Northland Appoints Key Managers for Sweden and Finland
Luxembourg, December 21, 2010 Northland Resources S.A. (TSX: NAU, OSE: NAUR, Frankfurt: NPK - "Northland" or "the Company") is pleased to announce that it has appointed Mr. Peter Pernlöf to the position of Vice President - Procurement and Energy, Mr. Jukka Jokela to the position of Vice President - Finnish Operations, Mr. Göran Arlefalk to the position of Project Manager for the Kaunisvaara Project, and Mr. Willy Sundling to the position of Project Manager - Logistics for the Kaunisvaara and Hannukainen Projects.
"Northland is rapidly moving from a development company to an iron concentrate producer. These appointments strengthen our organization and allow Northland to successfully execute our projects," said Karl-Axel Waplan, President & CEO of Northland."
Mr. Pernlöf has been appointed Vice President of Procurement and Energy for the Company. He will be responsible for ensuring that all product and material purchases meet defined quality standards. He will also be responsible for the Company's energy strategy. Mr. Pernlöf has assumed the position with immediate effect. Mr. Pernlöf has held a series of executive and senior management roles within a broad range of industrial companies. He previously worked as a consultant in energy, procurement and logistics. Prior to joining Northland, he served as the Chief Executive Officer of Basel AB, a company founded in 2005, consisting of over twenty of the largest energy-consuming primary industries in Sweden, with a total consumption of about 30TWh per annum. His experience also includes more than 10 years at Boliden AB, where he served as Vice President of Procurement.
Mr. Jokela has been appointed Vice President of Finnish Operations, as well as Managing Director for Northland Mines OY. He will be responsible for establishing the Northland brand, as we now develop the Hannukainen Project and will be instrumental in all the contacts with authorities and other stakeholders. Mr. Jokela has taken on his position with immediate effect. Mr. Jokela has been with Northland for the last 2 years and served as the Managing Director of Northland Exploration Finland OY. Mr. Jokela has over 25 years of international experience in mineral exploration, geological research, and project and company management in different mining and exploration companies (Outokumpu Mining Oy, Polar Mining Oy, Store Norske Gull As, and the Geological Survey of Finland). Mr. Jokela holds an M.Sc. in Geology and Mineralogy, from the University of Turku, Finland.
We have asked Mr. Arlefalk to assume the role as the Project Manager for the Kaunisvaara Project. In this position, he will have overall responsibility for the delivery of the Kaunisvaara Project, from Basic Engineering to final hand over of the finished project to the Operations Organisation. Mr Arlefalk will assume his duties within Northland, beginning 2011. Mr. Arlefalk has long experience from project management internationally; his latest role was General Site Manager for Siemen's largest project in Russia, the power plant project in Perm. Prior to the Perm assignment, Mr. Arlefalk held the position of Deputy General Director / Site Manager for theOzernyGOK in Eastern Siberia, a joint venture between Lundin Mining AB and IFC Metropol, Moscow, with overall responsibility on site for the project and preparing the project start up, including project development and initial facilities construction. He originally comes from the Swedish Army, where he served in a multitude of Commanding positions. Amongst other assignments in the Army, he was the Commander for the Nordic Contingency in 1995, during the Balkan war.
Mr. Sundling has joined the Company as Project Manager - Logistics for the Kaunisvaara and Hannukainen Projects. Logistics is key to the overall success of both projects and Mr. Sundling has the relevant experience and expertise. Prior to this assignment, Mr. Sundling worked for four years as the General Municipality Manager for Kalix Municipality. Prior to Kalix, Mr. Sundling was the Project Manager for two of the largest investment projects in the region - the construction of the Cultural Centre in Luleå and the construction of the new secondary school in Luleå.
Northland is a development-stage mining company with a portfolio of iron projects in northern Sweden and Finland. Northland's Kaunisvaara Project contemplates the staged development of magnetite iron ore deposits that would provide feed to a single, multi-line processing facility in Sweden, producing a high-grade, high-quality magnetite iron concentrate. On December 14, 2010, the Company announced the decision of the Board to begin construction of the Kaunisvaara Project.
"Karl-Axel Waplan"
President & CEO
Northland Resources S.A.
For more information, please contact:
Northland
Karl-Axel Waplan, President and CEO: +46 705 104 239
Anders Hvide, Executive Chairman: +47 92 88 98 58
Eva Kaijser, Chief Financial Officer: +46 70 932 09 01
Marguerite Manshreck-Head, Investors Relations, Canada: + 1 647 224 7882
Or visit our website: www.northland.eu