Northern Sphere Mining Corp. provided an update on its Lone Mountain Nevada Property. Located 24 kilometers west of the mining town of Tonapah, Nevada, Lone Mountain displays encouraging early polymetallic assay results. Following a review of historical reports, including a 2011 report by the Nevada Bureau of Mining and Geology, Northern Sphere has determined that the property holds significant exploration targets. Three possible ore deposit models are being scrutinized. The geologic models tabled for evaluation are: Polymetallic replacement; Porphyry molybdenum, also possible copper or copper-molybdenum; Tertiary epithermal silver-gold (north of area). Mineralization hosted on the deposits is not necessarily indicative of the mineralization that may be hosted on the company's property. Northern Sphere has contracted Goldeni Investment Intelligence to complete a NI 43-101 technical report on Lone Mountain. The 2011 report by the Nevada Bureau of Mining and Geology includes geochemical assay results (from both grab samples and over a 1 metre-wide mineralized quartz vein as disclosed under the Comments heading) that highlight the potential for a significant porphyry style deposit. Assay number T251g included 35% zinc, 363 g/t silver, and 4,200 ppm copper on a 1-meter wide vein at surface. Other assays show continuity over a significant area. The amount of cobalt, platinum, and palladium are currently unknown without further exploration, but all elements are expected to be present in some amount. The company intends to complete an exploration program that will include a review of all historic data, surface reconnaissance, mapping and sampling to confirm historic findings and direct future programs to help define the potential of these mineralized prospects and the best way to advance the property. Given its location relative to major companies, such as Newmont and Kennecott, the company believes that it can obtain the necessary data to complete a NI 43-101 technical report quickly.