Mr. Bruce Reid reports

CORRECTION - 55 NORTH MINING INC. ANNOUNCES AN UPDATED EXPLORATION AGREEMENT WITH THE MARCEL COLOMB FIRST NATION BAND

55 North Mining Inc. and Marcel Colomb First Nations (MCFN) have signed an exploration agreement outlining a framework for exploration activities within MCFN traditional territory and a mutually beneficial relationship between the company and MCFN.

The agreement details how the two parties will work together to progress continuing exploration activity.

As part of the company's agreement with the Marcel Colomb Band, the company will issue two million common shares and the board of directors has approved the grant, to the Marcel Colomb Band, of two million stock options exercisable for a total of two million common shares at an exercise price of 15 cents for a period of 60 months. All options were granted pursuant to the company's stock option plan and are subject to the terms of the applicable grant agreements and the requirements of the Canadian Securities Exchange.

About 55 North Mining Inc.

55 North Mining is an exploration and development company advancing its high-grade Last Hope gold project, located in Manitoba, Canada.

We seek Safe Harbor.