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Pitha Project





The Pitha project forms part of Northern Lion's 100% held Exploration Permit EA4329 which incorporates the Pitha and Peristerka massive sulphide bodies. Peristerka which consisted of two adjacent vertical massive sulphide bodies, was mined in the 1960's for pyrite, but also contained a high grade copper and zinc portion in the western orebody. At Pitha (1km to the west) the area was partially pre-striped preparing for production when the Turkish invasion halted activities. The company operating Peristerka went bankrupt when their ore stockpile sitting at the port of Famagusta was seized during the invasion. Historical drill data indicates a vertically oriented massive sulphide body of in excess of 500,000 tons. No gold assays were carried out during the period when the massive sulphide was drilled.

In order to determine the gold potential of this area a chip sampling program was carried out over the exposed benches, and any exposures of massive sulphide visible in the pit. The Pitha massive sulphide body is located in the Basal Group rocks within 200m of the contact with the overlying Pillow Lava Series. Dykes within the Basal Group in this area trend north northeasterly and have a near vertical dip, as do the major structural trends.

A total of 132 chip and grab samples were collected from all prospective exposures of altered and mineralized rocks, along with a suite of samples from fresh outcrop for reference material. The results of this work show an excellent clustering of gold and copper values at the west end of the pit, with the highest values shown in the following Table. Anomalous gold and copper values were returned from an area of 75m by 60m as shown on the accompanying map. Follow up sampling will concentrate on defining the western limits of this mineralization and exploring to the north and south along the local structural trend. To this end a grid has been established to the north of the pit with east-west lines covering the potential extension of this mineralization. Soil sampling has been completed over this grid and results are anticipated this month.

South of the Pitha pit (0.75km) another historical showing known as Mandres was partially evaluated at the same time as the Pitha stripping. Surface sampling by Northern Lion crews has shown anomalous gold values up to 2.5g/t over 2m in gossanous outcrops.

The following table contains a summary of the significant values returned from the chip samples collected. The results of that work clearly illustrate the potential of the Cyprus type massive sulphide bodies to host significant gold mineralization along with high grade copper, zinc and silver.

Sample #

Length (m)

Au g/t

Ag g/t

Cu %

Pb ppm

Zn ppm

11904

0.4

0.336

15.8

1.615

86

279

11917

grab

1.03

7.6

2.88

158

512

11919

0.25

4.67

33.6

3.91

847

3940

11920

grab

0.452

5.9

0.68

112

706

11921

0.2

3.12

40.0

0.85

1125

726

11922

grab

3.04

21.3

0.29

1580

1290

11923

grab

0.37

4.7

0.1

234

250

11926

grab

0.436

1.9

0.05

28

240

11930

2.2

0.751

15.0

0.04

1850

230

11932

grab

0.598

14.8

0.1

93

334

11934

1.3

1.12

6.5

0.4

88

281

11940

grab

0.781

2.4

0.13

639

1335

11941

4.5

1.045

22.7

0.76

441

955

11942

4.4

0.423

10.0

0.05

210

787

11945

2.3

0.614

8.1

0.03

115

530

11946

grab

2.59

38.4

0.03

403

736

11951

0.3

0.695

7.6

0.07

3110

908

11954

5.6

0.676

25.4

0.13

1550

1930

11955

grab

0.37

4.2

0.12

396

1285

11957

3.5

0.012

0.2

1.465

10

5440

11958

1.7

0.989

40.5

0.67

168

1080

11960

0.4

0.558

2.4

0.01

83

150

11961

0.2

0.73

11.9

0.19

197

898

11962

3.2

2.64

62.1

0.09

255

317

11963

2.2

0.88

25.6

0.14

513

518

11965

1.4

1.16

28.0

0.07

260

156


Sample Maps of the entire Pitha Pit and the west end of the Pitha Pit:


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