Northland Finalizes the Sale of its Non-Ferrous Assets in Sweden

Luxembourg, May 2, 2011: Northland Resources S.A. (TSX: NAU, OSE: NAUR,
Frankfurt: NPK - "Northland" or "the Company") is pleased to announce that the
divestment of the Company's non-ferrous projects in Sweden has been approved by
the TSX Venture Exchange. As previously announced, the buyer of the projects,
including the Barsele Gold Project, is Orex Minerals Inc. (TSXV: REX - "Orex").
"We are convinced that these projects will be better developed by Orex, a
company with a proven record and focus on the exploration and development of
gold and silver projects," said Karl-Axel Waplan, President and Chief Executive
Officer of Northland. "Orex will invest a minimum of USD 3 million in the non-
ferrous projects in the two first years. Furthermore, Northland will be working
close together with Orex. I am pleased to announce the appointment of Dr.
Vladimir (Mirek) Benes to the Orex Board of Directors. Dr. Benes is Vice
President of Exploration for Northland and he will bring to the exploration and
potential development of these projects his experience from Barrick Gold
Corporation, where he ran the exploration team operating in Russia and Central
Asia for 10 years."

The total consideration is valued at a minimum of USD 15.5 million including a
mix of upfront cash and shares, as well as deferred cash and share payments,
guaranteed investments and a two percent Net Smelter Royalty. Northland will
receive a total of USD 5 million in cash over two years and USD 3.5 million of
Orex shares to be issued over a period of four years. Initial consideration of
USD 2 million and 1,153,997 shares was received by Northland on April 29, 2011.

Additional information about the divestment was published on October 27, 2010
and on March 22, 2011.

Northland is a development-stage mining company with a portfolio of iron ore
projects in northern Sweden and Finland. The Company's Kaunisvaara Project will
exploit magnetite iron ore deposits, feeding a single, multi-line processing
facility in Sweden. The process yields a very high-grade, high-quality magnetite
iron concentrate. The Company is also preparing a Definitive Feasibility Study
for the Hannukainen Iron Ore Copper Gold Project in northern Finland.

"Karl-Axel Waplan"
President and CEO
Northland Resources S.A.

For more information, please contact:
Karl-Axel Waplan, President and CEO:  46 705 104 239
Marguerite Manshreck-Head, Investors Relations, Canada: 1 647 224 7882
Anders Antonsson, Vice President, Investor Relations: 46 709 994 970

Or visit our website: www.northland.eu

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)






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Source: Northland Resources S.A. via Thomson Reuters ONE

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Unternehmen: Northland Resources S.A. - ISIN: LU0488722801