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

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Post by nopooon Sep 11, 2024 11:05am

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Post# 36218534

Junior Resource Companies own the world’s future mines

Junior Resource Companies own the world’s future mines

A junior resource company’s place in the food chain is to acquire projects and make discoveries.

Discoveries won’t be made if juniors don’t have boots on the ground, if they aren’t out in the bush poking around and busting rocks.

Juniors are extremely important to major mining companies because they are the firms finding the deposits that will become the world's next mines.

In this way, juniors help the majors to replace the ore that they are constantly depleting in their operating mines – put another way, juniors find the resources for major’s to turn into mineable reserves.

https://aheadoftheherd.com/junior-resource-companies-own-the-worlds-future-mines-richard-mills/

#Juniors #Gold #Copper #Silver $MAX $SNAG $SGD $VZLA $LIO

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Investors eye Australian gold mining projects amid promising developments