Lion Copper and Gold Corp. Receives Additional Nuton Funding of US$5,000,000 at the Yerington Copper Project
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Lion Copper and Gold Corp. has secured an additional $5 million in funding from Nuton LLC, a subsidiary of Rio Tinto, for the Yerington Copper Project. This funding is part of an amended Stage 2 Program of Work Agreement aimed at advancing studies and completing the pre-feasibility study (PFS).
November 19, 2024 | 2:15 pm
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Lion Copper and Gold Corp. has received $5 million from Nuton LLC for the Yerington Copper Project, which will support advanced studies and the completion of the pre-feasibility study.
The additional funding from Nuton LLC, a subsidiary of Rio Tinto, is significant for Lion Copper and Gold Corp. as it supports the advancement of the Yerington Copper Project. This financial backing is likely to positively impact the company's stock in the short term as it demonstrates confidence from a major industry player and progresses the project towards completion of the pre-feasibility study.
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