other material
confidence high
sentiment positive
materiality 0.65
Lion Copper drills 864 ft of 0.23% TCu at Yerington; potential to upgrade resource without barge drilling
LION COPPER & GOLD CORP.
- Hole YM-047A: 864 ft of 0.23% TCu (219.5–1,083.5 ft), including 415.5 ft oxide at 0.26% TCu.
- Step-out hole YM-048: 771 ft of 0.20% TCu (499–1,270 ft); mineralization open north and at depth.
- MacArthur drilling: 14 of 18 RC holes hit oxide zones averaging 0.18% TCu; results support resource classification upgrade.
- CEO says additional drilling, including costly barge drilling, may be unnecessary for PFS resource update.
- 17 historic Anaconda holes recovered from archives will also be incorporated into updated resource model.