GOLD LION Announces MIA-3 Lithium Project Target Priorization
NEWS RELEASE
GOLD LION ANNOUNCES MIA-3 LITHIUM
PROJECT TARGET PRIORIZATION
Vancouver, British Columbia / June 21, 2023 – Gold Lion Resources Inc. (“Gold Lion ” or the
“Company”) (CSE: GL) (OTC: GLIOF) (FWB: 2BC) is pleased to announce that it has completed its
initial field work target prioritization work on the Mia -3 Lithium Project located in Eeyou Istchee, James
Bay Quebec.
“Gold Lion are excited about the upcoming field work after completing a tight focus review of surface
features from the historical data as well as the results of the recent Technical Report”, said Mark Haywood,
CEO of the Company, “Forest fire risk remains high in the region and our crew will begin work as soon
as conditions are safe.”
The following satellite image shows a selection from the tight focus review of surface exposures with
selection of prominent reflective linears characteristic of the positive topographic relief of pegmatite
exposures in the region. These selected linears across the property provide initial vectors for Gold Lion’s
crew to be examine for lithium bearing minerals such as spodumene, lepidolite and sample for lithium and
general chemistry related to Lithium- Cesium-Tantalum (LCT) pegmatites common to the James Bay
region.
Source image used: Bing Maps, Microsoft
The Mia-3 project is located 14 km to the northwest of the Mia kadow 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 a re a key exploration vector which Gold
Lion will investigate during this initial field program.
Géologica Groupe – Conseil recently completed a property Technical Report dated May 5, 2023, “NI 43-
101 Technical Evaluation Report of the Mia Li-3 Lithium Project”. The report is filed under the Company’s
profile on SEDAR. 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.
About Gold Lion Resources Inc.
Gold Lion Resources Inc. is a mineral exploration company actively involved in the exploration of the Mia-
3 Lithium Property located in the James Bay region of Quebec . For more information please visit:
https://goldlionresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Haywood Chief Executive Officer
Head Office 305-1770 Burrard St. Vancouver, British Columbia, V6J3G7
Telephone +1 (604) 416 0569
Website www.GoldLionResources.com
Email [email protected]
The CSE and Information Service Provider have not reviewed and does not accept responsibility
for the accuracy or adequacy of this release.
Qualified Person
William McGuinty, P.Geo, a consultant to the Company, is a registered professional geologist with the
Ordre des Géologues du Québec and Qualified Person as defined by National Instrument 43-101 - Standards
of Disclosure for Mineral Projects and has reviewed the technical information in this news release.
Forward-Looking Statements
This news rele ase contains “forward -looking information” within the meaning of applicable Canadian securities
legislation. Often, but not always, forward-looking information and information can be identified by the use of words
such as “plans”, “expects” or “does not ex pect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not
anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”,
“could”, “would”, “might” or “will” be taken, occur or be achieved. Actual future results may differ materially. In
particular, this release contains forward -looking information relating to the Company's expected benefits of the
Transaction and opportunities which will arise from the acquisition of the Property. The forward-looking information
reflects management's current expectations based on information currently available and are subject to a number of
risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward- looking
information. Such risk factors may include, among others, but are not limited to: general economic conditions in
Canada and globally; industry conditions, including governmental regulation and environmental regulation; the
availability of capital on ac ceptable terms; the need to obtain required approvals from regulatory authorities; stock
market volatility; competition for, among other things, skilled personnel and supplies; incorrect assessments of the
value of acquisitions; geological, technical, processing and transportation problems; changes in tax laws and incentive
programs; failure to realize the anticipated benefits of acquisitions and dispositions; and the other factors. Although
the Company believes that the assumptions and factors used in preparing the forward- looking information are
reasonable, undue reliance should not be placed on such information and no assurance can be given that such events
will occur in the disclosed time frames or at all. Factors that could cause actual results or events to differ materially
from current expectations include: (i ) adverse market conditions; and (ii) other factors beyond the control of the
Company. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict
all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which
any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking
information. The forward-looking information included in this news release are made as of the date of this news release
and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information
whether as a result of new information, future events or otherwise, except as required by applicable law . Additional
information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings
with Canadian securities regulators, which are available at www.sedar.com.