Northern Iron Corp.

Northern Iron Corp.

August 26, 2011 14:10 ET

Northern Iron Completes 14 Drill Holes on Karas Property, Red Lake, Ontario

TORONTO, ONTARIO--(Marketwire - Aug. 26, 2011) -


Northern Iron Corp. (TSX VENTURE:NFE) (the "Company") is pleased to announce the completion of 14 exploration drill holes (approximately 5000 metres) of the planned 30 drill holes (10,000 metres) for the 2011 season.

The drill core has been cut and submitted to SGS Minerals Services, Red Lake and the analytical results are pending for release shortly.

"We are extremely pleased with our progress on the Karas property for this season and by all accounts our objectives for this exploration season will be met. What I really like about working in this area is that all the Northern Iron properties are road accessible from Ear Falls," said Basil Botha, President and CEO.

The Karas Property is comprised of 15 contiguous claims covering approximately 3,200 hectares. The property is situated approximately 20 km northeast of Ear Falls by an all weather gravel road.

The geological information in the news release has been verified by Raul Sanabria, P.Geo., who is the Qualified Person for Northern Iron Corp. under NI 43-101.

About Northern Iron Corp.

The Company is a mineral resource company engaged in the exploration of high quality iron ore in the Red Lake mining division, district of Kenora, Ontario, Canada. The Company holds 100% interest in minerals claims covering approximately 14,672 hectares, comprised of the El Sol Property, the Griffith Property, the Karas Property, the Papaonga Property and the Whitemud-Slate Property.

Cautionary Statement

The foregoing information may contain forward-looking statements relating to the future performance of the Company. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved of disapproved the information contained herein.

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