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.

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Lion One Metals Ltd

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Post by LondonInveston Jan 25, 2022 3:41am

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Post# 34356852

LIO High Grade Hits 1,616g over 0.4m, 360g over 1.8m!

Bonanza grade hits... ups resource at shallow depth (70m).

https://liononemetals.com/2022/01/additional-high-grade-infill-drill-results-including-359-8-g-t-au-over-1-8m-including1616-g-t-au-over-0-4m/

Here are more drill results from Lion One this morning. For a basis of assessment, if you multiply width of strike intercept in meters by grade of gold in grams/ton any result over 100 m*g/t is usually very good and highly economic to mine.

Today’s results show 0.4m x 1616 g/t = 646 m*g/t

or for the entire intercept it is even higher 1.8m x 359.8 g/t = 647 m*g/t

You can see the visible gold and gold wire from the drill hole. This is ridiculous and very rare to see.

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