TORONTO, ONTARIO
-- (MARKET WIRE)
-- 07/20/11
Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or "the Company") announces assay results for six additional diamond drill holes totaling 1,444 meters of core bringing the total meters of drilling reported for 2011's ongoing 30,000 meter drill program to 4,190 meters in 18 drill holes. These drill holes continue the infill drilling that is tightening up drill hole spacing and increasing the confidence level in the in the resource estimate and Preliminary Economic Assessment announced in the Press Release dated June, 23, 2011.
GAR-11-71A is an infill hole on Section Line 11+00W and is consistent with surrounding drill holes on the same line and on lines both to the east and west. GAR-11-60 is infilling along Section Line 12+75W and is very consistent with the drill holes around it. GAR-11-63 is infilling along Section Line 12+50W and is consistent with surrounding holes. GAR-11-65 is infill drilling along Section Line 13+25W and is very consistent with the surrounding holes. GAR-11-66 is infill drilling along Section Line 13+25W and is lower grade than the surrounding drill holes. GAR-11-68 is infill drilling along the south boundary of the resource footprint and is one the holes used to trace the South Zone westerly outside the resource footprint. Assay results are pending for the drill holes stepping out to the west southwest following the strike of the Shaft Zone.
The following table presents the significant highlights from the holes. Cut assays show the results of cutting assays higher than 34 g/t to 34.0 g/t.
Table 1 - Highlights of Assay Results(i)
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Au Au
From Incl Incl Incl To Interval g/t g/t
Hole ID Zone (m) (m) (m) (m) (m) (m) Un-Cut Cut
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GAR-11-60 Shaft 94.0 300.0 206.0 0.54 0.37
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117.0 249.0 132.0 0.80 0.54
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118.0 120.0 2.0 36.93 20.01
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118.0 119.0 1.0 67.86 34.00
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170.0 175.0 5.0 1.73 1.73
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GAR-11-63 Shaft 17.0 26.0 9.0 0.63
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136.0 272.0 136.0 0.52
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136.0 137.0 1.0 8.73
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236.0 272.0 36.0 0.94
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256.0 272.0 16.0 1.30
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GAR-11-65 Shaft 57.0 114.0 57.2 1.156
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63.0 91.0 28.0 1.82
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63.0 64.0 1.0 29.33
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89.0 90.0 1.0 7.06
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GAR-11-66 Shaft 109.0 121.0 12.0 0.68
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130.0 142.0 12.0 0.49
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GAR-11-68 Shaft 35.0 61.0 25.0 0.62
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58.0 60.0 2.0 3.86
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128.0 149.0 21.0 0.55
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142.0 149.0 7.0 1.06
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GAR-11- Shaft 76.0 294.0 218.0 0.67 0.43
71A
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76.0 78.0 2.0 2.67 2.67
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228.0 294.0 66.0 1.94 1.41
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291.5 292.5 1.0 87.23 34.0
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(i)As true widths are not known, all intervals are downhole intervals and
not true widths.
Table 2 - Location and Orientation of Drill Holes
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Section Line Section Line Azimuth
Hole ID West North (True) Inclination
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GAR-11-60 12+80W 8+25N 336.0 -55.5
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GAR-11-63 12+50W 11+00N 145.0 -43.2
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GAR-11-65 13+25W 8+90N 340.0 -55.0
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GAR-11-66 13+25W 8+15N 337.0 -57.3
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GAR-11-68 13+80W 9+00N 342.0 -47.9
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GAR-11-71A 11+00W 8+45N 336.0 -46.4
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Two assays above 34.0 g/t are reported in these results, bringing the total number of assay results received that are higher than one ounce per tonne to 12 since drilling commenced in May of 2010. Those assay results influenced by the high grade assay are also shown after applying a top cut grade of 34.0 g/t. Cross sections showing complete drill results including those announced above can be seen on the Company's web site http://ww.northerngold.ca/files/Garrcon-Cross-Sections.pdf.
Quality Assurance/Quality Control
Northern Gold Mining Inc. has QA/QC protocol in place for its exploration work. Northern is currently diamond drilling the Garrison Gold Property and the drilling contractor is Major Drilling Group International Inc. Core size is NQ, to give good sample sizes and enabling the possibility for at least two step-downs if ground conditions should require it. Core is delivered to the secure Core Shack facility by the driller or picked up by one of Northern Gold's designated personnel and transported to the Core Shack facility. In addition to recovery and RQD (Rock Quality Designation) data geologic parameters including lithology, alteration, quartz veining, presence and identification of sulfide mineralization along with other geologic parameters are noted and recorded. Core is marked in one meter intervals for splitting, sampling and assaying, unless geologic data indicate a shorter sample interval. Prior to splitting, all core is photographed. Core splitting is done with a diamond core saw and 1/2 of the drill core is submitted to Expert Laboratories, an accredited laboratory (PTP-MAL - Accredited by Standards Council of Canada - In full accord with ISO/IEC Guide 43-1 "Proficiency Testing by Interlaboratory Comparison") in Rouyn-Noranda, Quebec for assaying. The remainder of the core is stored at the Garrison Gold Property. All sample intervals where visible gold is observed to be present are automatically submitted for analysis using the metallic screen procedure where the entire half core is crushed, pulped and screened at 100 mesh. The screen oversize is assayed in total and the screen undersize is fire assayed in triplicate using a gravimetric finish. All other samples are analyzed by conventional fire assay using a 30 gram sample with geochemical finish. All samples that assay greater than one gram are re-assayed with conventional fire assay using a gravimetric finish. Conventional fire assay sample prep consists of crushing to 90% passing 10 mesh from which a 300 gram sample is split and pulped to 90% passing 200 mesh and from which a 30 gram sample is taken for fire assaying.
Following completion of fire assaying at Expert Laboratories, pulp samples are forwarded by Expert to SGS' certified laboratory (ISO/IEC 17025), in Toronto, Ontario for CN solubility assaying and for multi-element analyses of select samples. CN solubility test uses a 1% CN solution added to 30 grams of sample and shaken for an hour prior to settling and decanting for geochemical analysis. Multi-element analysis is conducted using 4-acid digestion followed by ICP analysis with OES finish (Inductively coupled plasma optical emission spectroscopy). Northern inserts a mixture of gold standard samples, blank samples and duplicate samples into the sample stream at a rate approximating 10% of total original samples. Samples are normally transported in a Company truck from the Property to Expert Labs in Rouyn-Noranda. Chain of Custody protocols require the signing and maintenance of logs and receipts each time the samples are picked up from or delivered to a new location. When utilizing commercial transportation, all shipping sacks are sealed with a numbered tag, the removal of which is recorded upon receipt by Expert Laboratories. Check analyses are conducted on a regular basis utilizing SGS' laboratory, in Toronto, Ontario.
About Northern Gold Mining
Northern Gold Mining Inc. is a TSX-V listed, publicly traded junior resource company based in Toronto, Ontario, dedicated to the discovery and development of high value mineral deposits in the proven mining camps of Kirkland Lake and Timmins in North Eastern Ontario. Northern Gold is focused on developing two advanced stage gold deposits on the Garrison Gold Property. The Property is located within the Abitibi greenstone belt along the Porcupine-Destor and the Munro Fault systems. The Property hosts several gold mineralized showings in addition to the two advanced stage exploration targets, the Jonpol and Garrcon Deposits, for each of which NI 43-101 compliant mineral resources have been calculated, and the less advanced 903 gold mineralized area. Historic diamond drilling by previous operators was completed in all three referenced areas. The Jonpol Technical Report was posted on SEDAR October 21, 2009 and the Garrcon Technical Report was posted on SEDAR November 5, 2010. The Garrison Gold Property has historic mining infrastructure at both the Jonpol and Garrcon Deposits and producing mines are located in close proximity to the property. On May 13, 2011, the Company completed its purchase of 100% ownership of the Garrison Gold Property from ValGold Resources Inc.
The technical aspects of this press release has been reviewed by Michael Gross M.S., P.Geol., Vice President Exploration for Northern Gold, who is the "Qualified Person" as defined by NI 43-101 for this project.
CAUTIONARY STATEMENT: This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Northern Gold Mining Inc.
Martin R. Shefsky
President and CEO
416.366.7300
416.366.7301 (FAX)
mshefsky@northerngold.ca
www.northerngold.ca
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