Left to Right Michael A. Iverson Chairman & CEO, Dale Paruk VP Corporate Development, Rock LeFrançois P. Geol., President & COO at Cambridge House World Investment Conference in Vancouver June 2010

Although some investors prefer riskier investments to have the opportunity to get sky-high paybacks, many investors feel that the most profitable opportunities are those where the risk is well-managed and the payback potential is clearly laid out.

NioGold Mining Corporation (TSX-V: NOX) falls into the latter category. It's an interesting gold play in Quebec, headed up by skilled industry veterans, and it is following a compelling and well-planned path toward success.

We spoke to NioGold's President and COO Rock Lefrançois, a Professional Geologist with over 20 years of base and precious metal experience and with a unique familiarity of the Val d'Or area where one of NioGold's key operations are location.

Because we are very impressed with the potential of NioGold, the Alper family has purchased shares of stock.

We started by talking to Mr. Lefrançois about his background and how his role has expanded with the increased success of the company. He told us: "I joined the company in April 2005 as the Vice-President of Exploration. At that time, NioGold had acquired its first claim in the Malartic gold camp in the Abitibi region of Quebec. The company had some good land so I came in as VP to start building on that position and growing it. Between 2005 to mid-2007, we consolidated most of the land position we held – about 116 square kilometers – and we raised some money so we could do some intensive drilling on our land holdings." As their company grew, so did Mr. Lefrançois' role and today he is the President and COO, overseeing operations at their two projects in Quebec.

Consolidation has been an important part of NioGold's success. Bringing together three potentially separate operations, helps to keep costs down and efficiencies up. "We had acquired 3 properties that had past production from three separate projects. Most of the mining was done in the 1960's and the late 1980's. Together, those three mines had produced about 600,000 ounces of gold from underground mining." Bringing these mines together made sense for the company and it allowed them to move forward with the next step in their exploration. Mr. Lefrançois explained: "Our due diligence has shown that there were some historic resources so we started doing some drilling around 2007, we came up with our first resource estimate, and then did some more drilling. In total we've done about 45,000 metres of drilling between 2007 and 2009. We did all this drilling to verify the historic resources and to expand them."

All that preliminary work of consolidating and drilling is paying off with good news. "In 2010 we produced our second resource which revealed 598,000 ounces in the Indicated category plus another 361,000 ounces in the Inferred category… in and around the old mines."

So far so good. They've done all the right things and have brought their project to the point where they can push forward and start to do some exciting things with it. So, what's next for them? "We've got some resources on the ground. Now we need some significant capital to expand these and get this into development. The markets have been very shaky and finances are not that easy to get. So we decided to bring a senior partner into the project. We signed a deal with Aurizon Mines Ltd. (TSX: ARZ) where they can acquire up to 65% interest in the Marban Block property where the resources are in the next 3 years."

It's a good move for NioGold, explained Mr. Lefrançois: "This deal brings the capital and the technical expertise so we can get this into production in the next 3 years." However, it's just the beginning. "This represents only 10% of our land package," said Mr. Lefrançois, "and we started exploration [in other areas of the land package] in September of last year and our goal is to find the next deposit."

Investors will find NioGold to be an interesting opportunity for a number of reasons. Mr. Lefrançois highlighted a few for us. "Number one, it's gold. Everybody knows how the markets are right now and we believe gold is going to go to higher levels due to the Western markets and currency being very weak. There's a big upside in gold prices." Indeed, as economic uncertainty continues, people will seek out safer investments, such as gold, which will help to drive up the price.

"Number two is the area. We're in the second largest gold-producing areas in North America. 170 million ounces have been pulled out of the Abitibi [gold belt]. And, right in the middle of the Abitibi gold belt is the Malartic region and we're right in the middle of that region. That region has seen a lot of action. One of our neighbors has over 9 million ounces of open pittable reserves that they are putting into production in 2011. We're surrounded by mines and the area is very rich in gold. So we've got a large area right in the middle of all this and it not only has resources but it has not been systematically drilled out yet."

Going forward, their work is clear: "Our first goal is to increase the resources on the Marban Block with Aurizon. And our second goal is to continue exploration drilling on the rest of the package."

NioGold is a solid company with a good story and a clear direction. It's one of those companies that are well-run and smart – qualities that go a long way to reducing risk and increasing opportunity for investors.

Reference and Information:

http://niogold.com/

NioGold Mining Corporation

Corporate Office

NioGold Mining Corporation

24549 53rd Avenue

Langley, British Columbia

V2Z 1H6

Toll Free: 1.877.642.6200

Tel: +1.604.856.9887

Fax: +1.604.856.9479

Exploration Headquarters

NioGold Mining Corporation

847 – 5th Avenue

Val-d’Or, Quebec

J9P 1C1

Tel: +1.819.825.7400

Fax: +1.819.825.2774

Media Contact

DALE PARUK

Vice President

Corporate Development

Tel: +1.604.662.4505

dparuk@niogold.com