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Lion Copper and Gold Corp LCGMF


Primary Symbol: C.LEO

Metals & Mining Copper
Lion Copper and Gold Corp. is advancing its flagship copper assets at Yerington, Nevada through an option to earn-in agreement with Nuton LLC, a Rio Tinto venture. The Company owns a 100% interest in the MacArthur, Yerington and Wassuk properties and has an option to earn a 100% interest in the Bear property in Nevada. The Yerington Mine Property covers approximately 11 square miles centered on the former Anaconda open pit copper mine. This includes about 2,768 acres of fee simple parcels and patented mining claims as well as 208 unpatented lode and placer claims totaling about 4,300 acres on lands administered by the Bureau of Land Management (BLM). The MacArthur Project consists of about 902 unpatented lode claims and eight placer claims totaling approximately 18,800 acres on lands administered by the United States Department of Interior-BLM. The Bear deposit consists of approximately 2,300 acres of private land. The Wassuk property consists of about 310 unpatented lode claims.


CSE:LEO - Post by User

Lion Copper and Gold Corp
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Post by Betteryear2on May 26, 2022 6:53pm
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Post# 34710644

Lion Copper and Gold Corp. Termination of Water Rights Sale

Lion Copper and Gold Corp. Termination of Water Rights SaleVancouver, British Columbia--(Newsfile Corp. - May 26, 2022) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") 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 (as previously announced in a news release dated February 21, 2021). 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.

Lion Copper and Gold Corp. Announces Termination of Water Rights Sale, Debt Settlement, Grant of Stock Options, and Financing

 

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