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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

Comment by ubiquitousmanon Mar 10, 2021 5:19pm
351 Views
Post# 32765711

RE:RE:RE:Price

RE:RE:RE:PriceSo far the news is they have 2 more drills on location and should be able to "get after it" drilling core holes. Let's hope so. They need to move this project along. More importantly they need to find some thick super high grade interecepts, every exploration companies "dream". Very disconcerting price action over the last 7 months. Down just over 50% from the highs and today down 5% on triple normal volume. I am still holding.
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