NORTH ATLANTIC RESOURCES ENGAGES INVESTOR RELATIONS CONSULTANTS

North Atlantic Resources Ltd. ("North Atlantic" or the "Company") has retained National Media Associates, ("National Media") a Florida, USA based investor relations firm and IR-World.com Finanzkommunikation GMBH, ("IR-World.com") an investor relations firm based in Buchkirchen, Austria to conduct investor relations services. The Company has also signed on as a sponsor of Streetwise Reports' - The Gold Report.

North Atlantic President, Scott Waldie, commented: "With expected successful drilling on the horizon, a new pro-active approach to investor relations will showcase the Company's overlooked value and future potential to the investment community. The first phase of reverse circulation (RC) drilling since 2006 on our Flagship FT Gold Property is expected to commence next week. This 6,000 metre RC drill program is designed to outline near surface oxide gold mineralization and test drill targets adjacent to the existing resource. Meanwhile, North Atlantic continues to explore our pipeline of other developing gold discoveries in the Republic of Mali, West Africa."

National Media Associates

The consulting agreement for investor relations services to be provided by National Media Associates is for a fixed term of one year. Services may be terminated after six months at the Company's option. The agreement compensates National Media with fees of US $8,000 per month plus reimbursement of applicable disbursements. North Atlantic has also granted to a principal of National Media an incentive stock option to buy 250,000 shares of North Atlantic at a price of CAD $0.255 per share. The term of the option shall be for a period ending on the earlier of (i) April 16, 2013, and (ii) one year after the termination date of the National Media consulting agreement. The grant of the options is conditional upon shareholders of the Company approving an increase in the maximum number of shares issuable pursuant to the Company's stock option plan. The option shall vest as to 62,500 common shares on the date on which shareholders approve the increase of the stock option plan, and as to an additional 62,500 common shares on each of the dates which is three, six and nine months following the date of grant.

IR-WORLD.com

The consulting agreement for investor relations services to be provided by IR-World.com is for a term of eight months. Services may be terminated at the end of each quarter or with three months notice from the Company. IR-World.com fees are based upon translation, awareness campaign, and mailing distribution charges and are payable as to CAD $23,000 for the first four months and CAD $23,000 for the remaining four months. No options or other securities of North Atlantic have been issued in connection with the investor relations arrangement with IR-World.com.

THE GOLD REPORT

The Company has agreed to become a sponsor of Streetwise Reports' - The Gold Report for a minimum 90 day term, at a cost of US$5,250 per 90 day term. No options or other securities of North Atlantic have been issued in connection with the sponsorship.

Except for the option conditionally granted to National Media as described above, to the knowledge of the Company none of the investor relations consulting firms had any interest, directly or indirectly, in the securities of North Atlantic.

The Company's common shares are listed on the TSX Venture Exchange, under the symbol NAC. North Atlantic has 45,275,407 common shares issued and outstanding (68,220,011 shares on a fully diluted basis). Please visit the Company's website www.nac-tsx.com to view project details and planned exploration programs.

FOR FURTHER INFORMATION PLEASE CONTACT:

Scott Waldie, President & CEO

North Atlantic Resource Ltd.

Telephone: (416)703-6348

info@nac-tsx.com

This press release has been prepared by North Atlantic Resources Ltd. and no regulatory authority has approved or disapproved the information contained herein.

 
Statements relating to the estimated or expected future production and operating results and costs and financial condition of North Atlantic Resources Ltd., planned work at the Company's projects and the expected results of such work are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as the following: expects, plans, anticipates, believes, intends, estimates, projects, assumes, potential and similar expressions. Forward-looking statements also include reference to events or conditions that will, would, may, could or should occur. Information concerning exploration results and mineral reserve and resource estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. These forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable at the time they are made, are inherently subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from logistical, technical or other factors; the possibility that results of work will not fulfill projections/expectations and realize the perceived potential of the Company's projects; uncertainties involved in the interpretation of drilling results and other tests and the estimation of gold reserves and resources; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of environmental issues at the Company's projects; the possibility of cost overruns or unanticipated expenses in work programs; the need to obtain permits and comply with environmental laws and regulations and other government requirements; fluctuations in the price of gold and other risks and uncertainties.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management or its independent professional consultants on the date the statements are made.