Grade Control Drilling in URW1 and Zone 5 Areas Returns Grades over 100 g/t Au Lion One Metals Ltd. is pleased to report significant high-grade gold results from ongoing grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Assay results are presented here for grade control drilling completed on both the URW1 lode system as [...]
High-Grade Assays Received from the First Cut on URW1 Lode Lion One Metals Ltd. is pleased to announce that it has commenced mining on the URW1 lode at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Strike driving has reached the URW1 Lode and the first underground images of the lode have been received . The initial intersection of the lode [...]
Lion One Metals Ltd. announces that the share purchase warrants issued on May 11, 2023 pursuant to its bought deal offering of 29,350,000 units of the Company at a price of $0.92 per Unit for aggregate gross proceeds of $27,002,000 will be listed on the TSX Venture Exchange under the trading symbol "LIO.WT". The Warrants are expected to commence [...]
Lion One Metals Ltd. , is pleased to announce that the Company has closed the bought deal offering previously announced on May 3, 2023 by issuing 29,350,000 units of the Company at a price of $0.92 per Unit for aggregate gross proceeds of $27,002,000 pursuant to the terms of an underwriting agreement dated as of May 5, 2023, among the Company [...]
Lion One Metals Ltd. is pleased to announce that it has entered into an agreement with Eight Capital, as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 29,350,000 units of the Company at a price of C$0.92 per Unit , for total [...]
Lion One Metals Ltd. reports significant new high-grade results from grade control drilling at the Company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Following on the initial mining and extraction of the URA1 lode, the Company is here reporting new high-grade results from grade control drilling on the URW1 lode system, approximately 120m [...]
Lion One Metals Ltd. announces a significant milestone at Tuvatu. Initial mining of near-surface, high-grade gold bearing mineralization has commenced from a recently discovered mineralized lode. To date, strike driving along the new lode totals 14 cuts for an estimated 475 tonnes, much of which has already been added to the Company's mining [...]
Lion One Metals Ltd. announces the acceleration of mine development and plant construction following the completion of project financing, at the Company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Lion One has advanced the number 2 development drive by over 250 meters and has completed the first cut of high-grade material from the URA1 lode [...]
Lion One Metals Ltd. announces the Company has completed its previously announced debt and equity financing transaction and has received total proceeds of US$25 million from: i) the funding of the US$23 million 1st tranche of its previously announced US$37 million financing facility provided by Nebari Gold Fund 1, LP, Nebari Natural Resources [...]
Lion One Metals Ltd. announces further high-grade assay results ongoing Zone 500 drilling at the Company's 100%-owned Tuvatu Alkaline Gold Project in Fiji. Underground drill holes TUG-147 and TUG-150 were drilled to further test the high-grade zone originally defined by drill holes TUG-141, TUDDH-601 and TUDDH-608, previously reported on June 6 [...]
Funding Package of US$35 Million Loan Facility and US$2 Million Equity Investment Finances and Accelerates Completion of Tuvatu Gold Mine and Production Facilities Lion One Metals Ltd. is pleased to announce that it has entered into a facility agreement with Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural [...]
Lion One Metals Ltd. is pleased to announce the results of the Company's annual and special general meeting of shareholders held on December 15, 2022. At the Meeting, the number of directors of the Company was set at four with the following directors re-elected at the Meeting: Walter H. Berukoff, Richard J. Meli, Kevin Puil and David R. Tretbar. In [...]