RE:RE:RE:RE:Annual Meeting today - actual opening bid declared? Nasty lil bakport wiping my replies..
let me try this again.. the posters here are not here for NCI.. its a little flat trap..
LEO is a Namesake on the july 17 DIC @ Reno…
I was asked again to vote on the ASM.. I do not hold the stok LEO or QTA - Yukkles
LION COPPER AND GOLD CORP. ANNOUNCES FILING OF PEA TECHNICAL REPORT FOR ITS YERINGTON COPPER PROJECT IN NEVADA
March 12, 2024, Yerington, Nevada and Vancouver, British Columbia — Lion Copper and Gold Corp. (“Lion CG”or the “Company”) (TSX-V: LEO) (OTCQB: LCGMF) is pleased to announce filing of an independent Preliminary Economic Assessment (“PEA”) for the Yerington Copper Project located in Lyon County, Nevada. The PEA was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).
The Company’s news release dated January 30, 2024 (entitled “Lion Copper and Gold Corp. Announces Positive PEA Results for Its Yerington, Nevada Copper Project That Includes the Use of Rio Tinto’s Nuton Technologies”) summarizes key results, assumptions and estimates contained in the PEA. The Company is pleased to report there are no material differences between the key results, assumptions and estimates contained in the PEA and this news release.
This is off the QTA Site
https://www.lioncg.com/article/lion-copper-and-gold-corp-announces-filing-of-pea-technical-report-for-its-yerington-copper-project-in-nevada/
https://www.lioncg.com/
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LION COPPER AND GOLD CORP. ANNOUNCES FILING OF PEA TECHNICAL REPORT FOR ITS YERINGTON COPPER PROJECT IN NEVADA
March 12, 2024, Yerington, Nevada and Vancouver, British Columbia — Lion Copper and Gold Corp. (“Lion CG”or the “Company”) (TSX-V: LEO)
Hilights
Highlights:
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Post-tax NPV7% of $356 million and IRR of 17.4%, calculated at a copper price of $3.85/lb (Table 1)
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Utilization of cutting-edge Nuton technologies for recovering cathode copper from primary sulfide materials, negating the need for concentrator, tailings impoundment and smelter operations
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12-year open pit mine life encompassing operations at Yerington and MacArthur, with projected lifetime copper (Cu) production of 1.4 billion pounds, averaging 117 million pounds per year
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Initial capital expenditure (“CAPEX”) of $413 million including all mine pre-production costs, with sustaining capital of $653 million
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Post-tax payback period of 5.0 years
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Average cash operating costs of $2.20/lb copper payable
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Cumulative cashflow of $1.00 billion post-tax and $1.24 billion pre-tax on base case assumptions
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Exceptionally low overall open pit strip ratio at 0.3:1.0 (waste:feed)
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Synergistic co-location of processing facilities within a single legacy-affected site, servicing both the Yerington Mine and the MacArthur Mine, effectively minimizing environmental impacts in the region
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Dewatering of the Yerington pit lake, involving the pumping of approximately 43,000 acre-feet of water at a cost of $50 million, which not only facilitates pit expansion but also unlocks water for alternative beneficial use in Mason Valley
how this plays out in the DIC is immemeasurable !
Otw – this proxu unlocked QTA Mystery.. that Mine Reserve Report -- this is the forst time I hav seen this… I had sold QTA B4 LEO converted it..
LEO has an office in Yet !
I also find it – after the 2022/23 Yet Mine Expo – eye watering that National (sawtooth) was the principal driller.. thats a Nevada Gold Certified Driller and they were out of elko
ahw – this was or is perfect timing – looking bak in the rear view mirrors..
that pit expansion last line – suggest RIO-Nutron paln to haul that sulfur pile out of threre – blocking any pitt expansion…
july 17 – lets see if we get any news from the shadows w the court proceedings