Lion One Metals Drills Additional High Grade Intercepts at Tuvatu Gold Project in Fiji
TSX.V: LIO
www.liononemetals.com
Mr. Walter Berukoff reports:
Latest Results Include High Grade Intercepts from Deep Step-Out Drilling
North Vancouver, British Columbia--(Newsfile Corp. - July 7, 2021) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce its latest high-grade gold intercepts including deep step-out intercepts from drilling at its 100% controlled Tuvatu alkaline gold project, Fiji.
Highlights
- Two deep step-out high-grade intercepts:
- 6.00m grading 9.11 g/t Au including 1.20m grading 33.81 g/t Au from 444m in hole TUDDH526
- 2.15m grading 17.70 g/t Au including 0.30m grading 122.00 g/t Au from 505.65m in hole TUDDH528
- Further confirmation of vertical continuity and alkaline gold system model
- Underground drilling and development progressing; drilling imminent at Banana Creek
The Company is undertaking three tiers of drilling: 1) shallow resource infill drilling from surface, 2) resource infill drilling from underground and 3) deep exploration drilling looking for lode extensions under the Tuvatu resource and soon, other target areas within the Navilawa caldera, the first being Banana Creek, 3.5 km NE of Tuvatu. Lion One's aggressive 2021 drill campaign is well underway.