Lion One Metals Ltd. is pleased to announce it has entered into an agreement with Echelon Wealth Partners Inc. and Eight Capital as co-lead agents and joint bookrunners on behalf of a syndicate of agents whereby the Agents will sell on a commercially reasonable efforts private placement basis, up to 12,500,000 units of the Company at a price of $0.80 per Unit for total gross proceeds of up to $10,000,000 . Each Unit [...]
Lion One Metals Ltd. is pleased to provide an update on recent exploration progress at its 100% controlled Navilawa alkaline gold project in Fiji. Drilling Highlights: The first of a series of four deep diamond drill holes, TUDDH493 oriented eastward at an inclination of 55 degrees, is nearing its target depth of approximately 600 m after undercutting the entire Tuvatu lode network near the bottom of the current [...]
Lion One Metals Ltd. is pleased to announce the start of its high-grade feeder diamond drill program at the Company's 100% owned and fully permitted Tuvatu Alkaline Gold Project in Fiji. The first drill hole, TD01, is an 800m long hole designed to target down dip extensions near the center of the current resource in an area where an extremely high-grade feeder structure appears to be coalescing. Nearby drill hole [...]
Lion One Metals Ltd. is pleased to announce it has commenced a regional geochemical survey on its Navilawa exploration tenement adjoining the mining lease on its 100% owned and fully permitted Tuvatu Alkaline Gold Project located on the island of Viti Levu in Fiji. "Gold mineralization was first observed in the Navilawa Caldera over 80 years ago," said Lion One Managing Director Stephen Mann. "Over the last 50 years some [...]
Lion One Metals Ltd. is pleased to announce the completion of its new Geochemical Assay and Metallurgical Laboratory located at the Company's Fijian headquarters, 1km from the Nadi International Airport on the island of Viti Levu in Fiji. The Company has commenced the commissioning process of the new laboratory prior to becoming fully operational with a process capacity of 400 samples per day. The assay laboratory will [...]
Lion One Metals Ltd. is pleased to announce results from the first six diamond drill holes from its 2019 exploration program at its 100% owned and fully permitted high grade Tuvatu Gold Project in Fiji. Notable results include: TUDDH480 3.21 m of 12.98 g/t Au including 0.38 m of 91.00 g/t Au 0.95 m of 15.79 g/t Au including 0.26 m of 50.20 g/t Au TUDDH481 0.85 m of 24.34 g/t Au including 0.35 m of 57.50 g/t Au TUDDH484 [...]
Lion One Metals Ltd. is pleased to announce that drilling has commenced on its 100% owned and fully permitted Tuvatu gold project located on the island of Viti Levu in Fiji. The initial drilling program will test shallow dipping lodes in the HT Corridor; a mineralized zone cross-cutting the principal vein system of the Tuvatu resource, inside the mining lease , in close proximity to the planned mill site. The HT Corridor [...]
Lion One Metals Ltd. is pleased to announce it has agreed to sell its interests in the Olary Creek magnetite project in South Australia including its 51% tenement interest, a 47% interest in iron ore and manganese rights, and a 100% interest in other commodities. Lion One considers this sale as a means to realise value from this non-core asset. Lion One will receive payments at certain stages during the course of time [...]
Lion One Metals Ltd. is pleased to announce that its recently appointed technical advisor, Quinton Hennigh and its geology team, have undertaken a thorough evaluation of its 100% controlled Tuvatu high-grade gold deposit and adjacent tenure within the Navilawa caldera, Viti Levu, Fiji and developed aggressive plans to explore the full extent of this very large gold system. Lion One controls all of the large Navilawa [...]
Lion One Metals Ltd. is pleased to announce that Dr. Quinton Hennigh has been appointed as Technical Advisor for the Company's 100% owned and fully permitted high grade Tuvatu Gold Project in Fiji. Dr. Hennigh is an internationally-renown economic geologist, with over 25 years of exploration experience and expertise with major gold mining companies such as Homestake Mining Company, Newcrest Mining Limited, and Newmont [...]
Lion One Metals Ltd. is pleased to announce a partnership with Swiss-based clean energy provider the meeco Group to build and install a hybrid solar / diesel power plant for the Company's 100% owned and fully permitted Tuvatu Gold Project, located on the island of Viti Levu in the Fiji Islands. Lion One will be a 50% shareholder of a Special Project Vehicle through an agreed buy-in structure. Lion One will use meeco's 7 [...]
North Vancouver, British Columbia-- - Lion One Metals Ltd. is pleased to announce that construction of the new Lion One Geochemical Assay and Metallurgical Laboratory building is nearing completion at the Company's Fijian headquarters 1km from the Nadi International Airport on the island of Viti Levu in the Republic of Fiji. Construction of the laboratory building commenced in early 2018 with local contractors and will [...]