Lion One Metals: On the Path to Becoming the Next High-Grade Gold Producer in Fiji
Investing in Lion One Metals - Gold Stocks to Watch
Lion One Metals is a Canadian resource company that is moving towards full-scale production at its flagship asset, the Tuvalu project, a 100% owned district-scale alkaline gold project in Fiji's Sabeto Valley. Lion One Metals has already begun pilot mining at Tuvatu, a narrow vein deposit that's part of the seven kilometer diameter Navuloa caldera. The company is proceeding with a pilot plant instead of a feasibility study, a crucial step towards confirming the economic viability of Tuvatu. The 300 tonnes per day starter mine is on schedule to be operational by the end of 2023, with true production commencing when production is ramped up to 500 tonnes per day. Lion One's experienced leadership team is betting that Tuvalu can become the next Batticaloa, a major Fijian gold success story. The company is on the threshold of becoming the next high-grade gold producer in the South Pacific, with early mining in full swing at Tuvatu, and a processing plant and mill under construction.
The company's experienced leadership team and its excellent infrastructure and full control of the local supply chain, puts the company in a position to succeed. They are sitting on a world-class gold deposit and have a 20,000 tonne stockpile ready for start-up. Lion One's long-term goal is to continue adding reserves and to seeing it grow to become a real contributor to the Fijian economy and the gold industry in general.
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