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Lion Copper and Gold Corp. Receives Nuton Funding Decision of US$11,500,000 to Complete the Yerington Copper Project Prefeasibility Study and Exploration on the Bear Deposit

Lion Copper and Gold Corp. Receives Nuton Funding Decision of US$11,500,000 to Complete the Yerington Copper Project Prefeasibility Study and Exploration on the Bear Deposit

Lion Copper and Gold Corp. 获得 Nuton 的 11,500,000 美元资助决定,以完成耶灵顿铜业项目对熊矿床的预可行性研究和勘探
newsfile ·  2023/12/23 03:32

Yerington, Nevada and Vancouver, British Columbia--(Newsfile Corp. - December 22, 2023) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce that Nuton LLC ("Nuton"), a wholly-owned subsidiary of Rio Tinto, has formally opted into Stage 2b of the Option to Earn-in Agreement, details of which were announced on October 20, 2023.

内华达州耶灵顿和不列颠哥伦比亚省温哥华--(Newsfile Corp.-2023 年 12 月 22 日)- 狮子铜业和黄金公司 (TSXV: LEO) (OTCQB: LCGMF) (”Lion CG“或者”公司“)很高兴地宣布,Nuton LLC(”Nuton“)是力拓的全资子公司,已正式选择加入收益期权协议的第二b阶段,其细节已于2023年10月20日公布。

Stage 2b provides full funding of US$10 million for completion of a pre-feasibility study for the Yerington Copper Project, projected to finish in Q3 2024. Additionally, based on the positive 2023 drilling results previously announced on October 27, 2023, Nuton has provided a further US$1.5 million advance on Stage 3 funding for exploration on certain portions of the Bear deposit. Funds in the amount of US$11.5 million will be deposited into Company accounts by end of December 2023, to be spent against a detailed work scope to be agreed between the parties.

第二阶段b提供1,000万美元的全额资金,用于完成耶灵顿铜业项目的预可行性研究,该研究预计将于2024年第三季度完成。此外,根据先前于2023年10月27日公布的2023年积极钻探结果,Nuton在第三阶段资金中又提供了150万美元的预付款,用于对熊矿床的某些部分进行勘探。到2023年12月底,金额为1150万美元的资金将存入公司账户,用于支付双方商定的详细工作范围。

"We look forward to the nearing completion of the preliminary economic assessment, and are thrilled to initiate a pre-feasibility study evaluating Nuton technologies and their potential to unlock substantial value at our Yerington Copper Project," stated Travis Naugle, co-chairman & CEO of Lion CG. "Additionally, the latest exploration results offer tantalizing evidence that we have only begun to uncover the immense potential of the Bear deposit. With Nuton's support, we will methodically advance both the study and ongoing drilling efforts to demonstrate the exceptional prospects we see emerging here in Nevada."

Lion CG联席董事长兼首席执行官特拉维斯·诺格尔表示:“我们期待初步经济评估即将完成,并很高兴启动一项预可行性研究,评估Nuton技术及其为我们的耶灵顿铜业项目释放巨大价值的潜力。”“此外,最新的勘探结果提供了诱人的证据,表明我们才刚刚开始发现熊矿床的巨大潜力。在Nuton的支持下,我们将有条不紊地推进研究和正在进行的钻探工作,以证明我们在内华达州看到的特殊前景。”

The Company further updates that it has entered into a fourth amendment to the option to purchase agreement with Circle Bar N Ranch, LLC, on a private land parcel adjacent to the Yerington Copper Project that composes part of what the Company refers to as the Bear land package, whereby the Company may exercise its option to purchase for the value of US$12 million on or before June 15, 2025, US$13 million on or before June 15, 2026, or US$14 million on or before June 15, 2027.

该公司进一步更新说,它已与Circle Bar N Ranch, LLC签订了与Circle Bar N Ranch, LLC签订了第四份购买期权协议的修正案,该地块是该公司所谓的熊地一揽子计划的一部分,根据该修正案,公司可以在2025年6月15日当天或之前以1,300万美元的价格行使购买权协议,在2026年6月15日当天或之前以1,300万美元或1400万美元的价格购买期权或在 2027 年 6 月 15 日之前。

About Lion CG (, nuton.tech/partnerships)
Lion Copper and Gold Corp. is a Canadian-based company advancing its flagship copper assets at Yerington, Nevada through an Option to Earn-in Agreement with Nuton LLC, a Rio Tinto Venture.

关于 Lion CG (,nuton.tech/合作伙伴关系)
Lion Copper and Gold Corp. 是一家总部位于加拿大的公司,通过与力拓风险投资公司Nuton LLC签订的期权盈利协议,推进其在内华达州耶灵顿的旗舰铜资产。

About Nuton LLC (nuton.tech)
Nuton is an innovative venture that aims to help grow Rio Tinto's copper business. At the core of Nuton is a portfolio of proprietary copper leach related technologies and capability - a product of almost 30 years of research and development. Nuton offers the potential to economically unlock copper from primary sulfide resources worldwide through leaching, achieving market-leading recovery rates, contributing to an increase in copper production from copper bearing waste and tailings, and achieving higher copper recoveries on oxide and transitional material. One of the key differentiators of Nuton is the potential to produce the world's lowest carbon footprint copper while having at least one Positive Impact at each of our deployment sites, across our five pillars: water, energy, land, materials and society.

关于 Nuton LLC (nuton.tech)
Nuton是一家创新企业,旨在帮助发展力拓的铜业务。Nuton 的核心是铜浸出相关专有技术和能力的产品组合——这是近30年研发的产物。Nuton 具有通过浸出经济地从全球初级硫化物资源中释放铜的潜力,实现市场领先的回收率,促进含铜废物和尾矿的铜产量增加,以及提高氧化物和过渡材料的铜回收率。Nuton 的关键差异化因素之一是有可能生产世界上碳足迹最低的铜,同时在我们的每个部署地点至少产生一项积极影响,涵盖我们的五大支柱:水、能源、土地、材料和社会。

NutonTM Technologies
The NutonTM technologies are proprietary Rio Tinto-developed copper heap leach related processing and modelling technologies, capability and intellectual property.

NutonTM 科技
NutonTM 技术是力拓开发的专有铜堆浸出相关加工和建模技术、能力和知识产权。

On behalf of the Board of Directors,
Stephen Goodman
President

我代表董事会,
斯蒂芬·古德曼
主席

For more information please contact:
Email: info@lioncg.com

欲了解更多信息,请联系:
电子邮件:info@lioncg.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

多伦多证券交易所风险投资交易所及其监管服务提供商(该术语在多伦多证券交易所风险交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。

The technical information in this news release has been reviewed and approved by C. Travis Naugle, QP MMSA, CEO of Lion Copper and Gold Corp. and a qualified person as defined in NI 43-101.

本新闻稿中的技术信息已由狮子铜金公司首席执行官、QP MMSA、NI 43-101中定义的合格人员C. Travis Naugle的审查和批准。

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "expect", or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements with respect to the future exploration activities and anticipated results. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with exploration activity; general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of Lion CG to implement its business strategies; competition; currency and interest rate fluctuations and other risks.

根据适用的证券法,本新闻稿中的某些信息构成前瞻性陈述。本新闻稿中包含的任何非历史事实陈述的陈述均可被视为前瞻性陈述。前瞻性陈述通常用 “可能”、“预期” 或这些术语的否定词和类似表达方式来标识。本新闻稿中的前瞻性陈述包括但不限于有关未来勘探活动和预期结果的陈述。前瞻性陈述必然涉及已知和未知的风险,包括但不限于与勘探活动相关的风险;总体经济状况;不利的行业事件;营销成本;市场损失;未来的立法和监管发展;无法从内部和外部来源获得足够的资本,和/或无法以优惠条件获得足够的资本;Lion CG实施其业务战略的能力;竞争;货币和利率波动以及其他风险。

To view the source version of this press release, please visit

要查看本新闻稿的源版本,请访问

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