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Northland Updates on Stora Sahavaara Iron Project
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Vancouver, March 26, 2007: Buck Morrow, the President of Northland
Resources Inc., is pleased to provide an update on progress at
Northland's Stora Sahavaara iron project. Northland is in the process
of mining a 1,000 tonne underground bulk sample and also continues to
drill at the project. Management anticipates that the bulk sample adit
will be into the main magnetite body at some point this week.
Bulk Sample Progress
The mining crew has now developed approximately 10m of underground adit
towards the main magnetite body. On March 20 the adit cut through the
mixed serpentine and magnetite hanging wall and intersected the main
magnetite mineralization. A large sample of the hangingwall material
has been collected and stored. The project team believes that the
Company is on schedule to complete drifting within the magnetite by the
end of March.
A series of photographs of the sampling operation have been posted on
the Stora Sahavaara gallery page on the Northland website
(www.northlandresourcesinc.com)
Resource & Metallurgical Drilling
Northland has completed 5 diamond core holes (>1,600m) so far in 2007.
Assay results for 4 of the new holes are given below. The results are
in line with what was expected and similar to the previous holes
drilled by Northland. A drill collar map showing the location of
current and historic holes is available on the Northland web site at
www.northlandresourcesinc.com.
Hole No. From To Interval (m) Fe % Cu %
SAH07001 11.2 40.0 28.8 47.2 0.10
SAH07002 320.6 372.0 51.4 45.0 0.04
SAH07003 298.9 344.4 45.5 47.0 0.06
SAH07004 224.0 255.1 31.1 41.8 0.09
Northland believes that the existing resource at Stora Sahavaara is
sufficient for mine planning purposes so the current drilling is
designed primarily to upgrade the confidence level of the resource in
certain areas of the deposit down dip from previous drilling. The
current drilling has focused on holes with collar locations that will
be in marshy ground in the summer.
Northland has delineated a NI43-101 compliant resource at Stora
Sahavaara (see news release dated May 18, 2006). Using a 25% Fe cut
off, the magnetite body contains:
Category Tonnes Fe % Cu %
Measured 77,063,210 43.32 0.080
Indicated 44,634,770 43.28 0.076
Inferred 23,346,373 41.76 0.051
Qualified Person
Resource estimates were prepared by third party consultant, Bart
Stryhas, PhD Structural Geology; the resource model and estimates were
subsequently reviewed by Chlumsky Armbrust & Meyer L.L.C. ("CAM") an
independent, mineral resource, consulting and engineering group based
in Lakewood, Colorado USA. CAM believes that the Stora Sahavaara
resource and resource model has been prepared according to accepted
engineering practice for a project at this level of development.
Northland's routine sample analyses for the Sahavaara Project, Pajala,
Sweden, were carried out at The Geological Survey of Finland Analytical
Laboratory, Rovaniemi Finland ("GTK"), which is accredited according to
the SFS-EN ISO/IEC 17025 and in compliance with the requirements of the
Standards Council of Canada (CAN-P-1579) "Guidelines for Accreditation
of Mineral Analysis Testing Laboratories".
Iron and copper analyses were performed using Sodium Peroxide Fusion
multielement analysis with ICP-AES Technique, Method 720P and gold
analysis was performed by Lead Fire Assay Preconcentration with ICP-AES
Technique, Method 704P. In addition to the GTK internal sample
preparation and assay QC protocol, Northland maintains a rigorous QA/QC
program consisting of inserting blanks, duplicates and certified
standards to the analytical process.
Vance V. Thornsberry, PGeo, is the Qualified Person as defined in
National Instrument 43-101 responsible for overseeing the design and
execution of the Stora Sahavaara exploration program, and has verified
that the information presented in this release is an accurate summary
of the assay data provided to Northland by the GTK's analytical
laboratory.
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
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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
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