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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

Lion One Metals Ltd
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Post by ctoivoon May 02, 2023 10:32pm
182 Views
Post# 35426589

New LION presentation

New LION presentationhttps://liononemetals.com/site/assets/files/6224/2023-05-02-cp-lio.pdf

It says:
   Estimated 20,000 ton high grade ore pile upon starting the mill
....so 20,000 x 9 g/t - 180,000 g divided by 32 equals 5,625 oz x approx USD $1,000 profit is about USD 5.5 mill.  Not bad for starters considering it would be 1/25th of our far crazy low market cap.

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