MDN Expands Into Eritrea.

Business Editors

MONTREAL--(BUSINESS WIRE)--Nov. 24, 2003

NORTHERN MINING Explorations Ltd. (Explorations MINIERES du NORD or "MDN") is pleased to announce a major strategic action in East Africa. MDN is in the process of acquiring, subject to due diligence, a 75% common share interest in Eritrean Minerals Corporation ("EMC"), an Eritrean corporation holding mineral rights in the State of Eritrea, from Adulis Resources Inc., an Alberta corporation, which is refocusing its operations as an oil and gas explorer.

EMC holds 100% of four exploration targets in Eritrea, comprising:

The Harab Suit exploration licenses, covering an area of approximately 420 km2 (160 square miles) located in the north west of Eritrea, within mixed sedimentary, volcanic and mafic-ultramafic intrusive terrain. The property encompasses an abundance of shear zones, and includes the abandoned Harab Suit gold mine developed in the late 1930's during the Italian colonial period. This mine was developed on a large ridge underlain by outcropping sheared and altered quartz porphyry diorite, containing pervasive quartz veining and pyrite-chalcopyrite disseminations.

The main shear zone of interest outcrops for a strike distance of 900 m and has an apparent width of 35 to 110 m. Geologic mapping indicates that this shear extends further south for at least nine kilometres and that it contains gold mineralisation along its length. Limited diamond drilling in 2000 investigated the continuity of the shear zone in the subsurface. One drill hole encountered a 62 m thick mineralized intersection containing four zones of significant gold mineralisation (including 6.0 m at 3.50 g/t and 5.35 m at 3.89 g/t) within an envelope of low gold mineralisation.

At the Harab Suit Centre area, some 5 km to the south, the structure is exposed for over 500 m and has an apparent width of 75 m. Grab sampling of the old Italian trenches indicated the presence of gold mineralisation up to 3.7 g/t. Prospecting at the Harab Suit South area, approximately 3 km further south, indicated the presence of individual metre-scale quartz veins which returned values up to 19 g/t within the southern extension of the Harab Suit shear structure.

To date, a total of eleven new sites have been identified in the area that returned significant gold values. It is intended that the Harab Suit property receive additional geologic mapping and prospecting to follow-up the new discoveries made during the 2000 program in order to define additional drill targets meriting testing in a subsequent program.

The Seroa and Seroa Hill contiguous exploration licenses are located to the north west of the Eritrean capital Asmara and cover together some 192 km2 (74 square miles). They are situated along the major NNW striking Anseba River fault structure . Within the licenses there are a number of areas of intense hydrothermal alteration, breccia formation and quartz veining. These properties contain at least five areas of previous mining carried out during the Italian colonial period. Two main areas of interest include the four known Seroa mine gold workings as well as the Enjahai gold-polymetallic occurrence.

The Seroa mine sites were developed to exploit a series of flat or shallow-dipping quartz veins within sheared and fractured diorite intrusive.

The Enjahai target in the Seroa Hill license area has been developed to explore a steeply dipping zone of gold-base metal mineralisation in an outcropping, very large quartz "blow" within a very complex geologic setting. Grab sampling by EMC geologists from a small adit has returned gold values of 37 g/t gold, 10% copper and 12% zinc. The likelihood of additional similar zones is considered to be high. It is intended to drill test this zone for continuity in the sub-surface as well as to explore for additional zones within the main mass of the quartz blow.

One of the former Italian exploration sites has been relocated and found to consist of two intersecting shear structures hosting quartz mineralisation within a diorite host. Detailed grab sampling indicates that both structures contain gold and that the best mineralisation (20 g/t) was returned from the SE striking structure, which was not trenched by the Italians. This indicates that there is potential for additional mineralisation and that the area merits additional more detailed geologic mapping, prospecting and sampling.

The Matite licenses cover 482 km2 (186 square miles) in the north of Eritrea and are underlain by a sequence of felsic volcanic tuffs within Proterozoic Nacfa Terrain. The area is characterized by a major NNW sriking fault zone related to Red Sea rifting and exhibits large areas of hydrothermal alteration. The area has no history of previous significant exploration or mining. The main gold occurrence of interest is the Wina Breccia discovered by EMC, which consists of a small 6x9 m outcrop of very high grade quartz-carbonate-base metal mineralisation within a mafic to intermediate composition dyke at the contact with host silicified felsic volcanic tuffs. Sampling carried out in 1998 confirmed the very high-grade nature of the mineralisation with values up to 78 g/t over 2 metres and even higher grab samples. It is intended to further investigate this occurrence, initially with blasting and core drilling.

The technical information presented above is essentially compiled from a report by geologist Robin Chisholm of Taiga Consultants, who hereby acts as the Qualified Person under the National Instrument 43-101.

Carlos Bertoni, MDN's CEO stated: "This strategic expansion in East Africa was based on our evaluation of Eritrea's excellent geological potential and its immature stage of exploration development. Eritrea has remained barely explored and one can still identify historic and very significant gold mineralisation with limited exploration. We see Eritrea today as Tanzania in 1997, when MDN decided to invest in East Africa. At the moment we are poised to make a production decision at Tulawaka, but we believe the company has to keep looking forward and identify new opportunities in East Africa. EMC brings a wealth of experience, insight and expertise in Eritrea, allowing an efficient entry in the country. Its properties, including a former gold producer, appear to have excellent potential and constitute a key addition to MDN's portfolio, creating new opportunities for the company".

The present acquisition of EMC and its mining assets in Eritrea is subject to the approval of regulatory authorities.

MDN is a Montreal-based Canadian exploration company with a 30% interest in the Tulawaka gold project, a majority interest in 17 adjacent properties in Tanzania, and other gold and base metal exploration interests in Quebec, Canada.