Lion One Metals Ltd V.LIO

Getting Schooled by Mann

[ctoivo]

In 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.

[heybulldog]

Very interesting Ctoivo.  The danger as I see it is that we get taken out too early before we prove up these other areas of the Caldara. Barrick forced Great Bears hand and they ended up being  taken out at the low end. Nice problem to have mind you.