NAU Nevgold Corp

VANCOUVER, BRITISH COLUMBIA (FRANKFURT: NBS)(OSLO: NAUR) is pleased to announce that it has received 2 key permits for its 100% owned Hannukainen iron-copper-gold project in Finland. The permits allow Northland to drain the Laurinoja open pit and to collect a bulk sample of mineralization within the existing pit area for pilot-scale metallurgical test work.

The Finnish-Swedish Trans-Border River Commission recently granted a pumping permit which will allow Northland to drain the Laurinoja open pit. This work will start as soon as a contractor can be mobilized to the site and dewatering is expected to take 3 to 4 months to complete.

Once dewatering is finished, a bulk sample will be taken for metallurgical testing. Northland has received the permission from the Northern Finland Environmental Permit Authority to carry out test excavations to collect a bulk sample. The material excavated will provide key information for the metallurgical process design work for Hannukainen. In addition, when the pit is drained, the Company's geologists will be able to map the pit area in detail.

Buck Morrow, the President of Northland, said, "The receipt of these permits is a major step in the advancement of the Hannukainen Project. It also demonstrates the excellent level of cooperation between Northland and the permitting agencies of Finland and Sweden involved in reviewing our applications and granting the permits, and has established a solid foundation for future cooperation. We will carry out this phase of work in an environmentally and socially responsible manner."

Background

Northland has defined a major, NI43-101 compliant iron-copper-gold resource at Hannukainen project in Finland, which was reported on August 23rd, 2007. Total Measured plus Indicated resources are 84.6 million tonnes with an average grade of 34.6% Fe, 0.20% Cu, and 0.093 g/t Au using a cut-off of 15% Fe. An additional 81.6 million tonnes @ 35.7% Fe + 0.13% Cu + 0.036 g/t Au have been defined in the inferred category.

The Hannukainen area itself represents only one of a number of known iron-oxide-copper-gold type magnetite occurrences in the Kolari District, Finland that are currently being evaluated by Northland. On the Swedish side, at the Stora Sahavaara prospect which is roughly 25km from the Laurinoja open pit, the Company has defined a significant NI43-101 compliant iron resource with Cu credits (see Northland's press release dated May 18, 2006). Northland's broader objective is to define combined resources in excess of 500 million tonnes of magnetite mineralization within the region.

Qualified Person

The resource modeling for Hannukainen was completed in a joint effort between Micon International of Norwich, United Kingdom and Geovista of Lulea, Sweden. Mr. D.K. Mukhopadhyay, MAusIMM, of Micon served as the independent Qualified Person for the resource modeling.

Background

Northland Resources Inc. 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

Ralph Rushton

NORTHLAND RESOURCES INC.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Northland Resources Inc. Buck Morrow President Toll Free: 1-866-719-8962 Northland Resources Inc. Ralph Rushton Investor Relations - North America Toll Free: 1-866-719-8962 Northland Resources Inc. Gabriella Roos Investor Relations - Europe +44 791 286 9936 Website: www.northlandresourcesinc.com

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