Northland Resources Inc.
TSX VENTURE : NAU

Northland Resources Inc.

November 07, 2005 10:00 ET

Northland Resources Identifies Major Copper-Gold Target at Hannukainen Mine, Finland

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 7, 2005) - Buck Morrow, President of Northland Resources Inc. ("Northland") (TSX VENTURE:NAU) is pleased to announce that recent work at the Hannukainen mine area in Finland has identified a significant copper-gold target centered near the past-producing Hannukainen open pit mine.

The copper-gold target was identified by re-logging and re-assaying of historic drill core from Hannukainen stored at the Geological Survey of Finland (GTK) core library. The target is currently defined as a linear zone measuring approximately 800 meters by 200 meters, is open to the northeast and southwest, and projects into areas untested by previous drilling. It is located within the historic 66 million tonne Hannukainen magnetite resource but lies largely outside the limits of the historic mining activities.

Northland's re-assaying program has returned numerous anomalous copper-gold intersections. Highlights include:



----------------------------------------------------------------
Inter-
From To section Au Cu Fe
Hole No. (m) (m) (m) (g/t) (%) (%)
----------------------------------------------------------------
Han-089 86.5 107.9 21.5 0.56 0.87 35.5
----------------------------------------------------------------
Lau-251 122.6 155.0 32.4 0.38 0.91 37.8
----------------------------------------------------------------
Lau-177 99.9 131.8 31.9 0.23 0.47 34.6
----------------------------------------------------------------
Lau-180 148.3 174.7 26.4 0.31 0.51 43.2
----------------------------------------------------------------
Han-061 130.2 169.9 39.7 0.17 0.52 39.7
----------------------------------------------------------------
Lau-249 110.6 143.2 32.6 0.19 0.39 44.3
----------------------------------------------------------------


A full table of the re-assayed intersections which define the Hannukainen copper-gold trend is attached to this release and a drill collar map showing the positions of the re-assayed holes is available on the Northland website (www.northlandresourcesinc.com).

The Hannukainen area represents one of a number of known iron-oxide-copper-gold (IOCG) type magnetite occurrences in the Kolari District, Finland currently being re-evaluated by Northland. Reinterpretation of the historic drilling, (175 re-logged holes and 100 re-assayed old drill holes) and compilation of grade-thickness maps for the copper and gold values, has defined an 800m long, northeast trending linear copper-gold anomaly within the magnetite body through the pit area. The anomaly extends to the limits of previous drilling 375 meters southwest of the pit and an unknown distance to the northeast of the pit. Northland's geologists suspect that the northeast-trending linear feature represents a zone of remobilization or the presence of a "feeder structure" containing copper-gold mineralization.

This new data provides Northland with an important new drill target in the shear-controlled Hannukainen IOCG district. The presence of high copper and gold grades at Hannukainen would significantly enhance the economics of the known magnetite iron deposits in the area. Northland's exploration efforts in the coming winter will be focused on defining further drill targets on this important copper-gold-rich magnetite body and on verifying the grade and tonnage of the existing magnetite resource.

The deposits at Hannukainen in northwestern Finland are hosted by the Pajala Shear Zone. They belong to the IOCG class of mineral deposits. The Geologic Survey of Finland (GTK) reports that the Hannukainen deposits contain iron resources of 66 million tonnes of magnetite with anomalous copper and gold grades.

Hannukainen was mined historically and is reported to have produced iron, copper and gold, with production of 4.5 million tonnes at a grade of 43% Fe, 0.88% Cu, and 1 g/t Au. Northland's recent work has focused on exploring the potential for additional economic copper and gold mineralization within the magnetite resource.

NI 43-101 Statement

It should be noted that for some mineralized intervals quoted in the results table, insufficient core was available from part of the mineralized section for assay purposes. The GTK requires that a minimum of one quarter of the core remains in their archive. So, for some holes, it has not been possible to assay the complete mineralized section leading to gaps in the results. For example, in Hole LAU 252 (see table) the mineralization is known to extend from 126.6m to 146.3m, an interval of 19.7m. However, Northland's geologists were only able to sample and assay 12.7m of this interval because insufficient core would have been left in the archive for the remainder of the interval. Northland is currently collating and checking the historic assay data in an attempt to fill in these gaps in the data. Where the missing intervals are less than 1m long, they have been factored into the weighted averages at zero grade and therefore have the affect of understating the Au, Cu and Fe grades slightly.

The resource estimates quoted in this news release were prepared prior to the implementation of National Instrument 43-101. The historical resource estimate quoted herein does not use the resource categories stipulated in Section 1.3 of National Instrument 43-101, which are "inferred mineral resource", "indicated mineral resource" and "measured mineral resource". Rather, the historical resource estimate for the Hannukainen deposit reported by the Geological Survey of Finland refers to "66 million tones", which is not a category stipulated in National Instrument 43-101. The Company believes that term "resources" is used differently from the use of that term in NI 43-101. The Company does not have - and is not aware of - any more recent resource estimates which conform to the standards laid out in NI 43-101.

The Company advises that it has not done the work necessary to verify the classification of the mineral resource estimate and it has not been verified by a Qualified Person. The Company is not treating the historical resource estimate as a NI 43-101 defined resource or reserve, and the historical resource estimate should not be relied upon.

Vance V. Thornsberry, P.Geol., Vice President of Exploration for Northland, is the Qualified Person as defined in NI 43-101, responsible for the design and execution of the Hannukainen re-assay program and has verified that the drill intersections contained in this release are an accurate summary of the assay data received by the company. Mr. Thornsberry has also verified that the historic information presented in this release has been accurately summarized from the reports quoted herein.

Background

Northland Resources Inc. is a well-structured, debt free junior exploration company with a portfolio of high quality iron, gold, and base metal exploration projects in Sweden and Finland.

ON BEHALF OF THE BOARD

Buck Morrow, President

NORTHLAND RESOURCES INC.



Northland Resources Inc. Hannukainen Drill Results, November 7, 2005
---------------------------------------------------------------------
Hole Inter- Au Cu Fe
No. From To section g/t % % Comments
---------------------------------------------------------------------
LAU-
256 89.1 104.9 15.8 0.28 0.61 30.8

LAU-
260 66.7 74.5 7.8 0.51 0.47 28.8

LAU-
257 93.4 107.2 13.8 0.30 0.37 43.3

HAN-
072 208.7 216.6 7.9 0.20 0.25 46.2

HAN-
045 109.7 121.1 11.4 0.22 0.27 42.4

LAU-
259 83.4 93.1 9.8 0.44 0.40 42.7

HAN-
100 123.4 128.2 4.8 0.01 0.29 25.7 Footwall

LAU-
261 90.8 114.9 24.1 0.30 0.46 41.0

LAU-
178 123.2 143.0 19.8 0.05 0.21 45.0
and 154.0 164.5 10.5 0.14 0.32 35.6 Lower magnetite body

LAU-
253 111.5 120.3 8.8 0.38 0.45 48.2

LAU-
254 74.8 81.1 6.3 0.39 0.50 47.7

HAN-
157 86.8 101.7 15.0 0.48 0.41 33.2

LAU-
176 154.2 159.6 5.4 0.02 0.18 47.9
159.6 160.6 1.0 No core available for assay
160.6 176.0 15.4 0.16 0.51 45.5
176.0 178.3 2.3 No core available for assay
178.3 186.2 4.35 0.07 0.40 30.4

LAU-
252 126.6 133.0 6.5 0.16 0.34 51.9 133-140.2m mineralized but
insufficient core for assay
and 140.2 146.3 6.2 0.41 0.58 31.7

LAU-
177 99.9 131.8 31.9 0.23 0.47 34.6

HAN-
071 125.6 167.2 41.7 0.13 0.33 39.6

HAN-
089 86.5 108 21.5 0.56 0.87 35.5 Includes 80cm at zero grade

HAN-
042 75.6 82.7 7.1 0.53 0.41 44.7

HAN-
086 28.0 39.7 11.7 0.22 0.22 44.3 Magnetite zone extends to
54.5m but insufficient core
for assay

LAU-
251 122.6 155.0 32.5 0.38 0.91 37.8

LAU-
250 102.9 112.0 9.1 0.05 0.18 40.0
incl-
udes 112.0 116.0 4.0 No core for assay
116.0 130.6 14.6 0.16 0.30 45.2

HAN-
142 94.1 107.3 13.2 0.11 0.20 38.6 Inc. 65cm at zero grade: no
core for assay
and 109.5 117.2 7.8 0.21 0.25 54.6
and 125.6 130.8 3.4 0.12 0.35 40.9 Only 3.4m core available
for assay. Results are
weighted average of 2 non
adjacent samples

HAN-
061 130.2 169.9 39.7 0.17 0.52 39.7

LAU-
249 110.6 143.2 32.6 0.19 0.39 44.3

HAN-
075 87.7 98.2 10.5 0.10 0.20 31.8
100.1 104.2 4.1 0.69 2.59 48.8 98.2-100.2m & 104.2-1-7.1m
Insufficient core available
for assay
107.1 109.7 2.6 0.07 0.20 58.4

LAU-
170 80.5 101.7 21.2 0.26 0.37 26.8

HAN-
046 25.1 29.5 4.5 0.02 0.42 33.7
and 37.1 40.7 3.6 0.04 0.31 31.7 Lower magnetite body

LAU-
180 148.3 174.7 26.4 0.31 0.51 43.3 Includes 40cm averaged at 0
grade

LAU-
248 107.4 132.8 25.4 0.14 0.48 43.1

HAN-
048 14.0 17.7 3.7 0.06 0.29 41.6

LAU-
247 92.8 121.1 28.4 0.10 0.36 40.4

LAU-
217 5.6 16.1 10.6 0.13 0.56 32.3
and 19.2 35.1 16.0 0.02 0.19 17.3 Footwall body

LAU-
224 7.2 15.5 8.3 0.04 0.25 43.3
---------------------------------------------------------------------
All intercepts presented in this table represent in-situ material.


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

Contact Information