Lion One Metals Ltd V.LIO

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

Metals & Mining Gold

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

Bullboard Posts

Comment by sb342on Jul 21, 2015 1:31pm

79 Views

Post# 23945316

RE:RE:leaking news

It's typical to factor in exploration. However, its usally only very modest as costs will increase well beyond that. It makes no sense to LIO or any other company to be realistic on forcasting exploration costs because it just detracts from the economics and provides no immediate or quantifiable value.

I think the operation will make money at current gold prices and has nice exploration upside. I originally modelled the economics before the PEA and they are very similiar.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?