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Vancouver, British Columbia / TheNewswire / August 18, 2022 – Gold Lion Resources Inc. ("Gold Lion" or the "Company") (CSE:GL) (OTC:GLIOF) (FWB:2BC) is pleased to announce the development and exploration of a manganese mine in Morocco by signing a letter of intent dated August 10, 2022 (the "LOI") to acquire a 50% interest in a mining license (the "License") from Ermazon SARL ("Ermazon"), a wholly owned subsidiary of Elcora Advanced Materials Corp. ("Elcora"). Ermazon has applied for the exploitation license of the manganese concession which will fortify ongoing strategies to supply battery and electric vehicle end-users.
The manganese site was a former French mine that was in operation for decades that Ermazon and Elcora intend to leverage on-site infrastructure and facilities. Up to 600 tonnes of raw ore from the mine is ready for processing; this development and exploration project will determine whether an open pit or underground mining operation is launched.
