Commencement Of Yerington Copper Project Pre-Feasibility Study And Drilling Operations

Commencement Of Yerington Copper Project Pre-Feasibility Study And Drilling Operations

YERINGTON, NV – Lion Copper and Gold Corp. reported the commencement of the Stage 2b and Stage 3 Advance Programs of Work in accordance with the agreement between the Company and Nuton LLC, a wholly-owned subsidiary of Rio Tinto. Total funding will advance the flagship Yerington Copper Project through completion of a Pre-Feasibility Study (PFS) and progress permitting and Bear exploration initiatives.

“We are thrilled to commence this fully-funded next phase of advancement at our flagship Yerington Copper Project,” said Travis Naugle, Co-Chairman & CEO. “The Pre-Feasibility Study will systematically derisk key parameters as we hone in on optimal economics using Nuton technologies, while we continue advancing project permitting and Bear exploration initiatives in parallel. Together with Nuton, this sets the stage for the Company to emerge in a clear leadership position among U.S. copper development plays.”