Northern Lion Gold Corp. (the "Company") (TSX VENTURE:NL)(FRANKFURT:N3E) and the
Company's joint venture partner, Centerra Gold (KB) Inc., a subsidiary of
Centerra Gold Inc. (collectively "Centerra") announces the completion of its
2014 surface exploration program within the Optioned Permits in the Republic of
Cyprus. This program was designed to follow up on the discovery of new
volcanogenic-hosted massive-sulphide-(VHMS)-related mineralization in the 2013
drill program that was conducted with Centerra. Drilling in 2013 discovered a
debris flow of transported VHMS-related material ranging in estimated true
thickness from 6.0 to 14.05 metres ("m") and returned 14.05 m averaging 2.12
grams per tonne (g/t) gold, 16.91 g/t silver, 0.54% copper and 3.25% zinc in
hole MVDD13-02 (reported Jan. 22, 2014).


The surface exploration project at Mavroyi began in March of this year and was
composed of detailed mapping of the area and a ground geophysical programme
which consisted of gravity and Induced Polarzation ("IP") surveys over the
prospective area. As well, data from previous geophysical surveys; the 2011
Versatile Time-Domain Electromagnetic survey, flown by Geotech Airborne Malta
(reported December 7, 2011), and the 2013 AMT survey data (reported October 10,
2013) was also revisited and reprocessed. A compilation of all of the
geophysical data was completed and reinterpreted.


An IP and ground magnetic survey was also conducted at Pano Lefkara.

The resulting geophysical understanding has been combined with the geology and
geochemistry and targets have been defined for an upcoming diamond drill program
which is expected to commence in late June. The 2014 exploration program is
being funded by Centerra.


Company President and CEO, John Lando commented: "We are approaching another
very exciting drill program with our partner Centerra Gold. The systematic
exploration that we have undertaken in Cyprus to date has validated many of the
concepts we have put forward regarding the potential for Gold mineralization
associated with these VHMS deposits of Cyprus. Our goal with this drill program
is to identify the buried massive sulphide body related to the debris flow
discovered last summer at Mavroyi."


Under an option agreement, Centerra has the right to acquire up to 70% interest
in several exploration permits located in the Paphos and Larnaca Districts (the
"Optioned Permits"). The Company, through its Cypriot subsidiary Katla
Exploration Ltd., is the operator during the first year of the option agreement,
following which Centerra may elect to assume operatorship (reported May 14,
2013).


Quality Control and Assurance

The Company's field activities in the Republic of Cyprus are under the direction
of Robert Johnston, P.Geo. (BC), a consultant to the Company and "qualified
person", as defined by National Instrument 43-101 ("NI 43-101"). Mr. Johnston is
responsible for the technical content of this news release.


About Northern Lion

Northern Lion is committed to building a strong portfolio of projects within
mining-friendly and infrastructure-rich areas of Europe. Northern Lion currently
has a number of exploration permits in the Republic of Cyprus and is pursuing
other opportunities within the region.


NORTHERN LION GOLD CORP.

John Lando, President

This news release includes "forward-looking information", as such term is
defined in applicable securities laws. The forward-looking information includes,
without limitation, exploration plans of the Company, including the time
thereof, the success of exploration activities and other similar statements
concerning anticipated future events, conditions or results that are not
historical facts. These statements reflect management's current estimates,
beliefs, intentions and expectations; they are not guarantees of future
performance. The Company cautions that all forward-looking information is
inherently uncertain and that actual performance may be affected by a number of
material factors, many of which are beyond the Company's control. Such factors
include, among others, risks and uncertainties relating to exploration and
development; risks arising as a result of the Company operating in Cyprus; the
ability of the Company to obtain additional financing; including through
Centerra funding exploration and development activities pursuant to the option
agreement; the Company's limited operating history; the need to comply with
environmental and governmental regulations; potential defects in title to the
Company's properties; fluctuations in currency exchange rates; fluctuating
prices of commodities; operating hazards and risks; competition; and other risks
and uncertainties. Accordingly, actual future events, conditions and results may
differ materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward-looking information. All statements are made
as of the date of this news release and, except as required by law, the Company
is under no obligation to update or alter any forward-looking information.


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 NEWS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Northern Lion Gold Corp.
John Lando
President
(604) 669-2701 or toll free at 1 800 663 0510
info@northernliongold.com
www.northernliongold.com

Northern Lion Gold (TSXV:NL)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Northern Lion Gold Charts.
Northern Lion Gold (TSXV:NL)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Northern Lion Gold Charts.