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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 ctoivoon Mar 02, 2022 7:17pm
192 Views
Post# 34477199

Regarding The 2 new deep capacity drill rigs

Regarding The 2 new deep capacity drill rigsThe addition of the two spanking new Canadian deep capacity drill rigs is excellent news.

Fortune favors the bold.

Back when Pretium was exploring using 6 to 8 drill rigs, I recall hoping that LION would follow suit , and lo and behold.

Perhaps we will follow their path to an exceptional buyout also. (both are high grade ‘island-arc’ resources after all.)

This purchase may well help deliver LIO shareholders a great Christmas/New Year's present, when the phase 2 infill drilling will be done, and additional 500 deep drill holes, (and others) completed so that we can have a new robust resource estimate and perhaps the
‘ beginnings’ of some realistic offers from the majors.

I used to say on the board regarding the company.

“¡Arriba, arriba! ¡ndale, ndale!

It's Great to see them ndale! ing!!
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