NAI

Northern Abitibi Mining Corp. (TSX VENTURE:NAI) ("Northern Abitibi") is pleased
to announce that drilling has commenced at its Viking gold project,
Newfoundland.


The drill program will include a minimum of 3500 to 4000 metres of drilling and
will initially focus on expanding the known high grade gold shoots along the
Thor Trend, with the goal of growing the resource base at Thor both in ounces
and overall grade. Additionally, line cutting will commence shortly in
preparation for a property scale induced polarization-resistivity geophysical
survey scheduled to begin in early June.


The Viking Property 

The Viking Property contains numerous high grade veins within larger bulk
tonnage style zones of gold mineralization located within a 3 to 4 kilometre
long gold-in-soil anomaly. Drilling highlights include high grade intercepts of
5.75 metres grading 33.7 g/t gold, 3.7 metres grading 50.1 g/t gold, 0.5 metres
grading 218.8 g/t gold as well as lower grade intercepts including 27 metres
grading 7.9 g/t gold, 23.0 metres grading 5.1 g/t gold, and 57.4 metres grading
2.8 g/t gold. The Thor Trend contains an uncut Inferred Mineral Resource
containing 131,511 ounces of gold.


The Viking Property is located in the mining friendly jurisdiction of
Newfoundland and Labrador, and has excellent access and local infrastructure,
with a paved highway and power line located less than one kilometre from the
project. Northern Abitibi has a 100% property interest in the Viking project
subject to a 2% to 4% sliding scale net smelter royalty held by Altius
Resources. A detailed description of the Viking project is available on our
website (www.naminco.ca).


Dr. Shane Ebert, P. Geo. is the Qualified Person responsible for the preparation
of this news release. 


Shane Ebert, President/Director

Except for the historical and present factual information contained herein, the
matters set forth in this news release, including words such as "expects",
"projects", "plans", "anticipates" and similar expressions, are forward-looking
information that represents management of Northern Abitibi's internal
projections, expectations or beliefs concerning, among other things, future
operating results and various components thereof or the economic performance of
Northern Abitibi. The projections, estimates and beliefs contained in such
forward-looking statements necessarily involve known and unknown risks and
uncertainties, which may cause Northern Abitibi's actual performance and
financial results in future periods to differ materially from any projections of
future performance or results expressed or implied by such forward-looking
statements. These risks and uncertainties include, among other things, those
described in Northern Abitibi's filings with the Canadian securities
authorities. Accordingly, holders of Northern Abitibi shares and potential
investors are cautioned that events or circumstances could cause results to
differ materially from those predicted. Northern Abitibi disclaims any
responsibility to update these forward-looking statements.

Grafico Azioni Northern Abitibi Mining Corp. (TSXV:NAI)
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Da Mag 2024 a Giu 2024

Grafico Azioni Northern Abitibi Mining Corp. (TSXV:NAI)
Storico
Da Giu 2023 a Giu 2024