VANCOUVER, March 7 /PRNewswire-FirstCall/ - Northgate Minerals
Corporation (TSX: NGX, AMEX: NXG) confirmed today that the Federal and
Provincial Ministries of Environment have announced their decision to
accept the recommendation report from the Joint Federal/Provincial Review
Panel for the Kemess North project, in which the Panel recommended that the
project not be allowed to proceed in its present form. The Ministers'
decision will have no effect on Northgate's financial performance in 2008
as the company wrote off the full carrying value of its investment in the
Kemess North project in the third quarter of 2007 after the Panel submitted
its recommendation report on September 17, 2007.
Details of the final decision on the Kemess North project can be found
on the following websites, including the Environmental Ministers' news
release issued on March 7, 2008.
Canadian Environmental Assessment Agency:
http://www.ceaa-acee.gc.ca/050/viewe... BC Environmental Assessment Office:
http://www.eao.gov.bc.ca/epic/output... NORTHGATE MINERALS CORPORATION is a mid-tier gold and copper producer
with mining operations, development projects and exploration properties in
Canada and Australia. The company is forecasting over 400,000 ounces of
unhedged gold production in 2008 and is targeting steady production growth
through further acquisition opportunities in stable mining jurisdictions
around the world. Northgate is listed on the Toronto Stock Exchange under
the symbol NGX and on the American Stock Exchange under the symbol NXG.