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.

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Lion One Metals Ltd

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Comment by ittwoon Dec 17, 2019 1:08pm

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Post# 30464347

RE:3 Right Away

Microcap companies that assay their own core samples? Ya, great idea. They announced already that they will need to send the good cores out for third party confirmation... so it sounds like the lab work is going to cost them twice. Maybe that's why the resutls are taking so long.

IRV can find a lab in Japan where they are drilling.

AWE has no cash to drill with.

Not much info on the Chinese company running Vatukoula, other than the mine was shuttered in 2008 as non-economic and was recently re-opened.

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