Gold Lion Resources Inc. is pleased to announce that further to the news release dated July 9, 2020, it has closed the previously announced agreement to acquire, through the purchase of a private Idaho corporation, four additional gold properties which lie to the south of Gold Lion's South Orogrande property located near Dixie, Idaho. The Company acquired all issued and outstanding shares of the Idaho company in exchange [...]
Gold Lion Resources Inc. announces the issuance of 50,000 common shares at a price of $0.57 per common share to a service provider in respect of the provision of various services, including but not limited to marketing and media advisory services, media creation and production. The common shares issued today are subject to a statutory four-month hold period in accordance with applicable securities laws, which will expire [...]
Gold Lion Resources Inc. is pleased to announce that it has entered into an agreement to acquire, through the purchase of a private Idaho corporation, four additional gold properties which lie to the south of Gold Lion's South Orogrande property located near Dixie, Idaho. The additional land holdings compliment the Company's recent acquisition of 40 additional lode claims at South Orogrande, as previously announced in its [...]
Gold Lion Resources Inc. is pleased to announce the results of its 2020 rock sampling program on its Robber Gulch oxide gold Property located near Burley, Idaho. The Property is under option from EMX Royalty Corp. The results of the sampling demonstrate a >2km strike length of gold mineralized rock at surface grading up to 6.49 g/t Au1. This represents the highest gold values in rock samples collected from the property to [...]
Gold Lion Resources Inc. is pleased to announce it has staked an additional ground adjoining to the southwest of its Robber Gulch gold Property located near Burley, Idaho, as a result of its recently completed work program that showed the gold-in-soil anomaly extending off the original claim block. The gold-in-soil anomaly trends to the south underneath a thin cover of post-mineral volcanic rocks and emerges again south [...]
Gold Lion Resources Inc. is pleased to announce the results of its initial soil sampling program on its Robber Gulch gold Property located near Burley, Idaho. The Property is under option from EMX Royalty Corp. The results reveal a strong Au+-As+-Sb+-Hg+-Tl geochemical anomaly, typical of Carlin-type gold systems, within a prospective sequence of Pennsylvanian-Permian calcareous rocks known as the Oquirrh Formation, which [...]
Gold Lion Resources Inc. is pleased to announce that it has mobilized exploration crews to its Erikson Ridge and South Orogrande gold projects located near Elk City, Idaho. The properties are under option from EMX Royalty Corp. During the upcoming work program, phase I high-resolution Volterra 3D array IP surveys will be completed on both Projects. Immediately following the geophysical programs, a geochemical sampling [...]
Gold Lion Resources announced today that it has amended its option agreement dated December 10, 2018 respecting its Fairview Property. Gold Lion and the optionors have agreed to amend the Option Agreement so that, instead of Gold Lion being required to make a minimum of $125,000 of exploration expenditures on the Property in 2020, Gold Lion has instead fulfilled this obligation by issuing an aggregate of 255,320 common [...]
In a release issued under the same headline earlier today by Gold Lion Resources Inc. the Company announced closing a non-brokered private placement financing for gross proceeds of $1,000,000. The Company issued 2,000,000 Units under the financing . The corrected release follows: Vancouver, British Columbia / May 22, 2020 - Gold Lion Resources Inc. is pleased to announce that it has closed a non-brokered private placement [...]
Gold Lion Resources is pleased to announce that it has closed a non-brokered private placement financing with one subscriber for gross proceeds of $1,000,000. Under the financing, the Company issued 1,000,000 units, each Unit consisting of one common share and one common share purchase warrant exercisable for an additional common share at $0.75 for two years from the date of issuance. The Company will use the proceeds of [...]
Gold Lion Resources announced that it has issued an aggregate of 650,000 stock options. Each option is exercisable at a price of $0.45 per share, expires five years from the date of grant, vests immediately and is subject to a four month hold period. About Gold Lion Resources Inc. Gold Lion Resources Inc. is a mineral exploration company actively involved in the exploration of its precious metal focused portfolio [...]
Gold Lion Resources Inc. is pleased to announce that it has submitted drill permit applications for its South Orogrande and Erikson Ridge gold projects located near Elk City, Idaho, to the local United States National Forest Service division. The proposed permit applications would allow Gold Lion to establish up to 50 drill sites at South Orogrande, and up to 62 drill sites at Erikson Ridge. Both permit applications fall [...]
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