LGM Lions Gate Metals Inc.

Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company") is
pleased to announce that it has signed an amended Communication and Engagement
Agreement (CEA) with the Office of the Wet'suwet'en. The amendments extend the
terms of the original CEA to ensure continued First Nations support with the
Company's exploration activity in parts of the Wet'suwet'en traditional
territories where LGM wishes to advance select exploration activities this
summer. 


"In summary," says Blair McIntyre, Vice President of Lions Gate, "this extension
amendment ensures that the Office of the Wet'suwet'en leadership continues to
support the efforts of the Company and demonstrates that we, as corporate
citizens, continue our best efforts to act in good conscience and with social
responsibility. Community relationship-building is an ongoing process, and one
that the Company is committed to." Since the Company engaged meaningful
relations with local First Nations, the Company has: endeavored to hire local
First Nations people to work on Company exploration programs; provided capacity
funding to ensure meaningful engagement; funded a traditional Land Use Study to
address project specific risks; conducted an Open House information session;
sponsored and participated in local First Nations events. 


Moving forward, the Company will continue to collaborate and engage First
Nations in meaningful ways, including holding gatherings at exploration
locations, and promoting ongoing involvement in oversight of work taking place
on First Nations traditional territories. 


Lions Gate President and CEO, Paul Sarjeant, concludes, "By ensuring full
transparency with the Wet'suwet'en, we hope to demonstrate that, First Nations
collaboration and employment are integral to our exploration processes, and
further that First Nations input illustrates our Company's commitment to
meaningful and authentic community consultation." 


The Company has terminated its Investor Relations Agreement with Advanture
Capital that was entered into June 8, 2011. 


About Lions Gate Metals 

Lions Gate Metals Inc. is a Canadian-based, junior resource company focused on
the exploration, development, and acquisition of copper and copper-focused
multi-mineral projects. The Company boasts one of the largest consolidated
property portfolios of any Canadian junior resource company, including the
77,705 hectare Poplar copper-gold-silver porphyry property located 35km
northeast of the Huckleberry mine operated by Imperial Metals Corp
(proven/probable 39.7 million tonnes grading 0.343% copper: aggregate production
to Dec 31, 2010 approximately 870.0 million pounds copper, 8.0 million pounds
molybdenum, 105,000 ounces gold and 3.4 million ounces silver) in west-central
British Columbia, and the 6,900 hectare ROK-Coyote copper-gold porphyry property
contiguous with Imperial Metal's Red Chris copper-gold project in northwestern
British Columbia. Poplar and ROK-Coyote are the primary focus of the 2012
Exploration Program. 


About Poplar 

Lions Gate Metals Inc. has a 100% interest in the 77,705 hectare, 196 claim
Poplar Copper-Gold-Silver Porphyry Property located in western-central British
Columbia, Canada, approximately 35 kilometres northeast of the Huckleberry
copper-molybdenum mine, between Huckleberry and the mining resource town of
Houston. The Huckleberry Mine is operated by the Imperial Metals led consortium
named Huckleberry Mines Ltd. The Poplar Deposit on the Property has an NI 43-101
compliant Indicated Resource of 171.3 million tonnes grading 0.28% Cu, 0.008%
Mo, 0.08 g/t Au and 2.30 g/t Ag (0.40% CuEq), plus an Inferred Resource of 209.0
million tonnes grading 0.23% Cu, 0.004% Mo, 0.06 g/t Au and 3.62 g/t Ag (0.33%
CuEq). Additional diamond drilling is planned to further define and upgrade this
resource. Near-surface mineralization and significant gold and silver presence
are Poplar Deposit highlights. Eight other regional copper-gold porphyry targets
have been identified on the Property. 


About ROK-Coyote 

Lions Gate Metals Inc. is earning into a 75% interest in the 6,900 hectare, 19
claim ROK-Coyote copper-gold project adjacent to Imperial Metals' Red Chris
project which has reported, measured an indicated reserves of 446.1 million
tones at 0.36% Cu and 0.29% g/t Au, plus inferred resources of 268.7 million
tonnes grading 0.30% Cu and 0.27 g/t Au. The Company considers ROK-Coyote to be
one of BC's most highly prospective copper-gold alkalic porphyry targets
amenable to pit and bulk underground mining. 


Andrew Gourlay, P. Geo., Vice President Exploration is a 'Qualified Person'
under NI 43-101 and has reviewed and approved the contents of this news release.


Forward-Looking Statements 

Statements in this release that are forward-looking statements, including
statements subject to various risks and uncertainties concerning the specific
factors identified in the Company's periodic filings with Canadian Securities
Regulators. These factors include the inherent risks involved in the exploration
and development of mineral properties, the uncertainties involved in
interpreting drill results and other exploration data, the potential for delays
in exploration or development activities, the geology, grade and continuity of
mineral deposits, the possibility that future exploration, development or mining
results will not be consistent with the Company's expectations, accidents,
equipment breakdowns, title matters, labor disputes or other unanticipated
difficulties with or interruptions in production and operations, fluctuating
metal prices, the possibility of project cost overruns or unanticipated costs
and expenses, uncertainties relating to the availability and costs of financing
needed in the future, the inherent uncertainty of production and cost estimates
and the potential for unexpected costs and expenses, commodity price
fluctuations, currency fluctuations, regulatory restrictions, including
environmental regulatory restrictions and liability, competition, loss of key
employees, legal, political or environmental factors that may influence future
events or conditions, and other related risks and uncertainties. The Company
undertakes no obligation to update forward-looking information except as
required by applicable law. Such forward-looking information represents
management's best judgment based on information currently available. No
forward-looking statement can be guaranteed and actual future results may vary
materially. Accordingly, readers are advised not to place undue reliance on
forward-looking statements or information.

Lions Gate Metals Inc. (TSXV:LGM)
Historical Stock Chart
Von Mai 2024 bis Jun 2024

Lions Gate Metals Inc. (TSXV:LGM)
Historical Stock Chart
Von Jun 2023 bis Jun 2024