Lion One Announces Construction of Flotation Circuit at Tuvatu Gold Mine in FijiMarch 20, 2025 8:30 AM EDT | Source: Lion One Metals LimitedNorth Vancouver, British Columbia--(Newsfile Corp. - March 20, 2025) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") is pleased to announce the start of engineering and construction of the flotation circuit at its 100% owned Tuvatu Alkaline Gold Project in Fiji.The Tuvatu gold mine is currently operating at the 300 TPD pi ...

Lion Copper & Gold Regains Critical Water Rights for Yerington Copper ProjectStrategic Settlement Agreement Reached With State of NevadaMarch 13, 2025 4:00 PM EDT | Source: Lion Copper and Gold Corp.Yerington, Nevada--(Newsfile Corp. - March 13, 2025) - Lion Copper and Gold (OTCQB: LCGMF) (CSE: LEO) ("Lion CG" or "the Company") is pleased to announce the successful negotiation of a Settlement Agreement ("the Agreement") with the Nevada Division of Water Resources and the Nevada State Engineer ...

Core Perspective - The event in Times Square aimed to raise global awareness about the survival crisis of African lions, particularly focusing on the legendary lion Lorkulup, and to promote wildlife conservation efforts [1][10]. Group 1: Event Details - The event was organized by Nanjing WanMiaoYiWang Pet Services Co., Ltd. in collaboration with nearly 200 Chinese wildlife conservationists [1]. - A memorial video showcasing Lorkulup's life was displayed on an LED screen, along with posters and flyers to engage the public [2]. - Attendees expressed their commitment to wildlife conservation and shared information about the challenges faced by lions in the Maasai Mara [3][4]. Group 2: Lorkulup's Significance - Lorkulup was recognized as one of the most influential lions, known for his hunting skills and family-oriented nature, attracting global visitors [5]. - His tragic death at 7.5 years old on January 25, 2025, followed a similar incident involving another lion, Olobor, highlighting the threats faced by these animals [6]. Group 3: Human-Wildlife Conflict - The event underscored the severe survival crisis of African lions, exacerbated by human-wildlife conflict, particularly with local Maasai herders [7][9]. - Recent incidents included the poisoning of five lions and over 13 hyenas in retaliation for livestock attacks, illustrating the ongoing tensions [7]. - Over 50 lions, 6 leopards, and 15 cheetahs have reportedly died due to human-wildlife clashes in the Maasai Mara region, with many unrecorded deaths likely [9]. Group 4: Tourism and Ecological Impact - The booming wildlife tourism industry in Maasai Mara has led to habitat fragmentation and ecological pressures due to irresponsible tourist behaviors [8]. - The event served as a call to action for recognizing the importance of wildlife conservation amidst these challenges [10].

Core Viewpoint - Lion One Metals Limited reported record mine operating income and significant operational improvements at its Tuvatu Gold Mine in Fiji, driven by increased gold production and cost-cutting measures [1][2][6]. Financial Results Summary - The company achieved a record mine operating income of C$6,302,540 for Q4 CY2024, representing a 312% increase compared to Q3 CY2024 [2][5]. - Gold sold increased to 4,741 ounces, a 52% rise from the previous quarter [5]. - Average gold selling price rose to C$3,794 per ounce, a 14% increase from C$3,332 [5]. - Cost of sales per ounce of gold decreased by 13% to C$2,465 [5]. - Total gold revenue reached C$17,993,020, a 72% increase from C$10,470,518 in the previous quarter [5][6]. Operational Results Summary - The company has consistently improved gold grades and recoveries since the Tuvatu processing plant was commissioned in early 2024 [2]. - A total of 31,044 tonnes of high-grade mineralized material was mined, with 56% of this material coming from outside the current Mineral Resource Estimate (MRE) [3][6]. - The average head grade was reported at 5.5 g/t gold, with an overall gold recovery rate of 82.5% [6]. Expansion and Infrastructure - The company is currently operating at a 300 TPD pilot plant level, with plans to expand to a 600-700 TPD operation anticipated in 2026 [7]. - Critical mine infrastructure projects, including a raise bore and mine ventilation project, are expected to be completed by March 2025 [7]. - The company has procured C$2 million in additional mining equipment to accelerate operations [8]. Laboratory Accreditation - Lion One's internal assay laboratory has achieved ISO 17025 accreditation, enhancing its operational efficiency and reliability [9][10]. - The lab can process over 10,000 samples monthly and provides rapid assay results, significantly reducing costs and wait times [9][10]. - As the only accredited mining lab in Fiji, it can also assay samples from other operations, creating a potential secondary revenue stream [11].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - Lion One Metals Limited reported significant high-grade gold results from 1,757.8 meters of near-mine expansion drilling at its Tuvatu Alkaline Gold Project in Fiji, focusing on the SKL lodes in Zone 5 [1][2] - The company appointed Ian Berzins as the new CEO, succeeding Walter Berukoff, who transitions to Chairman and President [1][10] Drilling Results - Drilling at the SKL lodes intersected high-grade mineralized structures in 10 drill holes, with notable assays including 502.50 g/t, 118.20 g/t, 85.50 g/t, and 76.50 g/t gold over narrow widths [2][6] - All high-grade results were found within 75 meters of underground developments and within 110 meters of the surface, indicating strong potential for inclusion in the long-term mine plan [2][9] - Historical test mining occurred in the 1990s, but modern drilling has been limited despite the proximity to existing underground workings [2][8] Management Transition - Walter Berukoff, the founder and former CEO, will remain involved as Chairman and President, focusing on supporting the growth of Tuvatu and exploring additional assets [10][11] - Ian Berzins brings over 40 years of mining experience, having previously led significant operational ramp-ups in Canadian gold mining operations [13][14] Company Overview - Lion One Metals is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project, which includes a high-grade gold deposit and extensive exploration licenses covering the Navilawa Caldera [21]

Group 1 - Lion One Metals Limited has received approval from the TSX Venture Exchange for the listing of 25,367,647 share purchase warrants issued on February 14, 2025, as part of a public offering [1][2] - Each warrant is exercisable to acquire one common share at a price of C$0.41 until February 10, 2028, and trading is expected to commence on February 26, 2025, under the ticker "LIO.WT.A" [2] - Lion One Metals is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit, an underground mine, a pilot plant, and an assay lab [3] Group 2 - The company holds an extensive exploration license covering the Navilawa Caldera, which hosts multiple mineralized zones and prospective exploration targets [3]

Core Viewpoint - Lion One Metals Limited reported significant high-grade gold results from near-mine exploration and infill drilling at the Tuvatu Alkaline Gold Project in Fiji, particularly from the West Zone target, indicating potential for resource expansion [1][2][3]. Exploration Results - The West Zone is located approximately 300 meters west of the main Tuvatu deposit and is accessible from existing mine infrastructure. The drilling program aims to incorporate the West Zone into the long-term mine plan for Tuvatu [2][7]. - High-grade mineralized structures were intersected in 14 drill holes, with notable assays including 896.00 g/t, 306.78 g/t, 264.55 g/t, and 178.55 g/t gold over narrow widths [2][5]. - The drilling results indicate that all high-grade gold intersections occurred between 30 meters and 150 meters depth from the surface, suggesting a robust near-surface mineralization [2][3]. Drilling Program Details - The current drill program consists of 3,312.5 meters of near-mine exploration and infill drilling, focusing on resource infill and expansion [1][2]. - The West Zone is hypothesized to have a separate feeder system from the main Tuvatu deposit, making it a prime target for resource expansion [2][6]. - The ongoing drill program will help inform the development options for accessing the West Zone, potentially through a second portal or an underground access drive from Tuvatu [7]. Company Overview - Lion One Metals Limited is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit, an underground mine, and an assay lab [14].

Core Points - Lion One Metals Limited has successfully closed an underwritten offering, issuing 25,367,647 units at a price of $0.34 per unit, resulting in gross proceeds of $8,625,000 [1] - The total gross proceeds from both the offering and a concurrent non-brokered private placement amount to $10,811,578.74, with the private placement generating $2,186,578.76 from 6,431,114 units [2][3] Offering Details - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at C$0.41 for 36 months [4] - The company paid a cash commission of $603,750 to underwriters, equating to 7% of the gross proceeds, and issued 1,775,735 broker warrants [5] Use of Proceeds - Net proceeds from the offering will be allocated for mining and mill equipment, ongoing exploration activities at the Tuvatu Gold project in Fiji, and general corporate expenses [6] Related Party Transactions - Certain subscribers in the private placement include directors and management of the company, qualifying as a "related party transaction" but exempt from formal valuation and minority shareholder approval requirements [7] Company Overview - Lion One Metals Limited is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and extensive exploration licenses [10]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]