Lion Copper and Gold

Overview

As governments around the world commit to investments in clean energy, the need for precious and base metals has resulted in unprecedented growth worldwide. Precious and base metals, such as copper, are needed now more than ever before for EV batteries, power grids, wind and solar technologies and EV charging.

Copper is an essential component for the transition towards clean energy and is an innovative solution fusing together energy efficiency, renewables, transportation and smart grids.

The clean energy movement also goes beyond the resource –– it extends to every aspect of a company’s operations. Naturally, companies that supply these metals should be sustainable in the long term, support local communities, care for the environment, build the global economy and accelerate the transition to a low-carbon world in order to productively support the green economy. Not only is investing into ESG-focused companies socially-responsible but it has been shown to reduce portfolio risks and increase returns with greater long-term success. As a result, mineral companies with ESG models will likely attract investors seeking these benefits.

Lion Copper and Gold (TSXV:LEO,OTCQB:LCGMF) is a mineral exploration company focused on the MacArthur Project in Mason Valley, Nevada. The company holds the largest land position in the Mason Valley district, which is home to a large metal endowment with numerous other known copper deposits. Nevada was the top mining jurisdiction in the world in 2020 based on investment attractiveness, according to the Fraser Institute.

As of March 2022, Lion Copper and Gold announced its entering into an option to earn-in agreement with Rio Tinto America (NYSE:RIO) to advance studies and exploration at Lion CG’s copper assets in Mason Valley, Nevada.

The MacArthur project is located 50 miles southeast of Reno, and hosts sulfide resources that are open in most directions with upside potential and high-grade mineralization. The project has a measured and indicated resource of 676 million pounds of contained copper at average grades of 0.21 percent and an inferred resource of 980 million pounds of contained copper at average grades of 0.20 percent. The resource is estimated at cut-off grades of 0.12 TCu percent. MacArthur is a large-scale, low-cost heap leach project with the potential for near term production of pure copper cathode.

Lion Copper and Gold has committed to an ESG model. The company’s “Conservation by Design” approach focuses on environmental sustainability through best practices, sound science and state-of-the-art technology. This approach progresses the company’s mission of water conservation and minimal emissions in the renewable economy. Specifically, Lion Copper and Gold plans to electrify its equipment, generate on-site solar power, recycle water in its processing facilities and invest in other eco-friendly technologies.

The company is currently focused on continuing to advance its MacArthur project through ongoing study and permitting efforts on its copper deposit and exploration of the sulfide resource. Lion Copper and Gold updated its resource estimate in the first quarter of 2022, intends to enhance metallurgical approaches, optimize the production schedule and begin a permitting and execution plan. and complete a pre-feasibility study on the MacArthur project by the third quarter of 2022.

Lion Copper and Gold is led by a highly experienced management team with a track record of success in the mineral exploration industry. Lion Copper and Gold's management team has local mining experience in Nevada as well as the ability to build and finance its flagship asset. The company’s MacArthur project also has support from the local, tribal, state and federal governments.

Company Highlights

• Lion Copper and Gold (TSXV:LEO,OTCQB:LCGMF) is a mineral exploration company focused on developing a portfolio of prospective copper and gold assets in North America.
• The company has the largest land position in the Mason Valley district in the mineral-rich and mining-friendly state of Nevada
• The company has a strong ESG focus with its “Conservation by Design” approach that focuses on environmental sustainability through water conversation and minimal emissions.
• The company’s flagship MacArthur project features a large copper deposit that was previously active in the 1990s.
  • The MacArthur project has a measured and indicated resource of 676 million pounds of contained copper at average grades of 0.21 percent and an inferred resource of 980 million pounds of contained copper at average grades of 0.20 percent.
  • MacArthur is a large-scale, low-cost heap leach project with the potential for near term production of pure copper cathode.
• Lion Copper and Gold executed its agreement with Houston Minerals to acquire an option for 100 percent interest in two British Columbia sites: the Chaco Bear Property and the Ashton Property.
• In early 2022, Lion Copper and Gold announced the acquisition of the Montana Blue Copper-Gold Prospect, 7,400 acres encompassing 14 historic mines, positioned 25 miles away from Helena, Montana, and centered on the late Cretaceous Blackfoot City Stock (BCS). The BCS was intruded into the Black Mountain syncline, composed primarily of a Paleozoic sequence of limestone, dolomite, shale, and sandstone.
• This area crystallized at the same time as the nearby Boulder batholith, which is host to the world-famous Butte copper mines. The deal involved the 7,400 acres staked, encompassing over 14 historic small mines that historically produced high-grade gold, copper, and tungsten.