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

May 27, 2019

100% Owned and Fully Permitted Tuvatu Gold Project

Dr. Quinton Hennigh, Technical Advisor of Lion One Metals speaks about their gold deposit in the South Pacific.

"Fiji is a great place to look for gold. It's part of the Circum Pacific, there are lots of gold mines clear around the Pacific. Fiji is a fantastic place.

There are nearly a million ounces in resource here and we're standing in what could be potentially another world class deposit here. To me, it's nothing but potential."

Lion One Metals Limited

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 Gold Project.

In addition, they are focused on cost effective and environmentally responsible construction, development, and advancement of Tuvatu towards production, as well as, exploration of its license areas covering the highly prospective and under explored Navilawa mineralized volcanic complex.

Tuvatu Gold Project

  • Tuvatu is the largest undeveloped gold project in Fiji and one of highest grade gold projects anywhere in the world; focused on building production of 100,000 oz. per year over ten years.
  • Envisaged production based on 600 tpd CIL operation yielding recoveries of 86% with up to 40% of gold recoverable through the gravity circuit.
  • Lion One holds a 200 km² exploration license package covering the entire Navilawa volcano, with the Tuvatu mining lease at its center.
  • Proximal to urban infrastructure 24 km from the town of Nadi and International Airport, 35 km from the deep water port of Lautoka.
  • 100% owned, fully permitted for construction, mining and processing operations with 21-year surface lease, subject to a 5% government royalty and 3% export tax.
  • Porphyry to epithermal gold deposits hosted within the eroded remnants of the collapsed Navilawa volcano, with approximately 80% of known resource within 200 m of surface.
  • Outcropping veins extend laterally over 1km inside the Tuvatu mining lease with anomalous gold evidenced over 6 km x 4 km inside Navilawa crater; limits on mineralization have not been defined and remain open at depth and along strike.

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

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