Gold Lion Resources Inc. is pleased to announce it has completed its Phase I trenching program on its Robber Gulch Carlin-type gold Property located near Burley, Idaho. A total of four trenches were completed covering a combined 700m in total length. An effort was made to collect an even volume of bedrock along each continuous 3-meter interval, in order to minimize bias in the chip sampling. - TRENCH-20-001 is 400m in [...]
Gold Lion Resources Inc. is pleased to announce the results of its 2020 soil and rock sampling program on its South Orogrande Property and its recently acquired Doc, Majestic, Mammoth and Red Cloud Properties located near Dixie, Idaho. The South Orogrande Property is under option from EMX Royalty Corp., and the Dixie Properties are 100% owned by Gold Lion . A total of 76 rock grab samples and 1158 soil samples were [...]
Gold Lion Resources Inc. is pleased to announce it has received a notice from the Bureau of Land Management allowing up to 5 drill sites and 2500 feet of trenching on its Robber Gulch carlin-type gold Property located near Burley, Idaho. The Company has successfully mobilized an excavator and crews to site and trenching will begin immediately. The results of the program will aid the Company in selecting high priority [...]
Gold Lion Resources Inc. is pleased to announce the closing of its marketed short form prospectus offering pursuant to which the Company issued 6,666,667 units of the Company at a price of $0.45 per Unit for gross proceeds of $3,000,000.15. Each Unit consists of one common share of the Company and one common share purchase warrant entitling the holder to purchase one common share of the Company at a price of $0.60 per [...]
Gold Lion Resources Inc. is pleased to announce that it has filed a technical report pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects for the Company's Erickson Ridge Property located in Idaho, USA . Brian T. Brewer, C.P.G, M.Sc., a "Qualified Person" under NI 43-101 and independent of the Company, authored the Technical Report. A copy of the Technical Report is available under the [...]
Gold Lion Resources Inc. is pleased to announce that it has filed and obtained a receipt for a preliminary short form prospectus with respect to an offering of units at a price of $0.45 per Unit for gross proceeds of up to $5,000,000. Each Unit will consist of one common share of the Company and one common share purchase warrant entitling the holder to purchase one common share of the Company at a price of $0.60 per [...]
Gold Lion Resources Inc. is pleased to announce it has filed a notice level application to the Bureau of Land Management for 5 drill sites and 2500 feet of trenching on its Robber Gulch oxide gold Property located near Burley, Idaho. The permits are expected to be received within 10 business days based on the simple permitting process associated with BLM land in the state of Idaho. Upon receipt of permits, the Company [...]
Gold Lion Resources Inc. is pleased to announce additional results from the Phase II infill soil sampling program on its Robber Gulch oxide gold Property located near Burley, Idaho. The Property is under option from EMX Royalty Corp. The Phase II program was designed to infill the highest tenor Au-in-soil anomalies identified by the earlier Phase I program . Based on the encouraging results, the Company is preparing its [...]
Gold Lion Resources Inc. is pleased to announce additional results from the Phase II infill soil sampling program on its Robber Gulch oxide gold Property located near Burley, Idaho. The Property is under option from EMX Royalty Corp. The Phase II program was designed to infill the highest tenor Au-in-soil anomalies identified by the earlier Phase I program . Based on the encouraging results, the Company is preparing its [...]
Gold Lion Resources Inc. is pleased to announce the results of a 2020 IP survey conducted by SJ Geophysics of Delta, B.C., on its South Orogrande gold-silver Property located near Dixie, Idaho. The Property is under option from EMX Royalty Corp. The results of the IP demonstrate a >2km long resistivity low corridor which is approximately coincident with a gold-in-soil anomaly on the Property's X-Zone. The results [...]
Gold Lion Resources Inc. is pleased to announce that further to the news release dated July 9, 2020, it has closed the previously announced agreement to acquire, through the purchase of a private Idaho corporation, four additional gold properties which lie to the south of Gold Lion's South Orogrande property located near Dixie, Idaho. The Company acquired all issued and outstanding shares of the Idaho company in exchange [...]
Gold Lion Resources Inc. announces the issuance of 50,000 common shares at a price of $0.57 per common share to a service provider in respect of the provision of various services, including but not limited to marketing and media advisory services, media creation and production. The common shares issued today are subject to a statutory four-month hold period in accordance with applicable securities laws, which will expire [...]