Northern Star Mining Corporation
TSX VENTURE : NSM

Northern Star Mining Corporation

June 19, 2008 09:03 ET

Northern Star Mining Corporation: Annual Meeting and Drill Results Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 19, 2008) - Northern Star Mining Corp. (TSX VENTURE:NSM) announces that at the Annual General Meeting held on June 12, 2008, the shareholders re-elected its current board of directors.

The company's re-elected board of directors consists of Michel David, president and director, Jonathan Awde, BComm, vice president of corporate finance and director, Richard Silas corporate secretary and director, Jeffrey Cocks, Whit Tehan and Lawrence Hoffman, Directors.

The Company is also very pleased that over 55% of its shareholders, representing 52,442,186 shares exercised their right to vote. It is notable that 49,178,744 shares voted in favor of the resolution to ratify/approve the director's actions during the past year, representing an approval rate of over 94%.

The company also wishes to announce further results from its diamond drill program on its wholly owned Malartic-Midway gold project located 16 kilometers west of Val-d'Or, Quebec. Val-d'Or is a world renowned gold mining district.

These results are from drilling oriented towards the discovery and identification of lower grade gold mineralization with porphyries of the Osisko-Canadian Malartic and Agnico-Eagle Goldex types.

The full drilling program was also oriented to discover and define gold mineralization structures, alteration and rock mechanics in advancement of the underground exploration and development at the Malartic-Midway gold project.

The present holes were all drilled on the Piche-Harvey portion of the project.

Results are as follows:



HOLE # From (m) To (m) Core length (m) Grade (g/t Au) Rock Type

MH 07-101 141.5 142.5 1.0 5.14 Porphyry
Including 198.7 201.0 2.3 1.545 Porphyry
210.3 244.0 33.7 0.906 Porphyry

MH 07-109 125.0 131.0 6.0 1.311 Porphyry

MH 07-110 107.1 114.1 7.0 2.875 Porphyry

MH 07-111 144.9 159.4 14.5 0.935 Porphyry

MH 07-112 179.6 181.6 2.0 1.633 Porphyry

MH 07-113 179.0 182.0 3.0 6.187 Porphyry
Including 200.0 201.5 1.5 9.775 Porphyry

MH 07-114 73.0 75.5 2.5 1.96 Porphyry
Including 115.5 119.2 3.7 2.133 Porphyry

MH 07-115 172.0 176.5 4.5 1.545 Porphyry

MH 07-116 127.0 133.0 6.0 5.395 Porphyry

- Core lengths are fairly close to true width


The diamond drill results from this far western portion of the property (Piche-Harvey section) continue to demonstrate the potential of these porphyry bodies. Combined with the results previously announced from this drill program, the potential for discovering new high grade gold mineralization in gabbros and lower grade gold mineralization in porphyries of the Osisko and Goldex types is impressive.

Diamond drilling on the project is presently underway using two drill rigs.

As well, construction of the decline (see press release February 27, 2008) is progressing on schedule.

The decline will access, explore, develop and bulk sample gold mineralized zones located northwest of the decline Portal (entrance), initially to the 450 foot level (Chabela Zone), then extend further accessing other zones located under the old townsite of Halet at the 750 foot level. The gold bearing zones are all located in gabbro and porphyry bodies indicated by surface drill programs.

The main contractor of the decline construction is Dumas Ltd. The consulting engineering firm is Genivar Ltd.

A progress report will be available shortly.

Claude P. Larouche, Geol. Ing. (OIQ) acts as the qualified person of the Company and has reviewed the contents of the news release. The diamond drilling and exploration programs are being carried out under the direct supervision of Claude P. Larouche, Ing, (OIQ). The company is maintaining strict standards for QA (quality assurance) and QC (quality control), by keeping under lock all drill cores, rejects and pulps for further testing. Samples were sent to ALS Chemex labs in Val d'Or, Quebec.

ON BEHALF OF THE BOARD

Michel David, President

This press release is available on the official Northern Star Mining IR Hub at http://www.agoracom.com/ir/NorthernStar where retail investors can post questions and receive answers within the business same day, review questions and answers posted by other investors or communicate with fellow investors in a monitored community.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Northern Star Mining Corporation
    Michel David
    President
    (819) 825-8088 or Toll Free: 1-800-460-5031
    (819) 825-1199 (FAX)
    Website: www.nsmgold.com