(TheNewswire)
Vancouver, B C - TheNewswire - May 19, 2023 - Gold Lion Resources Inc. (“ Gold Lion ” or the“ Company ”) ( CSE:GL)(OTC:GLIOF) (FWB:2BC) announces that it hasfiled a NI 43-101 Technical Evaluation Report (the “ Report ”) preparedin accordance with National Instrument 43-101 – Standards forDisclosure of Mineral Projects for its Mia Li-3 Lithium Project,located in the James Bay region of northern Quebec.
The Report is available under the Company’s profileon SEDAR at www.sedar.com and on theCompany’s website at https://goldlionresources.com/
Qualified Persons
TheTechnical Evaluation Report was prepared by Geologica Groupe-ConseilInc., and the contents of this news release have been reviewed andapproved by:
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Alain-Jean Beauregard, P. Geo. of Geologica Groupe-Conseil Inc., whois an independent Qualified Person as defined by NI 43-101. Mr.Beauregard is responsible for, and has reviewed and approved this newsrelease.
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Daniel Gaudreault, P.Eng. of Geologica Groupe-Conseil Inc., who is anindependent Qualified Person as defined by NI 43-101. Mr. Gaudreaultis responsible for, and has reviewed and approved this news release.
About Gold Lion Resources Inc.
Gold Lion Resources Inc. is a mineral exploration company actively involved in the exploration of its lithium and precious metalsfocused portfolio including the Mia Li-3 Lithium, Cuteye and FairviewProperties located in Quebec and British Columbia. For moreinformation please visit: https://goldlionresources.com/ .
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Haywood - Chief ExecutiveOfficer
Head Office: 305-1770 Burrard St. Vancouver, BritishColumbia, V6J3G7
Telephone: +1 (604) 416 0569
Website: www.GoldLionResources.com
Email: mark@GoldLionResources.com
The CSE and Information Service Provider have notreviewed and does not accept responsibility for the accuracy oradequacy of this release.
Forward-Looking Statements
This news release contains “forward-lookinginformation” within the meaning of applicable Canadian securitieslegislation. Often, but not always, forward-looking information and information can be identified by the use of words such as “plans”,“expects” or “does not expect”, “is expected”,“estimates”, “intends”, “anticipates” or “does notanticipate”, 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 maydiffer materially. In particular, this release containsforward-looking information relating to the Company's expectedbenefits of the Transaction and opportunities which will arise from the acquisition of the Property. The forward-looking information reflects management's current expectations basedon information currently available and are subject to a number ofrisks and uncertainties that may cause outcomes to differ materiallyfrom those discussed in the forward-looking information. Such riskfactors may include, among others, but are not limited to: generaleconomic conditions in Canada and globally; industry conditions,including governmental regulation and environmental regulation; theavailability of capital on acceptable terms; the need to obtainrequired approvals from regulatory authorities; stock marketvolatility; competition for, among other things, skilled personnel andsupplies; incorrect assessments of the value of acquisitions; geological, technical, processing and transportation problems; changes in tax laws and incentive programs; failure torealize the anticipated benefits of acquisitions and dispositions; andthe other factors. Although the Company believes that the assumptionsand factors used in preparing the forward-looking information arereasonable, undue reliance should not be placed on such informationand no assurance can be given that such events will occur in thedisclosed time frames or at all. Factors that could cause actualresults or events to differ materially from current expectationsinclude: (i) adverse market conditions; and (ii) other factors beyondthe 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 theimpact of all factors on Company’s business or the extent to whichany factor, or combination of factors, may causeactual 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 releaseand the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, futureevents or otherwise, except as required by applicable law. Additionalinformation identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadiansecurities regulators, which are available at www.sedar.com.
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