News Release: March 17, 2009

NEMI REPORTS ON BELCOURT PROPERTY

Vancouver, B.C. March 17, 2009 – NEMI Northern Energy & Mining Inc (“Company” or “NEMI”)(TSX NNE-A) announces filing of a technical report regarding the Belcourt coal property. The report entitled “Technical Report Belcourt Project” and dated March 2nd , 2009 can be found in the Company’s filings on SEDAR (www.sedar.com). Highlights of the report include:

  • 86 million tonnes of Proven Reserves of metallurgical coal in two deposits, Belcourt North and Belcourt South.
  • 167 million tonnes of Measured (including 2 million tonnes thermal) and 4 million tonnes of Indicated Resources among the two deposits
  • Potential production of 4 million tonnes per year of saleable clean coal
  • 15 years of production from defined reserves on the property

Sandwell Engineering Inc. prepared a feasibility study that is the basis of the Technical Report. Numerous consultant specialists as outlined in the Technical Report contributed to the study. Qualified Persons who are authors of the Technical Report include:

  • Geology & Resources - John H. Perry, P. Geo (internal), and Robert J. Morris, P. Geo, Principal of Moose Mountain Member Corp., (independent);
  • Reserves - Jay Q.L. Horton, P. Eng., Senior Mining Engineer with Norwest Corporation (independent).

The Belcourt Property is held by the Belcourt-Saxon Coal Limited Partnership (“BSCLP”), in which the Peace River Coal Limited Partnership has a 50% interest. The Company has a 12% interest in the Peace River Coal Limited Partnership. BSCLP has the Belcourt, Belcourt West, Omega and Saxon coal properties located approximately 65 to 125 kilometres south of Tumbler Ridge, BC.   

NEMI alone, and no other party (including any parties which have an interest in the project), is responsible for the contents of this news release This has been reviewed and approved by the Qualified Persons of the technical report, as cited therein.

NEMI Northern Energy & Mining Inc.

P. C. DEVLIN, President

Cautionary Statement Regarding Forward-Looking Information

NEMI IS SOLELY AND ENTIRELY RESPONSIBLE FOR THE CONTENTS OF THIS NEWS RELEASE. All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forwardlooking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.