On February 24, 2022, the Company filed a technical report titled “Mineral Resource Estimate” for its MacArthur Project.
On March 18, 2022, the Company entered into an Option to Earn-in Agreement with Rio Tinto to advance studies and exploration at Lion CG’s copper assets in Mason Valley, Nevada (the “Rio Tinto Agreement”). Under the agreement, Rio Tinto has the exclusive option to earn a 65% interest in the assets comprising Yerington, MacArthur, Wassuk, Bear, and associated water rights (the "Mining Assets").
In addition, Rio Tinto will evaluate the potential commercial deployment of its Nuton™ technologies at the site. |