Lion Copper and Gold (TSXV:LEO,OTCQB:LCGMF) focuses 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.
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.
Company Highlights
- Lion Copper and Gold Corporation (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.
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