Northern Gold Relinquishes Option on Harker-Holloway Property

TORONTO, ONTARIO--(Marketwired - Nov 7, 2013) - Northern Gold Mining Inc. (TSX VENTURE:NGM) ("Northern Gold" or the "Company") announces that the Company has relinquished its option to acquire up to a 100% interest in the Harker-Holloway Property. No further option payments or exploration expenses will be incurred with respect to this property.

The Company is focusing its exploration and development efforts on the remaining properties in its Golden Bear Project portfolio consisting of 8,881 hectares and will conduct a drill program on several patented mining claims recently acquired from Lac Properties Inc. located in Garrison Township.

About Northern Gold

Northern Gold is a TSXV-listed gold company based in Toronto, Ontario. The Company's main focus is the exploration and development of its prospective mineral properties at the Golden Bear Project in the Larder Lake Mining Division, northeastern Ontario. Northern Gold has a portfolio of advanced exploration projects, including the Jonpol and Garrcon Deposits and the Buffonta Property. Recent transactions, including the amalgamation with Victory Gold Mines Inc. and the acquisition from Lac Properties, add to the Company's regional development strategy along the Destor-Porcupine Fault Zone.

CAUTIONARY STATEMENT: Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved of the information contained herein.