Northern Lion Gold Corp.
TSX VENTURE : NL
FRANKFURT : N3E

Northern Lion Gold Corp.

October 19, 2007 18:47 ET

Northern Lion Retains Mau Capital Management

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 19, 2007) - Northern Lion Gold Corp. (the "Company") (TSX VENTURE:NL)(FRANKFURT:N3E) has engaged Mau Capital Management ("Mau"), of Point Roberts, Washington, to broaden its exposure within the mining exploration investment industry.

Company president John Lando commented: "This is an exciting time for Northern Lion as we refocus our exploration and development on our prospective Portuguese mineral licenses. Mr. John Lee, CFA founded Mau Capital Management in 2004. He is a sought-after speaker at all major resource conferences and publisher of articles at various online financial news websites. As the manager of a private equity fund and a private investor Mr. Lee recognized a niche to represent high quality companies that Mau Capital have researched and to feature them on his site Goldmau.com. I'm pleased to have been approached by Mau Capital to help us broaden Northern Lion's exposure within the resource investment community."

Mau's engagement, which is subject to regulatory approval, was effective October 18, 2007, for a term of twelve months subject to cancellation with 30 days advance written notice. The Company will pay Mau a fee of Cdn$2,500 per month and issue it options to purchase 200,000 common shares, exercisable for five years at a price of $0.44 per share.

For further information, visit Mau's website at www.goldmau.com. Except as disclosed in this news release, Mau has no direct or indirect interest, or right to acquire any interest, in the Company.

About Northern Lion

Northern Lion Gold Corp. is a Canadian mineral exploration company, listed on the TSX Venture Exchange and the Frankfurt Exchange. The Company is committed to building a strong portfolio of projects within mining-friendly and infrastructure-rich areas of Europe. It has approximately 31 million shares issued, $5.0 million in cash and a further $5.5 million in marketable securities.

In addition to the Cercal and Moura licenses in Portugal the Company holds a 100% interest in seven projects in the historic Bergslagen mining district of southern Sweden. These properties were acquired in 2006, and data compilation and review and limited soil sampling have been completed in preparation for field work. The Company also holds a 100% interest in the Nynasberget gold prospect, which was recently acquired in the Jamtland region of central Sweden.

NORTHERN LION GOLD CORP.

John Lando, President.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information