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Lion One Metals – Wall Sampling Results Yielding Higher Grades At The Tuvatu Mine, What Does It Mean for Future Mining Expansion?

Cory
August 2, 2023

Quinton Hennigh, Technical Advisor at lion One Metals (TSX.V:LIO – OTCQX:LOMLF – ASX:LLO) joins me to recap the July 27th news release reporting wall sample results from current test mining at certain lodes on the Tuvatu Mine in Fiji. See Figure 1 from the news release (posted below) to view where these samples were taken from.

 

Quinton expands on these results and what it means for future mining potential expanding the current lodes. I ask if these resent results can be applied to other lodes being test mined and how the Company will go about testing the other lodes.

 

If you have any follow up questions for Quinton or the team at Lion One Metals please email me at Fleck@kereport.com.

 

 

 

Click here to read over the full news release.

 

Figure 1. Location of the URW1a and URW1b lodes in relation to the Tuvatu system. Mining is progressing north along both the URW1a lode (modelled in purple) and the URW1b lode (modelled in green). Inset image shows the location of the URW1a and URW1b lodes in relation to the Tuvatu system, with all other lodes shown in pale grey. Underground developments are shown in red. The dashed black square is the area highlighted in Figure 2. The URW1 mineralized trend has a N-S strike length of approximately 300 m and a vertical extent also of approximately 300 m. The URW1a and URW1b lodes occupy approximately 75m of this mineralized strike length. Extensional drilling is ongoing

Discussion
3 Comments
    Aug 02, 2023 02:42 AM

    OOPS………………. DEBT…..and Ratings….. US CREDIT….

    The bigger than expected jump in issuance showcases the rising borrowing needs that contributed to Tuesday’s decision by Fitch Ratings to lower the sovereign US credit rating by one level, to AA+

      Aug 02, 2023 02:55 PM

      Looks like too high of rating when you combine debt with corruption.

      Added: another great interview bringing out why Lion One is different but possibly better. Thanks.

    Aug 04, 2023 04:29 AM

    What does corruption mean????