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].
Lion One Drills 198.84 g/t Gold over 1.4 m in Near-Mine Exploration at Tuvatu Gold Mine in Fiji