High North Resources-Corporate Update

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE 
 UNITED STATES. 

High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is
pleased to provide an update on the following: 


Appointment of Chief Financial Officer 

The Company is pleased to announce the appointment of Ms. Susan E. McClinton as
the Chief Financial Officer of the Company, effective January 27, 2014. Ms.
McClinton has over 35 years of experience in financial and corporate positions
with various companies, primarily in the oil and gas sector.


Change of Auditor 

Effective January 27, 2014, at the request of the Company, Dale Matheson
Carr-Hilton Labonte LLP (the "Former Auditor") has resigned as auditor of the
Company and the Company's Board of Directors has appointed KPMG LLP as the
successor auditor (the "Successor Auditor"). The Notice of Change of Auditor,
together with the letter from the Former Auditor and the letter from the
Successor Auditor were reviewed and approved by the Company's Board of Directors
and have been filed on SEDAR at www.sedar.com. 


Resignation of Director 

The Company regrettably announces that Duncan Chisholm has resigned as a
director of High North effective January 29, 2014 for health reasons. Management
and the Board of Directors wish to thank Mr. Chisholm for his time and
contributions to the Company. 


Granting Options 

The Company also announces that on January 29, 2014, the Board of Directors of
the Company approved the grant of an aggregate of 600,000 stock options to
acquire an equivalent number of common shares of High North to certain
directors, pursuant to the terms of the Company's rolling stock option plan.
Each option is exercisable at a price of $0.35 per common share and will expire
on January 29, 2019. The options are granted subject to the receipt of the
necessary regulatory approvals. 


About High North Resources Ltd. 

High North Resources Ltd. is a TSX Venture Exchange listed oil and gas
development company with assets near the Peace River Arch area of Northwestern
Alberta. In total, the Company has an option to drill and produce from oil and
gas leases strategically concentrated into nine blocks with stacked hydrocarbon
potential, ranging from the Cretaceous Dunvegan through to the Devonian Granite
Wash formation. Multiple conventional and unconventional oil targets are present
including the Montney, Duvernay and Nordegg formations which are on trend and
actively being developed in the Kaybob field. 


READER ADVISORY

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


This news release contains certain statements that may be deemed
"forward-looking statements. Forward looking statements are statements that are
not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although High North believes
the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance
and actual results may differ materially from those in forward looking
statements. Forward looking statements are based on the beliefs, estimates and
opinions of High North's management on the date the statements are made. Except
as required by law, High North undertakes no obligation to update these
forward-looking statements in the event that management's beliefs, estimates or
opinions, or other factors, should change.


The forward-looking statements contained in this press release are made as of
the date of this press release, and the Company does not undertake any
obligation to update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or otherwise,
except as expressly required by securities law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
High North Resources Ltd.
Mr. Kyle Stevenson
Investor Relations and Director
[phone]
[e-mail]


High North Resources Ltd.
Mr. Colin Soares
President, Chief Executive Officer, and Director
[phone]
[e-mail]
www.highnorthresources.com