Lion Copper and Gold Corp.

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 [...]

Lion Copper and Gold Corp. is pleased to announce it has completed the Stage 1 Program of Work and has reached an agreement with Rio Tinto America Inc. on the scope of the Stage 2 Program of Work with Nuton, a Rio Tinto venture, referenced in the Parties' March 18, 2022 Option Agreement. See news release dated March 21, 2022 for details. Additionally, the Parties have also agreed to an early advance of the Stage 3 Program [...]

Lion Copper and Gold Corp. is pleased to announce the assay results from the Mason Pass prospect surface trenching program, as discussed in the November 10, 2022 press release at its 100%-owned properties at Yerington, Nevada. Lion CG completed this program utilizing funding provided by Rio Tinto as a part of the Stage 1 Work Program. Highlights: At-surface, ore-grade, copper oxide mineralization has been encountered in [...]

Lion Copper and Gold Corp. announces that it has entered into a debt settlement agreement with a creditor dated June 22, 2022 whereby the Company has agreed to issue shares to settle debt in the amount of $100,000 owed to the creditor. The debt was incurred pursuant to an option Agreement between the Company and the creditor dated January 26, 2022. Pursuant to the Agreement the Company will issue 1,212,121 common shares [...]