Lion One Metals – Operational and Exploration Update At The Tuvatu Gold Mine

January 11, 2024

First of all, thank you all for sending me your questions for the team over at Lion One Metals (“Lion One” or the “Company”) (TSX.V:LIO – OTCQX:LOMLF – ASX:LLO). Some of the more specific cash-flow and cost questions could not be addressed at this time but when more information is public I will follow up with the Company. Please keep sending me your questions to


Patrick Hickey, Chief Operating Officer and Quinton Hennigh, Technical Advisor at Lion One join me to provide an update on the test mining and pilot plant as well as ongoing grade control drilling at the Tuvatu Project, in Fiji. We discuss the planned expansion to 500 tons/day and even further, progress of the underground development, pilot plant utilization and when we can expect to see some concrete production data. I also have Quinton explain the different zones and loads that are being worked on currently. A major focus is on getting to the 500 Zone.


On the exploration front we focus on recent grade control drilling results including some very high grade results from areas outside of the mine plan. We discuss how the Company will go about isolating and possibly mining these areas.



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    Jan 12, 2024 12:33 AM

    I think the decision to start mining early was smart, now if only Newfound Gold would do that!

      Jan 12, 2024 12:51 AM

      I hope LIO’s mine turns out better than Novo’s where our high hopes were dashed and the stock collapsed 95%

    Jan 12, 2024 12:44 AM

    Running at 300 tons/day or more for a couple of months, that’s maybe 18,000 tons of ore. The “whole mine is running the way it should run”. Recovery is ‘good’. Any gold produced/poured yet? There is no mention of actual gold recovered. Most of the talk seems to be about expansion. We heard 500 tons/day by next August, 500 zone development/production by mid 2025, and more drilling etc.