.0 287.0 5.0 1.03
GAR-11-86 Shaft 8.0 73.0 65.0 0.386
Shaft 29.0 33.0 4.0 1.20
Shaft 174.0 183.0 9.0 0.66
North 287.0 342.4 55.4 0.97
North 325.0 338.0 13.0 1.79
North 326.0 332.0 6.0 2.45
GAR-11-87 Shaft 8.0 11.0 3.0 0.76
North 153.0 355.0 202.0 0.33
North 260.0 355.0 95.0 0.50
North 260.0 268.0 8.0 1.97
North 334.0 355.0 21.0 0.88
North 335.0 339.0 4.0 1.44
North 343.0 345.0 2.0 1.94
*True widths are not known because mineralization occurs as stockwork veining, therefore, all assay intervals are downhole intervals and not true widths.
Table 2 – Location and Orientation of Drill Holes

Hole ID
Section Line
West
Section Line
North
Azimuth
(True)

Inclination
GAR-11-80 9+96 W 11+03 N 167.2 -44.4
GAR-11-82 8+00 W 9+10 N 334.4 -44.4
GAR-11-83 8+00 W 8+66 N 340.0 -45.0
GAR-11-84 8+04 W 9+80 N 340.0 -45.0
GAR-11-85 10+00 W 9+72 N 340.0 -70.0
GAR-11-86 10+00 W 9+23 N 340.0 -65.0
GAR-11-87 9+50 W 9+47 N 340.0 -65.0

Because no assays above 34.0 g/t are reported in these results, the total number of assay results received that are higher than one ounce per tonne since drilling commenced in May of 2010 remains at 12. With more than 19,000 samples analyzed, 12 samples is a statistically insignificant frequency (0.06% of total samples).

Quality Assurance/Quality Control

Northern Gold Mining Inc. has QA/QC protocol in place for its exploration work. The Company is currently diamond drilling the Garrison Gold Property and the drilling contractor that completed these holes is Major Drilling Group International Inc.. Core size is NQ, to give good sample sizes and enables 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 1/2 of the drill core is submitted to Expert Laboratories, an accredited laboratory (PTP-MAL – Accredited by Standards Council of Canada – In full accord with ISO/IEC Guide 43-1 "Proficiency Testing by Interlaboratory Comparison") 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' certified laboratory (ISO/IEC 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 optical emission spectroscopy). Northern Gold 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 SGS' laboratory, in Toronto, 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. In addition to the advanced stage Jonpol and Garrcon Gold Deposits, both of which have NI 43-101 compliant resource estimates completed, the property hosts several other gold mineralized showings including 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 latter of which includes a Preliminary Economic Assessment. 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.

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". 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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