2009 News

NIOGOLD ACQUIRES 21 CLAIMS IN VAL-D'OR AND NEGOTIATES EXTENSION FOR 18 CLAIMS IN MALARTIC

June 08, 2009

Val-d'Or, Quebec - Niogold Mining Corporation (TSX-V:NOX) (Frankfurt:NG1) (NioGold) is pleased to announce that it has signed an agreement to acquire a 100% interest in 21 mineral claims, located in the Val-d'Or area of Quebec, from Pierre-André Bigué. Consideration for the claims consists of $30,000 cash, 200,000 common shares and a 2% net smelter returns royalty.

Further to its news release of October 1, 2008, NioGold is also pleased to announce that it has negotiated an extension of its option to acquire up to an 80% interest in 18 mineral claims, located in the Malartic Township of Quebec, from Breakwater Resources Ltd. and Atlanta Gold Inc. Under the amendment, NioGold’s obligation to incur $1.2 million in exploration expenditures on the claims has been extended one year, to September 1, 2010. Consideration for the extension consists of an aggregate of 201,005 common shares to be issued between Breakwater and Atlanta Gold.

Both the acquisition of the Val-d’Or claims from Bigué and the terms for the extension of the option to acquire the Malartic claims from Breakwater and Atlanta are subject to TSXV approval. Upon issuance, the shares will be subject to a four month hold period.

NioGold Mining Corporation – « The Golden Highway Runs Through NioGold »

NioGold Mining Corporation is a junior exploration company primarily focused on GOLD. The Company's flagship projects are located in the Malartic and Val-d'Or gold mining camps, Abitibi region of Quebec. The camps have produced over 27 million ounces of gold and presently encompass several active advanced exploration and mine development projects such as Canadian Malartic (Osisko Exploration), Goldex (Agnico-Eagle), Kiena (Wesdome), Lac Herbin (Alexis Minerals) and Midway (Northern Star Mining). The Marban Block property encompasses three former gold producers, namely the Norlartic, Kierens (First Canadian), and Marban mines that collectively produced over 590,000 ounces of gold.

NioGold's experienced and qualified technical team will ensure the successful advancement of the Company's projects towards the highest quality mineral resources. NioGold invites you to visit the company website at www.niogold.com

This Press Release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The TSX Venture Exchange or the Frankfurt Stock Exchange did not approve nor do not accept responsibility for the adequacy or accuracy of this news release.