North Atlantic Resources Ltd. (TSX VENTURE:NAC) (the "Company" or "North
Atlantic") is pleased to report that its wholly-owned subsidiary company in the
Republic of Mali, North Atlantic Resources SARL, has completed the Convention
d'Etablissement ("convention" or "permit") for a new 100% owned, convention
called Lankafla. The convention makes provision for exploration expenditures of
a total of approximately $1,075,000 to be made by North Atlantic over the first
three years of exploration ($141,000 in year one, $344,000 in year two and
$590,000 in year three). The Lankafla permit covers an area of 24 square
kilometres. Lankafla, combined with the Company's existing Tintinba permit (also
24 square kilometres), represents the area previously covered by the Company's
original Kantela permit which was optioned by North Atlantic in January 2003.
This new permit forms a key part of the Company's strategy to explore and expand
its gold discoveries along strike of the 17 million ounce Sadiola Hill Mine
("Sadiola"). Lankafla is contiguous to the southern boundary of the Sadiola Mine
and is situated 10 kilometres southeast of the Sadiola Hill Mine main open pit.


North Atlantic will commence a combined air core ("AC") and reverse circulation
("RC") drill program of up to 10,000 metres in Q1 or Q2, 2011. North Atlantic is
fully funded for this program and will mobilize a drill rig to the property as
soon as possible.


There are three gold occurrences within the Lankafla permit. The gold
occurrences are known as Zones 1, 2, and 3. Zones 2 & 3 are related to northeast
trending quartz veins or quartz breccia bodies within silicified argillite and
graphitic argillite. Zone 2 is contained in the margin of a silicified granitoid
intrusion which has a diameter of approximately two kilometres and is the most
advanced gold occurrence at Lankafla. It has been evaluated over a strike length
of 250 metres and has a maximum width of 50 metres.


Scott Waldie, President and CEO of North Atlantic said, "Zone 2 is open along
strike and down dip. We believe that with increased drill density and proximal
exploration to Zone 2 there is significant potential to increase grade and
tonnage. In addition to Zone 2, Lankafla has numerous other untested targets
that require drill testing. With the start of the first comprehensive
exploration program at Lankafla since 2004, we are very excited at the potential
for resource expansion and new gold discoveries".


Lankafla is located along the Sadiola mine trend which includes the Yatela and
Sadiola Hill ore bodies and the Fe3 and Fe4 satellite pits (AngloGold Ashanti,
Iamgold, and SEMOS). At Sadiola the mineralized zones of Fe3 and Fe4 straddle
the contact between marbles to the west and carbon-rich pelites to the east,
following a north-west trend in the Fe3 pits and a north-east strike in Fe4 pit.
Gold mineralisation is mostly associated with lens-shaped breccia zones running
broadly parallel to the enclosing metasediments (from; AngloGold Ashanti Annual
Report, 2009). The Fe3 and Fe4 pits have produced over one million ounces for
Sadiola and are located within one kilometre of the Lankafla permit boundary.
The lithology described at Fe3 and Fe4 is interpreted to strike onto the
Lankafla property and is mineralogically similar to Lankafla gold discoveries at
Zones 2 and 3.


There has been little exploration on the Lankafla property since 2004. In total
there is an historical data base of drilling completed by the Company in 2003 to
2005 of: 6,003 metres of AC drilling in 128 holes, 10,355 metres of RC drilling
in 113 holes, and 1,729 metres of diamond drilling in 8 holes. In addition to
the drill data the Company has completed extensive geochemical and geophysical
surveys that will be used to plan new exploration. Please see press releases
dated: July 29 and December 17, 2003, and January 7, May 3, June 8, July 6,
2004, and March 4, 2005 for detailed descriptions of drill results from previous
programs. These press releases are available on the Company's website at
www.nac-tsx.com.


About The Company 

The Company is a mineral exploration and development company focused on
exploring for gold in the Republic of Mali, West Africa. Our four main projects
are the FT, Kantela, Diokeba, and Dalakan Projects. In recent years, we have
made significant gold discoveries on the FT Project located in Southern Mali,
and the Lankafla Project located in Western Mali.


North Atlantic has 58,826,124 common shares issued and outstanding (82,568,018
shares on a fully diluted basis). Please visit our website www.nac-tsx.com to
for more information about our projects.


Qualified Person 

This news release has been reviewed and verified by H. Andrew Daniels, P. Geo, a
Qualified Person as defined by National Instrument 43-101. Mr. Daniels has over
25 years of mineral exploration and mining experience, is a Licensed
Professional Geologist in the Province of Ontario and a member in good standing.


This news release may contain forward-looking statements that are based North
Atlantic Resources Ltd.'s expectations, estimates and projections regarding its
business and the economic environment in which it operates. These statements are
not guarantees of future performance and involve risks and uncertainties that
are difficult to control or predict. Therefore, actual outcomes and results may
differ materially from those expressed in these forward-looking statements and
readers should not place undue reliance on such statements. Statements speak
only as of the date on which they are made, and the Company undertakes no
obligation to update them publicly to reflect new information or the occurrence
of future events or circumstances, unless otherwise required to do so by law.


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