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.

TSXV:LIO - Post by User

Lion One Metals Ltd > Road ahead to 100.000oz per year.

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Comment by Puma1backon Aug 29, 2024 10:51pm

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Post# 36202255

RE:RE:Road ahead to 100.000oz per year.

if you just keeping burning cash with a drill and therefor have to continually go back to the markets for cash - it is pretty hard to suceed short of your drill hitting a nest of geese all laying golden eggs.

we are suffering the same disastrous approach that has killed NFG - stop drilling and get the mill operating cash flow positive - how can this escape them?

Aton wrote: A little clip from Seeking alfa about alkaline Gold systems in general and LIO:

"Tip of an iceberg.."

” Alkaline-related gold systems are known not only for their high-grade and large tonnage but also for their low-sulfide mineralogy, which happens to have beneficial metallurgical and environmental implications. Some alkaline epithermal gold deposits found in the shallow levels may just be the tip of an iceberg so to speak, because there may exist much larger, alkaline porphyry gold systems in the depths. Such is suspected to be the case for Lion One Metals, which of course is the topic of another article.”