Lion Copper and Gold: PFS Update Unveils Project Enhancements

Lion Copper and Gold Corp. (CSE: LEO, OTCQB: LCGMF) has provided an update on its Yerington Copper Project Pre-Feasibility Study (PFS), which is on track for completion in June 2025. The study is funded by Nuton's Stage 2c funding and builds upon the March 2024 Preliminary Economic Assessment (PEA). Key advancements highlighted in the PFS update include metallurgical improvements, environmental and permitting progress, and exploration successes.

Metallurgical advancements have been a significant focus of the PFS update. Lion Copper and Gold has made progress in improving copper recovery and reducing acid consumption using Rio Tinto's Nuton process. This technology has the potential to enhance the project's overall feasibility and profitability by increasing copper production and lowering operating costs. Additionally, ongoing heap leach metallurgical optimization and testing aim to further boost the efficiency of the heap leach process, leading to higher copper recovery rates and lower processing costs.

The PFS update also addresses environmental and permitting concerns through various studies and assessments. The company has completed a water treatment evaluation and hydrogeological assessments to ensure compliance with environmental regulations and minimize the project's impact on local water resources. Infrastructure design and facility siting have been optimized to reduce environmental impact and ensure compliance with regulations. Mine optimization studies aim to improve the project's efficiency and reduce its environmental footprint, further enhancing its long-term sustainability.

Exploration drilling at the Yerington and MacArthur mines has resulted in significant copper mineralization, with 9,491 ft of resource drilling completed. These results have increased confidence in updating the resource block models and Mineral Resource Estimates (MREs) for the PFS. Additionally, exploration drilling at the Bear Deposit has provided valuable insights into the mineralization and potential for future development.



In conclusion, Lion Copper and Gold's PFS update highlights significant advancements in metallurgical improvements, environmental and permitting progress, and exploration successes. These enhancements contribute to the project's overall feasibility and potential profitability, while addressing environmental concerns and minimizing potential risks and delays. As the PFS update is still in progress, investors should monitor the company's developments and await the final results to make informed decisions about their investments.