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
- 2026-09-18 07:12:53 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lion Copper and Gold has released 2024 drill results from its Yerington Copper Project in Nevada, highlighting step-out drilling that extends the mineralized footprint. The results, along with 17 newly recovered historic Anaconda holes, will be used to update the mineral resource estimate in preparation for a Pre-Feasibility Study (PFS).
Reasoning: The release reports successful step-out drilling that extends mineralization and provides new historical data to support a resource upgrade for an upcoming PFS.
Positive factors
- Step-out drilling extended the mineralized footprint
- Discovery of 17 additional historic Anaconda holes to support resource update
- Drilling results support resource classification upgrade (Inferred to Indicated)
- QA/QC protocols and certified lab usage disclosed
Facts used in scoring: 5
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling at Yerington Pit discovered an extension of the mineralized footprint compared to the PEA.
Evidence · text
“the four angle drill holes at the Yerington Pit 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 includes details on certified lab (Skyline), blanks, standards, and chain of custody.
Evidence · text
“Commercially prepared certified reference materials and blanks were inserted by the Company”
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: Drilling was targeted to increase sample density to support resource classification upgrade.
Evidence · text
“an increase in drill sample density is expected to support a resource classification upgrade.”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
YM-047AYerington · copperGrade: 0.23Grade Unit: %Intercept: 263.5 mView all detailsHide details
Identity
- Hole ID
- YM-047A
- Project
- Yerington
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LEO
Geometry
- Grade
- 0.23
- Grade Unit
- %
- Intercept
- 263.5 m
- From
- 219.5 m
- To
- 1083.5 m
- Hole Depth
- 1083.5 m
- Intercept Depth
- 219.5 m
Classification
- Sample Type
- drill
- Group ID
- YM-047A:219.5-1083.5
- Mining Method
- open_pit
Location
- Location
- Yerington Pit
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Large intercept of 864 ft (263.5m) at 0.23% TCu extending the footprint.
Positive factors
- Significant step-out intercept
Evidence · text
“YM-047A intercepted oxide, transition and sulfide mineralization as step-out drilling within the PEA pit shell grading 0.23 % TCu from 219.5-1,083.5 (TD) feet (864 ft).”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
YM-047AYerington · copperGrade: 0.26Grade Unit: %Intercept: 126.65 mView all detailsHide details
Identity
- Hole ID
- YM-047A
- Project
- Yerington
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LEO
Geometry
- Grade
- 0.26
- Grade Unit
- %
- Intercept
- 126.65 m
- From
- 219.5 m
- To
- 635 m
- Intercept Depth
- 219.5 m
Classification
- Sample Type
- drill
- Group ID
- YM-047A:219.5-635
- Mining Method
- open_pit
Location
- Location
- Yerington Pit
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Sub-interval of YM-047A representing oxide zone.
Positive factors
- Oxide mineralization intercept
Evidence · text
“YM-047A intercepted 415.5 feet of oxide mineralization grading 0.26% TCu from 219.5 to 635 feet”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
YM-047AYerington · copperGrade: 0.2Grade Unit: %Intercept: 136.7 mView all detailsHide details
Identity
- Hole ID
- YM-047A
- Project
- Yerington
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LEO
Geometry
- Grade
- 0.2
- Grade Unit
- %
- Intercept
- 136.7 m
- From
- 635 m
- To
- 1083.5 m
- Intercept Depth
- 635 m
Classification
- Sample Type
- drill
- Group ID
- YM-047A:635-1083.5
- Mining Method
- open_pit
Location
- Location
- Yerington Pit
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Sub-interval of YM-047A representing sulfide zone.
Positive factors
- Primary sulfide mineralization intercept
Evidence · text
“and 448.5 feet of primary sulfide mineralization grading 0.20% TCu from 635 to 1,083.5 feet.”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
YM-048Yerington · copperGrade: 0.21Grade Unit: %Intercept: 106.07 mView all detailsHide details
Identity
- Hole ID
- YM-048
- Project
- Yerington
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LEO
Geometry
- Grade
- 0.21
- Grade Unit
- %
- Intercept
- 106.07 m
- From
- 499 m
- To
- 847 m
- Intercept Depth
- 499 m
Classification
- Sample Type
- drill
- Group ID
- YM-048:499-847
- Mining Method
- open_pit
Location
- Location
- Yerington Pit
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Sub-interval of YM-048 representing oxide zone.
Positive factors
- Oxide mineralization intercept
Evidence · text
“encountered 348 feet of oxide mineralization grading 0.21% TCu from 499 to 847 feet”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
YM-048Yerington · copperGrade: 0.18Grade Unit: %Intercept: 128.93 mView all detailsHide details
Identity
- Hole ID
- YM-048
- Project
- Yerington
- Commodity
- copper
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- LEO
Geometry
- Grade
- 0.18
- Grade Unit
- %
- Intercept
- 128.93 m
- From
- 847 m
- To
- 1270 m
- Intercept Depth
- 847 m
Classification
- Sample Type
- drill
- Group ID
- YM-048:847-1270
- Mining Method
- open_pit
Location
- Location
- Yerington Pit
- Loc. Confidence
- medium
- Loc. Source
- document
QA/QC
- Laboratory
- Skyline
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2024-09-09T00:00:00.000Z
Reasoning: Sub-interval of YM-048 representing sulfide zone.
Positive factors
- Sulfide mineralization intercept
Evidence · text
“and 423 feet of sulfide mineralization grading 0.18% TCu from 847 to 1,270 feet.”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.