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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
Comment by Weebleon Sep 12, 2017 4:32pm
74 Views
Post# 26686887

RE:Stepping up the News

RE:Stepping up the NewsYeah, it doesn't say much but this just came in today.  I am not complaining, every little bit helps.

Drilling, Dewatering and Development continue as Lion One progresses in the advancement of the Tuvatu underground.

Photo: Underground drill station


Photo: Decline ventilation and lighting


Photo: Lion One Managing Director Stephen Mann and Lands Manager Moape Navia


Please refer to the company website for addition photos https://liononemetals.com/news-media/image-gallery/

About Tuvatu | Lion One | Fiji Gold
Lion One is aggressively advancing its 100% owned Tuvatu Gold Project as a world class discovery and near-term production opportunity in the southwest Pacific Ring of Fire. Tuvatu is modeled for exploration after regional giants in the low sulfidation family of the high grade epithermal gold deposits such as Progera and Lihir, and Vatukoula in Fiji. These spectacular discoveries have produced over 35 million ounces of gold in similar alkaline volcanic settings. Tuvatu has been fully permitted by the Government of Fiji for operations startup and has a dual-track strategy of production development and resource expansion inside its 385 hectare mining lease.

Tuvatu is located 25 km from the international airport in Nadi on the west coast of Viti Levu in the Republic of Fiji. Lion One's CEO Walter Berukoff leading an experienced team of mine builders, has owned or operated over 20 mines in 7 countries. As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha, Walter is credited with building over $3 billion of value for shareholders.


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