Lion Copper and Gold Announces Drill Results at Yerington Copper Project
Original announcement by tmx on
- Company
- Lion Copper and Gold Corp.
- Ticker
- LEO
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Copper
- Secondary commodities
- None reported
- Document categories
- Drill results, Resource update
- Extracted
- 2026-08-25 19:05:22 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lion Copper and Gold has announced 2024 drill results from its Yerington Copper Project in Nevada, highlighting step-out drilling that extends the mineralized footprint. The results, including a significant 864 ft intercept in hole YM-047A, will be used to update the mineral resource estimate for an upcoming Pre-Feasibility Study.
Reasoning: Successful step-out drilling at Yerington Pit has extended the known mineralized footprint and provides data for a resource upgrade to support an upcoming PFS.
Positive factors
- Step-out drilling extended the mineralized footprint
- High-quality QA/QC disclosure including certified lab and QP sign-off
- Drilling supports resource classification upgrade (Inferred to Indicated)
Negative factors
- Grades are relatively low (0.23% TCu) typical of large-scale porphyry systems
Facts used in scoring: 6
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling at YM-047A and YM-048 extended the mineralized footprint compared to the PEA.
Evidence · text
“discovered an extension of the mineralized footprint compared to what was presented in the PEA”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release details lab (Skyline), methods (blanks, standards), and QP sign-off.
Evidence · text
“Commercially prepared certified reference materials and blanks were inserted by the Company”
Extracted facts
Stored fact records: 6. Some facts used in scoring do not have a stored record.
Drill Results (6)
YM-047AYerington Copper Project · copperGrade: 0.23Grade Unit: % TCuIntercept: 263.35 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- YM-047A
- Project
- Yerington Copper Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LEO
Geometry
- Grade
- 0.23
- Grade Unit
- % TCu
- Intercept
- 263.35 m
- From
- 66.9 m
- To
- 330.3 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- YM-047A:66.9-330.3
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Significant step-out intercept extending the mineralized footprint.
Positive factors
- Step-out extension
YM-047AYerington Copper Project · copperGrade: 0.26Grade Unit: % TCuIntercept: 126.65 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- YM-047A
- Project
- Yerington Copper Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LEO
Geometry
- Grade
- 0.26
- Grade Unit
- % TCu
- Intercept
- 126.65 m
- From
- 66.9 m
- To
- 193.55 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- YM-047A:66.9-193.55
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Oxide mineralization intercept within the step-out hole.
YM-047AYerington Copper Project · copperGrade: 0.2Grade Unit: % TCuIntercept: 136.7 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- YM-047A
- Project
- Yerington Copper Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LEO
Geometry
- Grade
- 0.2
- Grade Unit
- % TCu
- Intercept
- 136.7 m
- From
- 193.55 m
- To
- 330.25 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- YM-047A:193.55-330.25
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Primary sulfide mineralization intercept.
YM-048Yerington Copper Project · copperGrade: 0.2Grade Unit: % TCuIntercept: 234.99 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- YM-048
- Project
- Yerington Copper Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LEO
Geometry
- Grade
- 0.2
- Grade Unit
- % TCu
- Intercept
- 234.99 m
- From
- 152.1 m
- To
- 387.09 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- YM-048:152.1-387.09
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Northern step-out drilling extending mineralization.
Positive factors
- Step-out extension
YM-048Yerington Copper Project · copperGrade: 0.21Grade Unit: % TCuIntercept: 106.08 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- YM-048
- Project
- Yerington Copper Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LEO
Geometry
- Grade
- 0.21
- Grade Unit
- % TCu
- Intercept
- 106.08 m
- From
- 152.1 m
- To
- 258.18 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- YM-048:152.1-258.18
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Oxide mineralization intercept.
YM-048Yerington Copper Project · copperGrade: 0.18Grade Unit: % TCuIntercept: 128.95 mNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- YM-048
- Project
- Yerington Copper Project
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- LEO
Geometry
- Grade
- 0.18
- Grade Unit
- % TCu
- Intercept
- 128.95 m
- From
- 258.18 m
- To
- 387.13 m
Classification
- Program
- resource
- Sample Type
- drill
- Group ID
- YM-048:258.18-387.13
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- blanks, standards
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Sulfide mineralization intercept.
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.