Northern Gold Mining Inc TSXV:NGM in joint venture with ValGold Resources Ltd TSXV:VAL announced assay results from the Garrcon Deposit of its Garrison Gold Property in Ontario. Highlights include 0.63 g/t gold over 27.2 metres (including 8.32 g/t over 1 metre), 0.41 g/t over 253.5 metres (including 1.04 g/t over 24 metres and 7.13 g/t over 2 metres), 0.45 g/t over 272 metres (including 1.09 g/t over 59 metres) and 0.46 g/t over 228 metres (including 1.08 g/t over 58 metres and 13.07 g/t over 2 metres). Northern has an option to earn up to an 80% interest in the Garrison Gold Property and is the project operator.
Northern Gold President/CEO Martin Shefsky commented, “These drill results continue to define and expand the mineralized footprint while demonstrating the potential for an open pit bulk-tonnage gold deposit. We will continue to aggressively drill the Garrcon Deposit using two drills and focusing on systematic infill, definition and step-out drilling. Results of holes completed prior to December 2010 will be used in the updated NI 43-101 resource calculation expected to be completed in the first quarter of 2011.”
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Northern Gold Mining Inc
Martin R. Shefsky
by Ted Niles