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Monday, 03/20/2006 3:24:36 PM

Monday, March 20, 2006 3:24:36 PM

Post# of 85




Fourth Quarter Highlights

- Production of 94,405 ounces of gold and
24.7 million pounds of copper.

- The net cash cost of gold production
at the Kemess mine was a record low of $59 per ounce,
lowering year to date cash cost to $205 per ounce.

- Record quarterly cash flow from operations
before working capital and other items
of $41.9 million and record quarterly earnings
of $37.9 million.


- Completed the acquisition of
Young-Davidson Mines Limited,
acquiring 1.5 million ounces of gold resources
within a prospective land package located
in the prolific Kirkland-Larder Lake Gold Belt
of northeastern Ontario.

- On February 15, 2006, Northgate repaid the remaining
principal on its syndicated credit facility.

http://biz.yahoo.com/bw/060223/20060223006094.html?.v=1

http://www.northgateminerals.com/fast_facts/fast_facts.html


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