- Business
- Lion Copper and Gold Corp. is a Canadian mineral exploration and development company engaged in the identification, acquisition, exploration, and advancement of base and precious metal properties, with a primary focus on sustainable copper and gold assets located in the United States. The company operates within the mining and natural resources sector, targeting clean energy supply chains, electrical infrastructure, industrial manufacturing, and global precious metals markets.
The company focuses on mineral exploration, resource evaluation, and technical mine advancement; core activities, project developments, and operational capabilities include: copper resource delineation and advanced exploration at the flagship Yerington Copper District in the Mason Valley of Lyon County, Nevada; technical development and mineral resource expansion of the MacArthur copper deposit, centered on open-pit oxide and sulphide mineralization amenable to heap leaching; brownfield exploration and resource validation across the legacy Yerington open-pit mine site; exploration programs at the Bear porphyry copper deposit and Wassuk exploration properties; precious metals exploration and deposit delineation at the Challis Gold Project situated in Lemhi County, Idaho; surface geological mapping, geochemical sampling, and three-dimensional geophysical modeling; diamond core and reverse-circulation drilling programs; metallurgical testing and extraction evaluation, including solvent extraction and electrowinning processing methods and bioleach recovery technologies; environmental baseline data collection, water rights administration, and regulatory permitting services; and the delivery of technical reports, mineral resource estimates, preliminary economic assessments, and feasibility studies.
In recent strategic developments, the company formed a major multi-stage option and earn-in partnership with Nuton LLC, a Rio Tinto venture, to evaluate and deploy proprietary copper bioleaching technologies across the MacArthur and Yerington deposits. Under the terms of the agreement, Nuton provides staged exploration, engineering, and study funding in exchange for the option to acquire a controlling joint-venture interest in the Yerington copper assets upon the successful completion of advanced pre-feasibility studies and development milestones. The company also completed a corporate reorganization and name change from Quaterra Resources Inc. to Lion Copper and Gold Corp. to reposition its capital focus toward critical energy transition metals, while continuously progressing technical studies, environmental permitting pathways, and resource definition drilling in Nevada.
Originally founded in 1993 as Quaterra Resources Inc., Lion Copper and Gold Corp. is headquartered in Vancouver, British Columbia, Canada, and maintains operational project offices in Yerington, Nevada.