- Why Lion CG?
- MacArthur Project
- Pipeline Projects
- ESG
- Stock Info
- Latest News
- Management
- TSX-V: LEO OTCQB: LCGMF 0.0774 1.8421
Empowering a More Sustainable Future through Copper Exploration & Development
Why Lion CG?
Clean Energy Begins with Copper
As the world shifts away from a carbon-based economy, there is unprecedented growth in demand for metals worldwide. In response, Lion CG is leveraging its world class leadership in domestic copper exploration and its potential world class assets to help create a cleaner, brighter future.
It’s not enough to develop the supply of metals that will shape the future—a future that cannot happen without copper; it is imperative to do so in the right way—one that is sustainable long-term, supports local communities, cares for the environment, builds the global economy, and accelerates the transition to a low carbon world.
We’re working hard with our partners, local communities, and governmental agencies to courageously build a future in which our copper enables a better, more sustainable world driven by continued advances in electric vehicle technology, clean, renewable energy sources, and advanced materials for the sake of our communities and our environment.
MacArthur Copper Project
Located in Mason Valley, Nevada, 50 miles southeast of Reno, the MacArthur Project is a large oxide copper deposit which was previously active in the 1990s. In addition to the oxide resource that is the focus of ongoing study and permitting efforts, the MacArthur sulfide resource remains open in most directions and is the subject of ongoing growth through exploration.
With a goal to minimize the carbon footprint of our business as a part of the renewable energy economy, we will evaluate electrification of equipment, on site solar power generation, and other technologies as we advance the MacArthur Project. Water is also a critical resource in the desert climate of Mason Valley, so creative water conservation measures will be incorporated into our project, including recycling water in the processing facilities so that we will be a ‘zero-discharge’ operating mine.
We recognize our responsibility in having the largest land position in the Mason Valley district, which includes a large metal endowment with numerous other known copper deposits. We appreciate that our role in the local community carries the responsibility of good stewardship, which includes constructive engagement with the local tribes.
Mason Valley Exploration Program (Feb. 10, 2023)
PIPELINE PROJECTS
Chaco Bear
We believe that the Chaco Bear property, located directly east of the Golden Triangle of British Columbia, is a compelling analogue to the world-class Eskay Creek gold deposit, and we are actively engaged in further identifying this potential.
Ashton Property
The Ashton property, located near Lytton, British Columbia, represents one of the earliest staked properties in the emerging Spences Bridge Gold Belt, and we believe it to be a prime exploration opportunity, with multiple drill targets already identified.
* All technical reports for the company are available on www.sedar.com
Empowering a More Sustainable World
Sustainability
Clean energy begins with copper and a commitment to sustainable exploration and development of world class assets.
Our Approach
In order to create a more sustainable future, we are committed to sustainable processes that minimize impact on the natural environments and support the communities around them.
Environment
We are committed to an approach we call “Conservation by Design,” applying best practices, sound science, and state-of-the-art technology to the design and operation of our mining projects for minimal emissions and water conservation.
Social
We are committed to creating opportunities and value for the communities in which we work by engaging with them early and often in the mining process.
Governance
We are committed to the guidance of all regulations and the highest standards of safety, environmental, financial, and business ethics.
Reporting
We are committed to transparent engagement with the communities that will drive a process of continuous improvement.
Stock Info
as of March 30 2022:
Shares Issued: 303,306,611
Options: 19,915,000
Warrants: 83,083,504
Fully Diluted: 406,305,115
…..
Market cap:
OTCQB: LCGMF US$16.7M
TSX-V: LEO C$22.7M
30-day avg volume:
OTCQB: LCGMF 2.84M
TSX-V: LEO 3.82M
Latest News
March 3, 2023, Vancouver, British Columbia — Lion Copper and Gold Corp. (“Lion CG”, or the “Company”) (TSX-V: LEO) (OTCQB: LCGMF) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Debenture Financing”) of unsecured convertible debentures (“Debentures”) for gross proceeds of C$1,753,796.50 (US$1,306,172). The Debentures bear interest at the … read more
February 10, 2023, Vancouver, British Columbia — Lion Copper and Gold Corp. (“Lion CG”, or the “Company”) (TSX-V: LEO) (OTCQB: LCGMF) is pleased to announce the commencement of its 2023 exploration program as funded by a US$2,500,000 early advance of the Stage 3 Program of Work with Nuton, a Rio Tinto venture, as referenced in … read more
January 12, 2023, Vancouver, British Columbia — Lion Copper and Gold Corp. (“Lion CG”, the “Company”) (TSX-V: LEO) (OTCQB: LCGMF) is pleased to announce a non-brokered private placement of unsecured convertible debentures (“Debentures”) for gross proceeds of up to US$1,300,000 (C$1,733,333) (the “Offering”). The Debentures will bear interest at the rate of 14% per annum … read more
Management & Directors
C. Travis Naugle
CO-CHAIRMAN, CEO
Mr. Naugle is a seasoned executive and officer in gold, copper, and strategic & critical metals mining companies. He participated in the design, construction, and operation of mining projects in the U.S., Eurasia, Russia, and Asia. His track record includes a focus on environmental and sustainability initiatives in collaboration with local and indigenous peoples, numerous asset- and company-level transactions, negotiating international joint ventures, and securing a bilateral mining treaty between two sovereign nations. A licensed Professional Engineer, Mr. Naugle received his MBA from the University of Chicago Booth School of Business and holds a degree in mining engineering from Montana Tech.
Stephen Goodman
PRESIDENT, DIRECTOR, CFO
Mr. Goodman has been involved as a senior executive, director and investment banker in several hundred million dollars of acquisition, exploration and production financings for mining companies listed on the CSE and TSX-V. After several years at Canaccord Capital, he moved to New York to work as an investment banker working at firms including Casimir Capital, Knight Capital Group, KGS Alpha Capital Markets (now BMO) and StormHarbour Securities LP. Mr. Goodman is a graduate of the University of Western Ontario, attained a Master of Business Administration from the Institut des Hautes Etudes Economiques et Commerciales in France; and Post-Graduate Diploma in Asia Management from Capilano University.
Tom Patton
CO-CHAIRMAN OF THE BOARD
Former President and COO Western Silver; Senior VP Exploration and Business Development, Kennecott; Managing Director South America, Rio Tinto Mining and Exploration. Has worked as a resource exploration geologist for over 40 years. Notably headed the Wester Silver team that discovered and delineated the worlds largest silver reserve, Peñasquito, and subsequently sold it to Glamis Gold (now Goldcorp) for $1.2 billion in 2006; former Executive VP Exploration, Kennecott.
Tony Alford
DIRECTOR
Founder and President of PBA Consultants, Inc., a firm specializing in tax savings and cost reduction services, for many of the fortune 500 companies across the USA; Founded Alford Investments in 1993 focusing on real estate investment properties, pharmacy distribution, food related and natural resource companies; Director of Revett Minerals Inc. in 2009 and 2010.
Thomas Pressello
BOARD MEMBER
Mr. Pressello has been involved in corporate and commercial finance for more than 25 years. He previously worked at one of the largest Canadian banks where he restructured several $100 million plus real estate portfolios, and a Western Canadian real estate merchant bank where he acted as a general partner for several real estate limited partnerships. He is the founder of Active Hedge Capital Inc., a finance advisory firm. He has served as the chief financial officer and president of Pacific Harbour Capital Ltd., and was responsible for the restructuring of the company. Through Active Hedge Capital Inc. Mr. Pressello also assisted with the receivership and sale of a publicly listed alternative fuels business for a TSX listed Toronto merchant bank. Most recently within Active Hedge Capital Inc. Mr. Pressello has been an active key investor into several investment opportunities focused in the high tech, bio tech and real estate areas. Mr. Pressello is a graduate of the Ivey School of Business, University of Western Ontario.