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Toronto, Ontario (15 June 2010): Northern Gold Mining Inc. ("Northern Gold" or "the Company") (TSX-V: NGM) announces today the assay results of twelve surface grab samples from a new mineralized showing ["the 1070 Vein"], which appears to be the eastward extension of the shaft zones. Six of the twelve samples contained visible gold and graded from 4.53 g/t to 93.89 g/t gold. See the table below for complete results. As part of the Company's current Phase II drill program, Northern Gold continues to explore and prospect the Garrison property.

Sample No.

Au (g/t)

81258

0.02

81259

0.29

81260

60.28

81261

15.22

81262

0.44

81263

7.26

81264

0.22

81265

83.48

81266

24.99

81267

93.89

81268

44.36

81269

4.52

 

Initial sampling on the 1070 vein was over a distance of roughly 20 metres along strike, but the 1070 vein has now been traced on surface over a 30 metre distance and continues further along strike. The 1070 vein is located roughly 300 meters east of the Garrcon shaft and another 100 meters further east along strike from the Shaft zones previously drill tested by hole GAR-09-06.

"These high-grade surface assay results, along with the presence of visible gold, demonstrate the significant potential of the Garrison property," said Martin Shefsky, President and CEO of the Company. "With these results, Northern Gold has initiated a surface stripping program to investigate the 1070 Vein as well as two other areas of interest at the Garrcon prospect. Surface stripping is expected to last 2-3 weeks, involving detailed geological mapping and systematic channel sampling of the vein and refinement of diamond drill targets east of the main Garrcon shaft zones with the goal to add this mineralized zone to our overall resource estimate."

 

The 10,000 meter Phase II diamond drill program currently underway at the Garrcon prospect commenced 10 May 2010 and targets the North, Shaft, and South zones. The drill program is testing bulk tonnage open-pit gold mineralization at the Garrcon prospect. To date seven holes have been completed, totaling 1616 metres. Visible gold mineralization has been observed in all holes. Samples for the first three holes have been sent to Swastika Labs for assay and results are expected in the next week, after which interpretation and reporting can begin.

Northern Gold 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. ("ValGold", TSX-V: VAL). For more information on the option agreement, please see the Company's news release dated 14 September 2009.

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 every 20th sample, to ensure at least one standard or blank is included in each analytical run at the lab. This ensures lab integrity. Approximately 5% of sample rejects and/or pulps will be sent to a lab other than Swastika Laboratories for check assaying. Every 35th sample is duplicated by quarter cutting the core to check on analytical variation with half core samples.

This Press release has been reviewed 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.

About Northern Gold Mining Inc.

Northern Gold Mining Inc. is a Toronto based junior resource company dedicated to gold exploration in the Timmins and Kirkland Lake mining camps of Northern Ontario. The Company's focus is the Garrison gold property, which contains historic mining infrastructure with producing mines adjacent to the property. Per a NI 43-101 report filed by Northern Gold on SEDAR on 21 October 2009, the Garrison gold property has an indicated resource of 253,100 tonnes grading 7.77 grams per tonne gold (63,200 ounces) and an inferred resource of 1,555,800 tonnes grading 4.93 grams per tonne gold (246,540 ounces),

 

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                                                     Mobile: (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

 

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Northern Gold Mining

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CODE : NGM.V
ISIN : CA66516M1095
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Dans les médias de Northern Gold Mining
21/06/2010Resume, Northern Gold Mining Inc.
Attributions d'options de Northern Gold Mining
29/12/2010Grant of 1,000,000 stock options at $ 0,32
Nominations de Northern Gold Mining
10/10/2012Announces Board Changes and Officer Appointments and Reports...
12/07/2010Northern Gold Appoints Michael Gross as Vice President Explo...
Projets de Northern Gold Mining
16/04/2013(Garrison)Acquires Additional Property in Garrison, Holloway and Micha...
31/01/2013(Garrison)Acquires Additional Property in Garrison and Harker Township...
26/05/2011(Garrison)More Than Triples Land Holdings at and Near Its 100% Owned G...
16/05/2011(Garrison)ValGold and Northern Gold Close Garrison Property Sale
28/04/2011(Garrison)Intersects 61.0 m @ 2.32 g/t Gold Including 1.0 m @ 127.70 g...
26/04/2011(Garrison)Announces Significant New Gold Assay Results in Ongoing Dril...
12/04/2011(Garrison)Expands the Garrison Gold Property by 27% With Acquisition o...
07/04/2011(Garrison)and ValGold Announce Agreement to Consolidate 100% Ownership...
01/04/2011(Garrison)Announces Significant New Gold Assay Results
01/03/2011(Garrison)Hits 209 Meters of 1.44 g/t Including 1 Meter of 97.88 g/t, ...
24/02/2011(Garrison)Reports That Metallurgical Testing of the Garrcon Deposit Ha...
22/02/2011(Garrison)Hits 58 Meters of 1.08 g/t Gold Including 2 Meters of 13.07 ...
29/12/2010(Garrison)Initiates a New Mineral Resource Report and Preliminary Econ...
15/11/2010(Garrison)Adds a Second Diamond Drill at Garrcon Deposit
23/09/2010(Garrison)Announces Significant NI 43-101 Resource Estimate
10/05/2010(Garrison)Initiates Phase II Drilling on Garrison Gold Property
10/05/2010Begins Phase II Diamond Drilling at Garrison Gold Property
31/03/2010(Garrison)Initiates Permitting Process for Advanced Exploration/Develo...
10/12/2009(Garrison)Hits 56.1 Metres of 2.14 g/t Gold Including 3.4 Metres of 16...
14/08/2008ANNOUNCES ADDITIONAL HIGH GRADE GOLD ASSAYS 552.96 g/t (16.1...
29/07/2008ANNOUNCES COMMENCEMENT OF DIAMOND DRILLING AT THE NEW HIGH G...
22/07/2008NEW DISCOVERY OF HIGH GRADE GOLD 2305 g/t (67.22 oz/t) ON N...
08/01/2008(Kirkland Lake)DRILLS 404.92g/t Au (11.81 opt) over 0.3m(1.0ft.) AT BOURKES
Communiqués de Presse de Northern Gold Mining
07/05/2013Acquires Champagne Property
26/03/2013Intersects 23.5 g/t Au Over 4.1m at Jonpol Deposit
05/03/2013Intersects Gold Mineralization from Initial Drilling at Buff...
14/02/2013Named to TSX Venture Top 50
07/02/2013Completes Acquisition of Victory Gold Mines Inc.
21/01/2013Discovers 600-Metre Long High-Grade Gold Zone at Garrcon Eas...
21/12/2012Enters Into Letter Agreement to Acquire Additional Mining Cl...
12/12/2012to Acquire Victory Gold
30/11/2012Enters Into Option Agreement to Acquire Harker-Holloway Gold...
16/11/2012Acquires Mining Equipment
25/10/2012Intersects Two 2-Metre Intervals of 9.85 g/t Au and 15.02 g/...
05/10/2012Announces Closing of $10.0 Million Brokered Private Placemen...
21/09/2012Announces $10.0 Million Private Placement of Flow Through Co...
19/04/2011Continues to Expand Exploration Ground With the Acquisition ...
18/11/2010Hits 220 Meters of 0.69 g/t Gold Including 59 Meters of 1.5 ...
04/08/2010Hits 32.5 Meters of 1.6 g/t Gold, 14 Meters of 3.1 g/t and 1...
15/06/2010Announces Assay Results of New Mineralized Zone Samples Grad...
15/09/2009And Valgold complete option agrement on Garrison Gold proper...
21/01/2009SIGNS LETTER OF INTENT WITH VALGOLD RESOURCES LTD.
03/09/2008EXPLORATION UPDATE
12/08/2008ANNOUNCES COMPLETION OF VTEM AIRBORNE SURVEY AND THE ADDITIO...
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