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Lion One Metals Ltd V.LIO

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

Lion One Metals Limited is a Canadian gold producer. It is in the business of mineral exploration and evaluation and is focused on the development of mineral resources in Fiji. The Company is the owner and operator of the Tuvatu Gold Mine located on the island of Viti Levu in the Fiji Islands. The Tuvatu Gold Project has been fully permitted for development, construction, and mining by the Government of Fiji with the grant of a Special Mining Lease (SML 62). The Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the Pilot Plant, and the Assay Lab. The Property comprises four special prospecting licenses (SPL 62), with a total area of 20,170.5 hectares. It also has an extensive exploration license covering the entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration targets. It holds four exploration licenses for the Tuvatu properties as granted by the mineral resources department.


TSXV:LIO - Post by User

Bullboard Posts
Post by bobcat16on Jul 15, 2011 3:54am
297 Views
Post# 18834212

RING OF FIRE

RING OF FIRE

A” PERFECT STORM” PATTERN IS EMERGING FOR THE “LION” IN FIJI

1.The operator at a previous time with gold @ previous prices : $300/oz. closed a high underground grade mine.

2.The proven gold in place has become more economically viable @ $ 1,500+/oz. and trending higher.

3.Furthermore, the previous operator identified several high grade outcrops and left 60,000 meters of un-assayed diamond drill core.

4.Lion One has combined this data with its extensive exploration program and has hypothesized a much larger gold deposit comprising porphyry as well as high grade structures.

5.In view of the world financial uncertainty, experts are predicting even higher gold prices. The uptrend has been intact for some time.

6.CONTAGEON is the operative word in the European financial syntax as PIIGS line up at the trough for sustenance and the U.S. Congress plays Russian roulette with its debt crisis.

7.Eric Sprott maintains on CNN that gold and to a lesser extent, silver, has become a reserve currency. He also maintains that either recession or inflation will adversely affect financial institutions, while gold and silver will retain their lustre.

Note: LION ONE is well funded , headed by a highly successful mining man, Walter Berukoff, and is located in the right geological setting: The Ring of Fire. Astute investment analysts are placing Lion One on their radar screen: A“Perfect Storm” pattern is beginning to emerge.

For details, check the company’s outstanding web page: www.liononmetals.com

Trading Symbol: LIO (TSX venture)

Bullboard Posts