NAI

Northern Abitibi Mining Corp. (TSX VENTURE:NAI) ("Northern Abitibi") is pleased
to provide assay results for drill holes 104 to 109 from its ongoing drill
program at the Viking gold property in Newfoundland. 


Drilling Program 

The 2011 drilling program continues to successfully intersect gold
mineralization along the Thor Trend. Visible gold along with substantial
alteration halos have been encountered in several of the new drill holes
confirming the mineralized system continues to depth and along strike. Holes 104
to 109 are all located in the northern and central part of the Thor Trend.
Results are summarized in the table below


Summary of select drill intercepts - Viking Project



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Drill Hole                         From (m)     To (m)      Width     Au g/t
                                                           (m)(i)           
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Hole 104                                3.0        3.2        0.2        1.7
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Hole 104                               51.4       51.9        0.5        3.8
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Hole 105                               66.9       67.2        0.3        2.0
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Hole 105                              117.5      149.5       32.0        0.5
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Hole 105                              184.6      185.5        0.9        1.7
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Hole 106                               69.4       72.4        3.0        0.7
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Hole 106                               92.5      110.2       17.7        0.3
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including                             106.4      106.8        0.4        6.0
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Hole 106                              116.5      116.8        0.3       29.3
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Hole 107                              199.9      201.7        1.8        2.4
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Hole 108                              143.5      170.4       26.9        0.8
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including                             164.9      165.2        0.3       26.4
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Hole 109                               91.5      112.5       21.0        0.7
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Hole 109                              149.0      159.2       10.2        2.4
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including                             149.0      150.3        1.3       10.4
----------------------------------------------------------------------------



 (i)The true widths of the mineralized intercepts have not been determined

Several broad low grade intercepts have been encountered such as 26.9 metres
grading 0.8 grams per tonne (g/t) gold, 32 metres grading 0.5 g/t gold, and 10.2
metres grading 2.4 g/t gold in holes 106, 105, and 109 respectively. High grade
intercepts such as 1.3 metres grading 10.4 g/t gold in hole 109, 0.3 metres
grading 29.3 g/t gold in hole 106, and 0.3 metres grading 26.4 g/t gold in hole
108 are expanding known high grade shoots along strike and to depth. 


Exploration Update 

This year to date 8 new core holes have been completed (holes 104 to 111) and
hole 112 is currently in progress. Assay results have been received for holes
104 to 109 and holes 110 and 111 have been logged and sampled and assay results
are expected over the next several weeks.


A trenching program is underway testing new areas in the northern and western
parts of the claim block. New zones of alteration have been identified and are
currently being washed, mapped, and sampled. A surface grid has been established
and a 30 line kilometre 2-D and 3-D induced polarization survey over the Viking
Project will commence shortly.


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, 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).


Quality Control 

All drill core is logged, photographed, and cut in half with a diamond saw. Half
of the core is bagged and sent to Eastern Analytical for analyses while the
other half is archived and stored on site for verification and reference
purposes. Gold is assayed by standard fire assay methods with additional
elements analyzed by Induced Coupled Plasma (ICP). Samples with greater than 5
g/t gold and samples containing visible gold are re-assayed using a metallic
sieve procedure to reduce the nugget effect created by free gold particles in
the samples.


Duplicate samples, blanks, and certified standards are included with every
sample batch and then checked to ensure proper quality assurance and quality
control (QA/QC). Select samples are also sent to an outside laboratory for
independent analyses as part of a check assay procedure. 


Northern Abitibi 

Northern Abitibi's technical team of experienced, professional geologists is
committed to assembling and advancing a portfolio of gold and base metal
projects from opportunities within Canada, Mexico and the United States.
Northern Abitibi is focused on identifying high potential North American
projects and exploring and developing them in a responsible and cost-effective
manner.


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)
Storico
Da Mag 2024 a Giu 2024

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