Lion One Metals Ltd. is pleased to announce that it has closed its previously announced bought deal offering of 17,348,000 units partial exercise of the over-allotment option granted to the Underwriters) at a price of $0.77 per Unit for gross proceeds of $13,357,960 . Each Unit consists of a common share of the Company and one-half of one common share purchase warrant to purchase a Common Share at a price of $1.05 for a [...]
Lion One Metals Ltd. is pleased to announce that it has entered into an agreement with Eight Capital and Canaccord Genuity Corp., as co-lead underwriters and joint bookrunners , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis,16,240,000 units of the Company at a price of C$0.77 per Unit , for total gross proceeds of C$12,504,800 . Each Unit will consist of one common share in the [...]
Lion One Metals Ltd. is pleased to announce that it has entered into an agreement with Eight Capital and Canaccord Genuity Corp., as co-lead underwriters and joint bookrunners , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis,16,240,000 units of the Company at a price of C$0.77 per Unit , for total gross proceeds of C$12,504,800 . Each Unit will consist of one common share in the [...]
Lion One Metals Ltd. is pleased to announce the results from drillhole TUDDH-608 a direct follow-up to the TUG-141/TUDDH-601 high-grade zone discovery at its fully permitted Tuvatu Alkaline Gold Project in Fiji. TUDDH-608 intersected: 19.60m at 21.16 g/t Au from 594.5-614.1m, which includes a zone of 16.20m at 25.28 g/t Au from 596.7-612.9m. The dip of this hole at this depth was approximately 60° equating to a true [...]
Lion One Metals Ltd. is pleased to announce the results from 20 additional drill holes, as part of ongoing infill drilling at its high-grade, fully permitted Tuvatu Alkaline Gold Project in Fiji. Drill results for 20 holes totalling approximately 3,900m of diamond drilling in Zone 5 cover a portion of the Tuvatu gold project, part of the Navilawa volcanic caldera which is host to numerous gold occurrences. outcropping [...]
Lion One Metals Ltd. is pleased to announce the appointment of Mr. Jeffrey Edelen as the Company's new Vice-President, Corporate Development. Mr. Jeffrey Edelen has 16 years of experience as an economic geologist focusing on prospect generation, royalty evaluation, and project development. He started his career with Midway Gold Corp. and continued work at the Spring Valley deposit with the Midway-Barrick Gold Corporation [...]
Lion One Metals Ltd. is pleased to announce a new regional high grade gold discovery, the Batiri Creek Vein, located in the Navilawa Caldera 2 km northeast of the Company's 100% owned, fully permitted Tuvatu Alkaline Gold Project in Fiji. The Batiri Vein discovery is credited to the Lion One Fiji exploration team's regional benching and surface sampling program targeting new gold bearing systems in under-explored regions [...]
Lion One Metals Ltd. is pleased to announce results from ongoing follow-up drilling to the previously reported high-grade intercept of 75.90m of 20.86 g/t Au in TUG-141 , at its Tuvatu Alkaline Gold Project in Fiji. Results for the first two diamond drill holes carried out as follow-up drilling from the significant new feeder zone mineralization in TUG-141 and reported on June 6, 2022 have been received and compiled [...]
Lion One Metals Ltd. announces that the Government of Fiji has granted an extension of the Tuvatu Mining Lease for an additional 10 year term renewable on Feb. 28, 2035. SML 62 is the Company's cornerstone permit enabling Lion One to build mining and milling operations at Tuvatu, forming part of its 100% owned, high-grade Tuvatu Alkaline Gold Project, located 24km from Fiji's International Airport in Nadi. In an official [...]
Lion One Metals Ltd. is delighted to announce the discovery of a major new feeder structure at its Tuvatu Alkaline Gold Project in Fiji. Hole TUG-141, targeting a complex network of high-grade structures called the 500 Zone, has encountered the longest high-grade intercept yet recorded at Tuvatu, 20.86 g/t Au over 75.9m, including 43.62 g/t Au over 30.0m which includes 90.35 g/t Au over 7.2m. The new discovery is located [...]
Lion One Metals Ltd. is pleased to announce results from ongoing infill drilling at its Tuvatu Alkaline Gold Project in Fiji. Results for the first 11 holes of Lion One's Phase 2 infill program on Zone 5 of their fully permitted Tuvatu alkaline gold deposit are here reported. The results to date indicate significant new intercepts of high- to bonanza-grade Au mineralization that was not known to occur as part of the [...]
Lion One Metals Ltd. is pleased to report that ongoing drilling has returned multiple high grade intercepts, significantly extended the drill-confirmed vertical extent of Deep Feeder Zone 500, and further confirmed the alkaline deposit model and depth potential of the Tuvatu Alkaline Gold Project in Fiji. Extending Deep Feeder Zone 500 The latest drilling at Tuvatu extends Deep Feeder Zone 500 approximately 300 meters [...]
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