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Cuteye Properties

Liard Mining Division, Northwestern British Columbia, Canada

Project Description

The Property includes the Mister Jay (2373 ha), Lady Jane (242 ha), Lama (69 ha), and Missus Jay (468 ha) claim blocks covering twelve mineral showings in BC’s Golden Triangle, roughly 25km southwest of Glenora, British Columbia. The Property is underlain by Upper Triassic Stuhini Group volcanic and sedimentary rocks which are locally intruded by Late Triassic-Early Jurassic stocks and dykes. Multiple gold-silver-copper-lead-zinc showings have been discovered on the Property dating back to 1914, which have received little to no follow-up and no modern-day exploration.

Highlights

  • Historic rock sampling values ranging up to 11.3g/t Au (9 samples >1g/t Au), 347g/t Ag (18 samples >30g/t Ag), 7.9% Cu (20 samples >1% Cu), 5% Pb (6 samples >1% Pb), and 5% Zn (7 samples >1% Zn).1
  • Historic soil samples on the Lady Jane block returned up to 1.7g/t Au (6 samples > 100ppb Au).1
  • Historic heavy mineral sampling of streams within the Property returned values up to 11 g/t Au. 1
  • QUEST-Northwest magnetic survey completed by Geoscience BC in 2011 identified a roughly 25km long northeast-southwest oriented magnetic lineament which is contiguous with the location and trend of the historic showings.
  • Property lies less than 15km from a service road.

Gold Lion is planning a 2020 exploration program which will involve detailed mapping, prospecting and soil sampling over prospective targets on the Property including along the linear magnetic anomaly.

1Historical information contained in this news release cannot be relied upon as the Company’s Qualified Person, as defined under NI 43-101 has not prepared nor verified the historical information.

Maps

Figure 1 – Property Location

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Figure 2 – Regional Geophysics

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Figure 3 – Property Geology

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Figure 3 – Property Geology Legend

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Figure 4 – Mister Jay Historic Gold in Rock Results

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Figure 5 – Mister Jay Historic Copper in Rock Results

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Figure 6 – Mister Jay Historic Silver in Rock Results

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Figure 7 – Mister Jay Historic Lead in Rock Results

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Figure 8 – Mister Jay Historic Zinc in Rock Results

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Figure 9 – Mister Jay Historic Gold in Silt Results

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Figure 10 – Lady Jane Historic Gold in Soil Results

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