Northern Sphere Mining Corp. announced it has entered into a gold processing agreement with New Ruby Mining Corp. pursuant to which the company has agreed to process up to 100 tons per day of high grade gold mineralized material from New Ruby's Houdon/Ellison gold property, located 80 miles north of NSM's Globe Arizona production facility. The processing by NSM will consist of crushing, grinding, screening, gravity concentration and pouring of gold dore bars. New Ruby has agreed to deliver the gold mineralized material to the NSM production facility in batches. The Company will store the mineralized material until sufficient tonnage is received for a production run. Tailings will be returned to the Property as backhaul loads as milling is completed. Gold dore bars will be sold by NSM directly to the refinery. NSM will provide all of the management and accounting support in connection with these arrangements, including the collection of payment for the sale of gold dore bars. Following receipt of payment on the sale of gold dore bars, NSM will make payment to New Ruby for the gold mineralized material based on a 50/50 net profit share arrangement.