Business
Gold Lion Provides Corporate Update and 2020 Operational Guidance
VANCOUVER, British Columbia, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Gold Lion Resources Inc. (“Gold Lion” or the “Company”) (CSE: GL), a growth oriented mineral expl
About this update from Panther Minerals Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Gold Lion Resources Inc. (“Gold Lion” or the “Company”) (CSE: GL), a growth oriented mineral exploration company, is pleased to provide the following corporate update and operational guidance for the 2020 exploration season. CORPORATE UPDATE The Company began trading on the Canadian Securities Exchange (the “CSE”) on November 13, 2019, quoted under the ticker symbol “GL”. Gold Lion is actively involved in the exploration of its 2574.3-hectare Fairview Copper-Gold project (the “Fairview Project”), situated in the Kamloops Mining District of British Columbia. Gold Lion has completed a comprehensive corporate branding initiative culminating with the official launch of its corporate website. The Company encourages all current and prospective shareholders to visit the Gold Lion corporate website located at: https://goldlionresources.com/. In the first quarter of 2020, Gold Lion will look to secure a listing on the Frankfurt Stock Exchange, as well as receive eligibility from the Depository Trust Company (“DTC”) for its shares on the OTC marketplace. The Company’s anticipated tri-listing will afford its current shareholders preeminent liquidity, all while contributing to a genuine global presence through improved accessibility for international capital flows. OPERATIONAL GUIDANCE In addition to the active exploration on the Company’s Fairview Project, Gold Lion is actively evaluating various district scale land packages located in prolific mining jurisdictions throughout Canada and abroad. Additionally, the Company is assessing various advanced stage Canadian gold assets. Gold Lion forecasts it will augment its current property portfolio during Q1 or Q2 of 2020. Oliver Friesen, Director of Gold Lion stated: “As the Company prepares for the 2020 exploration season we will continue to monitor the positive price action of the underlying commodities associated with our Fairview Project. The Company is encouraged by the results of its 2019 helicopter-borne magnetic survey on its Fairview Project, which has helped define prospective structures for follow up during the 2020 field season. We are of the opinion that a bull market in gold is looming and will look to amplify our exposure through the acquisition of a district scale land packages situated...