TORONTO, ONTARIO -- (Marketwire) -- 01/21/13 -- Northern Gold Mining Inc. (TSX VENTURE: NGM) ("Northern Gold" or the "Company") is pleased to announce results from 9 additional diamond drill holes totaling 5,203 metres from its 2012 surface diamond drilling program on the Garrcon Property of the Golden Bear Project, 100 km east of Timmins, Ontario.
The results from the 9 drill holes released today along with 2 previously released holes has outlined what appears to be a high-grade zone of gold mineralization with a 600-metre strike length within the Garrcon Deposit. The new zone is located more than 200 metres east of the historical Garrcon underground workings and at a greater depth.
Greg Gibson, President and CEO of Northern Gold, comments: "Although we are at the initial stages of this new high-grade discovery, there is already strong indication that there may be continuity between these drill intercepts. To date, we have outlined a 600 metre high-grade trend of mineralization which remains open in all directions. Additional drilling will provide details on the orientation, strike length, and the up and down-dip extent of this gold zone."
Drill assay highlights of the new high-grade zone are provided in Table 1. A plan map of the highlighted drill intercepts is also enclosed herein as Figure 1.
Table 1 - Garrcon East High Grade Zone Assay Highlights---------------------------------------------------------------------------- From To Interval Au g/tHole ID Section (m) (m) (m) uncut----------------------------------------------------------------------------GAR-11-163(i) 7+50W 497 498 1.0 95.47----------------------------------------------------------------------------GAR-12-188(i) 6+50W 491 492 1.0 82.74----------------------------------------------------------------------------GAR-12-244 6+00W 460 461 1.0 58.97----------------------------------------------------------------------------GAR-12-245 5+50W 368 369 1.0 8.19----------------------------------------------------------------------------GAR-12-247 5+00W 527 528 1.0 10.62----------------------------------------------------------------------------GAR-12-248 4+50W 421 430 9.0 3.91----------------------------------------------------------------------------GAR-12-249 4+00W 414 415 1.0 7.65----------------------------------------------------------------------------GAR-12-260 3+50W 370 371 1.0 4.53----------------------------------------------------------------------------GAR-12-262 3+50W 431 432 1.0 1.60----------------------------------------------------------------------------GAR-12-263 2+50W 523 524 1.0 94.77----------------------------------------------------------------------------GAR-12-264 1+50W 524 526 2.0 6.05----------------------------------------------------------------------------(i)- previously released
