Northern Lion wishes to announce the commencement of the airborne geophysical survey covering the Company's western permits in the Republic of Cyprus. The Company has contracted Geotech Airborne Malta to carry out a helicopter-borne Versatile Time-Domain Electromagnetic geophysical survey at 100 metre line spacing for a total of 850 line kilometres [...]
Northern Lion wishes to announce significant gold and copper results from the rotary drilling program on its' 100% owned Anglesides project within the Republic of Cyprus. The Company has received results for seven vertical rotary holes totaling 272.37 metres drilled in the Anglesides project area, and four out of the seven holes returned [...]
Northern Lion wishes to announce the commencement of a diamond drill program on the Company's 100% owned Moura Licence, located in southern Portugal. The 46.75 square kilometre Moura licence is located 180 kilometres east-southeast of Lisbon. The licence encompasses two historical deposits (Enfermarias and Preguica), and 11 known mineral [...]
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 airborne geophysical survey and 5,000 metres of rotary drilling, as well as continuing with the ongoing mapping, prospecting, soil and rock [...]
Northern Lion wishes to announce the exploration plans to the end of 2011. The program includes over 1,000 line kilometers of a time-domain electromagnetic system airborne geophysical survey and 5,000 meters of rotary drilling, as well as continuing with the ongoing mapping, prospecting, soil and rock sampling. The airborne survey is awaiting final [...]
Northern Lion wishes to announce results from the five holes drill on the Company's 100% owned Evloimeni project, located in the western portion of the Republic of Cyprus. This diamond drill program was part of a larger drill program totaling 34 holes within five project areas. The Evloimeni drilling targeted surface mineralization along with [...]
Northern Lion has received the final assays from the 2011 drilling program at the St. Nik project, Cyprus. Drill holes 11SN01 and 11SN04 were the last holes to be analysed and were initially considered to have missed the mineralized zone at St. Nik due to structural displacement. Hole 11SN01 encountered gold mineralization from 4.9 metres below [...]
Northern Lion wishes to announce additional results from the seven holes drilled on the Company's 100% owned St Nik project. This drill program was part of a larger program, totalling 34 holes within five project areas. St. Nik drill holes targeted geophysical anomalies generated by the 2011 Induced Polarization ("IP") survey, surface geochemical [...]
Northern Lion announces that effective May 26, 2011, John Lando, President and Secretary has been appointed Chief Executive Officer, President and Secretary, and Tammy Gillis, CMA has been appointed as Chief Financial Officer (formerly the Company's Financial Controller). In connection with the appointment of Tammy Gillis to CFO, the Company has [...]
Northern Lion wishes to announce the receipt of the final assay results from the first hole to test the St. Nikolas Project in the Republic of Cyprus. The St. Nikolas project forms part of the Company's existing land package of 20 permits covering over 56km2. This near surface gold, copper and silver mineralization over 28.6 metres starts at 10 [...]
Northern Lion announces that it has closed its non-brokered private placement previously announced on April 12, 2011 and April 15, 2011. The Company increased the size to 6,003,000 units at a price of $0.45 per Unit for gross proceeds of up to $2,701,350. Each Unit will consist of one common share and one-half of one common share purchase warrant [...]
Northern Lion announces that in response to over-subscription it has increased the size of its non-brokered private placement previously announced on April 12, 2011, to consist of up to 6,000,000 units at a price of $0.45 per Unit for gross proceeds of up to $2,700,000. Each Unit will consist of one common share and one-half of one common share [...]