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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

Lion One Metals Ltd
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Post by ctoivoon May 27, 2015 12:20am
104 Views
Post# 23767943

Porphyry?

Porphyry?Lion's neighbors to the west, Geopacific, did limited drilling on their Sabeto project. They were considering drilling deep to see if they could hit a porphyry deposit but I don't believe they ever followed through. Of course they never hit the high grade that Emperor found in that hole at Tuvatu. From their website: While mineralisation in SBD001 is associated with syenite porphyry, it is thought that the actual mineralising porphyry phase remains undiscovered.
https://geopacific.com.au/fiji-sabetovuda/  





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