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NioGold Mining Corp.

TICKER: TSX-V:NOX;OTC:NOXGF.pk

DESCRIPTION: NioGold Mining Corporation is a gold exploration company with large land holdings located in the heart of Northern Quebec's most prominent gold mining region and adjacent to 8 producing mines. Aggressive drilling programs conducted over the last three years have defined NI 43-101 compliant indicated and inferred resources of 342,000 ounces of gold.
WEBSITE: http://www.niogold.com/
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The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates.

"In your editor's view, NioGold has the potential to continue building its gold resource into the multi-million ounce range given following factors:

Gold mineralization along the major faults zones in Quebec and Ontario extend to great depths. So far, most of the resources have been calculated to a depth of 200 meters with the deepest holes going to 630 meters, which is still very shallow compared to the depth from which gold has been mined in these systems.
There are many zones on surface that have yet to be tested. Most notable in that regard is the area between the Marban Mine and the Malartic Mine to the North.
Other Quebec Projects in the Area not show on the map also have great exploration potential and can be focused on later after the company brings its Malartic area property up to an optimum level where its economics come into focus.

With 64 million shares outstanding and a price of C$0.33, this company has a market cap of only about C$21 million and nearly 1 million ounces of gold in the ground. Those ounces can rise dramatically with an aggressive drill program being planned over the next year or so. We can't generally view a 'C' progress company with the same level of comfort we usually assign to a producer or a company that has established solid economic potential. But, given its low market cap, likely ability to grow its resources substantially in an area that arguably has the most pro-mining government in the world and that has all the infrastructure required for mining, we think NioGold offers speculative investors great upside potential from its ongoing exploration efforts, assuming as we do that the gold bull market will remain in place for at least several more years."
- J.Taylor's Energy & Energy Tech Stocks (01/30/10)

"This company remains among our favorites on our junior exploration company list.

. . .The company's near-term objective is to outline resources of over 1M ounces of gold through the generation of new geological concept models, focused exploration and definition drilling. The exploration programs are managed by an experienced and highly qualified technical team, who meticulously supervise every aspect of day-to-day operations. In addition, Quebec supports the mining industry by maintaining a stimulating mining tax system. From the Quebec Government, the company receives, in some cases, up to 38% in tax credits for work performed in the field, allowing the company to use tax credits for refinancing with no dilution to the share structure. The projects are located in proximity to the full-service mining towns of Val-d'Or and Malartic with access to gold milling facilities, a provincial highway, railroad, power lines, telecommunication systems and experienced labor force, which facilitates cost-effective exploration and development."
- Trader Tracks (01/29/10)

"NioGold Mining Corporation is another we've talked about and they've, again, done quite well. A new and updated 43-101 was due out at the very end of last year, but with Christmas and other holidays in the middle I guess the engineers took a little more time than anticipated. But we should see it in beginning this year, probably end of this month or the beginning of next. The company has between $3.5 and $4 million in the bank right now, so they're well funded, the 43-101 should be a game changer for NioGold as it should give them a new base valuation of 60 to 65 cent a share price tag on the company just based on the assets. So looking at it from 30 cents here, again, is very nice and that's imminent. I've certainly been keeping close tabs on NioGold."
- The Gold Report Interview with Victor Gonçalves (01/29/10)

"We just received word the gold resources for NioGold's Malartic Quebec Project have increased significantly—a 730% increase. . .We recommend buying the shares at the market and holding them with no stops for now. We have three pages on a NioGold report in our letter coming out this Friday evening. It appears this one keeps getting better and better. We very much love Quebec miners."
- Trader Tracks (01/28/10)

"This company has one of the most extensive gold exploration prospects in the best place to mine in the world—namely, Quebec. At present the NioGold has a resource of 342,000 ounces of gold but we are anticipating that an updated calculation should take NioGold's 43-101 total gold resource up into the 700,000- to 800,000-ounce range. The company will be spending between $3 million and $5 million in 2010 to explore its massive prospects. For the longer term, we love this stock at its current price. But we may like it a lot more if a general market decline takes it down from current levels. If you are looking for an exciting gold exploration stock for the long haul bull market in gold, in a geologically proven environment, in the best political environment in the world for mining, and with virtually no infrastructure concerns, NioGold is an outstanding choice."
- J.Taylor's Energy & Energy Tech Stocks (01/22/10)

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