LionGold Corp Ltd is an investment holding company. The Company's segments include Investment holdings and Gold investments. The Investment holdings segment is engaged in investment holding. The Gold investments segment is engaged in gold exploration and mining projects. The Company, through its subsidiary Castlemaine Goldfields Pty Ltd, operates a gold mine at Ballarat in Australia's Victoria gold belt and owns several tenements around the Ballarat Gold Project and in nearby goldfields. Castlemaine Goldfields Pty Ltd produces approximately 41,000 ounces of gold. Its subsidiary, Signature Metals Limited, holds interests in the Konongo gold project in Ghana. The Company's subsidiaries include Castlemaine Goldfi elds Pty Ltd, LionGold Australia Pty Ltd and LionGold Mining Canada Inc.