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Northern Mining Limited Quarterly Operations Report

31.10.2012  |  ABN Newswire
15:27 AEST Oct 31, 2012 ABN Newswire (C) 2004-2012 Asia Business News PL. All Rights Reserved.

Perth, Australia (ABN Newswire) - During the quarter, Northern Mining Limited (ASX:NMI) maintained its focus on the East Kalgoorlie Project conducting aircore drilling at the Hake Prospect and diamond drilling programs at Northern Zone Deeps and Snake Hill.


Northern Zone Deeps Prospect (NMI 76%, Balagundi Gold Pty Ltd 24%)

A two hole diamond drill program totalling 899.1 metres was completed at Northern Zone Deeps during the quarter. The program has reinforced previous geological interpretations of a north-south trending structural corridor through the prospect area. This recent drilling, which compliments previous diamond drilling at Northern Zone Deeps, has now identified gold mineralisation over a 300 metre strike length at depth. Mineralisation remains open along strike to the north and south.

The two diamond holes, BNRC034 and BND004, both intersected gold mineralisation within a granodiorite intrusive with associated pervasive hematite-carbonate alteration, fine disseminated pyrite and shallow dipping east-west to northwestsoutheast striking quartz veins.


Significant results from this drilling include:

- 19 metres grading 1.14 g/t Au from 132 metres in drillhole BNRC034; including
-- 0.5 metres grading 15.47 g/t Au from 144.5 metres, and
-- 1.0 metre grading 6.47 g/t Au from 149 metres.
- 4.59 metres grading 2.72 g/t Au from 271.41 metres in drillhole BND004; including
-- 0.64 metres grading 16.36 g/t Au from 271.41 metres.
- 22 metres grading 0.87 g/t Au from 336 metres in drillhole BND004; including
-- 1 metre grading 9.57 g/t Au from 338 metres, and
-- 1 metre grading 2.81 g/t Au from 355 metres.

The full figures and quarterly report can be viewed at:
http://media.abnnewswire.net/media/en/docs/ASX-NMI-611648.pdf



About Northern Mining Limited:

Since admission to the Official List of the ASX on the 12 September 2006, Northern Mining Limited (ASX:NMI) continues to explore its exciting and diverse exploration portfolio comprising gold, nickel and base metals projects in Western Australia (WA), the Northern Territory (NT) and Poland.

During 2011/2012, NMI focussed its exploration efforts on the East Kalgoorlie Project in Western Australia, where the Company has strong indications of three gold mineralised systems within its tenure (Blair North, Kanowna Lights and Snake Hill Prospects). All prospects are ideally located to key infrastructure and gold processing facilities.

At the Camel Prospect in the Northern Territory, manganiferous outcrops occur in two discrete areas some 23 kilometres apart with limited exposure of rocks anomalous in manganese. At both areas, the zones of interest are covered by a shallow cover sequence. Rock chip values of the limited outcrop returned consistently elevated Mn results up to 15.7% Mn at Area 1 and up to 45.6% Mn at Area 2. The Prospect covers some ~3,260 hectares, is centred 127 kilometres southwest of Alice Springs and is readily accessed by the sealed Stuart Highway which passes through it. The Prospect is <110 km west of the Adelaide-Alice Springs Rail Corridor.

The Company's interest at the Radzimowice Project in Poland, is focussed on a bulk tonnage Au-Ag-Cu target which has not been subject to modern day exploration.



Contact:

Northern Mining Limited
T: (08) 9244 8499
F: (08) 9244 3166
WWW: www.northernmining.com.au
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