Savage and Northland Resources S.A. (TSX: NAU, OSE: NAUR, Frankfurt: NPK - "Northland") have entered into an agreement for Savage to manage the supply chain logistics from the Northland iron ore mine in Kaunisvaara, Sweden, to the Port of Narvik in Norway. This supply chain will handle a planned daily volume of 14,000 tons of concentrated iron ore. The ore will travel 150 kilometers by truck, to be transloaded into railcars for a 225 kilometer trip to the port where it will be loaded onto ships for export.

"We are pleased to sign this agreement with Savage, with their extensive experience handling bulk commodities and demonstrated ability to build and operate a robust logistical chain," said Karl-Axel Waplan, President and CEO of Northland.

"We look forward to supporting Northland on this important project," said Allen Alexander, President and CEO of Savage. "Our experience getting product from mine to market with worry-free consistency ensures that we will maintain the continuous flow of material that this international supply chain demands."

The Northland mine of Tapuli is slated to begin output of iron ore volumes in the first quarter of 2013. Savage has already begun to support the operation with a management team located in Lulea. Savage will be responsible for the complete supply chain of the ore, including the coordination, management and integration of the transportation parties; Peab AB will provide transportation by truck; and Grieg Logistics AS will provide operation services at the port. Savage will also operate the 225 km long train transportation between the truck transload terminal at Pitkäjärvi and the Port of Narvik. In addition to day-to-day management, and the rail transportation operations, Savage will deploy technology that allows Northland real-time visibility into the ore inventory, location and available truck and rail capacity.

Savage’s history of moving and managing materials from production to consumption makes it an ideal choice to handle the logistics for Northland. Savage’s customers span the globe and range from oil and gas to chemical to food grade producers. The company’s expertise in trucking, transload, rail switching and transport and port operations gives Northland access to the knowledge and resources needed to optimize this supply chain. For more detail on this agreement read the full Northland press release here: http://www.northland.eu/en-us/investor-relations/press-releases?v=N_137015_PR_201204_1601739.

About Northland

Northland is a development-stage mining company with a portfolio of iron ore projects in northern Sweden and Finland. The Company's Kaunisvaara Project will exploit two magnetite iron ore deposits in Sweden. The process is expected to yield a high-grade, high-quality magnetite iron concentrate. The construction of the Kaunisvaara project is well under way, and production is planned to start in the fourth quarter of 2012. Northland has entered into industrial off-take contracts for the entire production from Kaunisvaara. The Company is also preparing a Definitive Feasibility Study for its Hannukainen Iron Oxide Copper Gold Project in Kolari, northern Finland. For further information regarding Northland, please visit www.northland.eu.

About Savage

Savage is an innovative supply chain solutions company, dedicated to creating value for customers by moving and managing critical materials and improving operational efficiency with worry-free consistency. With 150 locations and over 2,500 employees, Savage is a global leader in the creation and delivery of bundled supply chain management services that are tailored to meet the needs of customers. Savage serves many industries including: electric power generation, coal production, oil and gas, refining, agriculture, chemical, mining and manufacturing. With capabilities that span transportation, asset management and material handling and processing, Savage provides services and technology customized for each customer’s unique supply chain challenge. For further information regarding Savage, please visit www.savageservices.com.