ONTARIO – Northern Gold Mining of Toronto and the Wahgoshig First Nation have signed an exploration agreement that covers Northern's Golden Bear project in the Larder Lake Mining Division. The deal creates an on-going relationship between the signatories and provides Wahgoshig with the benefits of training, communication and business development.
Northern Gold has also agreed to issue 200,000 common shares and 200,000 share purchase warrants to the Wahgoshig. This arrangement is subject to approval by the TSX Venture Exchange.
The Golden Bear project includes the Jonpol and Garrcon deposits on the Garrison property, the Buffonta past producing mine, and the Gold Pike mine property.
Details are available at NorthernGold.ca.