Northern Lion roars with Finnish drill results (April 19, 2004)

Vancouver — Northern Lion Gold (NL-T) reported impressive gold assays from the first two holes drilled on its Haveri gold-copper property in southwestern Finland, even before reaching targeted depths.

The Haveri claims encompass an area of widespread gold and copper mineralization in a volcanogenic massive sulphide environment measuring 1.5 by 2 km.

Hole ME-01 tested the down-plunge extent of mineralization in the Main/Shaft zone beneath and north of the Haveri open pit. A 119.45-metre intercept averaged 2.52 grams gold per tonne from a depth of 102 metres. Included were two higher-grade intervals: 6.4 metres of 15.3 grams gold at 113.7 metres down-hole, and 5 metres of 5.66 grams gold at 144 metres down-hole. Fine-grained metallic gold in narrow quartz veins was noted at depths of 117.5 and 118 metres.

Hole P-01 tested the downdip extension of the Peltosaari zone, 700 metres east-northeast of the Main/Shaft zone. The hole returned 53.4 metres grading 1.1 grams gold with 0.25% copper and 3.6 grams silver at a depth of 138.7 metres. The hole stopped short of its target depth, owing to a fault zone.

Two more holes are under way — one to test the Shaft zone at depth and the other to test an induced-polarization (IP) chargeability anomaly associated with the NW Zone.

At least 8,000 metres in 30 holes are planned, of which 1,743 metres in seven holes have been completed. Future targets will be based on results from shallow percussion drilling of IP chargeability anomalies.

Northern Lion is earning a 70% interest in the Haveri claims and owns the Ansomaki claim outright.