Copper Futures (COPPER)

[NYBob]

NGX/NXG Kemess South Mine, B.C., Canada -

During the quarter,
Kemess posted gold and copper production of 34,922 ounces
and 11.9 million pounds, respectively, which was in line
with Northgate's production forecast.

The net cash cost of production was $395 per ounce of gold,
which was significantly lower than the $597 per ounce
reported in the corresponding quarter of 2008.

For the full year 2009,
Kemess is forecast to produce 172,000 ounces of gold
and 51.8 million pounds of copper
at a net cash cost of $403 per ounce.

While gold and copper production is in line with guidance,
the net cash cost is forecast to be significantly lower,
as a result of higher copper prices.

During the third quarter of 2009,
approximately 8.3 million tonnes of ore and waste were
removed from the open pit compared to 5.9 million tonnes
during the corresponding quarter of 2008.

The higher tonnes moved in the most recent quarter resulted
in significantly lower unit mining costs of
Cdn$1.25 per tonne moved compared with
Cdn$1.99 per tonne moved in the same period last year.

Gold and copper recoveries in the third quarter were higher
at 63% and 79%, respectively,
compared with 60% and 69% reported
in the third quarter of last year.

Recoveries in the most recent quarter are dramatically higher
due to improvements in the metallurgical process made earlier
in the year, which have made the flotation circuit more
efficient in processing lower grade ore with higher
sulphide content.

These improvements are noteworthy, as they will continue
to have a positive impact on the profitability of
the lower grade ore, which currently makes up
the remaining reserves at Kemess.

2009 Production Forecast

Northgate's production forecast is set to achieve an annual
record of 365,000 ounces of gold
at a net cash cost of $493 per ounce,
which has been revised slightly downwards form
the previous forecast of 382,500 ounces.

The annual production forecast for Kemess is in line with
initial estimates, however, the production forecasts
for Stawell and Fosterville have been reduced
as previously discussed.

Cash costs for the balance of 2009 are expected to be
slightly higher as a result of the stronger Canadian
and Australian dollar relative to the US dollar
and declining ore reserves at Kemess.

Northgate's production forecast for the balance of 2009
is outlined in the following table:

http://www.northgateminerals.com/NewsReleases/NewsReleaseDetails/2009/NorthgateReportsThirdQuarterCashFlowof505million1121187/default.aspx