New Exploration Program
NEWS RELEASE TRANSMITTED BY CCNMatthews
FOR: NORTHERN MINING EXPLORATIONS LTD.
TSX SYMBOL: MDN
APRIL 21, 2004 - 09:25 ET
NORTHERN MINING Explorations Ltd.: New Exploration
Program in the Lac Shortt Area, Quebec
MONTREAL, QUEBEC--(CCNMatthews - Apr 21, 2004) - NORTHERN MINING
Explorations Ltd. (Explorations MINIERES du NORD - "MDN") is
pleased to announce the start of a new exploration program at the
Lac Shortt project, Quebec. This project consists of a joint
venture between Northern Mining and SOQUEM INC. over a property
covering 76.1 km2 located between two former producing mines, Lac
Shortt and Bachelor Lake, in the northern Abitibi area of Quebec.
The priority target is the Boyvinet gold occurrence and the
current program follows-up the work done in November 2002. At
that time, Northern Mining and SOQUEM had obtained significant
values in drill intersections in a syenitic intrusion containing
porphyritic-style gold mineralization. The objective of this new
work is to determine the locations within the intrusive of gold
in higher concentrations. Northern Mining and SOQUEM have just
completed a detailed helicopter-borne magnetometric survey of the
area using a new instrumental configuration by Geophysics GPR
International of Montreal. Two clusters of diamond drilling
targets have been identified so far. These targets consist of
geological structures, indicated by magnetic lineaments and
shears, believed to be associated with gold mineralization.
Drilling of these targets will be carried out as soon as
possible.
This exploration program is using funds raised by a
"flow-through" financing done through Northern Precious Metals
Limited Partnership in the amount of C$ 400,000 at the price of
C$ 1.00 per share, the proceeds of which will be used exclusively
for Northern Mining's Quebec exploration portfolio.
MDN is a Montreal-based Canadian exploration company which holds
a 30% interest in the Tulawaka gold project which is currently
under construction, a majority interest in 17 adjacent
exploration licenses in Tanzania, a majority interest in four
properties in Eritrea, and other gold and base metal exploration
interests in Quebec, Canada.
SOQUEM is a wholly-owned subsidiary of SGF Mineral inc., a
subsidiary of Societe Generale de financement du Quebec ("SGF").
The mission of the SGF is to carry out economic development
projects, in cooperation with partners and in accordance with
accepted requirements for profitability that comply with the
economic development policy of the Government of Quebec.
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FOR FURTHER INFORMATION PLEASE CONTACT:
NORTHERN MINING Explorations Ltd.
Carlos H. Bertoni, M. Sc.
CEO
(514) 866-6500
or
NORTHERN MINING Explorations Ltd.
Paul-A. Girard
Chairman
(514) 866-6500
or
NORTHERN MINING Explorations Ltd.
Tim Williams, Ph. D.
COO
(514) 866-6500
Web: www.mdn.qc.com
Email: info@xnord.com