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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 ctoivoon Nov 25, 2017 4:42am
170 Views
Post# 27029992

The Tuvatu High Grade Gold Project

The Tuvatu High Grade Gold Project is a world class discovery with near-term production opportunity.

     Although the rest of the caldera may well contain  a lot of  gold, its not like it hasn't been prospected.  It will take a lot of good analysis, drilling, and trenching which will take us a while. LIO is good at it.

    Meanwhile , with Tuvatu and the rest of the original tenemant areas, Emperor  in all likelyhood picked the best lands back when, and its getting ready to prove up and produce.

    They didn't mention it in the last news relace on groundwork, but  they're also working on an assay lab area.  That would be great to get one going on site. (Apparently assays going to Vatakoula now.)  You need that quick turn around time assying ability going as quick as you can.

  Also, a   while back there was talk about the mine plan calling for 2 new declines that will meet up down below. I assume to allow for one way traffic when they're mining. 
    They are also  to enlarge the existing decline to allow for larger machinery and access. Obviously it will need to be joined with one of the new declines.

    It would  gratifying to see some new, improved maps of the area.

   Onwards and downwards.
  


Bullboard Posts