Northland Appoints Scoping Study Manager

Northland Resources Inc. (TSX VENTURE:NAU)(FRANKFURT:NBS)(OSLO:NAUR) is pleased
to announce that it has appointed Wardell Armstrong International ("WAI") to
complete a scoping study on its iron ore projects in Sweden and Finland. Atkins,
appointed by Northland in November 2007, provided advice on selection of WAI as
engineering consultants for the scoping study and will manage all of the
activities required to take the projects forward to implementation (see new
release dated Nov. 27, 2007).


Northland is working to develop three magnetite deposits -Stora Sahavaara and
Tapuli in Sweden and Hannukainen in Finland- with associated beneficiation
plants. The development of the three deposits will take place in several stages.
The first phase is well underway and much of the early metallurgical test work
has been completed, and environmental studies and permitting are well underway.
The next step is the completion of the Scoping Study for the project. The
objectives of the Scoping Study will be to:


- Consolidate the conclusions of previous studies into a single study;

- Provide an indication of the financial and technical viability of the project;

- Identify and evaluate alternative development options;

- Determine the basis of design and main parameters for the trade-off studies
and definitive feasibility study; and


- Confirm the timeframe for delivery of the project.

Buck Morrow, the President of Northland, commented: "I am delighted to bring WAI
on board to complete the scoping study work for us. This study is a vital step
toward demonstrating the economic feasibility of our iron projects and we're
pleased to have their technical expertise available at this early stage."


WAI has been providing the mineral industry with specialized geological, mining,
processing, and environment, health and safety expertise since 1987, initially
as an independent company, but from 1999 as part of the Wardell Armstrong Group.
They have worldwide experience and the WA Group covers the metalliferous mining,
coal, ferrous and industrial minerals sectors. WAI has a strong client list that
includes companies and organizations from the private and public sectors as well
as many of the major lending institutions. In addition, WAI has been involved in
a number of AIM and Full London stock exchange listings.


Atkins plans, designs and enables the delivery of complex infrastructure and
buildings for clients in the public and private sectors across the world. Atkins
is the largest multi-disciplinary consultancy in Europe; the largest engineering
consultancy in the UK; and the third largest design firm in the world.
Additional information can be found on their website at www.atkinsglobal.com.


About Northland (www.northlandresourcesinc.com)

Northland is a well-structured, debt free junior exploration company with a
portfolio of high quality iron, gold, and base metal exploration projects in
Sweden and Finland.


ON BEHALF OF THE BOARD

Buck Morrow

NORTHLAND RESOURCES INC.

Nevgold (TSXV:NAU)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024