Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.