Northern Abitibi Mining Corp.
TSX VENTURE : NAI

Northern Abitibi Mining Corp.

June 24, 2008 13:00 ET

Permits Received and Fieldwork to Commence at Northern Abitibi's Viking Gold Property in Newfoundland

CALGARY, ALBERTA--(Marketwire - June 24, 2008) - Northern Abitibi Mining Corp. ("Northern Abitibi") (TSX VENTURE:NAI) is pleased to announce that exploration permits have been received and fieldwork is about to commence at the Viking gold property in western Newfoundland. The 2008 surface exploration program is scheduled to start next week and will consist of trenching, geologic mapping, and sampling. High priority targets identified during this surface program will be drill tested later in the summer or in the early fall.

Historic soil data has defined a very large four kilometer long gold-in-soil anomaly at Viking. In late 2007 Northern Abitibi excavated six trenches within this gold-in-soil anomaly. Four of the six trenches encountered high-grade mineralization with gold values ranging from 8.5 to 246.6 g/t (7.9 ounces per ton). During the 2008 surface program up to twenty two additional trenches will be constructed within the main gold-in-soil anomaly, exposing bedrock over a strike length exceeding three kilometers. Exposures will be mapped and sampled and company geologists will perform a detailed structural analysis to aid in the construction of a comprehensive geological model of the system, and orient the follow up drilling program.

Northern Abitibi

Northern Abitibi's technical team of experienced, professional geologists are assembling a portfolio of gold, nickel and other base metal projects from opportunities within Canada, Mexico and the United States. Northern Abitibi can earn a majority interest in the Viking project from Altius Resources Inc. by making staged share and cash payments and funding exploration over a period of 4 years. A description of the Viking project is available on our website (www.naminco.ca).

Dr. Shane Ebert is the Qualified Person responsible for the preparation of this news release.

Shane Ebert, President/Director

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Northern Abitibi's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Northern Abitibi. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Northern Abitibi's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Northern Abitibi's filings with the Canadian securities authorities. Accordingly, holders of Northern Abitibi shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Northern Abitibi disclaims any responsibility to update these forward-looking statements.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

Contact Information

  • Northern Abitibi Mining Corp.
    Shane Ebert
    (403) 233-2636
    or
    Northern Abitibi Mining Corp.
    Jean Pierre Jutras
    (403) 233-2636
    (403) 266-2606 (FAX)
    Website: www.naminco.ca