Northern Sphere Mining Corp. Announces Joint Venture on Scadding Gold Property

TORONTO, ON / ACCESSWIRE / May 2, 2016 / Northern Sphere Mining Corp. (CSE:NSM) ("Northern Sphere" or the "Company") is pleased to announce it has entered into a joint venture agreement with Trueclaim Exploration Inc. ("Trueclaim") (TSX-V:TRM) for a joint venture project on Trueclaim's Scadding Gold Property (the "Property").

Under the terms of the agreement, Northern Sphere has earned an 80% interest in the Property and has paid Trueclaim $75,000. Northern Sphere has the right to earn up to a 90% interest in the Property by developing the Property into gold production. Northern Sphere may purchase the remaining 10% interest for a purchase price of $2,000,000.

The Company is working with Trueclaim's mining team to create a plan to develop the Property to gold production.

The mine on the Property was last in operation in the late 1980's and produced approximately 30,000 ounces of gold from 140,000 tons of ore at a head grade of 7.2 grams/ton. The mine has an adit in place, power to site and a mine closure plan on the existing tailings.

The Company is focused on the development of mining assets, with an emphasis on near term production opportunities. Management believes that the joint venture and the Property are aligned with the Company's objectives.

The Company seeks safe harbour.

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets, with an emphasis on near term production opportunities. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: Northern Sphere Mining Corp.