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Lion One Metals Ltd V.LIO

Alternate Symbol(s):  LOMLF | V.LIO.W

Lion One Metals Limited is a Canada-based exploration company. The Company is engaged in the business of mineral exploration and evaluation and is primarily focused on the acquisition, exploration and evaluation of mineral resources in Fiji. The Company owns 100% of Tuvatu Alkaline Gold Project, which is located approximately 24 kilometers northeast of the town of Nadi on the island of Viti Levu in the Republic of Fiji. The area surrounding the Tuvatu gold deposit and resource area is covered by approximately three-square kilometers of special mining lease (SML 62), with the broader project area covered by approximately 13,613 hectares of special prospecting licenses (SMLs 1283, 1296, 1465 and 1512), covering the balance of the Navilawa caldera. The SML 62 provides rights for the potential development, construction, and operation of mining, processing, and waste management infrastructure at Tuvatu. The Company holds over four exploration licenses (SPLs) for the Tuvatu properties.


TSXV:LIO - Post by User

Bullboard Posts
Comment by Streicheron Dec 24, 2019 2:25pm
203 Views
Post# 30488481

RE:This Could Be A Monster

RE:This Could Be A Monster
I assume for all your postings that you think Lio is a good thing Tony. :-).  It doesn't really matter if there are veins running down to the earth's core. While oz in the ground are a reasonable measure of the quality of a reserve or resource, what really matters is the mineability of the reserves ie at what rate can they be mined and at what cost?  That we will see in due course.
There have been many comments on here about the sample preparation and assays lab facilities. The big advantage is the quick turnaround the facilities will give for mining in particularly and exploration generally. For NI43-101 purposes, I expect that samples will still be required to go to an accredited assay lab and that the sample prep and chain of custody of samples will be audited and approved such that only a relatively small weight of sample need be sent to the external lab.
For the record, I bought in years ago. 100,000 at a buck.
Bullboard Posts