Yerington, Nevada--(Newsfile Corp. - September 9, 2024) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") today released assay results from its 2024 exploration drilling program at the Yerington and MacArthur properties, which are part of the Company's Yerington Copper Project. The drill program was completed using Stage 2b funding provided under terms of the Company's agreement with Nuton LLC, a Rio Tinto venture (see December 23, 2023, news release).
2024 Drilling Highlights
The objective of the 2024 Yerington drilling program was to convert as much of the inferred resource as possible to the indicated resource classification so that it can be included in the prefeasibility study ("PFS"). The recently concluded drilling, together with the discovery of an additional 17 historic Anaconda holes that were not included in the January 2024 Preliminary Economic Assessment ("PEA"), are now being incorporated into an updated mineral resource as a key input into the PFS now in process.
Notably, the four angle drill holes at the Yerington Pit discovered an extension of the mineralized footprint compared to what was presented in the PEA. Even with the recent information, the mineralized extent at the Yerington Pit remains open to the north and at depth. The location of the Yerington and MacArthur areas are shown in Figure 1. see & read more on
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