Company Updates From Management – Mon 27 Jul, 2020

Lion One Metals – Quinton Hennigh updates us on hole 500, the deep drill hole that hit high-grade gold

Last week there were a couple news releases out of Lion One Metals (TSX.V:LIO & OTCQX:LOMLF) focused on hole 500 that is drilling down to a depth of 1,000 meters. Headline results yielded “2m grading 35.28 gpt Au starting at 558.0m followed by 12.7m grading 46.14 g/t Au starting at 571.0m”.

Quinton Hennigh, Technical Advisor at Lion One joined me for a recap of the results. We discuss the concept of a feeder zone that is being tested with the current deep drilling. We also address the next steps for the Company balancing out moving into development and following up on this new discovery.

Please email me with any other question for Quinton or the team over at Lion One. My email is Fleck@kereport.com.

Click here for a recap of the recent Lion One news.


Comments:
  1. On July 28, 2020 at 1:01 am,
    Excelsior says:

    Great interview guys and nice to get Quinton’s perceptions of the deeper feeder zone of the alkaline system. As a Lion One shareholder, I’m a very happy camper. 🙂

  2. On July 28, 2020 at 7:58 am,
    Excelsior says:

    (LIO) (LOMLF) Lion One Announces Upsize to Previously Announced “Bought Deal” Private Placement of Units to C$35 Million

    by @nasdaq on 27 Jul 2020

    https://ceo.ca/@nasdaq/lion-one-announces-upsize-to-previously-announced-bought

  3. On July 28, 2020 at 8:14 am,
    OOTB Jerry says:

    Interesting ….company….and location…..
    Bob M……had a piece on Lion One……also….

    • On July 28, 2020 at 10:00 am,
      Excelsior says:

      Short Updates on Benchmark, TriStar Gold, Precipitate Gold and Lion One

      Bob Moriarty – Jul 24, 2020

      “the market understands the potential and is willing to pay up for Lion One with a market cap of about $220 million today. But Lion One owns a whole alkaline gold system in a region where such deposits are measuring 10-20 million ounces. Their latest report on drilling from the company just out a couple of days ago suggests they have found the feeder structure they have been looking for. Drilling is continuing and assays are pending.”

      http://www.321gold.com/editorials/moriarty/moriarty072420.html

  4. On July 28, 2020 at 11:28 am,
    The Hedgeless Horseman says:

    Love this story.

  5. On July 28, 2020 at 5:44 pm,
    Charles says:

    Hedgeless. I like it too, but do you like it better than Novo? The reason I ask is because I have a much larger position in Novo than Lion One, but I kind of think Lion One is a more understandable story and probably has more near term catalysts. Thoughts?

  6. On July 29, 2020 at 8:02 pm,
    Simpleman says:

    Charles- Lio is a wonderful girl, enjoy your time with her. It will be a great couple years, when it gets bought out you likely cash out, But you settle down and marry Novo.

  7. On July 30, 2020 at 8:41 am,
    JustTruth says:

    # of shares do not matter!!!

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