Announcement • Mar 30
Panther Minerals Inc. Announces Board of Directors Changes , Effective March 29, 2026 Panther Minerals Inc. announced the appointment of Mr. Rick Mah, CPA, CFA, to its Board of Directors, effective March 29, 2026 . Mr. Mah was recently appointed as the Company's Chief Financial Officer and Corporate Secretary on March 17, 2026. He brings more than 25 years of corporate finance experience across public and private companies, with deep expertise in capital markets, financial reporting, and strategic transactions. Mr. Mah has supported financing initiatives raising in excess of $700 million and has been involved in transactions ranging from early-stage financings to multi-billion-dollar strategic initiatives. In addition to his role with the Company, Mr. Mah currently serves as Chief Financial Officer of Arctic Fox Lithium Corp. and as Chief Financial Officer and Corporate Secretary of UraniumX Discovery Corp. His extensive experience with publicly listed issuers and strong background in governance and financial oversight will be a valuable addition to the Company's Board as it continues to advance its strategic objectives. The Company also announces that Mr. David Beck has resigned as a director of the Company, effective March 29, 2026. The Company thanks Mr. Beck for his contributions and wishes him well in his future endeavours. Announcement • Feb 21
Panther Minerals Inc. Announces Initiation of Exploration Activities on its East Brouillan Copper Property Panther Minerals Inc. announced the initiation of exploration activities on its East Brouillan Copper Property (the "EB Property"). The EB Property comprises a package of 14 claims, covering approximately 778 hectares of ground situated in the northern part of the late Archean Abitibi greenstone belt of Quebec on the eastern flank of the Brouillan Volcanic Complex, adjacent to the Brouillan tonalitic batholite which is a large syn-volcanic intrusion that is overlain by a coeval sequence of calc-alkaline to transitional mafic to felsic volcanics and tuffs. This complex is a significant member of the mineral-rich northwestern Abitibi sub-province of Quebec, host to numerous showings and significant discoveries and deposits including the: B26 Deposit (Indicated 13.0 Mt at 2.1% CuEq and 12.3 Mt Inferred at 2.2% CuEq)1. Selbaie Mine (Produced 56.5 Mt at 0.9% Cu; 1.9% Zn, 38 g/t Ag and 0.6 g/t Au)2. Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the EB Property. Board Change • Dec 23
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. 1 experienced director. No highly experienced directors. 1 independent director (2 non-independent directors). CFO, Company Secretary & Director David Beck is the most experienced director on the board, commencing their role in 2022. Independent Director James Tworek was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Dec 20
Panther Minerals Inc. Announces Board Changes, Effective December 19, 2025 Panther Minerals Inc. announced the appointment of Mr. Peter Rhodes as a director of the Company, effective 19 December 2025. Mr. Rhodes is a Chartered Accountant and mining financier with over 20 years of experience in resource investment, project development, and capital markets across Africa, Asia, Australia, and North America. He began his career at Ernst &Young, where he worked in audit and advisory services. Mr. Rhodes is the Co-Founder of Alliance Critical Materials, a European-focused platform advancing institutional investment strategies to finance and secure critical mineral supply chains across Europe and allied jurisdictions. He also serves as Chief Financial Officer of Universal Digital Inc., an investment issuer listed on the Canadian Securities Exchange. Over the course of his career, Mr. Rhodes has raised in excess of USD 400 million across mining, energy, and other ventures. The Company believes Mr. Rhodes deep expertise in capital markets, critical minerals, and global resource development will be a valuable addition to the Board as Panther continues to advance its strategic objectives. In connection with the appointment of Mr. Rhodes, the Company also announces that Mr. J. Casey Forward has resigned as a director of the Company, effective December 19, 2025. Announcement • Dec 03
Panther Minerals Inc. Announces Resignation of Director Robert Birmingham, Effective 2 December 2025 Panther Minerals Inc. announced that Mr. Robert Birmingham has resigned as a Director of the Company, effective immediately. The Board of Directors has initiated its process to evaluate potential candidates to fill the vacancy and will provide further updates as appropriate. Announcement • Nov 05
Panther Minerals Inc. announced that it has received CAD 2.30032 million in funding On November 4, 2025, Panther Minerals Inc. closed the transaction. The company issued 627,000 units at a price of CAD 0.16 for gross proceeds of CAD 100,320 under the LIFE offering and 13,750,000 units at a price of CAD 0.16 for gross proceeds of CAD 2,200,000. Each unit issued under the LIFE Offering consisted of one common share and one common share purchase warrant, issued pursuant to Part 5A of National Instrument. Each warrant issued under the LIFE Offering entitles the holder to acquire one common share at a price of CAD 0.21 per share for a period of twenty-four months from the date of issuance and is exercisable beginning sixty days following the closing date. Each unit issued under the Private Placement consisted of one common share and one common share purchase warrant. Each warrant issued under the Private Placement entitles the holder to acquire one common share at a price of CAD 0.25 per share for a period of twenty-four months from the date of issuance. All securities issued under the Private Placement, including the underlying shares, are subject to a statutory hold period of four months and one day in accordance with applicable securities laws. In connection with the Financing, the Company paid cash finder’s fees of CAD 7,022.40 and CAD 140,980, respectively, to Leede Financial Inc. In addition, the Company issued 1,000,000 common shares to Leede Financial Inc. as consideration for services rendered in connection with the Financing. The Company also issued 43,890 broker warrants in relation to the LIFE Offering and 881,125 broker warrants in relation to the Private Placement. Each broker warrant has the same terms as the warrant issued under the respective offering. Announcement • Oct 16
Panther Minerals Inc. announced that it expects to receive CAD 2.30032 million in funding Panther Minerals Inc. announced a non-brokered private placement of up to 627,000 Units of the company at price of CAD 0.16 per unit for gross proceeds of CAD100,320 on October 15, 2025. Each Unit will consist of one common share in the capital of the company and one common share purchase warrant of the company. Each Warrant will entitle the holder thereof to acquire one common share at a price per Warrant Share of $0.16 for a period of 24 months from the date of issuance. The Warrants will be exercisable 60 days following the closing date of the Offering. Additionally, the company also intends to complete a private placement offering besides the LIFE Offering. The concurrent private placement offering consists of Units of the company at a price of CAD 0.16 per private placement unit for minimum gross proceeds of CAD 1,000,000 and maximum gross proceeds of CAD 2,000,000. The Concurrent Offering Units will consist of one common share and one common share purchase warrant of the company, with each Private Placement Warrant entitling the holder thereof to acquire one common share at a price per Private Placement Warrant Share of CAD 0.25 for a period of 24 months from the date of issuance. Upon the valid exercise of a Private Placement Warrant at CAD 0.25, the holder will automatically receive one additional common share purchase warrant, entitling the holder to purchase one Additional common share at a price of CAD 0.50 per share for a period of 24 months from the date of issuance of the Follow-On Warrant. All securities issued under the Concurrent Private Placement, including any shares issuable upon exercise of the Private Placement Warrants and Follow-On Warrants, will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Board Change • Sep 21
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CFO, Company Secretary & Director David Beck is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 24
Panther Minerals Inc., Annual General Meeting, Aug 21, 2025 Panther Minerals Inc., Annual General Meeting, Aug 21, 2025. Board Change • Apr 10
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). CFO & Director David Beck is the most experienced director on the board, commencing their role in 2022. Independent Director James Tworek was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Apr 09
Panther Minerals Inc. Announces Board Changes, Effective April 8, 2025 Panther Minerals Inc. announced that Mr. Casey Forward has been appointed as a director of the Company, effective immediately. Mr. Forward has worked with numerous public and private companies over the past 30 years, currently including positions as interim CEO of MegaWatt Lithium and Battery Metals Corp., director of Blast Resources Corp., and director, CFO of Leanlife Health Inc., and previous positions as CFO of NioCorp Developments Ltd. Mr. Forward is a Chartered Professional Accountant and a Certified General Accountant. Mr. Michael Leahy has resigned from the Board of Directors, effective immediately. New Risk • Mar 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.6m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (373% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.39m market cap, or US$956.4k). Announcement • Mar 01
Panther Minerals Inc. Announces Resignation of Sebastian Lowes from the Board of Directors Panther Minerals Inc. announced that Mr. Sebastian Lowes has resigned from the Board of Directors, effective immediately. Announcement • Jan 01
Panther Minerals Inc. announced that it has received CAD 0.154 million in funding On December 31, 2024, Panther Minerals Inc. closed the transaction. The company announced that it has received 3,080,000 QFT Shares at a price of CAD 0.05 per QFT Share for the gross proceeds of CAD 154,000. The QFT Shares issued pursuant to the Private Placement are subject to a four month and one day hold period expiring May 1, 2025. The Company paid finder's fees to an arms-length party of CAD 9,000 in cash and 180,000 broker warrants. Each Broker Warrant entitles the holder to acquire one common share at CAD 0.05 for two years from the date of issue, in accordance with the policies of the Canadian Securities Exchange. Announcement • Dec 24
Panther Minerals Inc. announced that it expects to receive CAD 0.5 million in funding Panther Minerals Inc. announced a non brokered private placement of up to 10,000,000 Quebec Flow-Through Shares at a price of CAD 0.05 per QFT Share, for total gross proceeds of up to CAD 500,000 on December 23, 2024. All securities issued under the Offering will be subject to a statutory hold period of four months and one day from the date of issuance, in compliance with applicable securities laws. Completion of the Offering remains subject to the receipt of all necessary regulatory and other approvals. The Company may also pay finder’s fees to qualified, arm’s length parties in connection with the Offering, in accordance with the policies of the Canadian Securities Exchange. New Risk • Oct 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.2m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (338% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.20m market cap, or US$1.58m). Announcement • Aug 08
Panther Minerals Inc. Announces Permit Applications with State and Federal Authorities for Its Proposed Exploration Program on the Boulder Creek Property, Alaska Panther Minerals Inc. reported that it has filed permit applications with State and Federal authorities for its proposed exploration program on the Boulder Creek property, Alaska. Receipt of these permits will position the Company to execute its exploration program on the property for the next 5 years. Panther Minerals has filed the following permit documents: Notice of Exploration Operations with the US Bureau of Land Management (BLM) for surface exploration and drilling on the Company's 11 federal mining claims. The BLM has informed the Company that its Notice is complete, and the Company is free to initiate exploration at any time. Application for Permits to Mine in Alaska (APMA) with the State of Alaska Department of Natural Resources (DNR). The application has already gone through the public comment process, and DNR are reviewing comments and preparing final permit documents. The Company anticipates receiving the final Miscellaneous Land Use Permit (MLUP) from DNR in the coming weeks. The permit will authorize surface exploration, exploration drilling, use of the existing airstrip and use of state lands for the exploration camp. Temporary Water Use Authorization (TWUA) application with the State of Alaska DNR for authorization to withdrawals water from streams at 5 locations on the claim block for camp and drill use. DNR has completed their initial review of the TWUA application, and the Company anticipates receiving the TWUA in the coming weeks. Application for coverage under the Statewide General Permit for remote camps for solid waste disposal with the State of Alaska department of Environmental Conservation (DEC). This permit will authorize the Company to manage inert solid waste and incinerate burnable waste at its exploration camp. The Company anticipates receiving authorizations to operate under this general permit in the next 2 weeks. Application for Authorization for Exploration Activities in Anadromous Watersheds to the Alaska Department of Fish & Game (ADF&G). ADF&G has reviewed APMA application and authorizes proposed activities and provides stipulations for in-stream water withdrawals that will protect anadromous fish. ADF&G issued permit FH24-III-0151 to the Company on July 17, 2024. These permits will position the Company to executed a thorough exploration program, as described in its permit applications, over the next 5 years without the need for any additional permits. Receipt of the permits in the coming weeks will also accommodate the detailed planning required to safely and efficiently execute exploration programs in Alaska. Announcement • Jun 08
Panther Minerals Inc. announced that it has received CAD 2 million in funding On June 6, 2024, Panther Minerals Inc. closed the transaction. The company announced that it has issued 3,741,750 shares for aggregate proceeds of CAD 748,350 in second and final tranche. The shares issued pursuant to the second tranche are subject to a four-month-and-one-day hold period expiring October 7, 2024, pursuant to applicable securities laws. The company paid finders' fees of CAD 23,205 in cash to certain arm's-length parties in relation to the second tranche. Announcement • May 31
Panther Minerals Inc. Appoints Lindsay Bottomer to Advisory Board Panther Minerals Inc. announced that Lindsay Bottomer has joined the Company's advisory board. Lindsay has over 45 years of experience in international exploration and development, most recently focused on epithermal gold and porphyry copper-gold exploration in the American Cordillera and Central Asia. Lindsay has been a former officer or director of more than 20 public companies, including Entree Resources and Richfield Ventures. While with Entree he was closely involved in the discovery and definition drilling of both the Hugo North Extended and Heruga Cu-Au porphyry systems in the Oyu Tolgoi camp of Mongolia, and acquisition of the Ann Mason Cu porphyry deposit in Nevada. He was a founding director of Richfield Ventures which acquired and advanced the Blackwater gold deposit in BC prior to its sale to New Gold for approx. $500 million. Announcement • Apr 28
Panther Minerals Inc., Annual General Meeting, Jun 26, 2024 Panther Minerals Inc., Annual General Meeting, Jun 26, 2024. Announcement • Apr 23
Panther Minerals Inc. announced that it expects to receive CAD 1 million in funding Panther Minerals Inc. announced a non-brokered private placement of 5,000,000 common shares at a price of CAD 0.20 per share for gross proceeds of up to CAD 1,000,000 on April 22, 2024. All shares issued as part of this offering will be subject to a standard four-month hold period from the date of issue. The company may close the offering in one or more tranches. New Risk • Mar 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 141% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (43% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (141% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.05m market cap, or US$4.45m). Announcement • Mar 22
Lithium Lion Metals Inc. announced that it has received CAD 0.59 million in funding On March 21, 2024, Lithium Lion Metals Inc. closed the transaction. The company issued 11,800,000 units for a issue price CAD 0.05 per unit for a gross proceeds CAD 590,000. Announcement • Mar 15
Lithium Lion Metals Inc. announced that it expects to receive CAD 0.65 million in funding Lithium Lion Metals Inc announced a non-brokered private placement offering of 13,000,000 units for a issue price CAD 0.05 per unit for a gross proceeds CAD 650,000 on March 14, 2024. Each unit will comprise one common share in the capital of the company and one common share purchase warrant, with each warrant exercisable for a period of two years at a price of CAD 0.55 per warrant. All units issued as part of this offering will be subject to a standard four-month hold period from the date of issue. New Risk • Mar 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 9x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.2m free cash flow). Share price has been highly volatile over the past 3 months (51% average weekly change). Earnings have declined by 45% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$10.5m market cap, or US$7.72m). Announcement • Nov 18
Lithium Lion Metals Inc. Files Updated NI 43-101 Technical Evaluation Report for Its Mia Li-3 Lithium Project Lithium Lion Metals Inc. announced that it has filed an updated NI 43-101 Technical Evaluation Report (the "Report") prepared in accordance with National Instrument 43-101 - Standards for Disclosure of Mineral Projects for its Mia Li-3 Lithium Project, located in the James Bay region of northern Quebec. Board Change • Aug 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director David Beck is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 21
Gold Lion Resources Inc. Announces Director Changes Gold Lion Resources Inc. announced it has appointed James Tworek and Michael Leahy as directors of the Company. Mr. Tworek has been the Chief Executive Officer of Element79 Gold Corp. since its pre-IPO era and has built his career holding positions as Director, Senior Management, Operational and Analytical roles in both public and private companies. As successful entrepreneur, his 25-year career started in banking in 1998 and he has garnered a wealth of experience across diverse industries between Commercial Banking, Mining, Oil and Gas, Project Finance, mezzanine debt, mortgage brokerage, Hemp/legal Cannabis, and Clean Water/Envirotech industries. His investing experience includes real estate, private mining, private equity, start-up generation, tech, and agricultural ventures. Mr. Leahy has over 12 years experience as an entrepreneur and businessperson experienced in business development, corporate development and operations. He is past VP Business Development and then Chief Operating Officer of Auracle Geospatial Science Inc. Mr. Leahy was also the Executive Chair of the U.S. subsidiary company, Auracle Geospatial USA. Mr. Leahy has been involved in a number of public and private companies ranging from natural resources to technology to tourism resort development. Furthermore, the Company announced that Mr. Alexander Benger has resigned as a director of the Company. Board Change • Jul 01
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director David Beck is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 15
Gold Lion Resources Inc. Announces Mia-3 Lithium Project Target Satellite Interpretation Gold Lion Resources Inc. announced that it has completed a satellite image interpretation on its Mia-3 Lithium Project located in Eeyou Istchee, James Bay Quebec. The Mia-3 project is located 14 km to the northwest of the Miakadow Lake lithium pegmatite occurrence (now named Mia-1). Both are within the within the La Grande geological sub-province. These pegmatites were documented in 1991 by Noranda Exploration while exploring for gold and base metals. Later exploration in the Miakadow Lake area by Ressources Dianor Inc. (1999) describes a felsic pluton and a series of coarsely pegmatitic dykes related to the Vieux-Comptoir granites which intrude the La Grande and are seen along the south and south-west shores of Miakadow Lake. The Vieux Comptoir granitic rocks intrude multiple lithologies in the La Grande sub province and are a key exploration vector which Gold Lion will investigate during this initial field program. Announcement • Jun 09
Gold Lion Resources Inc. Announces Board Changes Gold Lion Resources Inc. announced it has appointed Sebastian Lowes as a director of the Company. Mr. Lowes is a corporate securities lawyer based in Vancouver, British Columbia. He is a member of the Law Society of British Columbia and graduated with Canadian and American law degrees in 2018. He began his career at a top tier international law firm practicing in the securities and capital markets group. Sebastian has a broad private practice and advises public and private corporations, primarily in the natural resource, technology, biotech and energy sectors. Mr. Lowes has a depth of experience acting in complex transactions, including one of the biggest IPOs in Canadian biotech history ($555.5 million gross proceeds) and various business combinations in excess of $1 billion in the natural resource sector. Furthermore, the Company announced that Lawrence Hay has resigned as a director of the Company. Announcement • Jun 08
Gold Lion Resources Inc. Announces Exploration Program At Its Mia-3 Lithium Project Gold Lion Resources Inc. announced that it has finalized arrangements to commence its 2023 exploration program (Phase 1) at the Mia-3 Lithium Project located in Eeyou Istchee, James Bay, Quebec. The Phase 1 program is planned to commence June 20 and will include surface mapping, prospecting, and rock sampling to test for lithium mineralization and lithium-cesium-tantalum (LCT) characteristics in pegmatites that may be located across the property. Geologica Groupe-Conseil Inc. ("Geologica") have been engaged to perform the Phase 1 field examination work following on from the compelling targets identified by the Company's compilation of the Quebec Government and mineral sector historic exploration work. The field examination is planned for 10 days of helicopter supported exploration, designed to cover the complete 57 claim Mia-3 project. The Mia-3 project is located 14 km to the northwest of the Miakadow Lake lithium pegmatite occurrence (now named Mia-1). Both are within the within the La Grande geological sub-province. These pegmatites were documented in 1991 by Noranda Exploration while exploring for gold and base metals. Later exploration in the Miakadow Lake area by Ressources Dianor Inc. (1999) describes a felsic pluton and a series of coarsely pegmatitic dykes related to the Vieux-Comptoir granites which intrude the La Grande and are seen along the south and south-west shores of Miakadow Lake. The Vieux Comptoir granitic rocks intrude multiple lithologies in the La Grande sub province and are a key exploration vector which Gold Lion will investigate during this initial field program. Geologica recently completed a property Technical Report dated May 5, 2023, "NI 43-101 Technical Evaluation Report of the Mia Li-3 Lithium Project". Geologica will be updating this report with results from their site visit as well as providing the first full coverage map for the property from new information. Announcement • May 11
Gold Lion Resources Inc. Announces CEO Changes Gold Lion Resources Inc. announced the Company has appointed Mr. Mark Haywood as Chief Executive Officer. Mr. Haywood will help lead Gold Lions inaugural exploration campaign at its Mia Li-3 Lithium Project in James Bay, QC. Mr. Haywood has over 25 years of mining industry experience and holds degrees in both Mining Engineering and Law. Mr. Haywood has held progressive career positions with Anglo Gold Ashanti, Goldfields, IAMGold, Ivanhoe, BHP and Placer Pacific at various open-pit and underground mining operations around the world, including leadership positions of Chief Mining Engineer, Mine Manager, and General Manager. Mr. Haywood has held President & CEO and directorship positions with several public and private Canadian exploration and mining corporations since 2008. Furthermore, the Company announced that Mr. Lawrence Hay has resigned as Chief Executive Officer. Mr. Hay will remain with the Company as a director. Announcement • Feb 18
Gold Lion Resources Inc., Annual General Meeting, Apr 21, 2023 Gold Lion Resources Inc., Annual General Meeting, Apr 21, 2023. Location: Suite 501, 3292 Production Way Burnaby, BC V5A 4R4 Burnaby British Columbia Canada Announcement • Feb 16
Gold Lion Resources Inc. Announces Exploration Plans for Mia LI-3 Lithium Project in James Bay, Quebec Gold Lion Resources Inc. announced plans for exploring its Mia Li-3 Lithium Project, located in the James Bay region of northern Quebec. Immediate exploration plans consist of an airborne magnetometer and radiometrics survey. This will provide Gold Lion with a solid technical base to develop an expected extensive summer field program. The program is fully funded and is expected to be followed by a large-scale surface sampling program. The Company’s 2,950 hectares Mia Li-3 Lithium Project is located approximately 15 km northwest of Second Quarter Metals Corp.’s (“SECOND QUARTER OF ”) Mia Li-1 and Mia Li-2 projects (the “Mia Li-1 & 2 Projects”) in the James Bay region of Quebec. The Mia Li-3 Project is also directly adjacent to ground newly acquired by Second Quarter and presents a favourable opportunity for exploration on the same trend. Recent highlights from second quarter of 2021 sampling program on its Mia lithium property include: 18 outcrop grab samples (from 2021 and 2022) confirm the Mia Li-1 occurrence with results averaging 2.65% Li2O (lithium oxide). Three outcrop grab samples from 2022 confirm the spodumene observations at the Carte 1879 occurrence with results averaging 1.65% Li2O. A trend of approximately seven kilometres of unsampled pegmatite between the two mineralized occurrences is highlighted as a significant area to be followed up in 2023. Gold Lion’s Mia Li-3 Lithium Project also contains the Vieux Comptoir Granite unit, an undifferentiated granite package that may contain phases of pegmatitic granite, k-feldspar granite and spodumene granite. Announcement • Jan 28
Gold Lion Resources Inc. Announces Executive Changes Gold Lion Resources Inc. announces that Steven Hong has resigned as the Chief Financial Officer and a director of the Company effective January 25, 2023. Gold Lion would like to thank Mr. Hong for his many contributions to the Company and wish him well with his future endeavours. Mr. Steven Inglefield has been appointed as the Company's new Chief Financial Officer. Mr. Inglefield has over 16 years of experience in building and scaling companies in both the private and public sectors. As a serial entrepreneur and a skilled system and operations specialist, his guidance will be a strong addition to the Gold Lion team. Announcement • Nov 17
Gold Lion Resources Inc. Announces Directorate Changes Gold Lion Resources Inc. announced that Shidan Gouran has resigned as a director of the Company and Mr. Alex Benger has been appointed as a director of the Company, both effective November 15, 2022 . Board Change • Nov 16
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). CFO & Director Steven Hong is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Announcement • Oct 15
Gold Lion Completes Airborne Geophysics Survey over Nickel Plate and Launches Nickel, Copper and Cobalt Project Gold Lion Resources Inc. announced that it has completed a combined aeromagnetic, VLF-electromagnetic and radiometric survey over all 4 claim groups comprising its Nickel Plate project in northeastern Saskatchewan (the "Property"). MPX Geophysics Ltd. ("MPX") flew the 2,528 km survey using a Piper Navajo PA31 aircraft. The survey included 2,295 km flown at 100 metre line spacing and 273 km of orthogonal tie lines at 1,000 metre spacing over the Breynat, Father Lake, Twin Lakes and Nickel Plate claim groups. The airborne survey covers approximately 40 nickel-copper occurrences which were discovered by previous workers and are located within the 4 claim groups. These occurrences include the "Laura showing" with up to 4615 ppm nickel and 2801 ppm copper detected in a 2008 grab sample which was collected by previous workers. This showing was found because of airborne surveys completed by previous workers. Gold Lion expects to generate additional drilling targets from the new airborne survey and intends to utilize the survey to plan a follow-up exploration program. The four claim groups of the Nickel Plate project comprise 21 mineral claims covering 21,369 hectares located in northeastern Saskatchewan where other firms including Kobold Metals Inc. and Faith in Gravity Holdings Inc. have been exploring for nickel, cobalt, copper and other strategic metals. Gold Lion holds the option to earn a 100% right, title, and interest in and to the Property, subject to a 2% NSR royalty retained by the optionors. Announcement • Jul 15
Gold Lion Resources Inc. Provides Update on the Nickel Plate Project and Clarifies Previous Gold Lion Resources Inc. is reviewing work done by previous workers and planning a summer program on the Nickel Plate project to begin in August, 2022 if workers are available. The Company has a budget of $320,000 for this proposed work program. This program will satisfy Saskatchewan government assessment requirements to renew the claims. Gold Lion is applying for an extension of the time required to complete this work and file the assessment reports. The Company holds the option to earn 100% right, title and interest in and to the Property subject to a 2% NSR royalty retained by the Optionors. The Nickel Plate project comprises 21 mineral claims covering 21,369 hectares located in northeastern Saskatchewan in an area of recent exploration activity by other firms including Kobold Metals Inc. and Faith in Gravity Holdings Inc. The Nickel Plate claims are host to approximately 40 nickel-copper occurrences with grab sample values ranging up to 4615 ppm nickel and 2801 ppm copper. This value was from a 2008 grab sample collected at the "Laura showing". The Laura showing is associated with an airborne electromagnetic survey by previous workers. Large portions of the Nickel Plate project are covered by airborne surveys including powerful MegaTEM and VTEM surveys. Gold Lion is utilizing data generated by previous workers to plan an exploration program to be completed in the summer of 2022. This work will include ground investigations over a number of nickel, copper occurrences. Announcement • Jul 06
Gold Lion Resources Inc. Provides Update on the Nickel Plate Project, Samples Grading Up to 50.98 G/T Gold Gold Lion Resources Inc. provided Update on The Nickel Plate Project, Samples Grading Up to 50.98 g/t Gold. Gold Lions Resources Nickel Plate project is adjacent to properties/claims owned by Kobolt Metals Inc. and Faith in Gravity Holding which runs northeast of Black Lake and is backed by some of the world's wealthiest people. Gold Lion's Nickel Plate project comprises 22 mineral claims covering 25,442 hectares located in northeastern Saskatchewan in an area of active metal exploration. Gold Lion's Nickel Plate property is prospective for nickel, copper, cobalt, platinum, palladium and gold. Known mineral occurrences include the Butch gold occurrence where previous workers collected grab samples grading up to 50.98 g/t gold, 2.96 g/t platinum and 4.01 g/t palladium. The Butch showing occurs in hematite altered, fractured and sheared amphibolite outcrops in the vicinity of the regional NNE-trending Platt Creek shear zone. In addition, the Nickel Plate claims are host to approximately 40 nickel-copper occurrences with grab sample values ranging up to 4615 ppm nickel and 2801 ppm copper. This value was from a 2008 grab sample collected at the "Laura showing". The Laura showing is associated with an airborne electromagnetic survey by previous workers. Large portions of the Nickel Plate project are covered by airborne surveys including powerful MegaTEM and VTEM surveys. Gold Lion is planning an exploration program to be completed in the summer of 2022. This work will include ground investigations and surveys over the Butch gold, platinum, palladium occurrence as well as a number of the more prospective nickel, copper occurrences. Announcement • Jun 24
Gold Lion Resources Inc. (CNSX:GL) signed a binding letter of intent to acquire Sustainable Li-Ion Research Inc. Gold Lion Resources Inc. (CNSX:GL) signed a binding letter of intent to acquire Sustainable Li-Ion Research Inc. on June 22, 2022. Pursuant to the Proposed Transaction, Gold Lion will issue common share in its capital to the holders of common shares in the capital of SLIR at a deemed price per Consideration Share that is the greater of (i) CAD 0.05, and (ii) the minimum price allowed pursuant to the policies of the Canadian Securities Exchange, representing aggregate consideration to be determined and mutually agreed upon by the parties with reference to a pending valuation of SLIR, expected to be in the range of CAD 0.3 million to CAD 0.5 million. The Company also agreed to pay a refundable deposit of up to CAD 100,000 to SLIR to be used towards costs and expenses connected to SLIR’s business. If the LOI is terminated for any reason other than the execution of a definitive agreement, the deposit payments shall be returned to the Company by SLIR within 30 days, without interest. Gold Lion and SLIR have agreed to negotiate in good faith the terms of a definitive agreement with respect to the Proposed Transaction within 30 days from the LOI. The Proposed Transaction is subject to receipt of all necessary regulatory approvals, including, as applicable,approval of the CSE, completion of due diligence reasonable or customary in a transaction of a similar nature, and entering into a definitive agreement, among other conditions. Announcement • Jun 22
Gold Lion Resources Inc. Announces Chief Financial Officer Changes Gold Lion Resources Inc. announced the appointment of Steven Hong as Chief Financial Officer effective immediately to replace Mr. Guy Bourgeois whom has acted as the interim CFO since May 13, 2022. Mr. Hong was recently appointed to Gold Lions board of directors on May 20, 2022. Announcement • Jun 08
Gold Lion Resources Inc. (CNSX:GL) completed the acquisition of Black Lake Mineral Property for $1 million. Gold Lion Resources Inc. (CNSX:GL) entered into an agreement to acquire Black Lake Mineral Property on June 6, 2022. Gold Lion Resources Inc. (CNSX:GL) signed a binding letter of intent to acquire Black Lake Mineral Property on May 5, 2022. Pursuant to the proposed transaction, the Company will issue common share in its capital (the “Consideration Shares”) to the holders of common shares in the capital of OntarioCo at a deemed price per Consideration Share that is the greater or (i) CAD 0.05, and (ii) the minimum price allowed pursuant to the policies of the Canadian Securities Exchange (the “CSE”), representing aggregate consideration to be determined and mutually agreed upon by the parties with reference to a pending valuation of OntarioCo, expected to be in the range of CAD 500,000 to CAD 1,000,000. The Company also agreed to pay a refundable deposit of up to CAD 100,000 to OntarioCo to be used towards costs and expenses connected to the Property. If the LOI is terminated for any reason other than the execution of a definitive agreement, the deposit payments shall be returned to the Company by OntarioCo within 30 days, without interest. The proposed transaction will be completed pursuant to available prospectus exemptions in accordance with applicable securities legislation. The Company and OntarioCo have agreed to negotiate in good faith the terms of a definitive agreement with respect to the proposed transaction within 30 days from the LOI. The proposed transaction is subject to receipt of all necessary regulatory approvals, including, as applicable, approval of the CSE, completion of due diligence reasonable or customary in a transaction of a similar nature, and entering into a definitive agreement, among other conditions. The proposed transaction would be an arms-length transaction for the Company and would not constitute a fundamental change or result in a change of control of the Company, within the meaning of the policies of the CSE.
Gold Lion Resources Inc. (CNSX:GL) completed the acquisition of Black Lake Mineral Property for $1 million on June 6, 2022. Announcement • May 21
Gold Lion Resources Inc. Announces Board Changes Gold Lion Resources Inc. announced 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. In 2016, he co-founded a health beverage company in Seoul, South Korea. During his time at Western, Mr. Hong served as director of the university council. The Company also announced that Mr. Bill Gilmour has resigned from the board of directors effective immediately. Announcement • May 06
Gold Lion Resources Inc. (CNSX:GL) signed a binding letter of intent to acquire Black Lake Mineral Property. Gold Lion Resources Inc. (CNSX:GL) signed a binding letter of intent to acquire Black Lake Mineral Property on May 5, 2022. Pursuant to the proposed transaction, the Company will issue common share in its capital (the “Consideration Shares”) to the holders of common shares in the capital of OntarioCo at a deemed price per Consideration Share that is the greater or (i) CAD 0.05, and (ii) the minimum price allowed pursuant to the policies of the Canadian Securities Exchange (the “CSE”), representing aggregate consideration to be determined and mutually agreed upon by the parties with reference to a pending valuation of OntarioCo, expected to be in the range of CAD 500,000 to CAD 1,000,000. The Company also agreed to pay a refundable deposit of up to CAD 100,000 to OntarioCo to be used towards costs and expenses connected to the Property. If the LOI is terminated for any reason other than the execution of a definitive agreement, the deposit payments shall be returned to the Company by OntarioCo within 30 days, without interest. The proposed transaction will be completed pursuant to available prospectus exemptions in accordance with applicable securities legislation. The Company and OntarioCo have agreed to negotiate in good faith the terms of a definitive agreement with respect to the proposed transaction within 30 days from the LOI. The proposed transaction is subject to receipt of all necessary regulatory approvals, including, as applicable, approval of the CSE, completion of due diligence reasonable or customary in a transaction of a similar nature, and entering into a definitive agreement, among other conditions. The proposed transaction would be an arms-length transaction for the Company and would not constitute a fundamental change or result in a change of control of the Company, within the meaning of the policies of the CSE. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Guy Bourgeois was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 23
Gold Lion Resources Inc. announced that it has received CAD 0.51775 million in funding Gold Lion Resources Inc. announced that it has completed a non-brokered private placement of 20,710,000 pre-paid warrants at a price of CAD 0.025 per warrant for gross proceeds of CAD 517,750 on April 22, 2022. Each warrant entitles the holder to acquire one unit at a price of CAD 0.025 per unit for a period of two years from the date of closing. Each unit consists of one common share and one transferable common share purchase warrant of the company, with each warrant exercisable to acquire one additional common share at a price of CAD 0.05 per share for a period of two years from the date of closing. All securities issued are subject to a statutory hold period of four months and one day which will expire August 23, 2022. No finder’s fees have been paid in connection with the transaction. Announcement • Feb 03
Gold Lion Resources Inc. Announces Positive Erickson Ridge Soil Sample Results Gold Lion Resources Inc. (‘Gold Lion’ or the ‘Company’) announced to report the results of a Fall 2021 soil sampling program completed on it's Erickson Ridge Property (‘Erickson Ridge’ or the ‘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 1.4 kilometers to the southwest of the historically drilled area. The anomalous 2019 soil sample was coincident with a topographic lineament, interpreted to represent the location of the regional Orogrande Shear Zone. In Fall 2021, Gold Lion crews followed up on the 2019 work with a tightly spaced grid of soil samples centred along the Orogrande Shear Zone. The 2021 results returned strong gold values including 658 ppb, 503 ppb and 341 ppb Au over the historically drilled area, as well as a new area located 1.4 kilometers to the southwest highlighted by a result of 447ppb Au. The results suggest a possible along strike extension to the historical at surface gold mineralization, which also remains open at depth where previous drillholes were terminated at the oxide/sulfide interface for metallurgical reasons. The Elk City region is covered by a thick blanket of clay, which formed when the region was covered by a glacial lake during the last ice age. Thicker portions of the clay layer tend to mask the underlying bedrock geochemistry, however anomalous gold values were returned in the upland regions, where the clay has been mostly removed by erosion. As a result, there may be further undiscovered gold mineralization in areas further along strike with undisturbed clay cover. Gold Lion is in the late stages of drill permitting on its Erickson Ridge Property, with a maiden drill program planned for 2022, once the final authorizations from the Nez Perce Forest Service have been received. The permit application was submitted by the Company in 2020 and includes drill sites located over the newly discovered geochemical anomaly as well as the IP chargeability anomaly. Announcement • Jan 30
Gold Lion Resources Inc. Announces the Final Results of Abandoned Drill Hole SO-01 on its South Orogrande Property Gold Lion Resources Inc. announced the final results of abandoned drill hole SO-01 on its 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 (269 meters), approximately 1000 feet (305 meters) short of the planned target depth. The final 72.2 meters of the hole intersected 0.15 g/t gold from 196.29 meters to 268.53 meters and ended in increasing levels of mineralization and quartz-sericite-pyrite alteration with depth. The Company's inaugural drilling program on the Property was challenged by a large wildfire, severe supply chain disruptions and a lack of labour market participation brought on by the Covid-19 pandemic. The Company had planned for a 4-hole drill program on the Property, but the drilling company which was contracted was unable to provide suitable drilling equipment and personnel and drilled just one hole to half of its target depth. Despite being stopped short of the IP geophysical target, encouragingly, the hole displayed increasing amounts of alteration and sulfide mineralization with depth, supporting the validity of the target. Announcement • Dec 25
Gold Lion Resources Inc. Completes 2021 Drill Program on It's South Orogrande Property 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 of labour market participation brought on by the Covid-19 pandemic. As a result, the drilling company which was contracted was unable to provide suitable drilling equipment and personnel to adequately carry out the contract and only a single hole was drilled which reached just half of its target depth. 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 (269 meters) in strong mineralization, approximately 1,000 feet (305 meters) short of the planned target depth. The final 171 feet (52 meters) of the hole, from 710 to 881.50 feet (216.5 to 268.5 meters), displayed intense alteration, veining and sulfide mineralization. Announcement • Oct 09
Gold Lion Resources Inc. Mobilizes Drill to South Orogrande Project Gold Lion Resources Inc. reported 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 ("South Orogrande" or the "Property") 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 exploration target defined by the strongest gold- and arsenic-in-soils anomaly on the Property. The well-defined soil anomaly, which incorporates historic data, 2020 sampling and 2021 results which have not previously been released, flanks the northeast side of the regional-scale Orogrande Shear Zone. The anomaly lies in a similar structural setting to the adjacent Friday Mine, owned by Scandinavian company Endomines AB. Three diamond drill holes are planned to test a conductive geophysical corridor underlying the soil anomaly at the Horseshoe Bend target. The holes will be drilled from two pads, spaced 200 meters apart along a forest service road. Two ~1,700-foot-long holes will be drilled toward the southwest, underneath the strongest portion of the soil anomaly and terminating at the Orogrande Shear Zone. One other hole will be drilled in the opposite direction, targeting the northeast half of the geophysical anomaly which is overlain by river gravels that could not be tested by soil sampling. Approximately 3,850 feet of drilling is planned for the three holes at Horseshoe Bend. A table of planned hole collars is presented below. Note that the current drill plan may be adjusted based on visual interpretations in the first holes drilled. The Company continues to await receipt of a drill permit on its nearby Erickson Ridge project and is in frequent communication with the Minerals and Geology Managers at the Nez Perce Forest Service office. If a drill permit is received for Erickson Ridge, some meters from the South Orogrande drill program may be diverted to Erickson Ridge, to allow testing of high priority targets on that property as well. Announcement • Jul 15
Gold Lion Resources Inc. Evacuates Crews at South Orogrande Project, Idaho Gold Lion Resources Inc. reported 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. Exploration Update: Exploration crews have now collected 34 rock samples and 935 soil samples on the Company's Erickson Ridge project and 23 rock and 770 soil samples on its South Orogrande project so far in 2021. All samples have arrived at MSALabs in Langley, BC, and assays are pending. The Company's drill permit has now been received for its South Orogrande project and a 2,000-meter core drilling program is planned to commence once the wildfire has been contained, which is anticipated to occur in late Summer. The Company still awaits receipt of a drill permit for its nearby Erickson Ridge project. Announcement • Jun 09
Gold Lion Resources Inc. Announces Mobilized Soil Sampling Crews to its Erickson Ridge and South Orogrande Properties Located Near Elk City, Idaho Gold Lion Resources Inc. announced 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 since World War II. The Company is planning a robust geochemical survey which will include over 6,000 soil samples, as well as prospecting and rock sampling following up on strong results from its 2020 exploration campaign. The 2021 exploration campaign will focus on: Soil sampling and additional rock sampling over the newly discovered CP Vein, a mineralized quartz vein discovered at the south end of the South Orogrande property which returned values of up to 11.8g/t Au and 44.8g/t Ag. In-fill and extension soil sampling over numerous strong gold-in-soil anomalies identified in 2020. Additional rock and soil sampling within the X-Zone gold-in-soil anomaly, which was extended during the 2020 exploration campaign and remains open towards the CP Vein. Additional rock and soil sampling within a newly identified gold-in-soil anomaly over the historic Goldmaster mine showing. Infill and extension soil sampling over a newly identified gold-in-soil anomaly extending well southeast of the historic Penman and Homestake mine showings on the South Orogrande property, which is not associated with any known historic mineralization. Executive Departure • May 20
Independent Director has left the company On the 14th of May, Daniel Dente's tenure as Independent Director ended after 1.3 years in the role. We don't have any record of a personal shareholding under Daniel's name. Daniel is the only executive to leave the company over the last 12 months. Announcement • Apr 29
Gold Lion Resources Inc. Announces the Results of the Second and Third Hole Drilled by the Company Gold Lion Resources Inc. announced the results of the second and third hole drilled by the Company on its Robber Gulch Property located near Burley, Idaho. Vertical reverse circulation drill hole RG-RC-21-02 intersected 30.5 meters of stratabound oxide gold mineralization grading 0.30 g/t Au from surface, including 9.1 meters grading 0.71 g/t Au, while RG-RC-21-03 intersected 12.2 meters of 0.65 g/t Au beginning at surface within the project's Raider Zone. The drill hole was collared over strong gold mineralization sampled in trenches previously reported by the Company on January 4th, 2021. Both drillholes collared within the target host sub-unit, which bears strong oxide gold mineralization, but entered an underlying lower grade stratigraphic sub-unit around 6 meters depth. It is possible that the target sub-unit has been partially eroded and exposed within the saddle on which the reported holes were collared, and previously reported trenches were excavated, which explains the strongly coincident gold-in-soil anomaly. The next phase of drilling aims to collar at a higher elevation, upslope to the south of RG-RC-21-02 and RG-RC-21-03, to test the less eroded and thicker portion of the host sub-unit as illustrated in the cross-section. The next phase of drilling will not only test a higher elevation from the previous drilling, but it will also be collared on a post-mineral basalt cap which may have protected the underlying host unit from erosion, potentially preserving a thicker section of the target sub-unit. Announcement • Mar 09
Gold Lion Resources Inc. Provides an Update on the Exploration Activities Currently Underway on Its Robber Gulch Property, Near Burley, Idaho Gold Lion Resources Inc. provided an update on the exploration activities currently underway on its Robber Gulch Property, near Burley, Idaho. Further to its news release of February 10, 2021, the Company completed the first hole (RG-RC-21-02) of its 2021 Phase II RC drill program and submitted all samples for geochemical analysis. Following completion of the first hole, snowstorms and poor weather conditions lead to the Company's decision to take a short hiatus for safety and cost-efficiency reasons, to allow the snow to melt and the steep access roads to dry up prior to commencing the second hole. The Company announced that favourable weather conditions have now returned and drilling operations have safely and efficiently resumed with the collaring of hole RG-RC-21-03 on March 4, 2021. The phase II drill program is designed to test the depth extent of oxide gold mineralization encountered in trenches RG-TR-20-02 and RG-TR-20-03 within the newly discovered Raider Zone (see January 4, 2020 news release). The mineralization uncovered in the two trenches occurs within a gently dipping calcareous sandstone unit which outcrops at surface. The thickness of the gold bearing unit will be tested by a fence of up to 5 drill holes totaling 2,700 feet in length, across the mineralized unit. The phase I and II drill programs are being carried out under a notice level permit with the United States Bureau of Land Management (BLM). Soil and rock sampling by the Company indicates that the mineralized unit continues south onto land administered by the United States Forest Service (USFS). Gold Lion has begun the process of obtaining a permit to drill on the portion of the gold-in-soil anomaly lying on USFS ground. The permit application is currently underway and aims to utilize an existing road for the placement of drill pads, to minimize disturbance and potentially accelerate the permitting process. Announcement • Feb 20
Gold Lion Resources Inc. Announces the Results of the First Hole Drilled by the Company on Its Robber Gulch Property Located Near Burley, Idaho Gold Lion Resources Inc. announced the results of the first hole drilled by the Company on its Robber Gulch Property located near Burley, Idaho. Reverse Circulation drill hole RG-RC-20-01 intersected three separate intervals of stratabound gold mineralization, southeast of the project's Raider Zone. The drill hole was collared 330 meters southeast of trenches RG-TR-20-02 and RG-TR-20-03, prior to the Company receiving those analytical results. The drill hole targeted a steeply dipping structure coincident with strong gold mineralization from grab samples collected on the Sawtooth National Forest 1. As the Company does not yet have its Forest Service drilling permit, the hole was collared on an existing road on BLM ground, well downslope of the strong surface mineralization. Prior to reaching the mineralized structure, the hole encountered the Manning Canyon Shale which underlies the receptive gold bearing units. Despite intersecting the gold bearing calcareous sandstone host approximately 160 meters east of the mineralized structure, the hole returned 0.20g/t over 24.4m and 0.24 g/t Au over 48.8 meters. The host sandstone units are interpreted to have a high degree of porosity and permeability and the grade of gold correlates with their proximity to the mineralized structure. The Phase II drill program includes several drill holes located along a section of road crossing the mineralized structure identified at the project's Raider Zone. The holes will be drilled at steep to vertical orientations to test the thickness of the shallow dipping mineralization within the receptive host units. Following the completion of the Phase II drilling program, the Company plans to continue stepping south on to Sawtooth National Forest ground where the best grab samples, up to 6.49g/t Au, have been collected on surface to date. The analytical results from the first hole indicate a strong correlation of arsenic with gold mineralization. The Company is currently evaluating the use of a field portable XRF gun to analyze for arsenic in real time at the drill rig. Having arsenic results in real time may provide the Company with a predictive tool for indicating the presence of gold mineralization, without having to wait several weeks to months for laboratory results. Is New 90 Day High Low • Feb 12
New 90-day low: CA$0.21 The company is down 39% from its price of CA$0.34 on 13 November 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 1.0% over the same period. Announcement • Feb 11
Gold Lion Commences Second Phase of Drilling At Robber Gulch Gold Lion Resources Inc. announced that drill crews have successfully mobilized to its Robber Gulch Property in southern Idaho for the second phase of RC drilling on the Raider Zone. The company’s maiden drill program on Robber Gulch began with a single deep hole, completed prior to the holiday break in December of 2020. The first drill hole (RG-RC-20-01) generated 142 chip samples from a total of 1,240 feet drilled. The company is awaiting assay results from RG-RC-20-01, which will be released once received. The phase II drill program is designed to test the depth extent of oxide gold mineralization encountered in trenches RG-TR-20-02 and RG-TR-20-03 within the newly discovered Raider Zone. The mineralization uncovered in the two trenches occurs within a gently dipping calcareous sandstone unit which outcrops at surface. The thickness of the gold bearing unit will be tested by a fence of up to 5 drill holes totaling 2,700 feet in length, across the mineralized unit. The phase I and II drill programs are being carried out under a notice level permit with the United States Bureau of Land Management (BLM). Soil and rock sampling by the Company indicates that the mineralized unit continues south onto land administered by the United States Forest Service (USFS). Gold Lion has begun the process of obtaining a permit to drill on the portion of the gold-in-soil anomaly lying on USFS ground. The permit application is currently underway and aims to utilize an existing road for the placement of drill pads, to minimize disturbance and potentially accelerate the permitting process. Arid weather conditions have thus far allowed for year-round drilling to take place on Robber Gulch, with minimal additional costs incurred during the winter months. The ability to drill and explore year-round is of great benefit to the Company and the rate of exploration on Robber Gulch is only limited by sample turn-around times at analytical laboratories. Is New 90 Day High Low • Jan 27
New 90-day low: CA$0.24 The company is down 36% from its price of CA$0.38 on 28 October 2020. The Canadian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 1.0% over the same period. Announcement • Jan 21
Gold Lion Resources Inc. Reports Results of IP Survey at Erickson Ridge Gold Lion Resources Inc. announced the results of a 3D array IP geophysical survey conducted by SJ Geophysics Ltd. of Delta, B.C, on its Erickson Ridge Property (the “Property”) located near Elk City, Idaho. The Property is under option from EMX Royalty Corp. The survey successfully highlighted an at surface chargeability anomaly which is strongly coincident with known historical mineralization on the Property. The resistivity data collected during the survey also defined the 3D location of the Top Ten Fault, which is known to be an important structural control on mineralization within the Property. The survey also delineated a large chargeability anomaly which occurs along the hanging wall of the Top Ten Fault, which represents a new high priority drill target on the Property. Announcement • Jan 05
Gold Lion Trenches New Carlin-Type Oxidized Gold Discovery at Robber Gulch Gold Lion Resources Inc. announced a new Carlin-type oxidized gold discovery on its Robber Gulch Property located near Burley, Idaho. Trench RG-TR-20-03 intersected a broad interval of disseminated oxidized gold mineralization situated along a height of land within the project's Raider Zone gold-in-soil anomaly. The discovery trench, which remains open in multiple directions, intersected 0.45g/t Au over 174m, including a sub-interval of 0.51g/t Au over 138, and further sub-intervals of 0.88g/t Au over 45m, and 1.16g/t Au over 18m. The samples were collected as representative, even and continuous 2 to 3-metre-long chip samples, along the entire length of the trench, to exclude any potential sampling bias. The new discovery is characterized by silicified and quartz stockwork veined calcareous sandstones and siltstones of the Pennsylvanian Oquirrh Formation with strong iron oxide mineralization underlying a very thin (<1m) cover of soil overburden along a saddle-like topographic ridge. The mineralized zone has been intersected within two cross-trenches (RG-TR-20-02 and RG-TR-20-03) and remains open to the north and south, where it trends underneath thin post-mineral flood basalt cover. Several additional trenches have been planned along strike to the south, as trenching on the Property has proven to be a highly cost-effective means of sampling and attaining excellent structural and stratigraphic information for further targeting. Highlights: New Carlin-type oxidized gold discovery situated at a height of land on road-accessible BLM land, located close to excellent infrastructure within the mining-friendly State of Idaho, USA. Similar geology to Liberty Gold Corp.'s nearby Black Pine oxide gold project (Pennsylvanian Oquirrh Formation). Trench RG-TR-20-03 intersected 0.45g/t Au over 174m, including 45 metres of 0.88 g/t Au in calcareous sandstones and siltstones of the Oquirrh Formation. Representative cyanide-soluble assays from the highlight interval returned a weighted average of 90% of fire assay, attesting to the thoroughly oxidized nature of gold mineralization on the Property. Gold values from previous mapping and select surface grab samples suggest an increase in grade to the south of RG-TR-20-03, onto US Forest Service (USFS) ground. Categorical Exclusion application for the first ever trenching and drill collaring on the USFS portion of the Property has been submitted, to test better mineralized surface showings on trend to the south. Maiden RC drill program in progress on BLM land. Entire first hole (RG-RC-20-01) has been submitted for geochemical analysis, with assays pending. The Company also announced that its ongoing maiden RC drill program continues as planned. One deep, 1240-foot hole (RG-RC-20-01, -45o), has now been completed. RG-RC-20- 01 was collared on BLM ground and drilled toward a series of well mineralized outcrops at surface on United States Forest Service (USFS) ground. At the commencement of drilling, the Company had not yet applied for a permit to drill on USFS ground, and therefore the first hole was collared a considerable distance downslope of the target, on the nearest road-accessible BLM ground. Regardless of the less-than-ideal collar location, abundant quartz veining and iron oxide mineralization was encountered beginning at the top of the hole. For that reason, the entire hole has been sampled and submitted for geochemical analysis. Road access and arid weather conditions in the region continue to allow for year-round drilling and trenching operations. Announcement • Dec 10
Gold Lion Resources Inc. Commences Drilling At Robber Gulch Gold Lion Resources Inc. announced that drill crews have successfully mobilized to site and the Companies' inaugural RC drilling program on its Robber Gulch Carlin-type gold Property has officially commenced. The results from Gold Lion's recently completed trenching program are expected to be received in the coming days. Once received, they will be compiled, interpreted, and released to the market. The Robber Gulch Property is ideally located near the town of Burley in southern Idaho. The town of Burley provides excellent infrastructure for the ongoing drill program and all drill sites are accessible by well maintained drill roads. Temperate weather conditions in southern Idaho provide the Company with the opportunity to drill year-round. The Company plans to drill as many meters as possible prior to the holiday break. The first planned hole for the program will be drilled from BLM land and will target outcrops on Sawtooth National Forest land where Gold Lion obtained outcrop rock sample results up to 6.49g/t Au. The reader is cautioned that rock grab samples are selective by nature and may not represent the true grade or style of mineralization across the Property. Is New 90 Day High Low • Dec 08
New 90-day low: CA$0.28 The company is down 47% from its price of CA$0.53 on 08 September 2020. The Canadian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 6.0% over the same period. Announcement • Nov 14
Gold Lion Completes Trenching Program on Robber Gulch Gold Lion Resources Inc. announced it has completed its Phase I trenching program on its Robber Gulch Carlin-type gold Property located near Burley, Idaho. A total of four trenches were completed covering a combined 700m in total length. An effort was made to collect an even volume of bedrock along each continuous 3-meter interval, in order to minimize bias in the chip sampling. TRENCH-20-001 is 400m in length and was excavated along an existing road within the Central gold-in-soil anomaly (Fig. 1). A total of 157 contiguous 2-3-meter-long chip samples were collected from bedrock along the entire length of the trench. TRENCH-20-001 is 400m in length and was excavated along an existing road within the Central gold-in-soil anomaly (Fig. 1). A total of 157 contiguous 2-3-meter-long chip samples were collected from bedrock along the entire length of the trench. TRENCH-20-002 (78m, 26 total samples), TRENCH-20-003 (189m, 63 total samples) and TRENCH-20-004 (33m, 11 samples) were all excavated to bedrock within the West gold-in-soil anomaly. Contiguous 3-meter bedrock chip samples were taken along the entire length of each trench within the West Soil Anomaly. The bedrock encountered in all trenches consisted mostly of limey hematitic sandstones with minor interbedded limestones, with variable Carlin-type alteration and mineralization. Several sections of intense quartz stockwork veining were encountered in Trenches 1, 3 and 4, which is typically associated with higher gold grades on the Property. Assays are currently pending and are expected in early December 2020. In addition, the Company has prepared all drill sites for the upcoming Phase I drill program which will commence once the trenching results are received and compiled. Announcement • Nov 12
Gold Lion Resources Inc. Reports Strong Rock and Soil Sampling Results; Expands South Orogrande Land Package Gold Lion Resources Inc. announced the results of its 2020 soil and rock sampling program on its South Orogrande Property (the "Property) and its recently acquired Doc, Majestic, Mammoth and Red Cloud Properties (collectively the "Dixie Properties") located near Dixie, Idaho. The South Orogrande Property is under option from EMX Royalty Corp., and the Dixie Properties are 100% owned by Gold Lion (see news release dated July 9th, 2020). A total of 76 rock grab samples and 1158 soil samples were collected during the program. The Dixie Properties collectively encompass eight (8) past-producing gold mines which operated throughout the early 1900's and to the best of the Company's knowledge, have not been explored since World War II. Highlights: Rock grab sample results ranging up to 45.8g/t Au with 11 rocks returning > 5g/t Au (0.0 - 0.1 g/t: 33, 0.1 - 0.5 g/t: 18, 0.5 - 1.0g/t: 6, 1.0 - 5.0g/t: 11, 5.0 - 45.8g/t: 11). Additional ground staked over the new `CP Vein' discovery, a ~10m wide mineralized quartz vein striking for over 300m on surface and returning values of up to 11.8g/t Au and 44.8g/t Ag. Strong gold-in-soil anomalies on the newly acquired Dixie Properties, including a 600m x 200m anomaly (up to 2,766 ppb Au) on the Mammoth, a 600m x 400m anomaly (up to 303ppb Au) on the Red Cloud and a 1000m x 350m anomaly (up to 489 ppb) on the Doc, all of which remain open along strike. Extended the 5-kilometer-long gold-in-soil anomaly on the X-Zone by an additional 2.6 kilometers to the south. The soil anomaly now spans >7.5 kilometers in length and remains open toward the new CP Vein discovery. The current soil grid covers newly staked claims reported in the Company's June 12, 2020 news release (the "June 12 claims"). As the latest soil coverage extends the anomaly to the border of the June 12 claims, additional claims were acquired again in October, further extending the Property to the south and covering the new CP Vein discovery. A new ~700m long gold-in-soil anomaly (up to 287 ppb) over the historic Goldmaster mine, which remains open both to the north and south. A new ~600m long gold-in-soil anomaly in the northeast portion on the Property, which is not associated with any known historic mineralization. Is New 90 Day High Low • Nov 05
New 90-day low: CA$0.36 The company is down 44% from its price of CA$0.65 on 07 August 2020. The Canadian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 8.0% over the same period. Announcement • Nov 05
Gold Lion Resources Inc. has completed a Composite Units Offering in the amount of CAD 5 million. Gold Lion Resources Inc. has completed a Composite Units Offering in the amount of CAD 5 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 11,111,111
Price\Range: CAD 0.45
Discount Per Security: CAD 0.0315 Is New 90 Day High Low • Oct 16
New 90-day low: CA$0.45 The company is down 28% from its price of CA$0.62 on 17 July 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period. Is New 90 Day High Low • Sep 29
New 90-day low: CA$0.48 The company is down 15% from its price of CA$0.57 on 30 June 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 10.0% over the same period. Announcement • Sep 23
Gold Lion Resources Inc. Auditor Raises 'Going Concern' Doubt Gold Lion Resources Inc. filed its Annual on Sep 18, 2020 for the period ending Jun 30, 2020. In this report its auditor, Dale Matheson Carr-Hilton, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Announcement • Sep 21
Gold Lion Resources Inc. (CNSX:GL) completed the acquisition of four additional gold properties. Gold Lion Resources Inc. (CNSX:GL) entered into an agreement to acquire four additional gold properties for CAD 1.5 million on July 13, 2020. The properties are The Doc, Majestic, Mammoth and Red Cloud properties. Under the terms of the agreement, Gold Lion will issue an aggregate of 2.6 million common shares as consideration. The shares issued will be subject to a four month hold period in accordance with applicable securities laws.
Gold Lion Resources Inc. (CNSX:GL) completed the acquisition of four additional gold properties on July 15, 2020. The common shares issued as payment for the Idaho company have a statutory four month and one day hold period that expires on November 14, 2020. Announcement • Jun 16
Gold Lion Resources Inc. (CNSX:GL) acquired 40 Additional Lode Claims. Gold Lion Resources Inc. (CNSX:GL) acquired 40 Additional Lode Claims recently. Gold Lion Resources increased its land position by staking over 40 additional lode claims extending its South Orogrande land package. The additional staking covers the inferred southern extension of the Orogrande Shear Zone. 