Mr. Martin Shefsky reports

NORTHERN GOLD MINING INC. ANNOUNCES COMPLETION OF $10,870,471 NON-BROKERED PRIVATE PLACEMENT

Northern Gold Mining Inc. has completed a non-brokered private placement for aggregate gross proceeds of $10,870,471 subject to regulatory approval. The offering consisted of the sale of 25,724,260 common shares composed of 11,205,078 shares issued on a hard-dollar basis at 40 cents per share for aggregate gross proceeds of $4,482,031 and 14,519,182 shares issued on a flow-through basis at 44 cents per share for aggregate gross proceeds of $6,388,440. Lead investors include funds managed by Sprott Asset Management LP.

The company intends to use the net proceeds of the offering for increased exploration activity on its Garrison gold property in Northern Ontario and for working capital purposes. Northern Gold has four drills operating and a fifth being delivered. Three drills will be used for infill drilling and two for step-out drilling on the Garrcon deposit. The deposit is open in both directions on strike and to depth. It is described in detail in a National Instrument 43-101 technical report filed on SEDAR on Aug. 8, 2011, and is also available on the company's website.

The securities issued pursuant to the offering will be subject to a four-month-and-one-day statutory hold period.

The technical aspects of this press release have been reviewed by Michael Gross, MS, PGeol, vice-president of exploration for Northern Gold, who is the qualified person as defined by NI 43-101 for this project.

We seek Safe Harbor.