Northern Continental reports exploration results at Russell Lake

Northern Continental Resources Inc. (Northern Continental) announced preliminary results from an exploration program of diamond drilling and geophysical surveying at the Russell Lake Uranium Project, located in the Athabasca Basin of northern Saskatchewan, Canada.

Russell Lake is a joint venture between Northern Continental and Hathor Exploration Ltd. (Hathor), in which Northern Continental holds a 60% interest and Hathor holds a 40% interest.

Northern Continental is currently the operator of the Project. Russell Lake lies within the Key Lake-MacArthur River corridor, one of the most prolific uranium mining districts in the world.

Highlights of the 2008 Winter Exploration Program:

Sixteen drill holes totalling 7,610.7 metres were completed on the Fox Lake Trail, Taylor Bay, Blue Steel, Grayling Zone and Grayling East target areas;

Anomalous uranium mineralisation was encountered in two of the target areas, which has greatly advanced the current exploration focus.

A grade calculation from gamma probe data for Fox Lake Trail hole FLT-08-05 returned a U3O8 equivalent value of 0.157% U3O8 over 0.20 metres, and Taylor Bay hole TB-08-05 encountered a interval of anomalous mineralisation grading 0.062% U3O8 over 0.22 metres.

Several other holes intersected anomalous alteration, structures and basement geology considered favourable for uranium mineralisation;

Extensive ground geophysical programs were carried out to locate and define future drilling targets.

Geochemical analyses from drill core samples are still being received, compiled and interpreted.