Lion One Metals Ltd V.LIO

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

Metals & Mining Gold

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.

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Lion One Metals Ltd > Halt on ASX

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Post by mjh9413on Apr 06, 2023 12:38am

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Post# 35382432

Halt on ASX

Was at company request pending announcement. Can resume now as announcement made despite request for halt to Apr 12th.
Their NR states "high-grade inventory stockpile will constitute the initial feed for the Company’s custom-designed-for-purpose processing facility, currently under construction" but, as with Feb 17th release, I don't see timeline to completed construction and that initial feed. Would be good to see timeline. Still, might anticipate about 80ozs/day production with 300tpd feed and gross sales about US$5MM/mth at $1950 Au price....that's gross amount, so long way to go..

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Nine Mile Metals completes acquisition of 3 properties