Northern Gold Mining

Published : December 10th, 2009

Hits 56.1 Metres of 2.14 g/t Gold Including 3.4 Metres of 16.9 g/t and 1.2 Metres of 36.6 g/t

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Northern Gold Hits 56.1 Metres of 2.14 g/t Gold Including 3.4 Metres of 16.9 g/t and 1.2 Metres of 36.6 g/t on the Garrison Property east of Timmins


<!--[if !supportLists]-->. GAR-09-01: 22.0 m grading 4.21 g/t Au including 11.2 m grading 7.03
   g/t Au
. GAR-09-02: 56.1 m grading 2.14 g/t Au including 3.4 m grading 16.9   
   g/t Au and 1.2 m grading 36.6 g/t Au
. GAR-09-02: 29.4 m grading 1.05 g/t Au

Toronto, Ontario (December 9, 2009): Northern Gold Mining Inc. ("Northern Gold" or "the Company") (TSX-V: NGM) announces preliminary drill results for the first two holes of its diamond drilling program on the Garrison gold property. The Company is in the first year of an option agreement under which it is earning its interest in the Garrison gold property from ValGold Resources Ltd. (TSX-V: VAL).  For more information on this option agreement, please see the Company's news release dated September 14, 2009.

Drilling, which commenced on October 26, 2009, has been focused on confirming gold mineralization at the Garrcon Zone, within the subcomponents of the overall Garrcon Zone, namely the North, Shaft and South zones as defined in the Company's NI 43-101 report filed on SEDAR on 21 October 2009. To date 2,046 metres have been drilled in 10 holes. The NI 43-101 technical report recommended that a study of the Garrcon Zone be completed to formulate a program and budget to test the potential for bulk tonnage, open-pit mining.  The report suggested that the Garrcon Zone has the potential to host a bulk tonnage target of up to 30 million tonnes ranging in grade from 1 to 3 grams per tonne gold. The potential quantity and grade is conceptual in nature and as a result it is uncertain if further exploration will result in the discovery of a mineral resource.

Analyses have only been received for the first two holes, but multiple occurrences of visible gold have been observed as fine dissemination in each of the first five holes logged to date and visible gold was also observed in 18 separate intervals in hole GAR-09-02, 15 of which were from the Shaft zone.  GAR-09-01 was designed to test the North zone and GAR-09-02 was drilled 125 metres south of GAR-09-01 and targeted the Shaft and North zones.  The following table highlights the various high grade intersections in both holes:

HOLE ID

FROM

TO

WIDTH

ZONE

GRADE

GAR-09-01

127.1

149.1

22.0m

North DZ+A

4.21g/t *VG

including

127.1

128.8

1.7m

North A

3.88g/t *VG

and

137.9

149.1

11.2m

North DZ

7.03g/t

including

144.5

145.3

0.9m

 

52.3g/t

GAR-09-02

21.3

77.4

56.1m

Shaft C1-A1

2.14g/t

including

21.3

22.3

1.0m

Shaft C1

11.0g/t *VG

and

30.4

32.4

2.0m

Shaft B2

9.44g/t *VG

and

72.8

76.2

3.4m

Shaft A2

16.9g/t *VG

including

75.0

76.2

1.2m

 

36.6g/t *VG

GAR-09-02

199.8

229.2

29.4m

North Deep A

1.05g/t *VG

including

217.0

218.0

1.0m

 

4.84g/t

and

228.8

229.2

0.4m

 

6.54g/t *VG

Note: All widths are downhole thickness; *VG-visible gold observed in sample interval


        Northern Gold President and CEO Martin Shefsky states, "t
hese results have confirmed our belief that there is a great opportunity to generate a large new resource conducive to bulk tonnage mining as discussed in our NI 43-101 report." Mr. Shefsky added that "the potential for the Garrcon Zone to host a bulk tonnage resource is in addition to the existing NI 43-101 resource on the Jonpol, a resource which appears to be open at depth and which Northern Gold will focus on in the near future." 

Northern Gold expects to have completed the current diamond drill program in the second week of December with the remainder of the assays and interpretation from the drill program to be available over the next one to two months.

 Northern Gold Mining Inc. has implemented a quality assurance and control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the best possible practices. The rock samples collected were sent to Swastika Laboratories in Swastika, Ontario, and analyzed using the appropriate gold fire assaying technique. Sample standards and blanks are inserted into the sample stream at regular intervals to ensure at least 1 standard or blank is included in each analytical run at the lab in order to ensure lab integrity. Approximately 5% of sample rejects and/or pulps will be sent to a different lab from the lab which ran the original assay for check assaying.

This Press release has been reviewed and approved by Brad Leonard P.Geo., exploration manager for Northern Gold Mining Inc., 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 gold exploration in the Kirkland Lake mining camp of Northern Ontario.


For further information please contact:

Northern Gold Mining Inc.

Martin R. Shefsky                                                          Jeffery P. Boykin

President and CEO                                                        VP Investor Relations/Regulatory Affairs

Tel: (416) 366 - 7300                                                      Cell: (647) 269 - 7300

Fax: (416) 366 - 7301                                                     Tel: (416) 366 - 7300

E: mshefsky@northerngold.ca                                        Fax: (416) 366 - 7301

Web site: www.northerngold.ca                                       E: jboykin@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.

 

 

 

 

 

 

Sent By:

Northern Gold Mining Inc.

20 Vicroia Street
Suite 800

Toronto ON M5C 2N8
Canada

 

 

 

 

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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