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Northern Iron Corp Edges Lower on Karas Property Update

Northern Iron Corp. (NFE.V) has edged lower after today releasing assay results for the first three drill holes on the Karas property.

To date, 15 drill holes have been completed of the planned 30 drill holes (approximately 10,000 metre program) on Northern Iron's 100% owned Karas property located 15km northeast of the town of Ear Falls, Red Lake mining district, Ontario, it said. The 10,000 metre drill program is being completed to define a mineral resource on the property by the end of 2011, it added.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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