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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 Mineshackon Jul 28, 2020 11:44am
296 Views
Post# 31330971

RE:Hedgeless Horseman comment

RE:Hedgeless Horseman commentHH suggest we may soon be in production. BM said (Jul 27, 2020) it is going to be bought out way before they ever come up with an updated 43-101. If either of these two are correct, then it seems the value must advance rapidly.



WisGuy1 wrote: HHorseman The most exciting thing about LIO as a case/stock is that this won't be the only Fosterville-like asssay... And we know how what the evolving Fosterville did to the share price of Kirkland Lake with a steady stream of high grade to bonanza intervals. Granted we are not in production but we might be sooner rather than later and our starting grades on surface are higher than Fosterville's shallow portion which graded around 4 gpt. You know I am biased of course but I think LIO has the recipe to be one of the absolute best performers in the future, like it was last year


Bullboard Posts