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Lion One Metals Ltd V.LIO

Alternate Symbol(s):  V.LIO.W | 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 WisGuy1on Apr 08, 2022 10:47am
250 Views
Post# 34587739

Sometimes opportunities stare at you right in the face

Sometimes opportunities stare at you right in the face
InvestorSarfari  Comments:  Lion One keeps on finding more gold and according to a Sergio Catallani quote(Lion One's Senior Vice President Exploration) “While this upper 300m portion of the feeder zone alone should add significantly to the overall resource at Tuvatu, the lower 350m remains essentially undrilled.”
 
“This deep extensional drilling not only demonstrates exceptional grades at depth but further confirms the potential for a deep-rooted gold bearing alkaline gold system like the example at the nearby Vatukoula gold system in Fiji where historical gold production exceeds 7 million ounces and exploration (and gold production) is ongoing.”
 
Sometimes opportunities stare at you right in the face. Definition of Luck: When opportunity meets preparedness. It may very well  be the time to get prepared……$LIO $LOMLF
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