Northern Gold Mining

Published : July 29th, 2008

ANNOUNCES COMMENCEMENT OF DIAMOND DRILLING AT THE NEW HIGH GRADE GOLD DISCOVERY ON THE KIRANA PROPER

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Keywords :   Diamond | Gold | Gold Discovery | Iron |

NORTHERN  GOLD ANNOUNCES COMMENCEMENT OF Diamond DRILLING AT THE NEW HIGH GRADE GOLD DISCOVERY ON THE KIRANA PROPERTY


Toronto, Ontario (July 28, 2008):
  Northern Gold Mining Inc. (TSX-V NGM) is pleased to announce that it will commence Diamond drilling Mon. July 28th 2008 on the recently discovered high grade Matheson Zone in the Fidelity area on its Kirana property.  Cabo Drilling (Ontario) Corp. has been contracted to drill a 1st phase 2,000 metre NQ drill program to test and define the form and structure of the recently discovered high grade mineralization. As announced on July 23, 2008, Northern Gold Mining has uncovered high-grade mineralization with selected samples assaying as high as 2305.12 g/t Au (67.22 oz/ton) in a pervasive quartz-iron carbonate flooding named the Matheson Zone on its Kirana property. The property lies 5 kms to the northeast of the prolific Kirkland Lake gold camp, where to date more than 24 million ounces of gold have been produced. The Kirana Claim Group comprises 86 contiguous claim units, 4 patent blocks and an isolated block of 8 more claim units just south of the main group. 

Though grade continuity will be tested with this program the primary goal will be to define the morphological characteristics of the mineralization for effective definition drilling to follow. To achieve this purpose different drill azimuth directions will be tested in a series of short holes generally less than 100 metres in length. The program will be flexible with observations from the initial holes guiding the remainder of the program. This program will be followed by a more extensive and deeper 5,000-10,000 metre drill program stepping out along strike and deeper down-dip on the Matheson Zone as well as testing regional targets along the Kirana Break. Northern Gold's Kirana property covers 6.2 kms of the Kirana Break strike length to the east of the new discovery area. 

Additionally Northern Gold Mining has contracted Geotech Ltd. to fly a VTEM Time Domain EM survey over the Kirana property. The survey will cover approximately 434 line kms. Northern Gold Mining will be looking for a reference signature over the Matheson Zone that can be traced and duplicated over other areas along the Kirana Break to provide immediate targeting for subsequent Diamond drilling. The survey is expected to be flown in the week of July 27th to Aug. 1st, 2008. 

Over the past week Northern Gold Mining has continued its extensive power-stripping, washing and sampling program. Irregular channel sampling is currently underway across the Matheson Zone. The steep undulating nature of the topography, near vertical locally, over which this zone lies prevents Northern Gold from cutting regular, systematic channel samples over it. 

Results of this sampling program and the sampling procedures have been reviewed by R.V. Zalnieriunas P.Geo. an independent consulting geologist who is the "Qualified Person" as defined by NI 43-101 for this project. 

Northern Gold Mining Inc. is a Toronto based junior resource company dedicated to mineral exploration in the proven and dynamic mining camps of Northern Ontario. 

  

For further information please contact:   

Northern Gold Mining Inc.   

Martin Shefsky                                             
President and CEO                                    
Tel: (416) 366-7300                                     
Fax: (416) 366-7301                                    
E:
mshefsky@northerngold.ca                    
 
 

Jeffery Boykin
VP Investor Relations Regulatory Affairs
Tel: (416) 366-7300
Fax: (416) 366-7301
E:jboykin@northerngold.ca

Web site: www.northerngold.ca  

CAUTIONARY STATEMENT: The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, future plans and objectives of Northern Gold Mining Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Northern Gold Mining Inc.'s expectations are the risks detailed herein and from time to time in the filings made by Northern Gold Mining Inc. with securities regulators.

 
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Northern Gold Mining

EXPLORATION STAGE
CODE : NGM.V
ISIN : CA66516M1095
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Northern Gold is a gold exploration company based in Canada.

Northern Gold holds various exploration projects in Canada.

Its main exploration properties are KIRKLAND LAKE, BOURKES GROUP, KIRKLAND LAKE, KIRANA GROUP, GARRISON and GARRISON - JONPOL / MONETA in Canada.

Northern Gold is listed in Canada. Its market capitalisation is CA$ 3.1 millions as of today (US$ 2.3 millions, € 2.1 millions).

Its stock quote reached its highest recent level on April 08, 2011 at CA$ 0.64, and its lowest recent point on December 23, 2015 at CA$ 0.01.

Northern Gold has 314 920 000 shares outstanding.

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