Lion Copper Corp. has filed an independent technical report supporting the maiden Mineral Resource Estimate (MRE) for its Bear Deposit, located within the Yerington Copper District in Lyon County, Nevada. The filing, dated September 14, 2026, and effective July 21, 2026, was prepared in accordance with National Instrument 43-101 and was submitted to the U.S. Securities and Exchange Commission on September 14, 2026.
The report details a maiden MRE for the Bear Deposit, which includes an Indicated Resource of 6.71 billion pounds of contained copper (1,064 million tonnes at 0.29% copper) and an Inferred Resource of 8.77 billion pounds of contained copper (1,770 million tonnes at 0.22% copper). The company notes that the deposit is contiguous with its Yerington Copper Project.
Lion Copper Corp. is advancing the Yerington Copper Project through a Definitive Feasibility Study and permitting process, with completion scheduled for the first quarter of 2027. The project is planned to produce refined LME Grade A copper cathode for the domestic U.S. market. The company cautions that Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
The technical report was prepared by Qualified Persons Tim Maunula, P.Geo., Principal Geologist at AGP Mining Consultants Inc., and Michael McGlynn, SME-RM, QP, Principal Metallurgical Engineer at Samuel Engineering. The report is available on the company's website at LionCG.com.
