Niogold Mining Corp. (fka NOXGF)

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Midas Research: NioGold Mining Corp. (TSX.V:NOX)

October 28, 2010

NioGold’s $20 Million Joint Venture with Aurizon is a Game Changer

Primary Value Drivers:

50,000 meter drill program now underway on NioGold’s 100% owned Marban project by Aurizon Mines, who is earning a 50% interest in exchange for a CA$20 million investment in drilling plus a cash payment for ½ the gold resources estimated at CA$20+ million ;
Advanced exploration targets on past producing projects in historically prolific Malartic-Val d'Or Mining Camps;
Quebec is the world’s number 1 mining jurisdiction as rated by the Fraser Institute of Canada;
Fully funded CA$20 million deposit delineation and exploration campaign without share dilution;
Partnership with Aurizon will fast-track identification of additional resources and potentially reserves for a future mine.
Aggressive exploration of remaining 90% of property package and continuing land acquisition provide significant upside potential through new discovery.
For a full report on Niogold Mining click below

http://www.midasletter.com/subscribers/MidasLetter_Premium_NOX_101026.pdf