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Northland Resources Inc.

Publié le 09 mai 2007

Acquires New Iron-Copper Target in Sweden

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Mots clés associés :   1971 | Canada | Copper |
======================================================================
Re: News Release - Wednesday, May 09, 2007
Northland Acquires New Iron-Copper Target in Sweden
======================================================================

Vancouver, Canada, May 9, 2007: Mr. Buck Morrow, the President of
Northland Resources Inc., is pleased to announce that Northland has
been granted an exploration permit covering the Salmivaara iron-copper
deposit, approximately 33km northeast of the city of G�llivare in
Nortbotten county, Sweden. The body is within 1km of a sealed road and
approximately 33km from a rail line that carries iron ore trains from
Europe's second largest iron ore mine, Malmberget, which is in
G�llivare and is operated by the Swedish state-owned mining company,
LKAB.

Mineralization at Salmivaara consists of magnetite with pyrite,
pyrrhotite and chalcopyrite. It was discovered in 1897, first drilled
in 1904, and was mined for copper during World War II. The Swedish
Geological Survey (SGU) worked on the deposit between 1967 and 1971,
publishing a report titled "Salmivaara Iron Occurrence" and describing
the deposit in the Swedish Iron Ore Inventory. A total of 12 holes
were drilled, for 1,818m of core drilling to a maximum depth of 120m
below surface, and the SGU completed magnetic and gravimetric studies
which indicate that the magnetite body may continue to a depth of at
least 700m below surface.

Based on drilling, the SGU published an estimated resource of 16
million tonnes grading approximately 34% iron and 0.10% Cu, locally
with copper ranging up to 0.8% Cu. Sulphur content averages 3.6% with
0.03% Phosphorous. There appears to be two magnetite zones present
within a synform type structure with the richest zone of magnetite
appearing to be in the nose of the fold structure.

Buck Morrow, the President of Northland, said: "The acquisition of the
Salmivaara deposit is part of our aggressive, on-going strategy to
acquire an extensive portfolio of northern European iron assets close
to major infrastructure. We will be drill testing the project as soon
as possible to verify the historical work and to test for copper and
gold potential."

Cautionary Statement

The resource estimates quoted in this news release were prepared prior
to the implementation of National Instrument 43-101. The historical
resource estimate quoted herein does not use the resource categories
stipulated in Section 1.3 of National Instrument 43-101, which are
"inferred mineral resource", "indicated mineral resource" and "measured
mineral resource". Rather, the historical resource estimate for the
Salmivaara deposit reported by the SGU refers to "16 million tonnes",
which is not a category stipulated in NI 43-101. The Company believes
that term "resources" is used differently from the use of that term in
NI 43-101. The Company does not have - and is not aware of - any more
recent resource estimates which conform to the standards laid out in NI
43-101, and has not done the work necessary to verify the
classification of the mineral resource estimate. The Company is not
treating the historical resource estimate as a NI 43-101 defined
resource or reserve, and the historical resource estimate should not be
relied upon.

NI 43-101 Statement

Vance V. Thornsberry, P.Geol., Vice President of Exploration for
Northland, is the Qualified Person as defined in NI 43-101, and has
verified that the historic information presented in this release has
been accurately summarized from the reports quoted.

Corporate Activity

Northland also announces that it has granted director stock options to
purchase up to 100,000 common shares of the Company exercisable for
five years at a price of $3.11 per share.

Background

Northland Resources Inc. is a well-structured, debt free junior
exploration company with a portfolio of high quality iron, gold, and
base metal exploration projects in Sweden and Finland.

ON BEHALF OF THE BOARD

"Buck Morrow"
NORTHLAND RESOURCES INC.

The TSX Venture Exchange has not reviewed and does not take
responsibility for the accuracy of this release.

CONTACT INFORMATION
Northland Resources Inc.
Buck Morrow, President
Ralph Rushton, Investor Relations
Toll Free: 1-866-719-8962
www.northlandresourcesinc.com

======================================================================
Copyright (c) 2007 NORTHLAND RESOURCES INC. (NAU) All rights reserved.
For more information visit our website at
http://www.northlandresourcesinc.com/ or send
mailto:karenr@goldgroup.com
======================================================================
.
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Northland Resources Inc.

EN DÉVELOPPEMENT
CODE : NAU.TO
ISIN : LU0488722801
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Northland Res. est une société d’exploration minière de cuivre basée au Canada.

Northland Res. est en développement de projets de cuivre et de fer en Suede, et détient divers projets d'exploration en Finlande et en Suede.

Son principal projet en développement est TAPULI en Suede et ses principaux projets en exploration sont PELLIVUOMA, STORA SAHAVAARA, BARSELE/ NORRA, LANNAVAARA AND SAARIJARVI et KAUNISVAARA en Suede et HANNUKAINEN et KUERVITIKKO en Finlande.

Northland Res. est cotée au Canada, aux Etats-Unis D'Amerique, en Allemagne et en Norvege. Sa capitalisation boursière aujourd'hui est 66,8 millions CA$ (61,6 millions US$, 46,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 16 mai 2008 à 4,34 CA$, et son plus bas niveau récent le 08 février 2013 à 0,10 CA$.

Northland Res. possède 514 179 000 actions en circulation.

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Présentations des Compagnies de Northland Resources Inc.
11/10/2007 Presenting at Canaccord Adams' Iron Ore Conference
Rapports annuels de Northland Resources Inc.
2008 Annual Report
Financements de Northland Resources Inc.
18/06/2012Finalizes the Financing for its Drill Rigs
15/02/2012Announces Fully Subscribed Bond Offering and Re-Launch of Fu...
08/02/2012Extends the Application Period for the Equity Offering
13/07/2007closes private placement & conducts public offering
19/06/2007C$107-million Private Placement Fully Subscribed
18/06/2007arranges C$107-million Private Placement
Nominations de Northland Resources Inc.
17/01/2012Appoints Acting Chief Financial Officer
29/08/2007Appoints Tuomo Mäkelä to the Board of Directors
09/08/2007Appoints Stuart Pettifor to the Board of Directors
27/07/2007(Barsele/ Norra)Retains Project Manager for Barsele-Norra Project Area
07/05/2007Appoints Birger Solberg as Director
27/02/2007Appoints CFO and COO
Rapports Financiers de Northland Resources Inc.
14/11/2012Announces Third Quarter 2012 Results
Projets de Northland Resources Inc.
02/02/2012(Kaunisvaara)to Finance its Kaunisvaara Project
19/07/2011(Kaunisvaara)Significant Progress is Being Made at Northland's Kaunisvaar...
29/06/2011(Kaunisvaara)and Peab to Form a Joint Venture for Managing the Transport ...
10/06/2011(Hannukainen)Buys Properties in Preparation for the Hannukainen Mine in F...
31/05/2011(Kaunisvaara)Signs Agreement With Peab for the Civil Works at the Kaunisv...
18/05/2011(Kaunisvaara)Positive Update on Northland's Kaunisvaara Project Confirmin...
28/04/2011(Kaunisvaara)Signs Agreement with Poyry for Engineering and Construction ...
28/03/2011The Swedish Transport Administration and Northland Resources...
16/02/2011(Kaunisvaara)Signs Agreement with Metso for Long-Lead Items and Basic Eng...
16/04/2010(Tapuli)Releases Tapuli, Sahavaara and Pellivuoma Mineral Resource U...
07/09/2009Moves to Feasibility Study after Positive PEA on Kaunisvaara...
27/08/2009(Barsele/ Norra)Northland Considers Strategic Opportunities for Swedish Gold...
14/03/2008(Stora Sahavaara)submits exploitation concession applications for Tapuli and ...
11/02/2008 Reports Iron Resource at Tapuli & Excellent Metallurgical T...
01/02/2008 Appoints Scoping Study Manager
16/01/2008Drills Extension of Stora Sahavaara Magnetite Body
14/01/2008(Salmivaara) Cuts 43% Iron over 53m at Salmivaara, Sweden
23/08/2007Defines Major Iron-Copper-Gold Resource at Hannukainen
26/07/2007(Stora Sahavaara)Northland's Stora Sahavaara Project Initial Test Results Yie...
21/03/2007(Barsele/ Norra)Reports Barsele Drill Results, Identifies High Grade Gold + ...
Communiqués de Presse de Northland Resources Inc.
15/03/2013to Be Delisted From the Toronto Stock Exchange
25/02/2013First Vessel Has Left the Port of Narvik
18/02/2013Notice to Attend the Creditors' Meeting for Northland's Swed...
05/02/2013Cancels Previously Announced Contemplated Equity Issue and B...
24/01/2013to Address Funding Shortfall Due to Higher Initial Opex and ...
11/12/2012Completes a Successful Subscription of a USD 20 Million Bond...
26/10/2012Receives Dispensation for 90 Tonnes Trucks
15/10/2012Shares Trading on Nasdaq OMX in Stockholm under the Ticker N...
25/09/2012Operational Update - September 2012
17/09/2012Granted Requested Train Slots on the Malmbanan Railway
05/09/2012Welcomes Swedish Government's Infrastructure Drive
19/07/2012Operational Update - July 2012
02/07/2012Drawing Down on Bond Facility
28/05/2012USD 350 Million Bond Rated (B-) From S&P and (Caa1) from Moo...
22/05/2012Operational Update-May 2012
03/05/2012Has Signed a USD 40 Million Cost Overrun Facility
24/04/2012Signs Logistics Agreement with Green Cargo
12/04/2012Signs Mobile Mining Equipment Maintenance Agreement
19/03/2012Operational Update-March 2012
07/03/2012(Kaunisvaara)Streamlines its Management Structure Ahead of Production Sta...
23/02/2012Completes USD 325 Million Offering of Shares
21/12/2011(Kaunisvaara)Signs a USD 50 Million Bridge Financing for Its Kaunisvaara ...
01/12/2011Receives Construction Permit for Narvik Iron Ore Terminal
14/10/2011(Kaunisvaara)Strengthens its Kaunisvaara Operational Management Team
07/10/2011Management Appointments at Northland
06/09/2011(Kaunisvaara)Kaunisvaara Project On Time for Production in 2012 and Withi...
25/08/2011Obtains Final Approval to Operate an Iron Ore Terminal in Na...
04/08/2011(Kaunisvaara)Signs a Letter of Intent with Logistics Specialists to Manag...
06/07/2011Signs Agreement with FineWeld for Process Water Systems
12/04/2011S.A.: Clarification on Media Reports
07/04/2011Appoints Anders Antonsson as Vice President, Investor Relati...
22/03/2011Sells its Swedish Non-Ferrous Assets
20/01/2010Continuation of Company to Luxembourg and Change Name to Nor...
13/10/2009Reorganizes Senior Executives in Response to Improved Market...
17/03/2008 Comments on Infrastructure Discussions
08/02/2008 Provides Drilling Update
12/12/2007Buys Anglo American's Royalty and Back-In Right in Swedish I...
23/10/2007Spins-Out Its Non-Ferrous Projects
02/10/2007Successful Pelletizing Test for Northland's Stora Sahavaara ...
13/09/2007Outlines Regional Exploration Progress
02/08/2007Receives Approval for Road Construction at the Tapuli Iron P...
01/08/2007 Mobilizes Drill to Salmivaara, Re-Assays Archived Core
24/07/20072007 Annual General Meeting
17/07/2007Provides Update on Metallurgical Testwork at Hannukainen Iro...
15/06/2007Announces Tapuli Drill Results
09/05/2007Acquires New Iron-Copper Target in Sweden
16/04/2007retains Corus Consulting to investigate beneficiation and ma...
26/03/2007Updates on Stora Sahavaara Iron Project
02/03/2007Film on Stora Sahavaara
28/02/2007Update on Bulk Sampling of Stora Sahavaara Iron-Copper Proje...
27/02/2007Releases More Iron-Copper-Gold Results for the Hannukainen P...
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