Northern Lion Gold Corp.

Northern Lion Gold Corp.

April 06, 2006 12:35 ET

Northern Lion Gold Corp.: Haveri Drilling Yields 41 Metres of 5.57 g/t Gold; Results Support new Geological Model

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 6, 2006) - Northern Lion Gold Corp. (the Company) (TSX VENTURE:NL)(FWB:N3E) reports that the first fire assay results from recent drilling have returned the best mineralization discovered to date by the Company on its 100% owned Haveri gold project.

The 1706.15 metre, eight-hole drill program was designed to test a new geological model of the deposit that was developed from a comprehensive program of data compilation and three-dimensional modeling in late 2005.

The Company has now received assay results for four drill holes, located on two northwest-southeast sections on the projected southwest extension of the modeled Mine Deeps Zone. The two sections, designated "north" and "south", are located approximately 60 metres apart.

Recent data compilation and study of the trend of this zone, combined with available geophysical data pertaining to the Company's recent discovery of abundant gold nuggets in till at Ansomaki (as announced March 1, 2006), suggest the potential for a continuation of this mineralization to the southwest.

Company President, John Lando, commented: "These high-grade gold values over significant widths provide confirmation of our new model of the Mine Deeps Zone. In addition, the southwest trend of mineralization toward the Ansomaki nugget region is very encouraging. Several untested geophysical targets that correlate well with our model are now a high priority."

New targets are now being plotted for drilling to commence as soon as spring weather permits.

Detailed Assay Results

HOLE: MD-01 (North Section; 2460200E/6844700N; Azm: 315 degrees;
Dip: -45 degrees; 114.90 m).

From (m) To (m) Interval (m) Gold Grade (g/t(i))

46.00 87.00 41.00 5.57
Incl. 48.00 58.00 10.00 8.00 (VG(ii))
66.00 84.50 18.50 7.47 (VG)
Incl. 77.50 83.00 5.50 20.64 (VG)

(i) grams per tonne
(ii) visible gold

NOTE: This hole was prematurely terminated as it encountered
previously unknown underground workings.

HOLE: MD-02 (South Section; 2460170E/6844640N; Azm: 315 degrees;
Dip:-45 degrees; 228.75 m).

From (m) To (m) Interval (m) Gold Grade (g/t)

28.50 34.05 7.12 5.55 (VG)
154.00 188.00 34.00 1.03
Incl. 154.00 158.00 4.00 4.35

HOLE: MD-03 (South Section; 2420212E/6844598N; Azm: 315 degrees;
Dip:-45 degrees; 298.30 m).

From (m) To (m) Interval (m) Gold Grade (g/t)

126.50 158.00 31.50 1.04

HOLE: MD-05 (North Section; 2460221E/6844679N; Azm: 315 degrees;
Dip:-45 degrees; 279.50 m).

From (m) To (m) Interval (m) Gold Grade (g/t)

78.50 87.45 8.95 5.92
Incl. 81.00 85.90 4.90 9.66
196.50 231.50 35.00 1.52 (VG)
Incl. 229.50 231.50 2.00 8.30
244.00 278.50 34.50 3.03
Incl. 261.00 268.50 7.50 11.77

About the Mine Deeps Zone

The Mine Deeps Zone encompasses the previously-recognized "Mine West" and "Tombstone" zones and comprises three, nearly-parallel, discordant, tabular bodies (West, Central, East) that appear to be coincident with a northeast-southwest trending, F2 fold axial plane. The individual bodies are nearly vertical, collectively occurring over a width of approximately 100 metres, can be traced at least 300 metres along strike, are known to extend locally to a depth of up to 360 metres, and appear to converge to the southwest.

Characteristics of this zone are the presence of areas of intense silicification, quartz veins, visible gold, and, in general, low sulphide content. Host rocks are mafic volcanics. Information yielded by the modeling process, based upon exploration to date, suggests that the Mine Deeps Zone encompasses some seven million tonnes, with an average gold content of 1.47 grams/tonne, which includes two smaller, but substantial, accumulations of mineralization (+/- 400,000 tonnes) that exhibit significantly higher average gold contents (5 to 12 grams/tonne). The mine Deeps Zone is open for extension to depth and along strike to the southwest.

Quality Control and Assurance

The Company's field activities in Finland are supervised by Henrik Wik, M.Sc. (Geology and Mineralogy), under the direction of John R. Fraser, P.Geo. (BC), the Company's Vice President of exploration and a "Qualified Person", as defined by National Instrument 43-101 ("NI 43-101").

Core samples are analyzed for gold by Activation Laboratories Ltd. of Ancaster, Ontario, using fire assay with a geochemical finish on a 30 gram sample. Drill results reported represent core lengths; the true thickness of mineralization is estimated to be 60% of the core length. For details of the Haveri Quality Control/Quality Assurance Program, please refer to the Company's news release dated May 26, 2004.

In accordance with the requirements of NI 43-101, it is noted that there has been insufficient exploration to date to define a mineral resource for the Mines Deep Zone. Present modeling of the zone is conceptual in nature and it is not certain that a mineral resource will be delineated.

About Northern Lion Gold Corp.

Northern Lion is a Canadian mineral exploration company listed on the Toronto Venture Exchange and the Frankfurt Exchange. It owns 100% of the Haveri gold project, a past gold producer located in southwestern Finland, some 175 kilometres northwest of Helsinki., and is committed to building a strong portfolio of projects within mining-friendly and infrastructure-rich areas of Scandinavia. The Company is well funded to continue to define the Haveri gold deposit and to acquire and explore new projects.


John Lando, President

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

Contact Information