Lion One Metals Ltd. is pleased to report significant new high-grade gold results from Zone 5 infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Assay results are presented here for infill and grade control drilling in the Zone 5 area of Tuvatu. Drill results include multiple bonanza grade gold assays such as 750.05 g/t, 315.46 g/t, 167.55 g/t, 134.10 g/t, 132.29 g/t, 126.84 g/t, and [...]
Lion One Metals Ltd. is pleased to report the start of mechanized production at Tuvatu and reports significant new high-grade gold results from Zone 5 infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Mechanized production mining has commenced at Tuvatu. The first remote bogging at Tuvatu occurred on May 16th, and the first long hole stope blast occurred on May 18th. Both are also [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from near-mine expansion drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Assay results are presented here for near-mine expansion drilling in the Murau down-dip extension and SKL areas of Tuvatu. Both areas are outside the current mine plan yet are close to current underground workings and are being brought into the mine [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from ongoing infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji and provides an update to mining operations at Tuvatu. Assay results are presented here for infill and grade control drilling completed in the Zone 2 area of Tuvatu and include multiple bonanza grade gold results such as 448.98 g/t, 202.34 [...]
Drilling intersects multiple zones of extensive copper mineralization up to 210.8 m in length Lion One Metals Ltd. is pleased to announce the discovery of copper porphyry-style mineralization in a newly identified mineralized system 1 km northeast of the company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Porphyry style mineralization was discovered from surface drilling at the Wailoaloa prospect as part of the [...]
Lion One Metals Ltd. is pleased to provide an update on ongoing operations at the company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Highlights: Mechanized mining commencing on Zone 2 stopes in the URW1 stockwork vein system. Airleg mining commencing on Zone 5 stopes at the UR2 and URW3 lode systems. Limited mechanized mining in Zone 5 scheduled to commence in April. Stope mining at Tuvatu scheduled to increase [...]
Lion One Metals Ltd. is pleased to announce that the Company has closed the underwritten offering previously announced on February 7, 2024 by issuing 24,150,000 units of the Company at a price of $0.50 per Unit for aggregate gross proceeds of $12,075,000, which includes the exercise, in full, by the Underwriters of the over-allotment option granted by the Company to purchase up to an additional 3,150,000 Units at the [...]
Lion One Metals Ltd. announces that further to its previously announced overnight marketed public offering of units of the Company , it has fully filled the Offering and entered into an underwriting agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation , as lead underwriter and sole bookrunner, and including Canaccord Genuity Corp., Eight Capital, and Raymond James to sell: 21,000,000 [...]
Lion One Metals Ltd. announces that it is commencing an overnight marketed public offering of units of the Company for anticipated gross proceeds of up to C$10.0 million . The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company, Cantor Fitzgerald Canada Corporation , as lead underwriter and sole bookrunner , and a syndicate of underwriters to be determined [...]
Lion One Metals Ltd. is pleased to provide an update on ongoing operations at the company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Lion One Metals' Chairman and CEO Walter Berukoff stated: "2023 was a year of noteworthy accomplishments for Lion One Metals. Within one year we have gone from pouring concrete to pouring gold. We built the entire processing plant at Tuvatu within one year, completed over 2,000 m of [...]
Lion One Metals Ltd. is pleased to announce the appointment of Mr. Alex Nichol as Vice President Geology and Exploration and Mr. David Towle as Mill Manager, as well as the hiring of Mr. Melvyn Levrel as Senior Exploration Geologist in Fiji. The Company also announces the retirement of Mr. Sergio Cattalani as Senior Vice President Exploration. Mr Cattalani will remain with Lion One as a Senior Geology Advisor. Lion One [...]
Lion One Metals Ltd. announces that the Company has entered into an agreement to amend certain terms and drawn down a further USD $8 million of its Senior Secured Financing Facility provided by Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP, and Nebari Natural Resources Credit Fund II, LP , previously announced on Jan. 13, 2023. Proceeds from the Financing Facility have facilitated the completion of [...]
