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Lion One Metals Ltd V.LIO

Alternate Symbol(s):  V.LIO.WT | LOMLF

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

Post by goodheart-ron May 31, 2021 1:21pm
187 Views
Post# 33296650

Back in action

Back in action

North Vancouver, British Columbia--(Newsfile Corp. - May 31, 2021) -  Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that exploration and development activities at the Tuvatu gold project in Fiji have resumed following recently instituted COVID-19-related lockdowns across the country.

Lion One Managing Director Stephen Mann commented "Many parts of Fiji have been under lockdown in recent weeks and we are grateful to the various agencies of the Fiji Government such as the Mineral Resources Department, and the Ministry of Commerce, Trade, Tourism and Transport in their efforts to mitigate the effects of the COVID-19 pandemic. Their quick response time has enabled the Lion One exploration team to return to Tuvatu where we are operating six drill rigs, and our analytical team to our geochemical and assay laboratory located at our Fiji headquarters near the Nadi international airport".

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