Northern Hemisphere Development Corp.

Northern Hemisphere Development Corp.

June 23, 2005 13:45 ET

Northern Hemisphere Development Corp.: Year-2005 Drilling Program to Commence Immediately at Kaza-Northstar Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 23, 2005) - The Board of Directors of Northern Hemisphere Development Corp. (TSX VENTURE:NHD) (the Company) is pleased to announce the immediate commencement of the year-2005 diamond drilling program on the Kaza-Northstar project, northwest of Fort St. James, British Columbia, Canada. The 2,150-metre "NQ-core" program will consist of ten holes targeting extensions of favourable stratigraphy and "Induced Polarization" geophysical anomalies hosting disseminated copper sulphide mineralization discovered in 2004. All holes are located within the "Northstar" project area.

The 2004 program resulted in an intercept grading 0.55% copper with 1.6 g/t silver across 453.7' (138.3m) in DDH NS-04-02, including an 85' (25.9m) sub-interval grading 1.17% copper and 4.2 g/t silver (see NHD News Release dated July 13, 2004). Hole NS-04-04, drilled at an angle of 65 degrees from the same set-up and azimuth as Hole NS-04-02, returned a 286.2' (87.2m) intercept grading 0.51% copper and 1.2 g/t gold (see NHD News Release dated Sept 7, 2004). This includes a 63.8' (19.4m) sub-interval grading 1.14% copper and 2.4 g/t silver.

The 2005 drilling program is focusing on identification of potential bulk-tonnage style copper - silver sulphide mineralization, somewhat west of the "Dilational Corridor" identified in 2003. Specifically, the 2005 program will commence with proximal step-out holes to the north and south respectively of the 2004 discovery holes, targeting extensions of known mineralization. The program will also target depth extension of surface copper-silver sulphide mineralization with some gold enrichment within the northern portion of the Dilational Corridor.

Surface Exploration

The 2005 program will also consist of detailed surface exploration, including geological mapping and rock and soil geochemical sampling, at the "Henry Lee Creek" project area, discovered in 2004 southwest of the Northstar project area. Exploration will lead to identification of potential drill targets in the vicinity of a granitic stock and adjacent mineralized andesitic volcanics.

Year-2004 composite grab sampling of fault gouge and strongly silicified, carbonate-altered andesites returned values of 855 ppb Au, 0.14% molybdenum, and 6.5 g/t silver. A separate 1.2m chip sample returned 10.6 g/t silver. Results of five rock chip samples taken from 300 to 400m to the southeast returned values ranging from 386 ppm copper with 0.3 g/t silver across 2.2m, to 8680 ppm copper, 28.6 g/t silver and 320 ppm molybdenum across 1.3m.

This News Release was reviewed by Mr. Carl Schulze, BSc, PGeo, the Qualified Person for the Kaza/Northstar Project, in accordance with regulations under National Instrument 43-101. All samples will be analyzed by Eco Tech Labs, a certified analytical laboratory located in Kamloops, British Columbia.

On Behalf Of The Board of Directors

J. Frank Callaghan, President

This News Release contains forward-looking statements regarding the timing and content of upcoming programs. Actual results may differ materially from those currently anticipated in such statements.

The TSX-Venture Exchange has neither approved nor disapproved of the information contained herein.

Contact Information

  • Northern Hemisphere Development Corp.
    Andrew Rees
    (604) 669-6463 or Toll Free: 1-800-663-9688
    (604) 669-3041 (FAX)