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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 Tommy10on Nov 30, 2018 9:18am
33 Views
Post# 29044278

RE:RE:RE:RE:RE:Is Wally Santa or Grinch ?

RE:RE:RE:RE:RE:Is Wally Santa or Grinch ? The equipment costs aren't going to be an issue. There are many ways to finance equipment and with Wally setting this up to be a long life multi million ounce mine the equipment manufacturers are not going to do anything that is going to hurt them from doing lots of business with Lion One over the years. Labour costs if anything is the bigger issue when it comes to cashflow. As i said before, there is lots of cash and plenty more available if need be
Bullboard Posts