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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 ctoivoon Jun 09, 2022 9:22pm
222 Views
Post# 34745805

Getting Schooled by Mann

Getting Schooled by MannIn March of 2018 I sent an email to LION’s then head geologist, the esteemed Stephen Mann asking a number of questions.
 
(This was a year before Quinton Hennigh came on board.)
 
One  Question:
      was querying the possibility that the Jomaki Ridge  prospect  (1.3  KM south of Tuvatu) might be a vertical feeder zone (like Lihir has) or is it more likely a lateral extension from Tuvatu and the caldera?
 
Mann’s answer:
 
        “In relation to your second email I make the following comment.
      We have a lot of evidence that a number of the mineralized lodes in this caldera extend at depth, as well as along strike. In many cases, there is no evidence that some of the lodes thin at depth, or drop in grade.
 
     We remain hopeful that what we see at Tuvatu, or in that case at the numerous other prospects in the Navilawa Caldera, are the up-dip feeders from the deeper source. Within the existing mining lease, we have four prospects outside Tuvatu with visible gold in outcrop or trenches (including Jomaki,(502 g/t over .7 m) ,  Nubunidike [to 293 g/t Au], Ura Creek [to 54 g/t Au]),  as well as half a dozen other prospects with numerous samples  >1g/t Au from surface sampling. If you take the entire tenement package, those figures will over triple.
 

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