TORONTO, January 26th, 2012- NORTHERN GOLD MINING INC.
(TSX-V:NGM) ("Northern Gold" or "the
Company") today announced assay results for six
additional diamond drill holes, totalling 2,368 meters of
drilling, from its 2011 exploration program at the Garrcon
Deposit which is located on the 100% owned Garrison Gold
Property, 100 Km east of Timmins, ON.
Highlights reported here from the 2011 program:
from infill holes within the resource footprint:
· 1.0 meters of 84.3 g/tonne
· 1.0 meters of 64.5 g/tonne
· 150.6 meters of 1.24 g/tonne
from stepout holes east of the resource
footprint:
· 54.0 meters of 1.18 g/tonne
· 13.3 meters of 4.36 g/tonne
· 0.7 meters of 35.96 g/tonne
As part of the 2011 exploration drill program on the
Garrcon Deposit, assay results have been received from three
more vertical drill holes (GAR-11-113, GAR-11-114 and
GAR-11-115) located in the southern half of the resource
footprint established in the NI 43-101 Technical Report by
A.C.A. Howe International Limited ("Howe Report")
and filed on SEDAR August 8, 2011. These holes were drilled
along section line 10+50 W, once again identifying long, up
to 421 meters, downhole lengths of gold mineralization above
the Howe Report's cutoff grade of 0.3 g/tonne.
Assay results received from the three stepout holes,
GAR-11-130, GAR-11-140, and GAR-11-141, east of the Howe
Report's resource footprint, extend the known strike
length of the Garrcon mineralized deposit another 200 meters
eastwards, increasing the length of known mineralization to 1
km. The best intersection in these three holes is 54 meters
of 1.16 g/tonne Au. In addition, higher grades were
intersected over shorter lengths of downhole mineralization
in all three stepout holes.
"Early results from the stepout drilling east of
the Howe resource footprint are very exciting to us as they
appear to be in similar mineralization to that seen within
the NI 43-101 resource" said Martin Shefsky, President
and CEO of Northern Gold Mining Inc. "The mineralization
reported within the resource and that seen in the stepout
drill holes continue to support the potential of the Garrcon
geologic model as a large, bulk mineable, open pit
deposit."
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