Gold Lion Resources Inc. is pleased to announce that it has appointed Mr. Steven Hong to its board of directors. Mr. Hong is an Ontario based lawyer with a focus in the areas of Commercial Law and Civil Litigation. He is fluent in both English and Korean and has a strong connection to the Korean-Canadian community in Toronto. In 2016, he co-founded a health beverage company in Seoul, South Korea. As a co-founder, he [...]
Gold Lion Resources Inc. announces that it has signed a binding letter of intent dated May 5, 2022 with 1000173975 Ontario Inc. in respect of a proposed transaction , whereby the Company would acquire all of the issued and outstanding securities of OntarioCo by way of a share exchange agreement. OntarioCo's principal asset and undertaking is its interest in the Black Lake Mineral Property, which is located in Saskatchewan [...]
Gold Lion Resources Inc. is pleased to report the results of a Fall 2021 soil sampling program completed on it's Erickson Ridge Property . The Property is located along the Orogrande Shear Zone near Elk City, Idaho. Previous soil sampling completed in 2019 by Bronco Creek Exploration, a subsidiary of EMX Royalty Corp., returned an anomalous gold-in-soil value of 101 ppb on a reconnaissance soil line located approximately [...]
Gold Lion Resources Inc. announces the final results of abandoned drill hole SO-01 on it's South Orogrande Property which was stopped short of intersecting its target, due to drilling challenges. The hole was drilled at a shallow dip of -45° and was designed to test the newly defined Horseshoe Bend target located within the Property's X Zone. The hole was prematurely terminated by the contractor at 881 feet [...]
Gold Lion Resources Inc. announces that the 2021 drill program on it's South Orogrande Property has been completed, and all samples have now been received at the lab. The Property is located along the Orogrande Shear Zone near Dixie, Idaho. The Company's inaugural drilling program on the Property was challenged by a large wildfire which resulted in a late Fall start, followed by severe supply chain disruptions and a lack [...]
Gold Lion Resources Inc. is pleased to provide a brief update on the Company's ongoing exploration drilling program at its South Orogrande Property located near Dixie, Idaho . The Company's inaugural drilling program on the Property is designed to test the newly defined Horseshoe Bend target located within the Property's X Zone. Drilling is currently progressing on the first deep hole, SO-01, which has intersected [...]
Gold Lion Resources Inc. reports that the Dixie-Jumbo fire evacuation order has been lifted and a core drilling rig has been mobilized to the Company's South Orogrande Property near Dixie, Idaho to test the newly-defined Horseshoe Bend target, delineated within the Property's X Zone. Soil sampling, geological mapping and geophysical work carried out over the past two field seasons has identified a strong gold-silver [...]
Gold Lion Resources Inc. reports that the 43,225 acre Dixie-Jumbo wildfire, currently burning near the town of Dixie, Idaho is now 60% contained and the Company is preparing an aggressive exploration program to resume once the evacuation order has been lifted. Over 5,000 soil samples and 2,000 meters of diamond drilling are planned to commence once it is safe to return to the area. The full closure order, including a map [...]
Gold Lion Resources Inc. reports that its exploration crews have been safely evacuated from its South Orogrande project, near Dixie, Idaho, due to the ~15,000-acre Dixie-Jumbo wildfire, currently burning immediately east and west of the community of Dixie. Extreme hot and dry conditions are forecasted to continue for the coming weeks and an area closure is in effect for public safety on the Red River Ranger District. The [...]
Gold Lion Resources Inc. is pleased to announce that it has mobilized soil sampling crews to its Erickson Ridge and South Orogrande Properties located near Elk City, Idaho. The Properties are under option from EMX Royalty Corp. and encompass several new showings as well as past-producing gold mines which operated throughout the early 1900's and to the best of the Company's knowledge, prior to 2020 have not been explored [...]
Gold Lion Resources Inc. announces that it has issued an aggregate of 85,000 incentive stock options to a director of the Company at a price of $0.22 per common share for a period of five years, pursuant to its Stock Option Plan. 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 including the South [...]
Gold Lion Resources Inc. announces that it has issued an aggregate of 85,000 incentive stock options to a director of the Company at a price of $0.225 per common share for a period of five years, pursuant to its Stock Option Plan. 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 including the South [...]
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