New discovery of high grade gold 2305 g/t (67.22 oz/t) on Northern Gold Mining's kirana property |
Northern Gold Mining Inc - Aug 18, 2008 |
Toronto, Ontario (July 22, 2008): Northern Gold Mining Inc. (TSX-V NGM) is pleased to
announce the discovery of a promising, previously unknown zone of mineralization containing areas
assaying high grades of gold (up to 2305.12 g/t, or 67.22 oz/ton) and local coarse, visible gold at its
Kirana Project. The Kirana Project is the company’s most recently acquired ground and the area
containing the new gold bearing zone lies in Teck Township, Ontario, approximately five kilometers
northeast of the historic Kirkland Lake gold camp. Official production from the Kirkland Lake camp
is more than 24 million ounces of gold from numerous mines since 1910, many of them high grade
deposits. Northern Gold Mining’s Kirana Project comprises a main group of 86 claim units, 4 patent
claim blocks and an additional, isolated block of 8 more claim units just south of the main group.
The main claim group contains much prospective ground as it covers 6.2 kilometers of the
interpreted extent of the Kirana Break.
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- Posted: 2008-08-18 09:48:59
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