Date: October 7, 2020

Lion One Metals: Fiji's High-Grade Gold Mine


Lion One Metals is set to become the premier high-grade gold producer in Fiji at its 100% owned and fully permitted Tuvatu Alkaline Gold Project.

Drilling has substantially increased mine life

Lion One Metals is set to become the premier high-grade gold producer in the South Pacific island nation of Fiji at its 100% owned and fully permitted Tuvatu Alkaline Gold Project. Lion One is focusing on cost effective and environmentally responsible construction, development, and advancement of Tuvatu towards production. Further, this is coupled with exploration of its district-scale license areas covering the adjoining 7km wide Navilawa caldera.

Tuvatu Alkaline Gold Project

Tuvatu is located 24 km NE of the town of Nadi on the island of Viti Levu in Fiji. The main mineralized zone at Tuvatu (Upper Ridges) comprises eleven principal lodes with a strike length over 600m and a vertical extent of more than 300m. Another major zone of mineralization (Murau) strikes east-west. Moreover, this consists of two major lodes with a mapped strike length in excess of 400 m. A total of 39 different lode structures have been identified in the Tuvatu resource area. This includes 11 lodes in the Upper Ridges area, 3 lodes in the Murau area 4 lodes in the West area. It also includes 2 lodes in the Tuvatu area and shallow dipping veins in the SKL area. Numerous additional lodes have been identified but require further testing to merit inclusion in resource estimates.

"This is one of 9 alkaline deposits in the world of this size, but this is the only one that's not owned by a major. What I found is Mother Nature's toolbox," says CEO, Wally Berukoff.

For more information on Lion One Metals Limited (TSX.V: LIO, OTCQX: LOMLF) please fill out the form below.

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