# Lion Copper and Gold Announces Drill Results at Yerington Copper Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lion-copper-and-gold-announces-drill-results-at-yerington-copper-project--cbe77d10-1d52-4bc7-b793-d3acd9efa65c

Original source: https://money.tmx.com/en/quote/LEO/news/8972067201109310/lion-copper-and-gold-announces-drill-results-at-yerington-copper-project

Publisher: tmx

Original announcement: 2024-09-09T13:00:00.000Z

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, Resource update

- Extracted: 2026-09-18 07:12:53 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Step-out drilling extended the mineralized footprint

- Positive factor: Discovery of 17 additional historic Anaconda holes to support resource update

- Positive factor: Drilling results support resource classification upgrade \(Inferred to Indicated\)

- Positive factor: QA/QC protocols and certified lab usage disclosed

Facts used in scoring: 5

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Drilling**

Polarity: neutral

Definition: 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-047A

[Link to this fact](https://atlas-extractions.minestarters.com/news/lion-copper-and-gold-announces-drill-results-at-yerington-copper-project--cbe77d10-1d52-4bc7-b793-d3acd9efa65c#fact-drill-facts-0)

Yerington · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

### YM-047A

[Link to this fact](https://atlas-extractions.minestarters.com/news/lion-copper-and-gold-announces-drill-results-at-yerington-copper-project--cbe77d10-1d52-4bc7-b793-d3acd9efa65c#fact-drill-facts-1)

Yerington · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

### YM-047A

[Link to this fact](https://atlas-extractions.minestarters.com/news/lion-copper-and-gold-announces-drill-results-at-yerington-copper-project--cbe77d10-1d52-4bc7-b793-d3acd9efa65c#fact-drill-facts-2)

Yerington · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

### YM-048

[Link to this fact](https://atlas-extractions.minestarters.com/news/lion-copper-and-gold-announces-drill-results-at-yerington-copper-project--cbe77d10-1d52-4bc7-b793-d3acd9efa65c#fact-drill-facts-3)

Yerington · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

### YM-048

[Link to this fact](https://atlas-extractions.minestarters.com/news/lion-copper-and-gold-announces-drill-results-at-yerington-copper-project--cbe77d10-1d52-4bc7-b793-d3acd9efa65c#fact-drill-facts-4)

Yerington · copper

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 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

## 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.
