NORTH ATLANTIC DRILLS INTERCEPTS AT THE FT GOLD PROJECT IN SOUTHERN MALI

HIGHLIGHTS INCLUDE:

                     � 44 METRES AT 1.95 GPT AU,

                     � 32 METRES AT 2.65 GPT AU,

                     � 12 METRES AT 8.99 GPT AU and,

                     � 8 METRES AT 7.10 GPT AU

North Atlantic Resources Ltd. (NAC:TSX-V) ("North Atlantic" or "the Company") is pleased to announce drill results from approximately 1,100 metres of drilling from the ongoing reverse circulation (RC) drill program at its 100% owned FT Gold Project ("FT") in Southern Mali. The reported holes are from two significant areas where gaps existed in the previous drilling and resource models.

The FT project is the Company's most advanced gold discovery with an initial NI 43-101 compliant resource calculation of 7,880,000 tonnes at a grade of 0.95 grams per tonne for 241,000 ounces of gold in the indicated category and 10,550,000 tonnes at a grade of 1.05 grams gold per tonne for 353,000 ounces of gold of inferred category. Property-wide exploration is currently underway at the FT project, and will consist of 6,000 metres of reverse circulation drilling ("RC"), auger drilling, and termite mound geochemical sampling.

HIGHLIGHTS

Of particular note are the results from the "Village Gap" that include:

                     � 44 metres at 1.95 gpt Au in hole 10FLRC-06 that also included 12 metres at 2.13 gpt Au, 6 metres at �� 7.48 gpt Au and 4 metres at 1.74 gpt Au,

                     � 72 metres at 1.38 gpt Au in hole 10FLRC-07 that also included 32 metres at 2.65 gpt Au,

                     � 50 metres at 1.43 gpt Au in hole 10FLRC-08 that also included 8 metres at 7.10 gpt Au and

                     � 26 metres at 4.35 gpt Au in hole 10FLRC-12A that also included 12 metres at 8.99 gpt Au

In addition to the "Village Gap", the second major area, the "Plantation Gap", returned the following highlights:

                     � 32 metres at 0.48 gpt Au in hole 10TKRC-01 that included 2 metres at 1.52 gpt Au and a second 10 ��� metres at 1.05 gpt Au that included 2 metres at 4.22 gpt Au,

                     � 36 metres at 0.61 gpt Au in hole 10TKRC-04 that included 4 metres at 3.61 gpt Au

Results from the Village Gap area cover approximately 600 metres of strike infill drilling within the FT resource model. RC drilling in the Plantation Gap area covers approximately 700 metres of strike infill drilling within the FT resource model. The drilling represents near surface mineralization to a maximum vertical depth of approximately 75 metres. These results include oxide material from 35 to 40 metres vertical depth, and transition zone and sulphide material below approximately 40 metres. All drill hole inclinations are between -55 and -70 degrees and true width of the mineralization is 50% to 75% of the reported drill intercept depending on the drill angle. All assays results are reported as uncut values.

The results from this drilling program demonstrate the robust nature of the gold mineralization at FT. A core of higher grade gold mineralization also includes a broad zone of gold enrichment of up to 50 metres of core length (approximately 30 metres true width). This geometry should lend itself to flexible grade control and pit design for preliminary economic assessment at FT. This assay data will be incorporated into the existing North Atlantic database and used to plan the next phase of what is expected to be a combined RC and diamond drill program at FT in Q4 of 2010.

This drilling completes Phase 1 of 4 stages of a 6,000 metre drill program at FT. Phase 1 consisted of infill drilling to test gaps in the deposit model at FT. Phase 2 is designed to test Northwest and Southeast strike extensions of the FT deposit with a series of broadly spaced RC holes. Phase 3 is designed to test gold in soil anomalies which are parallel to sub parallel to the FT resource area. Phase 4 is reserved to test new targets developed form termite mound or auger drilling. The results from the ongoing drilling will be released within the next quarter.

Scott Waldie, President and CEO of North Atlantic said, "We are very encouraged by the results from the infill drilling at FT. These results indicate the potential for a considerable increase in resource grade and tonnage. From this drilling there is now significantly improved continuity from section to section in the higher-grade areas of the Village Gap and the Plantation Gap. These results now definitively link the northern half of the FT deposit with the southern portion which includes the Village Gap area. All of these attributes will contribute to improving the project economics as we work toward preliminary assessment of the economic potential at FT."

In the tables below intersections are calculated down the drill holes using both a 0.1 gram per tonne (gpt) assay cut-off and a 0.4 gpt assay cut-off. The differing cut-off grades were selected to demonstrate the wide continuity of the mineralization and to reflect the potential bulk mining of the entire zone at a 0.1gpt cut-off. The 0.40 gpt cut-off table intersections demonstrate the higher grade continuity of the mineralization and reflect the potential for higher grade bulk mining potential of selected zones.

TABLE 1: Significant Assay Results - "Village Gap" - 0.1 gram per tonne cut-off (Note 1)

TABLE 2: Significant Assay Results - "Plantation Gap" - 0.1 gram per tonne cut-off (Note 1)

Note 1: Intersections are calculated down the drill holes using a 0.1 gram per tonne (gpt) or 100 part per billion (ppb) assay cut-off and allowing a maximum of 4 metres of internal waste. Assays immediate following the internal waste must carry the waste interval to be included in a particular intersection. "Includes" is calculated using a 1.0 gpt or 1000 ppb assay cut-off with the same internal waste criteria. 0.1 gpt or 100 ppb was chosen as a cut-off to show the wide continuity of the mineralization and to reflect the potential bulk mining of the entire zone. All drill hole inclinations are between -55 and -70 degrees and true width of the mineralization is 50%-75% of the reported drill intercept depending on the drill angle.

TABLE 3: Significant Assay Results - "Village Gap" - 0.4 gram per tonne cut-off (Note 2)

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