Northland streamlines its management structure ahead of production start-up in Kaunisvaara

Mittwoch, 07. März 2012 14:41
 Luxembourg, March 7, 2012 - Northland Resources S.A. (TSX: NAU, OSE: NAUR,
Frankfurt: NPK - "Northland" or "the company") has decided to change its
management organization by appointing a Chief Operating Officer.

Northland has created a new position of Chief Operating Officer, with
responsibility for both the Kaunisvaara project and the operational organization
of the Kaunisvaara Mine area. Duties will include completing the transition of
the company from development to mining production, implementing the Pellivuoma
project and securing logistics solutions for the transport of the iron ore
concentrate from Kaunisvaara to Narvik for onward transportation to end-

"With less than a year to go before production is scheduled to commence, this is
the right time to prepare the company for the production start-up," says Karl-
Axel Waplan, President and CEO of Northland. An important step is the change we
are implementing in the management organization to ensure the optimum success of
this transition to production."

Peter Pernlöf, the current Vice President - Procurement and Energy, has been
appointed to the position of COO. Pernlöf will continue to also be responsible
for Northland's procurement activities and energy issues.

"Peter Pernlöf's competence and unique experience of industrial operations make
him the natural choice as we now consolidate and streamline our management
structure," Karl-Axel Waplan continues. "In recent months, we have made several
key appointments within the Kaunisvaara project. Among those who will ensure
that mining operations commence as planned are Jan Rutqvist, Kjell Johansson,
Glenn Nilsson, Hans Andersson and Egil Östlund, all of whom have extensive
experience from the mining industry in Sweden and internationally."

Peter Pernlöf has considerable senior management experience within the industry.
Before he joined Northland in 2010, Mr. Pernlöf was the President of BasEL AB.
Prior to that, he was head of purchasing within the Boliden Group for more than
ten years.

Northlands Vice President - Projects, Shane Williams has announced that he will
be leaving the company to take on a new high level position with a global mining
company. He will be working with project management in the Canadian iron ore

"We wish Shane all the best and thank him for his tremendous contribution during
his time at Northland," says Karl-Axel Waplan.

"Karl-Axel Waplan"
President & CEO, Northland Resources S.A.

For further information, please contact:
Karl-Axel Waplan, President and CEO: +46 705 104 239
Peder Zetterberg, Acting CFO, +46 708 652 120
Anders Antonsson, Vice President - Investor Relations: +46 709 994 970
Marguerite Manshreck-Head, Investors Relations, Canada: +1 647 224 7882

Or visit our website:

Northland is a development-stage mining company with a portfolio of iron ore
projects in northern Sweden and Finland. The Company's Kaunisvaara Project will
exploit two magnetite iron ore deposits in Sweden. The process is expected to
yield a high-grade, high-quality magnetite iron concentrate. The construction of
the Kaunisvaara project is underway and production is planned to start in the
fourth quarter of 2012. Northland has entered into industrial off-take contracts
for the entire production from Kaunisvaara. The Company is also preparing a
Definitive Feasibility Study for its Hannukainen Iron Oxide Copper Gold Project
in Kolari, northern Finland. The results of the study are expected to be
released towards the end of the first quarter of 2012.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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Source: Northland Resources S.A. via Thomson Reuters ONE

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