Lion One Metals Ltd V.LIO.W

Primary Symbol: V.LIO Alternate Symbol(s): LOMLF

Metals & Mining Gold

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.

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Lion One Metals Ltd > Zone 5 ……29 grams per ton

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Comment by Puma1backon Apr 28, 2024 4:30pm

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Post# 36011760

RE:Zone 5 ……29 grams per ton

Good little conversational with Quinton - i suspect he was a strong supporter of the financing given the propensity of NFG to do the same thing time & again. Drill, drill, & then drill some more.

only take issue with his assertion that the capital raise was for the production side. LIO had cash, it could use it for exploration or production, not both as too thinly spread.

So no exploration for 2024 or a capital raise: it has hurt and Q1/Q2 are just going to be unpleasant. Can't spin it otherwise

nice modeling nozzpack

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