To Showcase High Grade Gold at PDAC in Toronto March 1-4
posted on
Feb 26, 2009 08:17AM
High grade Gold & Nickel discovery, Viking & Taylor Brook - Newfoundland
February 26, 2009 |
Northern Abitibi to Showcase High Grade Gold at PDAC in Toronto March 1-4 |
CALGARY, ALBERTA--(Marketwire - Feb. 26, 2009) - Northern Abitibi Mining Corp. ("Northern Abitibi") (TSX VENTURE:NAI) is pleased to invite the public to visit our booth (# 2631) at the Prospectors and Developers Association of Canada Mining Conference (PDAC) being held in Toronto from March 1st to 4th at the Metro Toronto Convention Center, South Building. In addition, Northern Abitibi will have a core shack display on Tuesday March 3rd from 9 am to 5 pm, and Wednesday March 4th from 9 am to 12 noon (Session B). The core shack display will be located on Level 700 of the Metro Toronto Convention Center, South Building, adjacent to the technical sessions. The display will feature high grade gold intercepts from the Viking project, Newfoundland. We invite you to stop by and visit our booth and core display, meet our management team, and discuss our aggressive exploration plans for 2009. The Viking Property The Viking Property contains numerous high grade gold zones located within a 3 to 4 kilometer long, mostly till-covered, gold in soil anomaly. In October 2008 Northern Abitibi drilled 10 holes and intersected widespread high grade gold mineralization. Highlights include 4 holes that directly tested the Thor Vein and returned a high of 218.79 g/t gold over 0.5 metres, a low of 16.12 g/t gold over 3.8 metres, with an average of 50 g/t gold over 2.2 metres. A lower grade halo surrounds the Thor Vein including drill intersections of 23.0 metres grading 5.12 g/t gold (this includes the high grade Thor Vein), 22.0 metres grading 1.91 g/t gold, 10.8 metres grading 2.43 g/t gold, and 33.3 metres grading 0.73 g/t 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. A description of the Viking project is available on our website (www.naminco.ca). Northern Abitibi Northern Abitibi's technical team of experienced, professional geologists are assembling a portfolio of gold, nickel and other base metal projects from opportunities within Canada, Mexico and the United States. Northern Abitibi can earn a majority interest in the Viking project from Altius Resources Inc. by making staged share and cash payments and funding exploration over a period of 4 years. Dr. Shane Ebert, P.Geo., is the Qualified Person responsible for the preparation of this news release. Shane Ebert, President/Director |