# Lion Copper and Gold Corp. Announces Positive Mason Valley Exploration Results Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results--e38485c0-e6a0-405b-9f4a-f2723124f5ae Original source: https://money.tmx.com/en/quote/LEO/news/6576604158018671/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results Publisher: tmx Original announcement: 2022-12-13T23:25:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lion Copper and Gold Corp. - Ticker: LEO - Exchange: TSX - Region: Nevada - Primary commodity: Copper - Secondary commodities: None reported - Document categories: Drill results - Extracted: 2026-08-25 19:11:07 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Lion Copper and Gold Corp. has reported positive surface trenching results at the Mason Pass prospect in Nevada, encountering ore-grade copper oxide mineralization. The results include several high-grade intercepts in Trench 1 and Trench 4, with mineralization appearing to extend in multiple directions. Reasoning: Discovery of ore-grade copper oxide at surface via trenching, providing a new target near existing infrastructure. - Positive factor: ore-grade copper oxide encountered at surface - Positive factor: mineralization remains open in multiple directions - Positive factor: QA/QC protocols disclosed including standards and blanks - Negative factor: surface trenching is early-stage exploration Facts used in scoring: 8 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions use of standards and blanks at 50-ft intervals and a chain of custody program. Evidence · text > Commercially prepared standards and blanks were inserted by the Company at 50-ft intervals **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The trenching program identified new mineralization at the Mason Pass prospect. Evidence · text > At-surface, ore-grade, copper oxide mineralization has been encountered in recently excavated trenches at Mason Pass ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Drill Results (8) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results--e38485c0-e6a0-405b-9f4a-f2723124f5ae#fact-drill-facts-0) copper #### Identity - Commodity: copper - Ticker: LEO #### Geometry - Grade: 0.28 - Grade Unit: % - Intercept: 60.96 m - From: 0 m - To: 60.96 m #### Classification - Sample Type: channel - Group ID: Trench-4:0-200 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-12-13T00:00:00.000Z Reasoning: Significant copper oxide intercept in Trench 4. - Positive factor: ore-grade copper oxide Evidence · text > Trench 4 includes 200 ft of 0.28% TCu ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results--e38485c0-e6a0-405b-9f4a-f2723124f5ae#fact-drill-facts-1) copper #### Identity - Commodity: copper - Ticker: LEO #### Geometry - Grade: 0.22 - Grade Unit: % - Intercept: 9.14 m - From: 0 m - To: 200 m #### Classification - Sample Type: channel - Group ID: Trench-4:0-200 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-12-13T00:00:00.000Z Reasoning: High-grade sub-interval in Trench 4. Evidence · text > 30 ft of 0.22% TCu ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results--e38485c0-e6a0-405b-9f4a-f2723124f5ae#fact-drill-facts-2) copper Needs review: ungrounded #### Identity - Commodity: copper - Ticker: LEO #### Geometry - Grade: 0.14 - Grade Unit: % - Intercept: 173.13 m - From: 0 m - To: 568 m #### Classification - Sample Type: channel - Group ID: Trench-4:0-568 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-12-13T00:00:00.000Z Reasoning: Average grade for the full length of Trench 4. Evidence · text > averages 0.14% TCu over the full length of the trench \(568 ft\) ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results--e38485c0-e6a0-405b-9f4a-f2723124f5ae#fact-drill-facts-3) copper #### Identity - Commodity: copper - Ticker: LEO #### Geometry - Grade: 0.7 - Grade Unit: % - Intercept: 6.1 m - From: 50 m - To: 70 m #### Classification - Sample Type: channel - Group ID: Trench-1:50-70 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-12-13T00:00:00.000Z Reasoning: Strong copper grade in Trench 1. - Positive factor: high grade intercept Evidence · text > Trench 1 includes 20 ft of 0.70% TCu ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results--e38485c0-e6a0-405b-9f4a-f2723124f5ae#fact-drill-facts-4) copper Needs review: ungrounded #### Identity - Commodity: copper - Ticker: LEO #### Geometry - Grade: 0.34 - Grade Unit: % - Intercept: 27.43 m - From: 50 m - To: 140 m #### Classification - Sample Type: channel - Group ID: Trench-1:50-140 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-12-13T00:00:00.000Z Reasoning: Significant copper intercept in Trench 1. Evidence · text > 90 ft of 0.34% TCu ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results--e38485c0-e6a0-405b-9f4a-f2723124f5ae#fact-drill-facts-5) copper Needs review: ungrounded #### Identity - Commodity: copper - Ticker: LEO #### Geometry - Grade: 0.14 - Grade Unit: % - Intercept: 118.87 m - From: 50 m - To: 440 m #### Classification - Sample Type: channel - Group ID: Trench-1:50-440 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-12-13T00:00:00.000Z Reasoning: Average grade for Trench 1. Evidence · text > averages 0.14% TCu over 390 ft ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results--e38485c0-e6a0-405b-9f4a-f2723124f5ae#fact-drill-facts-6) copper #### Identity - Commodity: copper - Ticker: LEO #### Geometry - Grade: 0.2 - Grade Unit: % - Intercept: 15.24 m - From: 50 m - To: 100 m #### Classification - Sample Type: channel - Group ID: Trench-2:50-100 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-12-13T00:00:00.000Z Reasoning: Moderate copper intercept in Trench 2. Evidence · text > Trench 2 includes 50 ft of 0.20% TCu ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-and-gold-corp-announces-positive-mason-valley-exploration-results--e38485c0-e6a0-405b-9f4a-f2723124f5ae#fact-drill-facts-7) copper Needs review: ungrounded #### Identity - Commodity: copper - Ticker: LEO #### Geometry - Grade: 0.08 - Grade Unit: % - Intercept: 109.12 m - From: 50 m - To: 408 m #### Classification - Sample Type: channel - Group ID: Trench-2:50-408 #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2022-12-13T00:00:00.000Z Reasoning: Lower average grade for Trench 2. Evidence · text > averages 0.08% TCu over 358 ft ## 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.