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Lion One Metals Ltd V.LIO

Alternate Symbol(s):  LOMLF | V.LIO.W

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 Frozengoldwaition Jan 11, 2024 11:41am
276 Views
Post# 35821553

Filling the Mill

Filling the Mill If a mill can do 300tpd doesn't mean they run it at capacity. That is only if the moon and stars are lining up.
There is a bunch of stuff they don't want a news release about, even if it is a normal course of comissioning a mine.

The stock pile can feed it that much, but if the recoveries are not up they will run it at a lower rate until they get it figured out.  The new guy is tasked with that.  Otherwise a bunch of gold runs out into the tailings.  They shouldn't  mill tons just for tons sake.  That is what PGM was doing.

Even after they get the recoveries up to par,  with only a couple of headings producing it will be difficult to produce that much high grade ore.  They need to get numerous headings happening and some additional haul trucks to get the ore to mill. 

The mine is procceding  and will get there,  just not tommorrow. 

Still waiting LOL


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