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.

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Lion One Metals Ltd > QH on LIO Financing Kereport

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Post by WisGuy1on Jan 24, 2023 7:40pm

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Post# 35243744

QH on LIO Financing Kereport

https://www.kereport.com/2023/01/24/lion-one-metals-a-us37milllion-financing-facility-secured-what-does-this-mean-for-the-mine-build/

Quinton Hennigh, Technical Advisor at Lion One Metals $LIO $LOMLF discusses the US$37million financing facility, announced on January 19th. The major question being if this will fund the Company through the ongoing mine build, with $gold #production forecasted for the end of 2023 at the Tuvatu Project in #Fiji. Quinton outlines the move into production, starting with small-scale production. This ties into a discussion on the ongoing drill program that is a blend of infill and #exploration at depth.

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