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.

TSXV:LIO - Post by User

Lion One Metals Ltd > BM interview LIO @ 16:50

<< Previous

Bullboard Posts

Next >>

Comment by cyber37on Mar 31, 2021 10:03pm

282 Views

Post# 32920295

RE:BM interview LIO @ 16:50

So….yes Covit appears to be a stumbling block but also it looks like Wally is just a sitting duck; sitting on $65 millions & well trying to look pretty. Only recently he employed 4 drilling rigs to undertake some exploration but NOTHING has been passed along to shareholders in terms of plan, reserves estimates or any results! A black hole of mining!
Ability to raise cash is to be admired here but more so ability to use that cash to find gold! Time to get going ….or time for new management.
G37

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing