Lion One Drills 1517.79 g/t Gold over 0.3 M at Tuvatu Gold Mine in Fiji

Rhea-AI Summary

Lion One Metals (LOMLF) has reported significant high-grade gold results from Zone 5 infill and grade control drilling at its Tuvatu Alkaline Gold Project in Fiji. Notable drill results include exceptional bonanza grades of 1517.79 g/t Au over 0.3m and 513.50 g/t Au over 0.3m, among other high-grade intersections.

The drilling targeted the near-surface portions of the UR2 and URW3 lodes, focusing on areas above and below current underground developments. The program covered a 320m strike length, with both lodes remaining open along strike and at depth. Grade control drilling is being conducted on 10m centers from three underground locations to enhance the mine model and inform stope design for upcoming mining operations.

Positive

• Exceptional high-grade gold intersections with bonanza grades up to 1517.79 g/t Au
• Multiple high-grade zones discovered near existing underground development
• Mineralization remains open along strike and at depth
• Detailed grade control drilling program advancing mine development plans

Negative

• Most high-grade intersections to narrow widths (0.3-0.6m)
• Grade variability between drill holes indicates potential mining complexity

North Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") 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 1517.79 g/t, 513.50 g/t, 113.76 g/t, 137.50 g/t, and 115.25 g/t (see Table 1 below). These results are all located proximal to underground development in the near-surface portion of the mine. Drilling was focused on the up-dip and down-dip areas of the UR2 and URW3 lodes. Previous drill results from the Zone 5 area are available in the June 12, 2024, June 5, 2024, and December 13, 2023 news releases.

Top New Drill Results:

• 1517.79 g/t Au over 0.3 m (TGC-0237, from 42.6 m depth)

• 513.50 g/t Au over 0.3 m (TGC-0263, from 60.47 m depth)

• 67.45 g/t Au over 0.75 m (TGC-0254, from 90.75 m depth)

• 17.89 g/t Au over 2.7 m (including 113.76 g/t Au over 0.3 m) (TGC-0225, from 94.6 m depth)

• 25.73 g/t Au over 1.8 m (including 96.78 g/t Au over 0.4 m) (TGC-0251, from 46.9 m depth)

• 18.42 g/t Au over 2.5 m (including 62.83 g/t Au over 0.4 m) (TGC-0240, from 44.0 m depth)

• 30.99 g/t Au over 1.4 m (including 137.50 g/t Au over 0.3 m) (TGC-0239, from 97.8 m depth)

• 64.25 g/t Au over 0.6 m (TGC-0256, from 98.11 m depth)

• 72.55 g/t Au over 0.5 m (TGC-0245, from 91.0 m depth)

• 115.25 g/t Au over 0.3 m (TGC-0250, from 52.7 m depth)

*All drill intersects are downhole lengths, 3.0 g/t cutoff. See Table 1 for additional data.

Figure 1. Location of the Zone 5 drilling reported in this news release. Left image: Plan view of Tuvatu showing Zone 5 drillholes in relation to the mineralized lodes at Tuvatu, shown in grey. Yellow dashed square represents the area shown in the right image. Right image: Oblique view of Zone 5 drilling looking approximately east-northeast. Zone 5 drilling is targeting the up-dip and down-dip extensions of the mineralized lodes above and below current underground developments, shown in red.

To view an enhanced version of this graphic, please visit:
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Table 1. Highlights of composited grade control and infill drill results in the Zone 5 area. Composites are calculated using a 3 g/t Au cutoff with maximum internal dilution intervals of 1 m at <3 g/t Au. For full results see Table 3 in the appendix.

Hole ID		From (m)	To (m)	Width (m)	Au (g/t)
TGC-0237		42.6	42.9	0.3	1517.79
TGC-0263		60.5	60.8	0.3	513.50
TGC-0254		90.8	91.5	0.8	67.45
TGC-0225		94.6	97.3	2.7	17.89
	including	95.8	97.0	1.2	37.40
	which includes	96.1	96.4	0.3	113.76
TGC-0251		46.9	48.7	1.8	25.73
	including	46.9	47.6	0.7	59.42
	which includes	47.2	47.6	0.4	96.78
TGC-0240		44.0	46.5	2.5	18.42
	including	46.1	46.5	0.4	62.83
TGC-0239		97.8	99.2	1.4	30.99
	including	97.8	98.1	0.3	137.50
TGC-0256		98.1	98.7	0.6	64.25
TGC-0245		91.0	91.5	0.5	72.55
TGC-0250		52.7	53.0	0.3	115.25
TGC-0247		61.1	62.6	1.5	19.11
TGC-0212		69.5	69.8	0.3	90.50
TGC-0224		25.8	28.5	2.7	9.85
	including	25.8	26.4	0.6	27.65
TGC-0259		57.4	57.7	0.3	86.50
TGC-0231		92.8	96.0	3.2	7.59
	including	95.0	95.6	0.6	26.34
TGC-0210		61.2	62.7	1.5	15.70
	including	62.1	62.4	0.3	57.08
TGC-0228		90.8	91.1	0.3	77.50
TGC-0247		89.1	89.4	0.3	75.86
TGC-0261		97.1	100.2	3.2	7.00
	including	97.8	98.1	0.3	26.35
	and	98.1	98.4	0.4	15.55
TGC-0263		63.2	65.6	2.4	8.98
	including	63.5	64.1	0.6	26.30
TGC-0212		90.3	90.9	0.6	33.92
	including	90.3	90.6	0.3	58.64
TGC-0226		28.5	28.8	0.3	63.72

 
*All drill intersects are downhole lengths

Zone 5 Drilling

The Zone 5 area of Tuvatu is located along the main decline and includes the principal north-south oriented lodes (UR1 to UR3), the principal northeast-southwest oriented lodes (UR4 to UR8), and several of the western lodes (URW2, URW2A, URW3). These lodes are steeply dipping structures that converge at approximately 500 m depth to form Zone 500, which is the highest-grade part of the deposit and is interpreted to be the feeder zone at Tuvatu. The system remains open at depth with the deepest high-grade intersections occurring below 1000 m depth.

The drilling reported in this news release targeted the near-surface portions of the UR2 and URW3 lodes. Drilling was focused on the up-dip and down-dip areas of the UR2 and URW3 lodes, directly above and below current underground developments. The drilling targeted a 320 m strike length of the UR2 and URW3 lodes. The current total strike length of the UR2 lode is approximately 620 m, while that of the URW3 lode is approximately 330 m. Both lodes remain open along strike and at depth.

Zone 5 grade control drilling is being conducted from three underground locations: the 1130 drill cuddy, the 1135 drill cuddy, and the 1090 drill cuddy. These drillholes are designed to intersect the mineralized lodes in a perpendicular to sub-perpendicular orientation such that the mineralized intervals approximate the true width of the lodes. Grade control drilling is being conducted on 10 m centers to provide a detailed understanding of the geometry and mineralization of the Zone 5 lodes. The purpose of the current Zone 5 grade control drill program is to enhance the mine model and inform stope design in advance of mining in the target areas. Highlights of the Zone 5 drilling reported here are shown in Figure 2.

Figure 2. Zone infill and grade control drilling with high-grade intersects highlighted, 3.0 g/t gold cutoff. View is looking down with north to the left. The primary areas targeted by the Zone 5 drilling are the up-dip and down-dip areas of the UR2 and URW3 lodes above and below current underground developments. These areas are scheduled for near-term mining. Drill holes are oriented perpendicular to sub-perpendicular to the mineralized lodes.

To view an enhanced version of this graphic, please visit:
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Competent Persons Statement

The information in this report that relates to mineral exploration at the Tuvatu Gold Project is based on information compiled by the Lion One team and reviewed by Melvyn Levrel, who is the company's Senior Geologist. Mr Levrel is a Member of the Australian Institute of Geoscientists and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken, to qualify as a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101"). Mr Levrel consents to the inclusion in this report of the matters based on the information in the form and context in which it appears.

Lion One Laboratories / QAQC

Lion One adheres to rigorous QAQC procedures above and beyond basic regulatory guidelines in conducting its drilling, sampling, testing, and analyses. The Company operates its own geochemical assay laboratory and its own fleet of diamond drill rigs using PQ, HQ and NQ sized drill rods.

Diamond drill core samples are logged by Lion One personnel on site. Exploration diamond drill core is split by Lion One personnel on site, with half core samples sent for analysis and the other half core remaining on site. Grade control diamond drill core is whole core assayed. Core samples are delivered to the Lion One Laboratory for preparation and analysis. All samples are pulverized at the Lion One lab to 85% passing through 75 microns and gold analysis is carried out using fire assay with an AA finish. Samples that return grades greater than 10.00 g/t Au are re-analyzed by gravimetric method, which is considered more accurate for very high-grade samples.

Duplicates of 5% of samples with grades above 0.5 g/t Au are delivered to ALS Global Laboratories in Australia for check assay determinations using the same methods (Au-AA26 and Au-GRA22 where applicable). ALS also analyses 33 pathfinder elements by HF-HNO3-HClO4 acid digestion, HCl leach and ICP-AES (method ME-ICP61). The Lion One lab can test a range of up to 71 elements through Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES), but currently focuses on a suite of 23 important pathfinder elements with an aqua regia digest and ICP-OES finish.

About Lion One Metals Limited

Lion One Metals is an emerging Canadian gold producer headquartered in North Vancouver BC, with new operations established in late 2023 at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the Pilot Plant, and the Assay Lab. The Company also has an extensive exploration license covering the entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration targets.

On behalf of the Board of Directors,
Walter Berukoff, Chairman & CEO

Contact Information
Email: info@liononemetals.com
Phone: 1-855-805-1250 (toll free North America)
Website: www.liononemetals.com

Neither the TSX-V nor its Regulation Service Provider accepts responsibility or the adequacy or accuracy of this release

This press release may contain statements that may be deemed to be "forward-looking statements" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals Limited's current beliefs and is based on information currently available to Lion One Metals Limited and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports, assessment reports, and other geological reports or prior exploration results. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the stage development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of current research and development or operational activities; competition; uncertainty as to patent applications and intellectual property rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting mining, timing and availability of external financing on acceptable terms; not realizing on the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals. Although Lion One Metals Limited has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Accordingly, readers should not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Appendix 1: Full Drill Results and Collar Information

Table 2. Collar coordinates for drillholes reported in this release. Coordinates are in Fiji map grid.

Hole ID	Easting	Northing	Elevation	Azimuth	Dip	Depth
TGC-0210	1876384	3920430	96	114.6	20.9	85.8
TGC-0211	1876384	3920429	96	140.5	21.6	85.6
TGC-0212	1876381	3920532	131	80.5	14.3	115.3
TGC-0213	1876383	3920628	129	65.0	12.5	125.0
TGC-0214	1876384	3920432	96	106.7	22.1	70.8
TGC-0215	1876380	3920529	130	134.2	6.3	150.0
TGC-0216	1876384	3920431	95	127.7	14.5	81.2
TGC-0217	1876383	3920628	129	60.7	16.4	135.0
TGC-0218	1876384	3920431	95	117.2	14.7	81.0
TGC-0219	1876380	3920529	130	129.2	8.6	140.3
TGC-0220	1876383	3920627	130	80.5	21.8	11.2
TGC-0221	1876384	3920430	96	105.9	22.2	68.1
TGC-0222	1876384	3920429	96	115.8	20.5	11.0
TGC-0223	1876384	3920424	96	154.8	22.9	180.0
TGC-0224	1876380	3920530	130	124.9	4.8	140.0
TGC-0225	1876382	3920627	129	76.4	22.4	115.0
TGC-0226	1876380	3920529	130	125.6	11.1	140.2
TGC-0227	1876384	3920425	94	155.6	-1.8	181.1
TGC-0228	1876380	3920530	130	120.8	8.5	140.0
TGC-0229	1876383	3920627	129	75.9	15.3	11.2
TGC-0230	1876383	3920424	96	170.7	22.4	268.4
TGC-0231	1876383	3920627	129	77.3	15.4	115.1
TGC-0232	1876383	3920627	127	76.2	-49.2	11.2
TGC-0233	1876384	3920627	127	78.0	-48.5	166.4
TGC-0234	1876381	3920531	129	98.3	-19.1	99.8
TGC-0235	1876384	3920627	127	80.0	-36.5	11.1
TGC-0236	1876383	3920627	128	79.8	-36.1	146.0
TGC-0237	1876384	3920428	95	108.1	13.7	82.5
TGC-0238	1876381	3920531	129	90.7	-13.7	10.7
TGC-0239	1876381	3920531	129	90.7	-19.4	130.8
TGC-0240	1876384	3920428	95	99.9	13.0	122.2
TGC-0241	1876383	3920627	129	82.8	19.2	110.0
TGC-0242	1876384	3920428	95	92.0	13.2	95.4
TGC-0243	1876384	3920626	127	95.7	-37.1	140.1
TGC-0244	1876384	3920429	95	84.8	13.7	100.7
TGC-0245	1876381	3920532	129	88.0	-13.6	130.8
TGC-0246	1876384	3920625	127	114.9	-28.7	140.0
TGC-0247	1876384	3920430	94	83.7	-4.0	110.3
TGC-0248	1876378	3920532	129	82.4	-15.3	130.9
TGC-0249	1876384	3920626	127	103.4	-31.1	140.1
TGC-0250	1876384	3920429	94	97.3	-3.8	110.0
TGC-0251	1876384	3920429	94	105.1	-4.4	86.0
TGC-0252	1876381	3920532	129	76.0	-18.3	24.6
TGC-0254	1876380	3920532	129	75.9	-15.1	130.0
TGC-0255	1876384	3920428	94	114.5	-4.1	80.0
TGC-0256	1876381	3920531	128	92.7	-22.1	136.9
TGC-0257	1876384	3920428	94	123.3	-4.4	80.2
TGC-0259	1876384	3920427	94	131.0	-4.7	83.1
TGC-0261	1876380	3920530	129	115.1	-11.2	140.0
TGC-0263	1876384	3920429	94	82.2	-7.8	120.8

 

Table 3. Composite results from drillholes reported in this news release (composite grade >3.0 g/t Au)

Hole ID		From (m)	To (m)	Width (m)	Au (g/t)
TGC-0210		40.5	40.8	0.3	6.12
TGC-0210		45.0	46.2	1.2	6.36
TGC-0210		47.4	47.7	0.3	5.45
TGC-0210		61.2	62.7	1.5	15.70
	including	61.2	62.1	0.9	4.08
	and	62.1	62.4	0.3	57.08
	and	62.4	62.7	0.3	9.20
TGC-0210		65.4	65.7	0.3	26.66
TGC-0210		78.6	79.8	1.2	7.59
	including	78.6	78.9	0.3	4.46
	and	78.9	79.2	0.3	0.82
	and	79.2	79.8	0.6	12.54
TGC-0211		63.6	63.9	0.3	9.60
TGC-0211		66.3	66.9	0.6	21.85
	including	66.3	66.6	0.3	39.97
	and	66.6	66.9	0.3	3.72
TGC-0212		37.1	39.8	2.7	4.56
	including	37.1	37.4	0.3	15.20
	and	37.4	37.7	0.3	2.58
	and	37.7	38.0	0.3	1.89
	and	38.0	38.3	0.3	5.06
	and	38.3	38.9	0.6	0.13
	and	38.9	39.2	0.3	0.24
	and	39.2	39.5	0.3	5.90
	and	39.5	39.8	0.3	9.87
TGC-0212		41.0	41.6	0.6	3.63
TGC-0212		43.1	44.6	1.5	9.17
	including	43.1	44.0	0.9	13.38
	and	44.0	44.3	0.3	<0.01
	and	44.3	44.6	0.3	5.71
TGC-0212		69.5	69.8	0.3	90.50
TGC-0212		74.7	75.6	0.9	4.69
	including	74.7	75.0	0.3	3.65
	and	75.0	75.3	0.3	6.36
	and	75.3	75.6	0.3	4.06
TGC-0212		86.1	86.7	0.6	11.45
	including	86.1	86.4	0.3	7.81
	and	86.4	86.7	0.3	15.09
TGC-0212		90.3	90.9	0.6	33.92
	including	90.3	90.6	0.3	58.64
	and	90.6	90.9	0.3	9.19
TGC-0213		98.0	98.3	0.3	38.50
TGC-0214		45.3	48.0	2.7	4.22
	including	45.3	45.6	0.3	3.75
	and	45.6	45.9	0.3	5.00
	and	45.9	46.2	0.3	0.96
	and	46.2	46.5	0.3	1.95
	and	46.5	46.8	0.3	15.32
	and	46.8	47.1	0.3	2.40
	and	47.1	47.4	0.3	1.66
	and	47.4	47.7	0.3	3.33
	and	47.7	48.0	0.3	3.62
TGC-0215		15.6	15.9	0.3	10.00
TGC-0215		37.8	38.4	0.6	6.20
TGC-0215		97.5	97.8	0.3	10.02
TGC-0215		103.8	104.1	0.3	3.62
TGC-0215		106.5	107.4	0.9	5.97
	including	106.5	106.8	0.3	5.02
	and	106.8	107.1	0.3	1.55
	and	107.1	107.4	0.3	11.35
TGC-0215		109.8	111.0	1.2	13.19
	including	109.8	110.1	0.3	15.89
	and	110.1	110.4	0.3	22.48
	and	110.4	110.7	0.3	6.27
	and	110.7	111.0	0.3	8.11
TGC-0215		126.9	127.5	0.6	19.12
	including	126.9	127.2	0.3	14.40
	and	127.2	127.5	0.3	23.83
TGC-0217		112.7	114.5	1.8	6.14
	including	112.7	113.0	0.3	3.02
	and	113.0	113.3	0.3	10.87
	and	113.3	113.9	0.6	7.23
	and	113.9	114.5	0.6	4.24
TGC-0218		43.8	44.4	0.6	9.60
TGC-0218		61.5	62.7	1.2	9.29
	including	61.5	61.8	0.3	4.44
	and	61.8	62.1	0.3	0.19
	and	62.1	62.4	0.3	26.78
	and	62.4	62.7	0.3	5.76
TGC-0218		66.3	66.9	0.6	3.50
TGC-0219		31.5	31.8	0.3	4.30
TGC-0219		47.4	47.7	0.3	5.45
TGC-0219		54.3	55.5	1.2	3.55
TGC-0219		58.5	58.8	0.3	5.22
TGC-0219		97.8	98.1	0.3	9.99
TGC-0219		111.9	112.2	0.3	6.35
TGC-0219		126.0	126.3	0.3	11.82
TGC-0221		44.7	47.4	2.7	4.03
	including	44.7	45.0	0.3	10.99
	and	45.0	45.3	0.3	2.47
	and	45.3	45.6	0.3	3.47
	and	45.6	45.9	0.3	0.24
	and	45.9	46.2	0.3	<0.01
	and	46.2	46.5	0.3	5.82
	and	46.5	46.8	0.3	6.03
	and	46.8	47.1	0.3	0.50
	and	47.1	47.4	0.3	6.71
TGC-0223		75.6	76.2	0.6	7.46
TGC-0223		78.6	79.2	0.6	4.90
TGC-0223		91.4	92.0	0.6	7.78
TGC-0224		25.8	28.5	2.7	9.85
	including	25.8	26.4	0.6	27.65
	and	26.4	27.3	0.9	5.49
	and	27.3	27.6	0.3	2.18
	and	27.6	27.9	0.3	3.23
	and	27.9	28.5	0.6	5.75
TGC-0224		57.2	57.5	0.3	48.09
TGC-0224		91.7	92.9	1.2	8.81
	including	91.7	92.3	0.6	7.73
	and	92.3	92.9	0.6	9.89
TGC-0224		116.0	116.6	0.6	5.83
TGC-0224		136.1	137.0	0.9	3.33
TGC-0225		93.7	94.0	0.3	4.56
TGC-0225		94.6	97.3	2.7	17.89
	including	94.6	94.9	0.3	4.50
	and	94.9	95.1	0.2	3.66
	and	95.1	95.5	0.4	<0.01
	and	95.5	95.8	0.3	1.31
	and	95.8	96.1	0.3	19.08
	and	96.1	96.4	0.3	113.76
	and	96.4	96.7	0.3	9.14
	and	96.7	97.0	0.3	7.62
	and	97.0	97.3	0.3	3.16
TGC-0226		19.8	20.4	0.6	10.58
	including	19.8	20.1	0.3	17.32
	and	20.1	20.4	0.3	3.84
TGC-0226		28.5	28.8	0.3	63.72
TGC-0226		41.0	41.3	0.3	9.70
TGC-0226		55.4	56.0	0.6	3.10
TGC-0226		56.3	56.6	0.3	4.68
TGC-0226		58.1	58.4	0.3	18.52
TGC-0226		88.4	88.7	0.3	3.97
TGC-0226		91.7	92.9	1.2	5.75
	including	91.7	92.0	0.3	19.58
	and	92.0	92.3	0.3	0.07
	and	92.3	92.6	0.3	0.12
	and	92.6	92.9	0.3	3.22
TGC-0226		104.3	104.6	0.3	5.89
TGC-0226		110.6	110.9	0.3	7.13
TGC-0226		111.8	112.1	0.3	4.46
TGC-0227		100.7	101.0	0.3	36.04
TGC-0227		169.6	169.9	0.3	3.12
TGC-0228		14.9	15.6	0.8	3.39
TGC-0228		21.5	23.0	1.5	6.25
	including	21.5	21.8	0.3	4.60
	and	21.8	22.2	0.4	6.43
	and	22.2	22.6	0.4	8.77
	and	22.6	23.0	0.4	4.65
TGC-0228		32.8	33.4	0.6	29.89
TGC-0228		54.7	55.3	0.6	16.78
TGC-0228		57.8	58.5	0.7	12.64
TGC-0228		87.3	89.3	2.0	9.20
	including	87.3	87.6	0.3	21.49
	and	87.6	88.4	0.8	<0.01
	and	88.4	89.3	0.9	12.98
TGC-0228		90.8	91.1	0.3	77.50
TGC-0228		101.4	101.7	0.3	4.80
TGC-0228		108.5	108.8	0.3	41.99
TGC-0231		92.8	96.0	3.2	7.59
	including	92.8	93.3	0.5	7.66
	and	93.3	93.8	0.5	1.06
	and	93.8	94.3	0.5	4.04
	and	94.3	94.6	0.3	0.18
	and	94.6	95.0	0.5	3.60
	and	95.0	95.6	0.6	26.34
	and	95.6	96.0	0.5	4.31
TGC-0234		24.5	24.8	0.3	18.69
TGC-0234		44.8	47.1	2.3	6.03
	including	44.8	45.1	0.3	3.15
	and	45.1	45.4	0.3	0.30
	and	45.4	45.9	0.5	<0.01
	and	45.9	46.5	0.6	16.87
	and	46.5	46.8	0.3	4.07
	and	46.8	47.1	0.3	4.96
TGC-0234		50.7	51.0	0.3	5.70
TGC-0234		52.2	52.8	0.6	7.07
TGC-0234		54.9	55.8	0.9	3.90
TGC-0234		88.3	88.9	0.6	7.39
TGC-0234		90.6	92.0	1.4	3.62
	including	90.6	90.9	0.3	6.06
	and	90.9	91.7	0.8	0.35
	and	91.7	92.0	0.3	9.92
TGC-0236		116.5	117.1	0.6	4.41
TGC-0237		42.6	42.9	0.3	1517.79
TGC-0237		45.0	46.5	1.5	11.79
	including	45.0	45.3	0.3	41.53
	and	45.3	45.9	0.6	4.84
	and	45.9	46.5	0.6	3.86
TGC-0237		62.3	62.6	0.3	4.70
TGC-0239		97.8	99.2	1.4	30.99
	including	97.8	98.1	0.3	137.50
	and	98.1	98.9	0.8	0.51
	and	98.9	99.2	0.3	5.75
TGC-0240		44.0	46.5	2.5	18.42
	including	44.0	44.3	0.3	5.90
	and	44.3	44.6	0.3	<0.01
	and	44.6	44.9	0.3	8.88
	and	44.9	45.8	0.9	16.99
	and	45.8	46.1	0.3	3.98
	and	46.1	46.5	0.4	62.83
TGC-0240		66.7	67.0	0.3	6.15
TGC-0240		102.6	102.9	0.3	4.33
TGC-0240		117.8	118.4	0.6	14.67
TGC-0241		92.2	94.2	2.0	4.91
	including	92.2	93.1	0.9	6.40
	and	93.1	93.7	0.6	1.15
	and	93.7	94.2	0.5	6.71
TGC-0242		61.6	61.9	0.3	11.58
TGC-0242		71.6	71.9	0.3	3.70
TGC-0242		72.8	73.8	1.0	4.48
	including	72.8	73.5	0.7	3.34
	and	73.5	73.8	0.3	6.95
TGC-0244		55.4	56.3	0.9	4.97
	including	55.4	55.7	0.3	5.24
	and	55.7	56.3	0.6	4.83
TGC-0244		76.2	78.5	2.3	8.37
	including	76.2	76.8	0.6	13.71
	and	76.8	77.4	0.6	9.23
	and	77.4	78.2	0.8	0.56
	and	78.2	78.5	0.3	15.73
TGC-0244		84.1	85.0	0.9	4.37
TGC-0245		82.6	82.9	0.3	3.76
TGC-0245		91.0	91.5	0.5	72.55
TGC-0245		103.9	104.2	0.3	8.42
TGC-0246		131.7	132.0	0.3	4.01
TGC-0246		134.0	134.9	0.9	15.07
	including	134.0	134.3	0.3	31.99
	and	134.3	134.6	0.3	9.12
	and	134.6	134.9	0.3	4.10
TGC-0246		136.4	137.3	0.9	5.62
	including	136.4	137.0	0.6	5.08
	and	137.0	137.3	0.3	6.69
TGC-0247		43.5	43.8	0.3	20.55
TGC-0247		51.0	51.6	0.6	7.11
TGC-0247		61.1	62.6	1.5	19.11
	including	61.1	61.4	0.3	9.08
	and	61.4	61.8	0.4	9.67
	and	61.8	62.6	0.8	27.59
TGC-0247		81.9	82.2	0.3	16.11
TGC-0247		84.9	85.2	0.3	12.24
TGC-0247		86.4	87.3	0.9	10.89
	including	86.4	87.0	0.6	9.59
	and	87.0	87.3	0.3	13.50
TGC-0247		89.1	89.4	0.3	75.86
TGC-0248		53.3	53.6	0.3	4.22
TGC-0248		55.1	55.6	0.4	4.48
TGC-0248		59.1	59.5	0.4	3.54
TGC-0248		61.2	61.6	0.4	3.96
TGC-0248		67.5	67.8	0.3	4.96
TGC-0248		88.0	88.5	0.5	24.99
TGC-0248		92.0	92.6	0.6	11.13
	including	92.0	92.3	0.3	9.59
	and	92.3	92.6	0.3	12.67
TGC-0248		99.3	99.6	0.3	6.21
TGC-0248		103.2	103.5	0.3	4.44
TGC-0250		45.6	46.3	0.7	6.21
	including	45.6	45.9	0.3	9.10
	and	45.9	46.3	0.4	4.05
TGC-0250		52.7	53.0	0.3	115.25
TGC-0250		57.3	58.9	1.6	7.13
	including	57.3	57.6	0.3	6.64
	and	57.6	57.9	0.3	3.52
	and	57.9	58.2	0.3	1.71
	and	58.2	58.5	0.3	1.42
	and	58.5	58.9	0.4	18.55
TGC-0250		68.1	68.5	0.4	5.28
TGC-0250		69.5	69.9	0.4	3.13
TGC-0251		46.9	48.7	1.8	25.73
	including	46.9	47.2	0.3	9.60
	and	47.2	47.6	0.4	96.78
	and	47.6	48.4	0.8	0.10
	and	48.4	48.7	0.3	15.50
TGC-0251		63.8	64.5	0.8	5.56
	including	63.8	64.2	0.5	5.93
	and	64.2	64.5	0.3	4.99
TGC-0254		54.2	54.5	0.3	9.48
TGC-0254		58.3	58.9	0.6	12.55
TGC-0254		90.8	91.5	0.8	67.45
TGC-0254		101.9	102.2	0.3	17.89
TGC-0254		106.1	106.4	0.3	4.02
TGC-0255		49.9	50.2	0.3	9.89
TGC-0255		61.5	61.8	0.3	6.67
TGC-0256		92.8	93.7	0.9	14.66
	including	92.8	93.1	0.3	6.31
	and	93.1	93.4	0.3	0.07
	and	93.4	93.7	0.3	37.59
TGC-0256		98.1	98.7	0.6	64.25
TGC-0256		108.3	108.9	0.6	3.46
TGC-0257		51.2	54.5	3.3	5.26
	including	51.2	51.5	0.3	3.66
	and	51.5	52.1	0.6	0.09
	and	52.1	52.5	0.4	15.98
	and	52.5	53.0	0.6	0.95
	and	53.0	53.3	0.3	9.58
	and	53.3	53.6	0.3	<0.01
	and	53.6	53.9	0.3	4.80
	and	53.9	54.2	0.3	0.12
	and	54.2	54.5	0.3	16.79
TGC-0257		56.9	57.5	0.7	10.19
	including	56.9	57.2	0.4	14.58
	and	57.2	57.5	0.3	4.92
TGC-0259		57.4	57.7	0.3	86.50
TGC-0259		60.0	61.9	1.9	6.98
	including	60.0	60.3	0.3	4.31
	and	60.3	60.6	0.3	0.78
	and	60.6	60.9	0.3	<0.01
	and	60.9	61.9	1.0	11.99
TGC-0261		20.1	20.5	0.4	3.19
TGC-0261		25.3	26.7	1.3	3.54
	including	25.3	25.6	0.3	9.99
	and	25.6	25.9	0.3	<0.01
	and	25.9	26.4	0.4	0.06
	and	26.4	26.7	0.3	5.74
TGC-0261		33.3	34.4	1.1	5.62
	including	33.3	33.6	0.3	3.60
	and	33.6	33.9	0.3	7.12
	and	33.9	34.4	0.5	5.89
TGC-0261		61.6	61.9	0.4	5.34
TGC-0261		63.5	64.3	0.8	4.93
TGC-0261		95.9	96.2	0.3	6.58
TGC-0261		97.1	100.2	3.2	7.00
	including	97.1	97.4	0.3	3.76
	and	97.4	97.8	0.4	0.18
	and	97.8	98.1	0.3	26.35
	and	98.1	98.4	0.4	15.55
	and	98.4	98.7	0.3	4.96
	and	98.7	99.1	0.3	9.95
	and	99.1	99.4	0.4	0.27
	and	99.4	99.9	0.5	0.04
	and	99.9	100.2	0.3	8.31
TGC-0261		115.1	115.5	0.4	3.85
TGC-0261		121.9	123.2	1.3	11.74
	including	121.9	122.2	0.3	34.63
	and	122.2	122.6	0.4	0.08
	and	122.6	122.9	0.3	3.62
	and	122.9	123.2	0.3	11.33
TGC-0261		130.6	130.9	0.3	6.02
TGC-0263		60.5	60.8	0.3	513.50
TGC-0263		63.2	65.6	2.4	8.98
	including	63.2	63.5	0.3	5.61
	and	63.5	64.1	0.6	26.30
	and	64.1	64.4	0.3	5.39
	and	64.4	64.7	0.3	0.33
	and	64.7	65.0	0.3	0.96
	and	65.0	65.6	0.6	3.48
TGC-0263		78.6	79.5	0.9	5.99
	including	78.6	78.9	0.3	3.82
	and	78.9	79.5	0.6	7.08
TGC-0263		83.6	84.2	0.6	5.08
TGC-0263		85.4	85.7	0.3	3.66
TGC-0263		91.8	92.1	0.3	22.76
TGC-0263		97.8	98.1	0.3	9.45

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234067

FAQ

What are the highest gold grades reported in Lion One's latest drilling at Tuvatu?

The highest gold grades reported include 1517.79 g/t Au over 0.3m and 513.50 g/t Au over 0.3m from the Zone 5 drilling program.

What is the current strike length of the UR2 and URW3 lodes at LOMLF's Tuvatu project?

The UR2 lode has a total strike length of approximately 620m, while the URW3 lode extends approximately 330m.

How is Lion One (LOMLF) conducting its grade control drilling at Tuvatu?

Grade control drilling is being conducted from three underground locations (1130, 1135, and 1090 drill cuddies) on 10m centers to provide detailed understanding of the Zone 5 lodes.

What is the purpose of LOMLF's current Zone 5 grade control drilling program?

The program aims to enhance the mine model and inform stope design in advance of mining in the target areas.