Lion Copper and Gold released assay results from its 2024 exploration drilling program at the Yerington and MacArthur properties, which are part of the Company's Yerington Copper Project. The drill program was completed using Stage 2b funding provided under terms of the Company's agreement with Nuton a Rio Tinto venture. 2024 Drilling Highlights The objective of the 2024 Yerington drilling program was to convert as much [...]
Lion Copper and Gold announces that it has received conditional approval to list its common shares on the CSE. In connection with the listing the Company will voluntarily delist its common shares from the TSX-V. The board of the directors of the Company has determined that this transition is in the best interests of the Company. The CSE offers a more cost-effective platform with a streamlined regulatory framework that is [...]
Including 130 ft of 0.65% TCu and 138 ft of 0.62% TCu Yerington, Nevada-- - Lion Copper and Gold Corp. today released results from its Bear deposit 2024 exploration drilling program in the Yerington District of Nevada. As a second phase of drilling subsequent to the exploration drilling in 2023 , an additional US$1,500,000 was funded as early advance of the Stage 3 funding for exploration under the Company's agreement with Nuton LLC, a Rio Tinto venture . Bear Deposit 2024 Drilling Highlights Diamond core drill hole B-056A encountered 2,376 ft of 0.40% TCu, including 130 ft of 0.65% TCu and 138 ft of 0.62% TCu collared midway between legacy Anaconda drill holes B-014 and B-022 Diamond core drill hole B-055, collared 2,750 ft southwest from drill hole B-054, enco... [...]
Lion Copper and Gold Corp. is pleased to announce the appointment of John Banning as Vice President and Chief Operating Officer and Doug Stiles as Vice President of Sustainability & Environment. Mr. Banning is an experienced mining executive focused on outcomes and excellence through the development of high-performance teams. He is a dynamic leader with 25 years' of corporate, strategic, feasibility, project design [...]
Lion Copper and Gold Corp. is pleased to announce the commencement of the Stage 2b and Stage 3 Advance Programs of Work in accordance with the agreement between the Company and Nuton LLC , a wholly-owned subsidiary of Rio Tinto . Total funding of US$11,500,000 will advance the flagship Yerington Copper Project through completion of a Pre-Feasibility Study and progress permitting and Bear exploration initiatives. "We are [...]
Post-Tax NPV7% of US$356 Million and 17.4% IRR Lion Copper and Gold Corp. is pleased to announce the positive results of a Preliminary Economic Assessment on its Yerington Copper Project located in Lyon County, Nevada. The PEA envisions an open pit mining strategy followed by a heap leach operation, enhanced by the application of Rio Tinto's Nuton technologies to process primary sulfide copper materials. Given the [...]
Lion Copper and Gold Corp. is pleased to announce that Nuton LLC , a wholly-owned subsidiary of Rio Tinto, has formally opted into Stage 2b of the Option to Earn-in Agreement, details of which were announced on October 20, 2023. Stage 2b provides full funding of US$10 million for completion of a pre-feasibility study for the Yerington Copper Project, projected to finish in Q3 2024. Additionally, based on the positive 2023 [...]
Lion Copper and Gold Corp. announced today that its controlled subsidiary, Falcon Copper Corp. , has signed an Option to Joint Venture Agreement with Kennecott Exploration Company , a subsidiary of Rio Tinto plc, to advance exploration on Falcon's Cabin property and Kennecott's contiguous Muncy Creek property, collectively called the Schell Creek Project, located in White Pine County, Nevada. The 9,000-acre Cabin property [...]
Lion Copper and Gold Corp. today released assay results from its 2023 exploration program in the Yerington District of Nevada. This exploration program was funded by a US$2,500,000 early advance of Stage 3 funding under the Company's agreement with Nuton LLC, a Rio Tinto venture . Five targets were drilled with the most compelling results produced at the Bear deposit, a large and partially-defined zone of porphyry copper [...]
Lion Copper and Gold Corp. announces an amendment to the Stage 2 Program of Work of its Option to Earn-in Agreement with Nuton LLC, a Rio Tinto venture, referenced in the Parties' March 18, 2022 Option Agreement. See news releases dated March 21, 2022 and January 5, 2023 for further details. Under the amendment, the term of Stage 2 of the Agreement has been extended by 9 months to September 12, 2024 to allow for [...]
Lion Copper and Gold Corp. announces an update on its water rights associated with its Yerington copper projects in Lyon County, Nevada . On August 30, 2023 and subsequent to a remand order by Lyon County District Judge Aberasturi dated December 6, 2022, the State Engineer of the Nevada Division of Water Resources has provided notice declaring as forfeited the Company's water rights under three permits, including: Permit [...]
Lion Copper and Gold Corp. is pleased to announce a non-brokered private placement of unsecured convertible debentures for gross proceeds of up to US$1,300,000 . The Debentures will bear interest at the rate of 14% per annum and will mature on the date that is 20 months from issuance . The principal amount of the Debentures may be converted into common shares of the Company at US$0.05344 per share, at any time, before 10 [...]
