With positive returns on their initial drill program at the Malartic project, NioGold Mining Corporation (NioGold; TSX-V: NOX) is now working on expanding their gold resource in the historic areas of the Val d’Or region of the Abitibi Gold Belt.

1. NioGold Mining Corporation (TSX-V: NOX) Expands Gold
Resources in Historic Val d’Or Region of Abitibi Gold Belt in
Canada
By Dr. Allen Alper
January 2013
With positive returns on their initial drill program at the Malartic project,
NioGold Mining Corporation (NioGold; TSX-V: NOX) is now working on
expanding their gold resource in the historic areas of the Val d’Or region of the
Abitibi Gold Belt.
Recently, Metals News had the opportunity to learn about the progress that
NioGold is making on the Marban and Malartic Block gold project located in the
historic Val d’Or gold region of Canada. Yan Ducharme, Vice President of
Exploration, took the time to talk about his own experience and to provide an
update on the projects that NioGold (TSX-V: NOX) is currently focused on.

2. Ducharme has an extensive mining background that he brought to assist with
development of the company since his start with NioGold Mining in 2007. With
a Master’s Degree in Earth Sciences from Université du Québec à Montréal,
Ducharme has been working on helping to guide NioGold in developing their
holdings in the Val d’Or region. Said Ducharme, “I’ve been with NioGold for five
and a half years.” Ducharme’s experience includes working with other large
mining companies on multiple continents. He said, “I was with IAMGOLD before
NioGold and have worked in Surinam and in Quebec. I was also in Africa.” He
joined NioGold as a senior geologist on the Marban Block project, part of the
larger Malartic project in the Abitibi Gold Belt.
The company is currently moving the Marban Block project forward and
determining the exact extent of the resource. He said, “Our focus now is to
work the Marban Block project, to bring it to the next level.” The initial push on
Marban Block has included working toward increasing the size of the resources
they have defined. As NioGold has worked on the project, it has gotten
attention from other companies. To that end, NioGold has secured a strategic
partner in Aurizon Mines to assist with the work, providing a portion of the
project in return for an investment in development as they move it forward
toward production. Said Ducharme, “We have a partner, Aurizon , who can buy
in when they spend $20 million dollars on the project and buy half the ounces
of the resource estimate after the $20 million is spent .” Said Ducharme, “Right
now, according to the latest resource estimate steered by Aurizon we have

3. increased the resource to two million ounces. We are trying to increase that
amount and get to the feasibility stage.”
Work plans are currently in progress to continue to forward the project in 2013
toward additional resource development and data collection. Given the specific
configuration of the property, NioGold will be working through the winter to
develop the resource. Ducharme said, “We want to investigate the Norlartic and
Kierens deposits trend.” Part of this investigation involves also looking at
potential drilling options as NioGold moves closer to production. The company
will be looking at the option of open pit processes.
Said Ducharme, “We want to test the open pit potential.” With the presence of
the Keriens creek nearby, winter work will be required. Ducharme said, “For
that we need to drill near the surface and we need to do that during the winter
because we need to build ice bridges.” Though working in the winter can be a
challenge, the staff of NioGold is committed to understanding more about the
potential for the deposit in order to move it to feasibility and production.
Ducharme said, “We want to increase the inferred resource to a higher category
and extends the deposits.” The drilling plans include working on a new section
as NioGold begins their work plans for the year. Said Ducharme, “We are right
now working on the North zone which is about 200 meters north-east of the
Norlartic deposit. It was mined before and there is some historical resource on
it.”

4. Ultimately, NioGold is focused on moving the Marban Block project forward to
production as soon as they have a better understanding about the resource.
Said Ducharme, “We want to make a 43-101 resource estimate that will include
all the zones and evaluate their open pit potential.” Increasing the resource is
part of that plan too. Potential investors who are interested in the results of
their most recent drilling program will have access to new information soon.
Said Ducharme, “We are updating the resource estimate by including our 2012
drilling. We are working on that right now and should have an update in the
next few months.”
For investors who are looking for a new way to invest in gold, NioGold may
offer an option worth additional evaluation. Ducharme believes that NioGold
offers specific reasons why investors should take a second look. On why

5. investors should investigate NioGold Mining, Ducharme said, “One reason is
that we are in the mining friendly jurisdiction of Val d’Or.”
Additional reasons include deposit size and location. Remarked Ducharme,
“You won’t find many deposits with resources above the million ounces mark at
five minutes from the Abitibi highway like we have. There are only three.
IAMGOLD’s Westwood project, Aurizon’s Joanna and ours. We are fifteen
minutes from Val d’Or. We are also surrounded by mills among which a few are
not running at full capacity. It is a very nice place to have a project.”
With an extensive resource and a focus on expanding the project, NioGold is
working toward creating investor value. Located in the historic area of Val d’Or
in the Abitibi Greenstone Belt of Canada, the Marban Block project offers a
good deal of potential, excellent location and a mining friendly community
surrounding the area. For investors who are interested in a gold play in
Canada, NioGold should be an excellent option worth further investigation.
Disclosure

6. The Alper family has stock in NioGold Mining.
http://www.niogold.com/
NioGold Mining Corporation
Investor Relations
Dale Paruk, Vice President Corporate Development
T: +1.604.662.4505
TF: +1.877.642.6200
E: dparuk@niogold.com
W: www.niogold.com