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Old Fri, 02-29-2008, 01:05 PM   #1 (permalink)
ActionCapitalGp
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ActionCapitalGp
Arrow Northern Gold Mining Inc. Drills in Timmins and in Kirkland Lake (TSX-V NGM)

TORONTO, Feb. 29 Northern Gold Mining Inc. (TSX-V NGM) has kicked
off an active 2008 exploration program with a multi-front drilling program
which is underway at both its Frederick House Lake property in the Timmins
area and its Kirkland-Kirana claim group. This comes on the heels of the
recent completion of the Bourke's Mine drilling program.

Frederick House Lake Project
----------------------------
Northern Gold has commenced a 2600 metre, 13 hole diamond drill program
on its Frederick House Lake property in the Timmins, Ontario area. Frederick
House Lake covers an area 9.5 km by 5.0 km and is located approximately 35 km
northeast of Timmins, Ontario. Northern Gold holds 18 claims comprising 214
claim units in the area. These Frederick House Lake properties are optimally
positioned along the projected western extension of the regional Pipestone
Fault, which is spatially associated with a number of historical gold mines
and showings.
During 2007 Northern Gold Mining, Inc. flew a 361 line km airborne VTEM
survey over the lake and collected 1565 MMI samples from the lake bottom
sediments as a prelude to the current drill program. The MMI survey outlined
two large areas of anomalous Au. The West Anomaly covers an area 2.5 km by 0.8
km with individual MMI Au values to 109 ppb and response ratios to 52.9. The
East Anomaly covers an area 2.0 km by 1.0 km with individual MMI Au anomalies
to 61.4 ppb and response ratios to 29.8. The primary target of this initial
phase of drilling will be the large West MMI Au Anomaly where 10 holes of the
13 hole program will be targeted. There is no record of any diamond drilling
of the strata underlying Frederick House Lake in the area within the West
Anomaly where Northern Gold intends to drill. The 3 remaining drill holes
currently planned will target the East MMI Au Anomaly. To facilitate this "on
ice" drilling program, Northern Gold has been working since early January to
clear ice roads and 15 drill pads. Present ice conditions are now more than
adequate to complete the program.

Kirana - Gold Tailings Project
------------------------------
Northern Gold Mining Inc. has also received permission from the Ministry
of Northern Development and Mines to proceed with a proposed testing program
of gold-bearing tailings located on an 8 claim block which is part of Northern
Gold's Kirana Claim Group. The Kirana Claim Group is comprised of 86
contiguous claim units, 4 patent blocks, and the 8 noncontiguous claim units
just south of the main group. It extends across 4 townships 5 km to the
northeast of the gold-mining camp of Kirkland Lake, Ontario, where more than
24 million ounces of gold have been produced.
The tailings to be tested are the main tailings basin from the past
producing Sylvanite Mine. They cover an area approximately 0.8 km by 0.5 km in
northern Lebel Township. Northern Gold plans to test the tailings using a
Simco Earthprobe 200 direct-push drill with a 3" diameter sample tube. Samples
will be collected from top to bottom of the tailings along 30 metre spaced
grid lines. Samples will be collected every 50 metres, resulting in
approximately 260 sample locations. The proposed coverage will total
approximately 2000 metres of drilling. The results from this testing will be
used to ascertain the economic viability of tailings recovery from this basin.
Following successful results, Northern Gold would proceed with metallurgical
testing, permitting, and pre-feasibility studies as a prelude to the
extraction and recovery of this tailings basin.
The Sylvanite Mine, one of the seven mines comprising Kirkland Lake's
historic "Mile of Gold", was in production from 1927 to 1961, producing
1,674,808 ounces gold from 5,049,536 tons of ore mined resulting in an average
grade of 0.332 opt (11.38 g/t) (Guindon, D.L., Grabowski G.P.B., Meyer, G.,
Picotte, M.C.M., OGS OFR6204, Report of Activities 2006, Resident Geologist
Program, 2007). Seven random tailings samples drilled by previous owners on
the Sylvanite tailings during the 1990's yielded assays up to 0.12 opt (4.11
g/t). Other tailings recovery projects from the Kirkland Lake main tailings
basin include the Kinross - Kirkland Lake Gold tailings project in production
from 1987-1999 and 2002 which processed 3,240,890 tons of tailings to recover
173,659 ounces gold resulting in a grade of 0.054 opt (1.85 g/t) (Guindon,
D.L., Grabowski G.P.B., Meyer, G., Picotte, M.C.M., OGS OFR6204, Report of
Activities 2006, Resident Geologist Program, 2007).

Bourkes Project
---------------
The Bourke's Mine drill program was completed on February 9, 2008 with
the remaining assay results still pending. Northern Gold is currently
proceeding with its permitting requirements to facilitate a possible spring
2008 underground rehabilitation and sampling program at the Bourke's mine.

This press release has been reviewed by R.V. Zalnieriunas P.Geo., an
independent consulting geologist who is the "Qualified Person" for this
project as defined by NI 43-101. Northern Gold Mining, Inc. also announces
that in accordance with its stock option plan, Northern Gold has granted stock
options to purchase a total of 250,000 common shares of the Corporation to an
officer of the company as well as a consultant to the company. These options
are granted at an exercise price of $0.25 and they have a 5 year term. This
grant of stock options is subject to TSX Venture Exchange approval.

Northern Gold Mining Inc. is a well-financed (with over $4,400,000 in the
bank) Toronto-based junior resource company dedicated to gold exploration in
the proven mining camps of Kirkland Lake and Timmins in Northern Ontario. The
goal of our experienced and highly-skilled management team is to maximize
shareholder value through successful exploration and the aggressive testing of
high quality targets such as our advanced-stage past-producing gold properties
located in the Kirkland Lake area.

For further information: Northern Gold Mining Inc., Martin Shefsky,
President and CEO, Tel: (416) 366-7300, Fax: (416) 366-7301, E:
mshefsky@northerngold.ca; Jeffery Boykin, VP Investor Relations Regulatory
Affairs, Tel: (416) 366-7300, Fax: (416) 366-7301, E: jboykin@northerngold.ca,
Web site: Northern Gold - Welcome
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