other material
confidence high
sentiment positive
materiality 0.85
Lion Copper & Gold announces maiden MRE for Bear Deposit: 6.71B lbs Indicated, 8.77B lbs Inferred copper
LION COPPER & GOLD CORP.
- Maiden MRE: Indicated 6.71B lbs Cu (1,064 Mt @ 0.29%), Inferred 8.77B lbs Cu (1,770 Mt @ 0.22%) at 0.10% Cu cut-off.
- Resource based on 79 drill holes and 25,825 assays; remains open for expansion and upgrading.
- Bear Deposit is contiguous with Yerington Copper Project, materially expanding district-scale copper endowment.
- Nuton (Rio Tinto subsidiary) holds earn-in right to acquire up to 65% of LLC; DFS and permitting ongoing.
- CEO cites milestone as foundation for future engineering studies and long-term shareholder value creation.