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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

Post by ctoivoon May 02, 2023 10:38pm
250 Views
Post# 35426596

News from the LION Den

News from the LION Den 
I spoke with Hamish at HQ
 
•             Like most of us here, he’s excited about how things are going.
•             New PR guy on board named Roman
•             Cannacord conference next week.
•             Updates being worked on, (no specific dates yet.)
•             CSAMT phase 2 has resumed
•             7 owned drill rigs, + one leased.  Drills turning on different priorities.
•             Something close to my heart, they’re working on updating the 3D program.

The subject of Lode names came up.  I’ve known the 11+ UR lodes were named after the Upper Ridges and that they were amongst the first to be discovered and also the highest grades.  With regards to the URW lodes, they mean UR west lodes.  (not to be confused with the lodes at West Tuvatu)
_______________________
 
What was surprising to me was that the recently found URA1 lode was named by the Fijian miners after Ura Creek findings, 2.5 km away; apparently intuition telling them they may be the one and the same
 
From a 2018 Junior Gold news release:
 
Ura Creek: mapping of extensions of at least 3 veins in the Ura vein system including continuations NE towards the principal gold bearing veins of the Tuvatu system giving a target strike length of 2.2 km.
 
From the miner's intuition to God’s laptop, eh?
 
Of course you don't want to hang your hat on speculation, but it's interesting, as are the possible ties between Ura Creek and Jomaki and from Jomaki back to Tuvatu.
________________________

Do some good DD on Lion One metals for your own good.
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You listen to pandlode SillyTony at your own risk, though he is good for laffs.

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