2010

NORTH COUNTRY GOLD INCREASES PRIVATE PLACEMENT TO $3 MILLION FLOW-THROUGH AND UNIT FINANCING

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

June 10, 2010 Edmonton, Alberta – North Country Gold (the “Corporation”) is pleased to announce that subsequent to its news release on June 7, 2010, the Corporation and Canaccord Genuity Corp. (the “Agent”) amended their agreement relating to the proposed private placement offering (the “Offering”) to include units of the Corporation (the “Units”).  The Agent has agreed to sell on a commercially reasonable efforts private placement basis up to 3,350,000 Units at a price of $0.30 per Unit and up to 6,250,000 flow-through common shares of the Corporation (the “Flow-Through Shares”) at a price of $0.32 per Flow-Through Share, for aggregate gross proceeds of CDN$3,005,000 if the Offering is fully subscribed.

The Units will consist of one common share of the Corporation (“Common Share”) and one-half of one non-transferable Common Share purchase warrant (“Warrant”).  Each whole Warrant shall entitle the holder to acquire one additional Common Share at a purchase price of $0.40 per Common Share for a period of 24 months from the date of issuance.

The Agent will receive a cash commission on the sale of the Units and Flow-Through Shares, representing 7% of the gross proceeds raised, and non-transferable share purchase warrants (“Broker Warrants”) entitling the Agent to purchase Common Shares equal to 7% of the Flow-Through Shares and Units sold pursuant to the Offering at a price of $0.32 per Common Share within 24 months from the date of issuance.

The Corporation intends to use the net proceeds from the sale of the Flow-Through Shares (up to $2,000,000) to incur qualifying expenditures on its Committee Bay Project located in Nunavut.

Closing of the Offering is anticipated to occur on or before June 29, 2010 and is subject to receipt of applicable regulatory approvals, including approval of the TSX Venture Exchange. 

The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be offered or sold, directly or indirectly, or delivered within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or an applicable exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation to buy such securities in the United States.

About North Country Gold:

North Country Gold Corp. (TSX VENTURE:NCG) is 100% owner of the mineral rights to 557,323 acres (225,569 hectares) of land comprising 216 active mineral claims and 14 mineral leases on the gold-rich Committee Bay Greenstone Belt in Canada's Nunavut Territory. Management has identified numerous high-grade gold targets within five distinct mineral development centers on the Belt and is focusing on advancement of the Three Bluffs centre and its deposit, which is located approximately 300 kilometres northeast of the new Meadowbank Mine near Baker Lake.

Three Bluffs is a NI 43-101 compliant high-grade gold deposit, which currently hosts an indicated resource of 508,000 ounces (2,700,000 tones at 5.85 g/t Au) and an additional inferred resource of 244,000 ounces (1,270,000 tones at 5.98 g/t Au). The deposit is open to depth and there is significant potential to expand the current resource along strike. The 2010 summer drilling program will follow-up on results of the spring drilling program and continue to explore for additional mineralization proximal to the existing resource, testing for new mineralized zones along 5000m of western strike extent of the Three Bluffs iron formation trend where surface sampling has returned significant gold values.

North Country Gold Corp is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.

North Country Gold 
John Williamson,  P.Geol
President and CEO

For more information on North Country Gold, please visit the Corporation’s website: www.northcountrygold.com or contact:

Brian Budd
Director of Corp. Development
Email: [email protected]
Tel: 604-646-4525

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Exchange) accepts responsibility for the adequacy or accuracy of this release."

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

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