TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Lion Copper and Gold ( (TSE:LEO) ) just unveiled an announcement.
Lion Copper and Gold Corp. has secured a US$31 million investment from Nuton LLC, a subsidiary of Rio Tinto, to advance the Yerington Copper Project in Nevada. This funding will support a Definitive Feasibility Study, mine permitting, and the deployment of Nuton’s bio-heap-leach copper extraction technology, positioning the project for potential production and contributing to the domestic copper supply chain. This milestone reflects confidence in the project’s potential as a significant copper-producing district and aligns with the rising demand for innovative and low-impact copper solutions.
More about Lion Copper and Gold
Lion Copper and Gold Corp. is a junior mining company focused on advancing its Yerington, MacArthur, and Bear projects in Lyon County, Nevada. The company aims to accelerate production from its Yerington Copper Project using modern processing technologies, benefiting from a long-life, low-strip-ratio, brownfield advantage.
YTD Price Performance: 66.67%
Average Trading Volume: 38,876
Technical Sentiment Signal: Hold
Current Market Cap: C$51.65M
For detailed information about LEO stock, go to TipRanks’ Stock Analysis page.