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LION ONE METALS LTD - $LOMLF STOCK NEWS

Welcome to our dedicated page for LION ONE METALS news (Ticker: $LOMLF), a resource for investors and traders seeking the latest updates and insights on LION ONE METALS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LION ONE METALS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LION ONE METALS's position in the market.

Rhea-AI Summary

Lion One Metals reports high-grade gold results from near-mine expansion drilling at Tuvatu Alkaline Gold Project in Fiji. Significant gold intercepts include 30.48 g/t over 4.8m and 64.46 g/t over 8.1m. The Murau and SKL areas show promising mineralization potential. The Murau system is expanding, with 34 drillholes targeting down-dip extensions. SKL drilling confirms high-grade mineralization, aiming for inclusion in the mine plan by 2025.

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Lion One Metals reports significant high-grade gold results from drilling at the Tuvatu Alkaline Gold Project in Fiji. Operations are progressing well with 2,630 meters of drilling completed in Zone 2, and airleg stoping ongoing in Zone 5. The company is also advancing upgrades to the CIL circuit.
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0.17%
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Rhea-AI Summary
Lion One Metals Limited announces the discovery of copper porphyry-style mineralization at the Wailoaloa prospect in Fiji. The drilling intersected multiple zones of extensive copper mineralization, with promising results indicating the potential for a significant copper-gold system.
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20.32%
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Lion One Metals Limited provides an update on the ongoing operations at the Tuvatu Alkaline Gold Project in Fiji. Highlights include the commencement of mechanized mining in Zone 2 and airleg mining in Zone 5, with plans for increased stope mining in March and April. The company has commissioned a gravity concentrator and leach reactor, with expectations of increased gold production due to open stope mining and plant commissioning.
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End-of-Day
20.32%
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Lion One Metals Limited provided an update on its Tuvatu Alkaline Gold Project in Fiji, with significant achievements in 2023. The company completed the processing plant, underground mine development, and core drilling, celebrating the first gold pour in October. Plans for 2024 include expanding the processing plant to 500 TPD and advancing the regional exploration program. Mining activities will focus on developing the underground mine and processing low-grade development material. Mill operations will prioritize maximizing gold recovery from different types of mineralization at Tuvatu. The company also granted stock options to an officer of the company.
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3.51%
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Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) announces new appointments and retirement of Senior Vice President Exploration, highlighting the addition of key individuals with specialized skill sets and extensive experience in their respective fields.
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-3.17%
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Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) 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. The Company has now drawn down a total of USD $31 million out of USD $35 million available in the Financing Facility, facilitating the completion of construction and recent commissioning of the Company's 100% owned Tuvatu Gold Mine operations in Fiji. Concurrently, the Company amended certain reporting covenants under the facility agreement and agreed to re-price the 15,333,087 warrants issued at a price of CAD $1.49 to CAD $1.15 with the expiry date extended from August 9, 2026 to February 9, 2027. Interest on the first USD $23 million drawn in Tranche 1 of the Facility is 8% (plus three-month SOFR), and amortization is on the Maturity Date 42 months from the original closing date, with no closing fees payable. Tranches 2 (and 3) funding is subject to an 8% original issue discount and interest is 10% plus SOFR, with progressive amortization over 42 months from the Tranche 2 funding date, with closing fees equal to 2% of the amounts funded.
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-3.17%
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Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) announced the results of the Company's annual and special general meeting of shareholders held on December 14, 2023. The number of directors was set at four with the re-election of Walter Berukoff, Richard Meli, Kevin Puil, and David Tretbar. Shareholders also approved the Company's Omnibus Equity Incentive Compensation Plan and the re-appointment of Davidson & Company LLP as the auditor for the ensuing fiscal year.
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Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) reports significant new high-grade gold results from infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The results include bonanza grade gold intercepts such as 1,986.23 g/t, 866.25 g/t, and 135.60 g/t, expanding the near-term mine plan for 2024 and 2025.
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5.45%
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Lion One Metals reports significant new high-grade gold results from drilling at its Tuvatu Alkaline Gold Project in Fiji. Assay results include 90.76 g/t Au over 2.4 m and 18.56 g/t Au over 3.0 m. The drilling program targeted lodes UR1, UR2, and URW3, with mining scheduled in 2024 and 2025.
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LION ONE METALS LTD

OTC:LOMLF

LOMLF Rankings

LOMLF Stock Data

82.53M
214.27M
9.16%
5.38%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
North Vancouver