Lion Copper and Gold Corp. is pleased to announce that it has reached an amicable agreement with Desert Pearl Farms to terminate the contract on the sale of the Company's water rights . In light of the Company's agreement with Rio Tinto, the return of these water rights to the Company are expected to play a critical role in the reclamation and development of the MacArthur and Yerington projects. As a consequence of the [...]
Lion Copper and Gold Corp. is pleased to announce it has reached final agreement with Rio Tinto America Inc. on the scope of the Stage 1 Program of Work referenced in the Parties' March 18, 2022 Option Agreement. See news release dated March 21, 2022 for details. With this key milestone achieved, Rio Tinto will provide funding to the Company in the amount of US$3,750,000 for Mason Valley project development, exploration [...]
Lion Copper and Gold Corp. announces that its annual general meeting of shareholders will be held May 18, 2022 at 10:00 a.m. . This year the Company will provide shareholders with the option to attend the AGM virtually by video conference. Shareholders attending virtually will not have the ability to vote in person and must submit their form of proxy in order to have their shares counted and voted at the meeting [...]
Lion Copper and Gold Corp. is pleased to announce that further to its March 21, 2022 news release, the TSX Venture Exchange has approved the Company's Option to Earn-in Agreement with Rio Tinto America Inc. dated March 18, 2022. Under the Agreement, Rio Tinto has the option to earn up to a 75% interest in the Company's Mason Valley, NV assets, including the historic Yerington mine, greenfield MacArthur Project, Wassuk [...]
Lion Copper and Gold Corp. announces that it has agreed to settle $80,000 of debt with a creditor by issuing 800,000 common shares of the Company at a deemed price of $0.10 per share. The amount of indebtedness represents outstanding amounts owing for services provided to the Company. The issuance of the common shares in connection with the debt settlement is subject to the approval of the TSX Venture Exchange and will be [...]
Lion Copper and Gold Corp. is pleased to announce that, further to its news release dated February 1, 2022, it has completed the assignment of two option agreements to acquire mining claims collectively referred to as the Butte Valley property to 1301666 B.C. Ltd. . Pursuant to the assignment agreement, Lion CG received 16,049,444 common shares of 1301666 BC. Concurrently with the completion of the assignment of the Butte [...]
Lion Copper and Gold Corp. . Dear Shareholders, I would like to express my appreciation for your support of Lion CG and provide an update on our business related to our Mason Valley assets. Lion CG's position in Nevada's Yerington Mining District is strategic, including a large, centrally located land package, topography suitable for district-scale mining infrastructure, and significant exploration upside. We believe that [...]
Lion Copper and Gold Corp. is pleased to announce it has entered into an Option to Earn-in Agreement with Rio Tinto America Inc. to advance studies and exploration at Lion CG's copper assets in Mason Valley, Nevada. Under the agreement, Rio Tinto has the option to earn a 65% interest in the assets, comprising 34,494 acres of land, including the historic Yerington mine, greenfield MacArthur Project, Wassuk property, the [...]
Lion Copper and Gold Corp. is pleased to announce that it has closed its previously announced option agreement with Houston Minerals Ltd. pursuant to which Houston agreed to grant to the Company the option to acquire a 100% interest in the Chaco Bear Property and the Ashton Property which are located in British Columbia . On closing of the Agreement, Lion CG issued 8,000,000 common shares of the Company to Houston and has [...]
Lion Copper and Gold Corp. issues an update to prior news releases dated October 21, 2021 and January 31, 2022 to confirm the final terms of its previously announced option agreement with Houston Minerals Ltd. to acquire a 100% interest in the Chaco Bear Property and the Ashton Property located in British Columbia, Canada . The term of the Agreement has been extended from a four year period to a ten year period, and the [...]
Lion Copper and Gold Corp. is pleased to announce the appointment of Mr. Steven Dischler, P.E., as Vice President, ESG for the Company. Mr. Dischler is a highly experienced ESG executive with over 40 years' experience in the environmental, reclamation and natural resources sectors. His recent experience includes over thirteen years working on legacy and new mining projects in the historic Yerington Copper District. In [...]
Lion Copper and Gold Corp. is pleased to announce that further to its news release dated January 13, 2022, it has filed on SEDAR a National Instrument 43-101 Technical Report for the Company's MacArthur Copper Project located in Mason Valley, Nevada. The NI 43-101 technical report is entitled "Mineral Resource Estimate for the MacArthur Copper Project, Mason Valley, Nevada, USA" and is dated February 25, 2022 with an [...]