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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 ctoivoon Jan 25, 2023 6:02pm
217 Views
Post# 35246548

RE:RE:RE:RE:Market does not care

RE:RE:RE:RE:Market does not careDosco,    I’ll bet you’re replying to  micropp  who I’ve had on ignore for a long while because of his troll slime.
He was schooled many times on the subject of widths , but here is some more information for the slow learner dolt and for anyone  new to LIO  who might be tempted to believe the liar.
 
      Our little brother twin 25 miles north,   Vatukula has been mining similar so called narrow veins  on their 11.5  million ounce  of gold resource  for 85 years.   The Tuvatu/Navilawa mineralization appears to be much more widespread and has the advantage of their lodes being more vertical and easier to mine than at Vatukoula/Tavua.
 
    Troll boy can’t seem to grasp the configuration of the gold resource. The veins of the lodes at Tuvatu are close together so they will be mined together.  (the drill holes only give you a hands width sample and not the whole picture of what’s around it…duh. )  The veins together comprise large lodes that are  often long and deep as well as open for resource expansion horizontally and at depth..  In the resource model the  average width of veins is 7 feet ,  while going up to up to 29 feet wide.  Since the veins are often close together they will be mined together.

   That being said, there have been many, many, wide intercepts..

   One of many exciting ones was announced a couple months ago regarding  the deep 500 zone.  “A   high-grade intercept of 17.52 g/t Au over 23.7m with 10.4m true width from TUDDH 608”.   This area is open at depth, possibly for a half km or more)   (BTW, micro was ignorantly fussing about  too deep mineralization so the boy  never heard about shafts , headframes and lifts?  Vatukoula has a number of them and they’ve gone down to 1,200 meters  and more..
 
  Another exciting area is the HT corridor that they’ve traced for 3km!  but haven’t had the time to drill but just a little of it.  Along with many great hits, they found 11 meters averaging 9.1g/t gold from only 80.8 meters deep …and a whopping ~8 meters true width) 26 feet.

    Soon there will be a new, resource estimate so watch for that as well as for a lot of news coming up.
 
I think you all know this, but if you’re going to base decisions on a stinky troll, you deserve to lose money on investments as he has shown that he does.

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