Lion Copper & Gold reports maiden Bear deposit resource of 6.71 billion lbs indicated copper in Nevada - LCG News | RalliesLion Copper & Gold reports maiden Bear deposit resource of 6.71 billion lbs indicated copper in Nevada
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LCG• Nuton earn-in arrangement
- Bear included in the Mining Assets under Nuton’s earn-in, allowing an option to acquire at least 65% in a new LLC.
Maiden resource at Bear Deposit
- Lion Copper & Gold reported a maiden mineral resource estimate for the Bear Deposit at its Yerington Copper Project in Nevada.
- Indicated resource: 1,064 Mt at 0.29% Cu, or 6.71 billion lbs contained copper; inferred: 1,770 Mt at 0.22% Cu, or 8.77 billion lbs.
- Resource constrained within an open-pit shell using a 0.10% Cu cut-off; based on net copper price of USD 4.22/lb, 75% recovery.
- Model built from 79 drill holes, 25,825 assays; database cut-off Dec. 31, 2024; effective date July 21, 2026.
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