Mr. John Banning reports

LION COPPER & GOLD CORP. ANNOUNCES KEY MILESTONES ADVANCING THE YERINGTON COPPER PROJECT

Lion Copper and Gold Corp. has achieved multiple strategic milestones advancing its flagship Yerington copper project in Nevada, including the completion of all consultant engagements for the definitive feasibility study (DFS), a successful on-site kickoff workshop and the commencement of multiple drilling programs.

DFS consultant engagements complete

The company has now completed the engagement of all key engineering and technical consultants required to deliver the DFS for the Yerington copper project. The integrated team brings together leading expertise across mining, processing, environmental, hydrogeological and infrastructure disciplines.

DFS and permitting kickoff workshop conducted on site

Lion recently hosted a multiday DFS and permitting kickoff workshop at the Yerington project site, bringing together all core members of the study team. Key objectives achieved during the workshop included:

• Aligning technical assumptions and project scope;
• Advancing engineering design parameters;
• Co-ordinating workstreams across disciplines;
• Confirming timelines and deliverables.

The on-site engagement provided a strong foundation for collaboration and efficient execution of the DFS.

Drilling programs under way

Lion has commenced multiple drilling campaigns designed to derisk and optimize project design:

1. Resource drilling:
   • Drilling is now under way to support potential mineral reserve expansion and further delineate the resource base within the planned mining areas.
2. Piezometer and geotechnical drilling:
   • In parallel, Lion has initiated piezometer drilling and installation, as well as geotechnical drilling, within the Yerington pit area. These programs are designed to:
     • Advance understanding of groundwater conditions;
     • Optimize pit slope design and stability analysis;
     • Advance environmental and permitting workstreams.

Management commentary

John Banning, chief executive officer of Lion, commented:

"These milestones represent a significant step forward as we execute the definitive feasibility study and permitting stages at Yerington. With an exceptional team of technical partners in place and active field programs under way, we are focused on advancing the project with discipline while continuing to reduce risk and unlock value."

About Lion Copper and Gold Corp.

Lion Copper is a junior mining company advancing its Yerington, MacArthur and Bear projects in Lyon county, Nevada, through an earn-in agreement with Nuton. The project focuses on accelerating production from its long-life, low-strip-ratio, brownfield-advantaged Yerington copper project utilizing modern processing technologies.

About Nuton

Nuton is an innovative venture that aims to help grow Rio Tinto's copper business. At the core of Nuton is a portfolio of proprietary copper leaching related technologies and capability that offers the potential to economically unlock copper from primary sulphide resources through leaching, achieving market-leading recovery rates and contributing to an increase in copper production at new and continuing operations.

One of the key differentiators of Nuton is the ambition to produce the world's lowest footprint copper while having at least one positive impact at each deployment site across five pillars: water, energy, land, materials and society.

We seek Safe Harbor.