Lion Copper’s Yerington now ranks among Nevada’s largest red metal deposits
An initial resource for Bear deposit establishes it as one of the state’s largest.
Lion Copper & Gold's Bear deposit in Nevada has been classified as one of the state's largest undeveloped red metal resources. The resource estimate indicates about 1 billion indicated tonnes grading 0.29% copper, containing 6.7 billion pounds of copper. Additionally, there are 1.7 billion inferred tonnes grading 0.22% copper, containing 8.7 billion pounds of copper.
Lion Copper and Gold CEO John Banning stated that the Bear deposit provides a strong foundation for future engineering studies and significant opportunities to upgrade and expand the inferred mineral resource through additional drilling. The Bear resource enhances Lion's copper endowment and highlights the exceptional geological potential of the Yerington Copper District.
As a result, Lion's main Yerington project now ranks among Nevada's largest undeveloped copper projects, expanding the company's copper inventory beyond previously outlined reserves and resources. Including reserves from Yerington, Lion's Nevada copper base now totals approximately 19 billion pounds of global contained copper, surpassing Hudbay Minerals' Mason project and Southwest Critical Materials' Pumpkin Hollow project.
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