timeline and some of the grades *Kudos for Wally for the many dozens of meetings with the Fji Government and local leaders and the excellent relationships that followed to this day.
*Feb 2014 Environmental assessment from Fiji allowed go ahead.
*May 2014: 21 year Surface lease agreement with Fiji’s land trust board
*Sept 2014 Mine planning. Processing plant and geotechnical studies started.
*March 2015 Big day…approval of mining lease
*May 2015 another big day: Lion One Announces Robust Preliminary Economic Assessment for High Grade Gold Operation
*Summer 2015: there was talk of starting to mine and stockpile 1st quarter 2016. Those shareholders around from back then can wax poetic on their feelings about that not happening. A year or two later, WB said in an interview ‘that he likes his gold in the ground’ which might ‘splain a few things’. Having a mine starting up may actually have speeded up LION getting the rest of the caldera. It would have been cold to have the Newmont or Newcrest guys giving us a wave from the road we rebuilt as they sped up north past our mining. (at least one major was in pursuit of the concessions).
Oh well as neksav has said: all forgiven now.
In the mean time since 2011 they’ve had drill programs.
Grades…exhibit C
2012
TUDDH-347: intersected 3.78 m @ 16.15 g/t gold from 122 to 125.77 m (including 0.09 m @ 248 g/t gold)
TUDDH-348: intersected 7.49 m @ 23.03 g/t gold from 155.05 to 162.54 m (including 0.11 m @ 855 g/t gold)
TUDDH-349: intersected 11.9 m @ 11.77 g/t gold from 128.55 to 140 m 2013
Hole ID Interval From Lode
TUDDH 341 2.32 m @ 62.81 g/t Au Snake lode
TUDDH 350 2.55 m @ 22.56 g/t Au Murau 2 lode
and 1.39 m @ 10.56 g/t Au Murau 2
and 3.66 m @ 15.68 g/t Au Murau 1
TUDDH 356 3.59 m @ 15.43 g/t Au Snake
TUDDH 347 3.78 m @ 16.15 g/t Au
TUDDH 348 7.49 m @ 23.03 g/t Au
TUDDH 349 11.90 m @ 11.77 g/t Au
TUDDH-359 3.11m 14.31g/t
TUDDH-365 13.81m 7.07g/t
UDDH-364 6.43m 12.74g/t
including 4.39m 18.34g/t
TUDDH 364 6.43m 12.74g/t Snake
TUDDH 365 13.81m 7.08g/t Murau 1
TUDDH 371 9.95m 14.28g/t
TUDDH 371 1.09m 38.38g/t
TUDDH 373 7.13m 8.46g/t
Some historic results from west Tuvatu
Hole ID Interval (m) Grade (g/t Au) From (m depth)
TUDDH 228 3.54 29.17
TUDDH 223 3.05 16.95
TUDDH 227 2.70 21.85
TURC 205 4.00 10.39
TURC 204 15.00 6.58
TURC 174 9.00 43.22
2016
Tuddh 406 71.41 g/t Au over 8.41 meters from infill drill hole TUDDH 406, including 126.67 g/t Au over 4.56 meters, drilled from surface to a vertical depth of 92 meters. !!
Tuddh 407 4.05 12.32
Tuddh 408 0.30 76.60g/t
also 2.55m 13.95g/t
Tuddh409 6.77m 7.83g/t
includes 3.92m 12.54g/t
Tuddh410 2.42m 24.07g/t
Tuddh412 1.39m 16.06g/t
2017
Tuddh419 9.07m 13.52g/t
TUDDH 429 3.05m 6.49g/t URW3
+ 1.45m 26.02g/t URW1
TUDDH 431 3.55m 12.09g/t URW3
New 3 km long HT zone discovered with a different type of ore than the rest.! Surface to 82 meters..more drills!
TUDDH 442 3.66m 1.74g/t
and 2.77m 85.42g/t
and 2.57m 3.66g/t
and 3.22m 6.83g/t
TUDDH 448 0.80 8.27
+ 0.77m 4.08g/t
+ 0.43 6.48
+ 5.27 2.54
TUDDH 449 3.50m 6.00g/t
TUDDH 458 1.20m 10.17g/t
Tuddh459 3.90m 9.55g/t
TUDDH 461 3.40m 23.24g/t
Oct 2017 at HT Zone !
11 meters averaging 9.1g/t gold from 80.8 meters including: 5.2 meters averaging 15.3g/t gold
4.8 meters averaging 20.3g/t gold from 21.5 meters including:1.8 meters averaging 51.8g/t gold
4.5 meters averaging 7.1g/t gold from 214.5 meters including:
1.8 meters averaging 15.0g/t gold
Lately---the deeps.