# Northern Lion Suspends Exploration Activities, Republic of Cyprus

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e

Original source: https://money.tmx.com/en/quote/NL/news/60070076/northern-lion-suspends-exploration-activities-republic-of-cyprus

Publisher: tmx

Original announcement: 2014-10-15T13:15:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Northern Lion Gold Corp.

- Ticker: NL

- Exchange: TSX

- Region: Republic of Cyprus

- Primary commodity: Gold

- Secondary commodities: Silver, Zinc

- Document categories: Drill results, Agreement transaction

- Extracted: 2026-08-22 03:47:06 UTC

Narrative sentiment: -0.90 · Bearish

## Minestarters Atlas summary

Northern Lion Gold Corp. announced that its joint venture partner, Centerra Gold, has terminated their option agreement in the Republic of Cyprus due to unencouraging drill results. Consequently, Northern Lion is suspending all exploration activities in the region to review its land package and future plans. The 2014 drill program, which targeted VHMS accumulations, failed to identify significant mineralization, with reported grades generally being low or anomalously high for zinc.

Reasoning: Centerra Gold terminated its option agreement with Northern Lion due to unencouraging drill results, leading Northern Lion to suspend all exploration activities in Cyprus. The reported drill intercepts generally show low grades, and two zinc grades are anomalously high, suggesting data entry errors.

- Negative factor: JV partner terminated option agreement

- Negative factor: unencouraging drill results

- Negative factor: suspension of all exploration activities

- Negative factor: low-grade intercepts

- Negative factor: anomalous zinc grades likely indicate data error

Facts used in scoring: 27

## Classification and evidence

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: No true width or orientation information is provided for the reported drill intercepts, only downhole lengths.

Evidence · text

> Interval \(m\)

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes detailed QA/QC procedures, including a qualified person sign-off, certified lab, and methods like standards, duplicates, and blanks.

Evidence · text

> Quality Control and Assurance The Company's field activities in the Republic of Cyprus are under the direction of Robert Johnston, P.Geo. \(BC\), a consultant to the Company and "qualified person", as defined by National Instrument 43-101 \("NI 43-101"\). Mr. Johnston is responsible for the technical content of this news release. All drill core is transported by Company personnel to a secure logging and sampling facility located proximal to the exploration site. After the core has been logged and sample intervals marked, it is split by means of a diamond saw. One half of the core is then placed in a plastic bag with a waterproof uniquely numbered sample tag, which is sealed with a tamperproof security tie, while the balance is retained in the core box for future reference. The bagged samples are placed in secured sacks for transportation by truck to the Company's customs broker in Nicosia. The samples are sent by air to ALS Romania SRL, located at Rosia Montana, Romania. The facility is NI 43-101 and Joint Ore Resource Committee \(JORC\) compliant and is accredited to international quality standards through the International Organization for Standardization /International Electrochemical Commission \(ISO/IEC\) 17025:2005. The total sample is jaw crushed dry to &lt;2 mm. A 250 gram representative sample is obtained using a Riffle splitter and pulverized so that 85% passes 75 microns. Samples are then analyzed for gold and ICP analysis. A four acid digestion is used for a thirty three element ICP analysis, while the gold analyses used a 30 gram sample with lead-fire assay followed by atomic absorption spectrometry finish. The Company and ALS Romania both employ rigorous systems of mineralized standards, sample duplicates and blanks in each batch of samples.

**JV Termination**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The joint venture partner, Centerra Gold, terminated the option agreement due to unencouraging drill results.

Evidence · text

> Northern Lion Suspends Exploration Activities, Republic of Cyprus \(via Thenewswire.ca\) Vancouver, British Columbia / TNW-ACCESSWIRE / October 15, 2014 / Northern Lion Gold Corp. \(the "Company"\) announces that it has received notice from its joint venture partner, Centerra Gold \(KB\) Inc., a subsidiary of Centerra Gold Inc. \(collectively "Centerra"\), that Centerra is terminating the previously announced option agreement \(reported April 4, 2013\).

**Exploration Suspended**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Northern Lion is suspending all exploration activities in Cyprus due to the termination of the JV and disappointing results.

Evidence · text

> The Company has put all exploration activities on care and maintenance in Cyprus while a full review of the exploration, land package and future plans are reviewed by the Board.

**Low Grade Results**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The reported gold and silver grades are consistently low, and zinc grades are either low or anomalously high, leading to the termination of the JV.

Evidence · text

> Centerra commented: "Unfortunately, after some promising results last year, the drilling this year failed to provide any further encouragement and, as the majority of the targets of interest to us have now been tested, we have made the decision to terminate the Option Agreement."

## Extracted facts

Stored fact records: 27. Some facts used in scoring do not have a stored record.

## Drill Results (27)

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-0)

Mavroyi · gold

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: gold
- Ticker: NL

#### Geometry

- Grade: 0.16
- Grade Unit: g/t
- Intercept: 85.7 m
- From: 12.1 m
- To: 97.8 m
- Hole Depth: 123.1 m
- Intercept Depth: 12.1 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:12.1-97.8
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.16 g/t over 85.7 m is very low for a VMS deposit, contributing to the overall unencouraging results that led to the JV termination.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.16

Context: 85.7

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-1)

Mavroyi · silver

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: silver
- Ticker: NL

#### Geometry

- Grade: 0.02
- Grade Unit: g/t
- Intercept: 85.7 m
- From: 12.1 m
- To: 97.8 m
- Hole Depth: 123.1 m
- Intercept Depth: 12.1 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:12.1-97.8
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.02 g/t over 85.7 m is extremely low, further indicating unencouraging results for the project.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.02

Context: 85.7

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-2)

Mavroyi · zinc

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: zinc
- Ticker: NL

#### Geometry

- Grade: 0.067
- Grade Unit: %
- Intercept: 85.7 m
- From: 12.1 m
- To: 97.8 m
- Hole Depth: 123.1 m
- Intercept Depth: 12.1 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:12.1-97.8
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The zinc grade of 0.067% over 85.7 m is very low, contributing to the overall unencouraging results that led to the JV termination.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.067

Context: 85.7

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-3)

Mavroyi · gold

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: gold
- Ticker: NL

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 12.9 m
- From: 12.1 m
- To: 25 m
- Hole Depth: 123.1 m
- Intercept Depth: 12.1 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:12.1-25.0
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.33 g/t over 12.9 m is low for a VMS deposit, and while a sub-interval, it does not significantly improve the overall prospectivity.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.33

Context: 12.9

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-4)

Mavroyi · silver

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: silver
- Ticker: NL

#### Geometry

- Grade: 0.55
- Grade Unit: g/t
- Intercept: 12.9 m
- From: 12.1 m
- To: 25 m
- Hole Depth: 123.1 m
- Intercept Depth: 12.1 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:12.1-25.0
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.55 g/t over 12.9 m is very low, not providing significant encouragement for the project.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.55

Context: 12.9

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-5)

Mavroyi · zinc

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: zinc
- Ticker: NL

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 12.9 m
- From: 12.1 m
- To: 25 m
- Hole Depth: 123.1 m
- Intercept Depth: 12.1 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:12.1-25.0
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The zinc grade of 0.1% over 12.9 m is very low, not providing significant encouragement for the project.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.1

Context: 12.9

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-6)

Mavroyi · gold

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: gold
- Ticker: NL

#### Geometry

- Grade: 0.56
- Grade Unit: g/t
- Intercept: 5.9 m
- From: 13.05 m
- To: 19 m
- Hole Depth: 123.1 m
- Intercept Depth: 13.05 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:13.05-19.0
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.56 g/t over 5.9 m is low for a VMS deposit, and as a sub-interval, it does not significantly improve the overall prospectivity.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.56

Context: 5.9

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-7)

Mavroyi · silver

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: silver
- Ticker: NL

#### Geometry

- Grade: 0.85
- Grade Unit: g/t
- Intercept: 5.9 m
- From: 13.05 m
- To: 19 m
- Hole Depth: 123.1 m
- Intercept Depth: 13.05 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:13.05-19.0
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.85 g/t over 5.9 m is very low, not providing significant encouragement for the project.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.85

Context: 5.9

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-8)

Mavroyi · zinc

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: zinc
- Ticker: NL

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 5.9 m
- From: 13.05 m
- To: 19 m
- Hole Depth: 123.1 m
- Intercept Depth: 13.05 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:13.05-19.0
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The zinc grade of 0.1% over 5.9 m is very low, not providing significant encouragement for the project.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.1

Context: 5.9

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-9)

Mavroyi · gold

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: gold
- Ticker: NL

#### Geometry

- Grade: 0.33
- Grade Unit: g/t
- Intercept: 18.2 m
- From: 79.6 m
- To: 97.8 m
- Hole Depth: 123.1 m
- Intercept Depth: 79.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:79.6-97.8
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.33 g/t over 18.2 m is low for a VMS deposit, and as a sub-interval, it does not significantly improve the overall prospectivity.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.33

Context: 18.2

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-10)

Mavroyi · silver

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: silver
- Ticker: NL

#### Geometry

- Grade: 0.23
- Grade Unit: g/t
- Intercept: 18.2 m
- From: 79.6 m
- To: 97.8 m
- Hole Depth: 123.1 m
- Intercept Depth: 79.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:79.6-97.8
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.23 g/t over 18.2 m is very low, not providing significant encouragement for the project.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.23

Context: 18.2

### MVDD14-05

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-11)

Mavroyi · zinc

#### Identity

- Hole ID: MVDD14-05
- Project: Mavroyi
- Commodity: zinc
- Ticker: NL

#### Geometry

- Grade: 0.09
- Grade Unit: %
- Intercept: 18.2 m
- From: 79.6 m
- To: 97.8 m
- Hole Depth: 123.1 m
- Intercept Depth: 79.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-05:79.6-97.8
- Mining Method: unknown

#### Location

- Easting: 458639
- Northing: 3868242
- CRS: WGS84 Zone 36 North
- Elevation: 344 m
- Azimuth: 70 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The zinc grade of 0.09% over 18.2 m is very low, not providing significant encouragement for the project.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.09

Context: 18.2

### MVDD14-13

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-12)

Mavroyi · gold

#### Identity

- Hole ID: MVDD14-13
- Project: Mavroyi
- Commodity: gold
- Ticker: NL

#### Geometry

- Grade: 0.27
- Grade Unit: g/t
- Intercept: 4.9 m
- From: 31.6 m
- To: 36.5 m
- Hole Depth: 136.2 m
- Intercept Depth: 31.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-13:31.6-36.5
- Mining Method: unknown

#### Location

- Easting: 458834
- Northing: 3867933
- CRS: WGS84 Zone 36 North
- Elevation: 368 m
- Azimuth: 50 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.27 g/t over 4.9 m is very low for a VMS deposit, contributing to the overall unencouraging results that led to the JV termination.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.27

Context: 4.9

### MVDD14-13

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-13)

Mavroyi · silver

#### Identity

- Hole ID: MVDD14-13
- Project: Mavroyi
- Commodity: silver
- Ticker: NL

#### Geometry

- Grade: 1.48
- Grade Unit: g/t
- Intercept: 4.9 m
- From: 31.6 m
- To: 36.5 m
- Hole Depth: 136.2 m
- Intercept Depth: 31.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-13:31.6-36.5
- Mining Method: unknown

#### Location

- Easting: 458834
- Northing: 3867933
- CRS: WGS84 Zone 36 North
- Elevation: 368 m
- Azimuth: 50 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 1.48 g/t over 4.9 m is very low, not providing significant encouragement for the project.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 1.48

Context: 4.9

### MVDD14-13

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-14)

Mavroyi · zinc

#### Identity

- Hole ID: MVDD14-13
- Project: Mavroyi
- Commodity: zinc
- Ticker: NL

#### Geometry

- Grade: 902
- Grade Unit: %
- Intercept: 4.9 m
- From: 31.6 m
- To: 36.5 m
- Hole Depth: 136.2 m
- Intercept Depth: 31.6 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-13:31.6-36.5
- Mining Method: unknown

#### Location

- Easting: 458834
- Northing: 3867933
- CRS: WGS84 Zone 36 North
- Elevation: 368 m
- Azimuth: 50 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: low\_confidence
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The reported zinc grade of 902% over 4.9 m is anomalously high and physically impossible, strongly suggesting a data entry error or typo, which undermines confidence in the reported data.

- Negative factor: anomalously high grade, likely typo

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 902

Context: 4.9

#### Rejected tags

**Grade Anomaly / Typo** — Rejected; excluded from scoring

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Reason: The reported zinc grade of 902% is physically impossible and indicates a data entry error.

Evidence · table

> 902

Context: 4.9

### MVDD14-14

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-15)

Saramas · gold

#### Identity

- Hole ID: MVDD14-14
- Project: Saramas
- Commodity: gold
- Ticker: NL

#### Geometry

- Grade: 0.21
- Grade Unit: g/t
- Intercept: 6 m
- From: 150 m
- To: 156 m
- Hole Depth: 343.9 m
- Intercept Depth: 150 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-14:150.0-156.0
- Mining Method: unknown

#### Location

- Easting: 457789
- Northing: 3869483
- CRS: WGS84 Zone 36 North
- Elevation: 256 m
- Azimuth: 270 °
- Dip: -75 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The gold grade of 0.21 g/t over 6.0 m is very low for a VMS deposit, contributing to the overall unencouraging results that led to the JV termination.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.21

Context: 6.0

### MVDD14-14

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-16)

Saramas · silver

#### Identity

- Hole ID: MVDD14-14
- Project: Saramas
- Commodity: silver
- Ticker: NL

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 6 m
- From: 150 m
- To: 156 m
- Hole Depth: 343.9 m
- Intercept Depth: 150 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-14:150.0-156.0
- Mining Method: unknown

#### Location

- Easting: 457789
- Northing: 3869483
- CRS: WGS84 Zone 36 North
- Elevation: 256 m
- Azimuth: 270 °
- Dip: -75 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The silver grade of 0.3 g/t over 6.0 m is very low, not providing significant encouragement for the project.

- Negative factor: low grade

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 0.3

Context: 6.0

### MVDD14-14

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-17)

Saramas · zinc

#### Identity

- Hole ID: MVDD14-14
- Project: Saramas
- Commodity: zinc
- Ticker: NL

#### Geometry

- Grade: 466
- Grade Unit: %
- Intercept: 6 m
- From: 150 m
- To: 156 m
- Hole Depth: 343.9 m
- Intercept Depth: 150 m

#### Classification

- Deposit Type: vms
- Program: exploration
- Sample Type: drill
- Group ID: MVDD14-14:150.0-156.0
- Mining Method: unknown

#### Location

- Easting: 457789
- Northing: 3869483
- CRS: WGS84 Zone 36 North
- Elevation: 256 m
- Azimuth: 270 °
- Dip: -75 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: ALS Romania SRL
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: low\_confidence
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: The reported zinc grade of 466% over 6.0 m is anomalously high and physically impossible, strongly suggesting a data entry error or typo, which undermines confidence in the reported data.

- Negative factor: anomalously high grade, likely typo

- Negative factor: JV terminated due to unencouraging results

- Negative factor: apparent width only

Evidence · table

> 466

Context: 6.0

#### Rejected tags

**Grade Anomaly / Typo** — Rejected; excluded from scoring

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Reason: The reported zinc grade of 466% is physically impossible and indicates a data entry error.

Evidence · table

> 466

Context: 6.0

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-18)

Mavroyi · gold

#### Identity

- Hole ID: incl
- Project: Mavroyi
- Commodity: gold
- Ticker: NL

#### Geometry

- Grade: 0.33
- Grade Unit: ppm
- Intercept: 12.9 m
- From: 12.1 m
- To: 25 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: incl:12.1-25
- Mining Method: unknown

#### Location

- CRS: WGS84 Zone 36 North

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.33 ppm gold, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

> 0.33

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-19)

Mavroyi · silver

#### Identity

- Hole ID: incl
- Project: Mavroyi
- Commodity: silver
- Ticker: NL

#### Geometry

- Grade: 0.55
- Grade Unit: ppm
- Intercept: 12.9 m
- From: 12.1 m
- To: 25 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: incl:12.1-25
- Mining Method: unknown

#### Location

- CRS: WGS84 Zone 36 North

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.55 ppm silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

> 0.55

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-20)

Mavroyi · zinc

#### Identity

- Hole ID: incl
- Project: Mavroyi
- Commodity: zinc
- Ticker: NL

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 12.9 m
- From: 12.1 m
- To: 25 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: incl:12.1-25
- Mining Method: unknown

#### Location

- CRS: WGS84 Zone 36 North

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.3 %·m is below.

- Negative factor: 0.1 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.1

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-21)

Mavroyi · gold

#### Identity

- Hole ID: incl
- Project: Mavroyi
- Commodity: gold
- Ticker: NL

#### Geometry

- Grade: 0.56
- Grade Unit: ppm
- Intercept: 5.9 m
- From: 13.05 m
- To: 19 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: incl:13.05-19
- Mining Method: unknown

#### Location

- CRS: WGS84 Zone 36 North

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.56 ppm gold, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

> 0.56

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-22)

Mavroyi · silver

#### Identity

- Hole ID: incl
- Project: Mavroyi
- Commodity: silver
- Ticker: NL

#### Geometry

- Grade: 0.85
- Grade Unit: ppm
- Intercept: 5.9 m
- From: 13.05 m
- To: 19 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: incl:13.05-19
- Mining Method: unknown

#### Location

- CRS: WGS84 Zone 36 North

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.85 ppm silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

> 0.85

Context: incl

### incl

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-23)

Mavroyi · zinc

#### Identity

- Hole ID: incl
- Project: Mavroyi
- Commodity: zinc
- Ticker: NL

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 5.9 m
- From: 13.05 m
- To: 19 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: incl:13.05-19
- Mining Method: unknown

#### Location

- CRS: WGS84 Zone 36 North

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table. 0.1 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 0.6 %·m is below.

- Negative factor: 0.1 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.1

Context: incl

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-24)

Mavroyi · gold

#### Identity

- Hole ID: and
- Project: Mavroyi
- Commodity: gold
- Ticker: NL

#### Geometry

- Grade: 0.33
- Grade Unit: ppm
- Intercept: 18.2 m
- From: 79.6 m
- To: 97.8 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: and:79.6-97.8
- Mining Method: unknown

#### Location

- CRS: WGS84 Zone 36 North

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.33 ppm gold, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the gold rubric unit g/t; not scored.

Evidence · table

> 0.33

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-25)

Mavroyi · silver

#### Identity

- Hole ID: and
- Project: Mavroyi
- Commodity: silver
- Ticker: NL

#### Geometry

- Grade: 0.23
- Grade Unit: ppm
- Intercept: 18.2 m
- From: 79.6 m
- To: 97.8 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: and:79.6-97.8
- Mining Method: unknown

#### Location

- CRS: WGS84 Zone 36 North

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table: 0.23 ppm silver, reported in a unit the rubric does not cover \(g/t\).

- Negative factor: Grade unit ppm does not match the silver rubric unit g/t; not scored.

Evidence · table

> 0.23

Context: and

### and

[Link to this fact](https://atlas-staging.minestarters.com/news/northern-lion-suspends-exploration-activities-republic-of-cyprus--4f35086e-07de-434f-8361-17a4d499509e#fact-drill-facts-26)

Mavroyi · zinc

#### Identity

- Hole ID: and
- Project: Mavroyi
- Commodity: zinc
- Ticker: NL

#### Geometry

- Grade: 0.09
- Grade Unit: %
- Intercept: 18.2 m
- From: 79.6 m
- To: 97.8 m

#### Classification

- Deposit Type: vms
- Sample Type: drill
- Group ID: and:79.6-97.8
- Mining Method: unknown

#### Location

- CRS: WGS84 Zone 36 North

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2014-10-15T00:00:00.000Z

Reasoning: Expanded from assay table. 0.09 % zinc is below against the default band \[18, 10, 5, 2\] %. Grade×width 1.6 %·m is below.

- Negative factor: 0.09 % zinc is below the weak threshold \(2 %\) on the default band.

- Negative factor: Scored from rubric bands during table expansion, not from document context.

Evidence · table

> 0.09

Context: and

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
