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NSM Northern Star Mining Corp.

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Share Name Share Symbol Market Type
Northern Star Mining Corp. TSXV:NSM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Northern Star Announces Further Drill Results From Malartic-Midway Project

27/10/2009 12:40pm

Marketwired Canada


Northern Star Mining Corp. (TSX VENTURE:NSM)(OTCQX:NSMSF) (Northern Star Mining
or the "Company") is pleased to announce further drill results from its surface
and underground exploration and development programs.


Malartic-Midway Project

Underground drilling on the Malartic-Midway gold project (16km west of Val-d'Or
- Quebec, immediately adjacent to the Osisko gold project) resulted in the
following results:




                                           Core                       
                    From          To     length      Grade           
HOLE #                (m)         (m)        (m)   (g/t Au)   Rock Type
                                                                      
44             Drift wall                                            
                        0          8          8       6.92       Gabbro
                                                                      
69            Drift floor                                            
                     30.7       32.9        2.2       8.35       Gabbro



Underground development of the Briar bulk sampling program is continuing while
blasting (mining) of the Chabela bulk sample is underway.


Gold mineralization has been encountered in the main Briar haulage decline,
following which the Company decided to drift into the porphyry for exploration
and if warranted bulk sampling purposes.


During advancement of this exploration drift, a previously unknown gold
mineralized gabbro was discovered.


Grab and muck samples along the face and from the muck haulage trucks returned
an average cut grade of 14.8g/t over a true horizontal width of 4.5 meters. The
Company has now advanced this drift over 40 meters in mineralized porphyry and
gabbro.


A blast test hole (3.7 meters in length) in the gabbro ahead of drifting
returned an average cut grade of 9.68g/t.


Drifting into the underground discoveries at the L and K zones (previously
announced) is underway and the Company has contracted an immediate 4,000 meter
underground drill program for these and other underground drill sites.


Beacon Mill

The Company is now set to begin milling operations at its wholly owned Beacon
mill for the processing of its Malartic-Midway bulk samples in mid November.


McKenzie Break

At the McKenzie Break gold project (60-40 joint venture with Britannica
Resources Corp.) the Authorization permits have been received from the Quebec
government allowing underground work to proceed.


Site installation and capital equipment purchases are well underway, and the
initial blasting and excavation work for the decline Portal (entrance) has
begun.


Callahan Project

Surface diamond drilling on the Callahan gold project, located north of the
Malartic-Midway project has also begun.


Michel David, president, states, "The Company has now entered into an
acceleration exploration development phase. Underground bulk sampling at the
Chabela, Briar and the newly discovered gabbro zone at Malartic-Midway is
underway along with exploration diamond drilling and drifting. Underground
exploration and development has begun at the McKenzie Break project, and finally
surface diamond drilling has begun at the Callahan project. This increase in
activity portends well for the Company's future."


Northern Star Mining Joins OTCQX

The Company is also pleased to announce that it is now trading on OTCQX(R) under
the symbol: OTCQX: NSMSF


Northern Star Mining Corp. begins trading today on the OTC market's elite tier,
OTCQX International. Investors can find current financial disclosure and
real-time Level 2 quotes for the company on www.otcqx.com and
www.pinksheets.com. 


"OTCQX provides Northern Star Mining with a visible market tier to increase U.S.
investor awareness, and distinguish themselves from the thousands of other
companies traded over-the-counter," said R. Cromwell Coulson, President and CEO
of Pink OTC Markets. "We are pleased to welcome Northern Star Mining to OTCQX." 


Berns & Berns, will serve as Northern Star Mining's Principal American Liaison
("PAL") on OTCQX, responsible for providing guidance on listing requirements.


Eugene Gauthier, Ing (OIQ), acts as the qualified person of the Company and has
reviewed the contents of the news release. The diamond drilling and exploration
programs are being carried out under the direct supervision of Eugene Gauthier,
Ing (OIQ). The Company is maintaining strict standards for QA (quality
assurance) and QC (quality control); by keeping under lock all drill cores,
rejects and pulps for further testing. Samples were sent to ALS Chemex and
Techni-Lab labs in Val d'Or, Quebec. High grade assays intersections were
subject to total gold metallic sieve method in addition to the standard fire
assay and AA finish.


ON BEHALF OF THE BOARD

Jonathan Awde, Vice-president, Corporate Finance

This press release contains certain "Forward-Looking Statements" within the
meaning of Section 21E of the United States Security Exchange Act of 1934, and
involves a number of risks and uncertainties. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with the TSX
Venture Exchange and the British Columbia Securities Commission. All statements,
other than of historical fact, included herein are forward-looking statements
that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements.


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