Lion Copper Gold Announced Monday that it has entered into a earn option agreement with Rio Tinto USA to advance research and exploration of Lion's copper assets in Mason Valley, Nevada.
Under the agreement, Rio is entitled to a 65 per cent interest in the asset, which comprises 34,494 acres of land including the historic Yerington mine, the Greenbelt MacArthur project, the Wassuk property, the Bear deposit, associated water rights and about 20 exploration targets spread across the company's parcel of land.
Rio pral kounye a evalye potansyèl deplwaman komèsyal teknoloji Naton li yo. Naton Technologies ofri teknoloji lesivaj pil kòb kwiv mete, ki te devlope pou amelyore rekiperasyon kòb kwiv mete nan minre min yo ak jwenn aksè nan nouvo resous kwiv, tankou resous sulfid ki ba, osi byen ke pou trete stock ak fatra mineralize.
Konpayi an di ke teknoloji sa yo gen potansyèl pou yo reyalize pèfòmans anviwònman an pi wo atravè itilizasyon dlo ki pi efikas, pi ba emisyon kabòn ak kapasite pou resikle zòn min yo lè yo trete fatra yo.
"This agreement has the potential to both expand the scope and scale of our development and accelerate the pace of initial production," Travis Naugle, Lion Copper and Gold's chief executive, said in a media statement. As managers of Nevada's important copper resources and water rights, we recognize our role in a sustainable and circular economy. If Rio tinto exercises its profitability option, we believe it will improve its quality level and drive the development of its mining assets to become a strategic domestic copper producer with the highest ESG standards and performance. We look forward to continuing to advance the MacArthur project and our other assets at Mason Valley by building constructive relationships with Rio Tinto, the local community, Native American tribes, the state of Nevada and other valuable stakeholders."
In addition to moving forward with the MacArthur copper project based on the recently released mineral resource estimate, Lion Copper Gold intends to focus on resource growth through a comprehensive approach that evaluates the company's asset base and land package expansion.
Teknoloji Naton gen potansyèl pou devlope ekonomikman resous sulfid ki ba -, dechè ki gen kwiv- ak dechè, epi reyalize pi gwo pousantaj rekiperasyon kòb kwiv mete nan oksid ak materyèl tranzisyon, sa ki lakòz pwodiksyon kwiv siyifikativman pi wo pandan y ap diminye. korespondan anprint kabòn, konpayi an te di.
"This agreement will allow us to explore the potential commercial deployment of Naton copper leaching technology in a historic mining area with significant copper resources," said Bode Batar, Chief executive of Rio Tinto Copper Mines. These technologies not only offer Rio tinto the potential to develop more copper, but also provide low-carbon production with significant environmental benefits by reprocessing old stocks and tailings to reduce waste from new and ongoing operations."
Rio tinto pral peye jiska 4 milyon dola nan opsyon salè eksklizif epi li dakò ak lyon Copper ak Gold pou fini travay etid ak evalyasyon Mason Valley anvan 31 desanm 2022.
Aksyon Lion Copper Gold te ogmante 18.75 pousan sou nouvèl la nan komès apremidi sou CVE. Konpayi an gen yon valè sou mache a C 26.5 milyon dola.
