Northern Lion Resumes 5,000m of Rotary Prospect
Drilling,
Republic of Cyprus
Vancouver, British Columbia:
Northern Lion Gold Corp. (the "Company" or �Northern Lion�) wishes to
announce that crews have been mobilized and the ongoing 2011 exploration
program is underway. The program includes over 1,000 line kilometres
of a time-domain electromagnetic
system (VTEM) airborne geophysical survey and 5,000 metres of rotary drilling, as well as continuing with the
ongoing mapping, prospecting, soil and rock sampling.
The airborne survey is awaiting final approval of the
proposed flight path and area to be surveyed from the government department of
Civil Aviation. The survey is expected to commence near the end of October,
2011.
A program of reconnaissance rotary drilling will
recommence to follow up on results from the previous diamond drill and initial
rotary drill programs. Targets will also be generated by the airborned geophysical survey. The areas to be drill
tested in the immediate future are Pitha, Anglesides, Philani and St.
Nikolas.
Northern Lion continues to collect rock and soil
samples over known gossan zones. These ground based
geochemical surveys in conjunction with the airborne geophysical survey are
expected to generate additional drill prospect targets for the rotary
program. The rotary drill is a quick and extremely cost efficient
prospecting tool which will aid in outlining the lateral extent and the level
of mineralization of buried targets.
History
The history of mineral exploitation (copper, gold and
other metals) on the island of Cyprus dates back to the Bronze Age,
approximately 5,000 years ago. The Phoenicians were the first to process copper
on the island, followed by the Romans and this activity has continued to the
present day. The evidence of this long history of mining is readily
observed in the abundant ancient surface and underground workings along with
extensive slag heaps. Mineral exploration in the Republic of Cyprus has been at
a very low level over the last few decades, and management believes that there
is a high probability of additional massive sulphide
bodies being present that did not outcrop, as nearly all of the known deposits
did.
The metal deposits of Cyprus are dominantly copper-bearing
volcanogenic hosted massive sulphide "VHMS"
deposits. These deposits are hosted within the pillow lava sequence of the Troodos Ophiolite Complex.
Quality
Control and Assurance
The Company's field activities in Cyprus are under the
direction of Jim Chapman, P.Geo. (BC), consultant to
the Company and "qualified person", as defined by National Instrument
43-101, who is responsible for the technical content of
this news release.
Separately, the Company has granted incentive stock
options to an employee of the Company to purchase 50,000 common shares of the
Company. The options are exercisable for a period of five years at a price of
$0.21 per share. The options were granted under and are subject to the terms
and conditions of the Company's April 28, 2003 Stock Option Plan, as amended.
About Northern
Lion
Northern Lion Gold Corp. is a Canadian mineral
exploration company, listed on the TSX Venture Exchange and the Frankfurt
Exchange. The Company is committed to building a strong portfolio of projects
within mining-friendly and infrastructure-rich areas of Europe.
In addition to its exploration permits in Cyprus, the
Company holds a 100% interest in its Moura Licence in Portugal.
NORTHERN LION
GOLD CORP.
John Lando,
President