(TheNewswire)
Vancouver, BC - TheNewswire - May 19, 2023 -Gold Lion Resources Inc.(“Gold Lion” or the “Company”) (CSE:GL) (OTC:GLIOF) (FWB:2BC) announces that it has filed a NI 43-101 Technical Evaluation Report (the “Report”) prepared in accordance with National Instrument 43-101 – Standards for Disclosure of Mineral Projects for its Mia Li-3 Lithium Project, located in the James Bay region of northern Quebec.
The Report is available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at https://goldlionresources.com/
Qualified Persons
The Technical Evaluation Report was prepared by Geologica Groupe-Conseil Inc., and the contents of this news release have been reviewed and approved by:
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Alain-Jean Beauregard, P. Geo. of Geologica Groupe-Conseil Inc., who is an independent Qualified Person as defined by NI 43-101. Mr. Beauregard is responsible for, and has reviewed and approved this news release.
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Daniel Gaudreault, P.Eng. of Geologica Groupe-Conseil Inc., who is an independent Qualified Person as defined by NI 43-101. Mr. Gaudreault is responsible for, and has reviewed and approved this news release.
AboutGoldLionResourcesInc.
GoldLionResourcesInc.isamineralexplorationcompanyactivelyinvolvedintheexplorationofits lithium and precious metals focused portfolio including the Mia Li-3 Lithium, Cuteye and Fairview Properties located in Quebec and British Columbia. For more information please visit: https://goldlionresources.com/.
ONBEHALFOFTHEBOARDOF DIRECTORS
Mark Haywood - Chief Executive Officer
Head Office: 305-1770 Burrard St. Vancouver, British Columbia, V6J3G7
Telephone: +1 (604) 416 0569
Website: www.GoldLionResources.com
Email: mark@GoldLionResources.com
The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
Forward-LookingStatements
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation.Often,butnotalways,forward-lookinginformationandinformationcanbeidentifiedbytheuseofwords such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”,or“believes”,orvariationsofsuchwordsandphrasesorstatethatcertainactions,eventsorresults“may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the Company's expected benefits of the TransactionandopportunitieswhichwillarisefromtheacquisitionoftheProperty.Theforward-lookinginformation reflects management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Such risk factors may include, among others, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation and environmental regulation; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, skilled personnel and supplies; incorrect assessments of the valueofacquisitions;geological,technical,processingandtransportationproblems;changesintaxlawsandincentive programs; failure to realize the anticipated benefits of acquisitions and dispositions; and the other factors. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. Factors that could cause actual results or events to differ materially from current expectations include: (i) adverse market conditions; and (ii) other factors beyond the control of the Company.Newriskfactorsemergefromtimetotime,anditisimpossiblefortheCompany’smanagementtopredict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination offactors, may cause actual results to differ from those contained in anyforward-looking information.Theforward-lookinginformationincludedinthisnewsreleasearemadeasofthedateofthisnewsrelease andtheCompanyexpresslydisclaimsanyintentionorobligationtoupdateorreviseanyforward-lookinginformation whether as a result of new information, future events or otherwise, except as required by applicable law. Additional informationidentifyingrisksanduncertaintiesthatcouldaffectfinancialresultsiscontainedintheCompany’sfilings with Canadian securities regulators, which are available at www.sedar.com.
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