# Lion Copper & Gold Announces Maiden Mineral Resource Estimate for the Bear Deposit Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lion-copper-gold-announces-maiden-mineral-resource-estimate-for-the-bear-deposit--4259707c-85a7-413b-ac54-f83655a7fee5 Original source: https://finance.yahoo.com/markets/commodities/articles/lion-copper-gold-announces-maiden-123000705.html Publisher: yahoo\_press Original announcement: 2026-08-04T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-22T02:32:07.986Z Atlas analysis updated: 2026-09-22T02:32:07.986Z - Company: Lion Copper & Gold Corp. - Ticker: LEO - Exchange: CSE - Region: Nevada - Primary commodity: Copper - Secondary commodities: None reported - Document categories: Resource update - Extracted: 2026-09-22 02:32:08 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Lion Copper & Gold has announced its maiden Mineral Resource Estimate for the Bear Deposit at the Yerington Copper Project in Nevada. The estimate includes an Indicated Resource of 1,064 Mt at 0.29% Cu and an Inferred Resource of 1,770 Mt. Reasoning: The announcement of a maiden MRE for the Bear Deposit establishes a massive copper resource base, providing a significant de-risking milestone for the Yerington Copper Project. - Positive factor: Maiden resource establishment - Positive factor: Significant tonnage scale - Positive factor: Large contained copper metal Facts used in scoring: 2 ## Classification and evidence **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: This is the first formal MRE for the Bear Deposit. Evidence · text > announce its maiden Mineral Resource Estimate \("MRE"\) for the Bear Deposit ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-gold-announces-maiden-mineral-resource-estimate-for-the-bear-deposit--4259707c-85a7-413b-ac54-f83655a7fee5#fact-resource-facts-0) Bear Deposit · copper #### Identity - Project: Bear Deposit - Commodity: copper - Region: usa\_nv - Reported Region: Nevada - Ticker: LEO #### Resource scope - Estimate type: resource - Resource group id: resource:7edec2ba244f5b225115 - Deposit or zone: Bear Deposit #### Resource Data - Category: indicated - Tonnes: 1064000000 - Grade: 0.29 - Grade Unit: % - Contained Metal: 6710000000 - Contained Unit: lb #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-04T00:00:00.000Z Reasoning: Significant indicated copper resource established for the first time. - Positive factor: Large scale indicated resource Evidence · text > Indicated Resource of 6.71 billion pounds of contained copper \(1,064 Mt @ 0.29% Cu\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/lion-copper-gold-announces-maiden-mineral-resource-estimate-for-the-bear-deposit--4259707c-85a7-413b-ac54-f83655a7fee5#fact-resource-facts-1) Bear Deposit · copper #### Identity - Project: Bear Deposit - Commodity: copper - Region: usa\_nv - Reported Region: Nevada - Ticker: LEO #### Resource scope - Estimate type: resource - Resource group id: resource:87c48ea9c899328d4fc8 - Deposit or zone: Bear Deposit #### Resource Data - Category: inferred - Tonnes: 1770000000 - Grade: 0.29 - Grade Unit: % - Contained Metal: 8770000000 - Contained Unit: lb #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-04T00:00:00.000Z Reasoning: Large scale inferred resource provides significant upside but carries lower geological confidence. - Positive factor: Massive inferred tonnage - Negative factor: Speculative category Evidence · text > Inferred Resource of 8.77 billion pounds of contained copper \(1,770 Mt @... #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release ## 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.