Northern Mining Limited

Welcome to Northern Mining

Investment Highlights

PROJECTS:

POLAND

SZKLARY NICKEL PROJECT (NMI 80%) – CURRENT REMAINING ORE FROM HISTORIC MINING ESTIMATED TO AGGREGATE 14.64MT ORE FOR 117,000 TONNES NICKEL (AVERAGE 0.8% NI)

The Szklary Ultramafic is situated close to existing infrastructure, being some 30 kilometres north east of the city of Klodzko and 4 kilometres from the town of Zabkowice Slaskie, in the Lower Silesia province in southwest Poland. Reported historical ore mined from the Szklary deposit equalled 2.9Mt Ni producing almost 20,000t Ni recoverable @ 0.68% Ni.                                                                    

RADZIMOWICE GOLD PROJECT

NMI Earning 80%
Historic: Known gold, silver, arsenic, copper
Total consession area covers 10.86 square kilometres
Close to existing infrastructure.

WESTERN AUSTRALIA

EASTERN GOLDFIELDS: PROSPECTIVE GOLD AND NICKEL TARGETS

Immediate gold and nickel targets – Blair North Prospect: recent drilling results reveal significant nickel and anomalous gold values at the Blair North prospect, located 30km east-south-east of Kalgoorlie. Follow-up drilling programmes are scheduled to commence early May 2008.

EAST KIMBERLEY – DURACK RANGE PROJECT: HIGH GRADE MOLYBDENUM AND EXTENSIVE HIGH GRADE, CONSOLIDATED HEAVY MINERAL BANDS (TITANIUM, ZIRCON) WITH URANIUM/THORIUM

  • Molybdenum values up to 0.3%
  • Titanium and Zircon values up to 19.3% TiO2 and 7.34% ZrO2
  • Conglomerate hosted uranium mineralisation
  • Surface copper 
  • Significant tin mineralisation

Historical assay results based on limited channel sampling for the period 1969 to 1974, carried out by Planet Mining in the Warton Sandstone region revealed a highly weathered, heavy mineral zone contained in lenses up to 1.2m thick containing up to 81% heavy minerals over a strike of at least 12 kilometres. The heavy mineral bands are located beneath shallow cover in beds dipping at 10 degrees. Geological reconnaissance and sampling of the heavy mineral bands carried out by Northern Mining in July 2007, added high grade molybdenum to the suite and confirmed them to be anomalous for uranium and thorium at surface.

NORTHERN TERRITORY

PROSPECTIVE BASE METAL AND URANIUM TARGETS

The five project areas in which the Company has an interest in the Northern Territory, are all highly prospective for Uranium. Milton Park Prospect farm-in and JV partner, NuPower Resources Limited, will be carrying out extensive airborne surveys throughtout 2008.

ROBUST COMMODITY OUTLOOK

The Board believes that the resource sector will continue to see a sustained strong price outlook for gold, nickel and uranium and has planned aggressive exploration programmes for 2008.

TIGHT CAPITAL STRUCTURE

The Company has only 70,148,869 Shares on issue, offerering Shareholders excellent leverage to exploration success.

EXPERIENCED, PRO-ACTIVE BOARD

The Board has a blend of exploration, development and resource management, corporate and financial skills to ensure the cost-effective exploitation of the existing project base.