 |

| 
| 


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:
|

|  |