Northgate Minerals Corporation

Northgate Minerals Corporation

February 24, 2005 18:54 ET

Northgate Minerals Corporation: New 3-Year Labour Agreement Ratified By Kemess Employees Normal Operations To Resume Within A Few Days


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: NORTHGATE MINERALS CORPORATION

TSX SYMBOL: NGX
AMEX SYMBOL: NXG

FEBRUARY 24, 2005 - 18:54 ET

Northgate Minerals Corporation: New 3-Year Labour
Agreement Ratified By Kemess Employees Normal
Operations To Resume Within A Few Days

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 24, 2005) - Northgate
Minerals Corporation (TSX:NGX)(AMEX:NXG) today announced that its
subsidiary, Kemess Mines Ltd., has reached a final settlement with the
International Union of Operating Engineers Local 115, ending the strike
action that began on Tuesday, February 22nd, 2005.

The new three year agreement provides for wage increases of 4.5%, 4.0%
and 4.0% and for certain increases to the benefits package. The
settlement was reached with the assistance of mediator Vince Ready.

The Kemess mine will begin an orderly re-start of operations over the
next few days.

Northgate Minerals Corporation is a gold and copper mining company
focused on operations and opportunities in the Americas. The
Corporation's principal assets are the 300,000-ounce per year Kemess
mine in north-central British Columbia and the adjacent Kemess North
deposit, which contains a Proven and Probable Reserve of 4.1 million
ounces of gold. Northgate is listed on the Toronto Stock Exchange under
the symbol NGX and on the American Stock Exchange under the symbol NXG.

Forward-Looking Statements

This news release includes certain "forward-looking statements" within
the meaning of section 21E of the United States Securities Exchange Act
of 1934, as amended. These forward-looking statements include estimates,
forecasts, and statements as to management's expectations with respect
to, among other things, future metal production and production costs,
potential mineralization and reserves, exploration results, progress in
the development of mineral properties, demand and market outlook for
commodities and future plans and objectives of Northgate Minerals
Corporation (Northgate). Forward-looking statements generally can be
identified by the use of forward-looking terminology such as "may,"
"will," "expect," "intend," "estimate," "anticipate," "believe," or
"continue" or the negative thereof or variations thereon or similar
terminology. Forward-looking statements are necessarily based upon a
number of estimates and assumptions that, while considered reasonable by
management are inherently subject to significant business, economic and
competitive uncertainties and contingencies. There can be no assurance
that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from Northgate's expectations are disclosed under the heading
"Risk Factors" in Northgate's 2003 Annual Report and under the heading
"Trends, Risks and Uncertainties" in Northgate's 2003 Annual Information
Form (AIF) both of which are filed with Canadian regulators on SEDAR
(www.sedar.com) and with the United States Securities and Exchange
Commission (www.sec.gov). Northgate expressly disclaims any intention or
obligation to update or revise any forward-looking statements whether as
a result of new information, future events or otherwise.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Northgate Minerals Corporation
    Mr. Ken G. Stowe
    President and Chief Executive Officer
    (416) 216-2772
    or
    Northgate Minerals Corporation
    Mr. Jon A. Douglas
    Senior Vice President and Chief Financial Officer
    (416) 216-2774
    www.northgateminerals.com