Northern Gold Initiates Permitting Process
for Advanced Exploration/Development at the Garrison Gold Property
Toronto, Ontario (March 31, 2010): Northern Gold Mining Inc. ("Northern Gold" or "the
Company") (TSX-V: NGM) is pleased to announce it has retained the
services of N.A.R. Environmental
Consultants Inc. ("NAR") to undertake permitting for advanced
exploration/development of the Garrison project on a turn-key basis. 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.
NAR is currently establishing long-term water
quality and hydrology stations, and will provide a meteorological data
station. A bio-physical inventory of the terrestrial and aquatic
resources will be completed during the summer and fall of 2010
respectively. As Northern Gold resumes infill exploration drilling, NAR
will work with the Company to commence both ground water and acid rock
drainage characterization studies for the projects.
NAR will
utilize the results of these studies in the preparation of a receiving
water assessment and approvals permit from the Ministry of the
Environment, and Closure Plan reports for the Ministry of Northern
Development, Mines and Forestry. The permitting timeline for the
project is estimated at 18-20 months, including the 12 months of
pre-operative baseline characterization studies.
Northern Gold
has completed a 40 line kilometer grid in preparation for a ground
magnetic survey and Time Domain induced
polarization ("IP") survey on the Garrison property. The grid
includes a baseline, a tie-in line, and cut grids at 100 metre spacing.
The IP survey is scheduled to begin in the next few weeks.
The
Company is also tendering bids for its 2010 10,000 metre diamond
drilling program. The drilling will be designed to complete a NI 43-101
resource calculation of the Garrcon Zone, in addition to testing the
extent of mineralization in both the Garrcon Zone and Jonpol Zones. The
ground geophysical surveys will help guide the hole placement decision
for infill drilling on the Garrcon Zone for the NI 43-101 resource
calculation as well as test for extensions of mineralization on both
the Garrcon and Jonpol Zones. Drilling will be split into stages
to maximize drill efficiency and optimize data recovery.
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.
Northern Gold
Mining Inc. is a Toronto based junior resource company dedicated to
gold exploration in the Kirkland Lake and Timmins mining camps of
Northern Ontario. Its focus is the Garrison gold property, which
contains 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) on the Jonpol Zone.
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