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Lion One Metals Ltd V.LIO

Alternate Symbol(s):  V.LIO.W | LOMLF

Lion One Metals Limited is a Canada-based exploration company. The Company is engaged in the business of mineral exploration and evaluation and is primarily focused on the acquisition, exploration and evaluation of mineral resources in Fiji. The Company owns 100% of Tuvatu Alkaline Gold Project, which is located approximately 24 kilometers northeast of the town of Nadi on the island of Viti Levu in the Republic of Fiji. The area surrounding the Tuvatu gold deposit and resource area is covered by approximately three-square kilometers of special mining lease (SML 62), with the broader project area covered by approximately 13,613 hectares of special prospecting licenses (SMLs 1283, 1296, 1465 and 1512), covering the balance of the Navilawa caldera. The SML 62 provides rights for the potential development, construction, and operation of mining, processing, and waste management infrastructure at Tuvatu. The Company holds over four exploration licenses (SPLs) for the Tuvatu properties.


TSXV:LIO - Post by User

Post by nozzpackon Apr 26, 2024 8:34am
128 Views
Post# 36008903

Feeder Zone 500…1 ounce per ton

Feeder Zone 500…1 ounce per tonRepresentative assay samples from the Feeder Zone 500  whose shallower expressions are Zone 2 and 5, weighted by the length of the depth specific intersect length , average 30.5 grams per ton ...essentially 1 ounce of gold per ton mined.

The Feeder Zone begins about 350 m of depth to about 600 m of depth .

Stope construction to that level is proceeding on pace ....and high grading early in mining is a standard 
operational decision because it quickly pays off mine development costs

ie we have a very bright future..

The link to the Source.......https://liononemetals.com/investors/presentations/
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