First Drilling Results From Robber Gulch

VANCOUVER – Gold Lion Resources Inc. reported results of the first hole drilled by the Company on its Robber Gulch Property located near Burley, Idaho. Reverse Circulation drill hole RG-RC-20-01 intersected three separate intervals of stratabound gold mineralization, southeast of the project’s Raider Zone. The drill hole was collared 330 meters southeast of trenches RG-TR-20-02 and RG-TR-20-03, prior to the Company receiving those analytical results.

The drill hole targeted a steeply dipping structure coincident with strong gold mineralization from grab samples collected on the Sawtooth National Forest. As the Company does not yet have its Forest Service drilling permit, the hole was collared on an existing road on BLM ground, well downslope of the strong surface mineralization. Prior to reaching the mineralized structure, the hole encountered the Manning Canyon Shale, which underlies the receptive gold bearing units. Despite intersecting the gold bearing calcareous sandstone host approximately 160 meters east of the mineralized structure, the hole returned 0.20g/t over 24.4m and 0.24 g/t Au over 48.8 meters. The host sandstone units are interpreted to have a high degree of porosity and permeability and the grade of gold correlates with their proximity to the mineralized structure.  

The Phase II drill program includes several drill holes located along a section of road crossing the mineralized structure identified at the project’s Raider Zone. The holes will be drilled at steep to vertical orientations to test the thickness of the shallow dipping mineralization within the receptive host units.

Following the completion of the Phase II drilling program, the Company plans to continue stepping south on to Sawtooth National Forest ground where the best grab samples, up to 6.49g/t Au, have been collected on surface to date.

Highlights: Carlin-type gold mineralization intersected in RG-RC-20-01 at depth, a considerable distance from the north-south oriented mineralized structure recently discovered in trenches RG-TR-20-02 and RG-TR-20-03 within the project’s Raider Zone; Plan of Operations permit application prepared to allow drilling to continue onto Sawtooth National Forest ground, to test stronger mineralization to the south of the current drilling which is constrained to BLM lands; and Property located on road-accessible BLM and Forest Service ground, close to infrastructure within the mining-friendly State of Idaho.