Lion Rock Resources Inc. (“Lion Rock” or the “Company”) (TSXV:ROAR) is a brownfields exploration company focused on the Maybrun Copper-Gold Project (the “Project”) in Northwestern Ontario, approximately 80km from New Gold’s Rainy River Gold Mine and 15km from First Mining Gold’s Cameron Lake Project. Ontario was ranked in the Top 20 mining jurisdictions globally by the Fraser Institute in 2020.
Ontario, Canada, is a tier one mining jurisdiction that hosts over 40 operating mines, and that benefits from broad political and community level support. It is the top gold producing province in Canada and the second largest copper producing province. According to the OMA “Economic Research Report”, nearly $10 billion has been earmarked by Federal and Provincial governments for critical metals and EV battery manufacturing support in Ontario.