Join today and have your say! It’s FREE!
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by WisGuy1on Apr 08, 2022 10:47am
278 Views
Post# 34587739

Sometimes opportunities stare at you right in the face

Sometimes opportunities stare at you right in the face
InvestorSarfari  Comments:  Lion One keeps on finding more gold and according to a Sergio Catallani quote(Lion One's Senior Vice President Exploration) “While this upper 300m portion of the feeder zone alone should add significantly to the overall resource at Tuvatu, the lower 350m remains essentially undrilled.”
 
“This deep extensional drilling not only demonstrates exceptional grades at depth but further confirms the potential for a deep-rooted gold bearing alkaline gold system like the example at the nearby Vatukoula gold system in Fiji where historical gold production exceeds 7 million ounces and exploration (and gold production) is ongoing.”
 
Sometimes opportunities stare at you right in the face. Definition of Luck: When opportunity meets preparedness. It may very well  be the time to get prepared……$LIO $LOMLF
<< Previous
Bullboard Posts
Next >>