Gold Lion Resources Inc. wishes to provide an update on the exploration activities currently underway on its Robber Gulch Property, near Burley, Idaho. Further to its news release of February 10, 2021, the Company completed the first hole of its 2021 Phase II RC drill program and submitted all samples for geochemical analysis. Following completion of the first hole, snowstorms and poor weather conditions lead to the [...]
Gold Lion Resources Inc. is pleased to announce the results of the first hole drilled by the Company on its Robber Gulch Property located near Burley, Idaho. Reverse Circulation drill hole RG-RC-20-01 intersected three separate intervals of stratabound gold mineralization, southeast of the project's Raider Zone . The drill hole was collared 330 meters southeast of trenches RG-TR-20-02 and RG-TR-20-03, prior to the Company [...]
Gold Lion Resources Inc. is pleased to announce that drill crews have successfully mobilized to its Robber Gulch Property in southern Idaho for the second phase of RC drilling on the Raider Zone. The Company's maiden drill program on Robber Gulch began with a single deep hole, completed prior to the holiday break in December of 2020. The first drill hole generated 142 chip samples from a total of 1,240 feet drilled. The [...]
Gold Lion Resources Inc. is pleased to announce the results of a 3D array IP geophysical survey conducted by SJ Geophysics Ltd. of Delta, B.C, on its Erickson Ridge Property located near Elk City, Idaho. The Property is under option from EMX Royalty Corp. The survey successfully highlighted an at surface chargeability anomaly which is strongly coincident with known historical mineralization on the Property. The [...]
Gold Lion Resources Inc. is very pleased to announce a new Carlin-type oxidized gold discovery on its Robber Gulch Property located near Burley. Trench RG-TR-20-03 intersected a broad interval of disseminated oxidized gold mineralization situated along a height of land within the project’s Raider Zone gold-in-soil anomaly. The discovery trench, which remains open in multiple directions, intersected 0.45g/t Au over 174m [...]
December 8, 2020 – Gold Lion Resources Inc. is pleased to announce that drill crews have successfully mobilized to site and the Companies’ inaugural RC drilling program on its Robber Gulch Carlin-type gold Property has officially commenced. The results from Gold Lion’s recently completed trenching program are expected to be received in the coming days. Once received, they will be compiled, interpreted, and released to the [...]
December 8, 2020 – Gold Lion Resources Inc. is pleased to announce that drill crews have successfully mobilized to site and the Companies’ inaugural RC drilling program on its Robber Gulch Carlin-type gold Property has officially commenced. The results from Gold Lion’s recently completed trenching program are expected to be received in the coming days. Once received, they will be compiled, interpreted, and released to the [...]
Vancouver, British Columbia – TheNewswire - December 3rd, 2020 – Gold Lion Resources Inc. is pleased to provide the following corporate update and overview of the Company’s 2020 operational developments. CORPORATE UPDATE - The Company strengthened its board and management team with the appointment of Hannah Jin and Douglas Meirelles to the board of directors as well as Oliver Friesen as Chief Executive Officer and [...]
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 [...]
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