[Blockierte Grafik: http://www2.cdn-news.com/database/fax/2000/lion_ore.gif]
TSX, ASX. SYMBOL: LIM
LSE SYMBOL: LOR
MAY 13, 2004 - 19:12 ET
LionOre Mining Reports First Quarter Results
TORONTO, ONTARIO--(CCNMatthews - May 13, 2004) - LionOre Mining International Ltd. ("LionOre"), (TSX/ASX: LIM; LSE: LOR), an international nickel and gold producer, today reported its first quarter financial results and operational highlights. All amounts
are in U.S. dollars unless otherwise noted.
For the three-month period ended March 31, 2004, LionOre's
revenue increased to $112.5 million from $41.5 million in the
same period of 2003. Net earnings for the first quarter were
$31.4 million or $0.16 per share compared to $9.1 million or
$0.06 per share in the first quarter of the prior year.