Northern Hemisphere Development Corp. Announces Discovery Hole: 0.55% Copper Across 453.7 Feet at Kaza-Northstar Project.

VANCOUVER, British Columbia -- The Board of Directors of Northern Hemisphere Development Corp.(the "Company") (TSX VENTURE:NHD), wish to report that an interval of 0.55% copper across 453.7 feet (138.3m) was returned from drillhole NS-04-02. Included within this interval are a number of intercepts that assayed between 1%-2% copper (see table below). This interval which consisted of disseminated and fracture-controlled bornite and chalcopyrite mineralization within feldspar porphyritic andesite and underlying limestone, was returned from the second of five holes drilled on the Northstar area of the Kaza-Northstar Project located northwest of Fort St James, British Columbia, Canada. The ongoing program consists of an initial phase of ten holes, five on each of the Northstar and Kaza Project areas respectively, for a total of 6200 feet (1890-metres).

Northstar Drill results are as follows:

Interval (feet)         Length (ft)  Length (m)   % Copper
----------------------------  -----------  ----------  -----------
       167.5 - 621.2               453.7       138.3         0.55%
----------------------------  -----------  ----------  -----------
Includes:     189.5 - 274.5           85        25.9         1.17%
---------- -----------------  -----------  ----------  -----------
              211.0 - 226.0           15         4.6         2.13%
---------- -----------------  -----------  ----------  -----------
              247.5 - 262.1         14.6         4.4         2.37%
---------- -----------------  -----------  ----------  -----------
Includes:     292.8 - 340.0         47.2        14.4         0.60%
---------- -----------------  -----------  ----------  -----------
Includes:     418.4 - 505.4           87        26.5         0.52%
---------- -----------------  -----------  ----------  -----------
Includes:     550.0 - 621.2         71.2        21.7         0.91%
---------- -----------------  -----------  ----------  -----------

This 453.7-foot interval includes two short unsampled segments totaling 40.6 feet (12.4m) that have been tentatively assigned nil copper values. These segments have since been sampled with results pending, possibly resulting in a slight increase in the overall copper grade.

Additional portions of Hole NS-04-01 have been selected for sampling based on visual evidence of structural preparation and/or copper mineralization. Grade and tenor of mineralization will be calculated following receipt of results. Results from Holes NS-04-03 through NS-04-05 are pending.

Drilling will commence immediately on the Kaza area, focusing on "skarn" and replacement-style mineralization along the north-northwest trending "Main Zone", having a minimum strike length of 500m. Past drilling returned values to 1.17% copper, 14.4 g/tonne (0.46 opt) gold and 120.0 g/tonne (3.9 opt) silver across 1.2 metres. This zone is coincident with previously defined IP-resistivity and chargeability anomalies; year-2003 IP surveying results suggest significant strike extension potential.

The 2004 program will also target the east-southeast trending "Hornblendite Zone", consisting of a distinct alteration and mineralization setting identified during Northern Hemisphere's year-2003 surface program. Rock grab and composite grab sampling returned consistently very high values, including: 3.08% copper, 11.70 g/t gold and 67.0 g/t silver; 1.26% copper, 10.60 g/t gold and 24.7 g/t silver; and 1.76% copper, 6.37 g/t gold and 23.1 g/t silver. Past IP surveying revealed a coincident and pronounced chargeability anomaly. High copper-gold values obtained from earlier trenching have recently been confirmed to originate from Hornblendite Zone mineralization.

Surface exploration in 2004 led to the discovery of several chalcopyrite and bornite-bearing skarn outcrop, rubblecrop and proximal float occurrences in the interpreted intersection area of the Main Skarn and Hornblendite Zones. Results of several composite grab and grab samples of these are pending. Additional copper occurrences have also been located near drill targets along the Hornblendite Zone.

Since the beginning of the year the Company constructed and winterized a 20 person camp, re-furbished 13 km of road and installed a number of bridges and culverts to provide year-round access. The Company is preparing for a further aggressive drilling program following this initial phase.

Drill core was logged, photographed and cut in half on site. One-half of the NQ diameter core was shipped to Eco Tech Laboratory Ltd. in Kamloops, B.C. Repeat assaying was done on numerous samples to ensure accuracy of the assaying process.

This News Release was reviewed by Carl Schulze, BSc, PGeo, the Qualified Person for this Kaza Northstar Project, as required in accordance National Instrument 43-101.

On Behalf of the Board of Directors

J. Frank Callaghan

President

This News Release contains forward-looking statements regarding the timing and content of upcoming programs. Actual results may differ materially from those currently anticipated in such statements. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.