Over $145m invested in Tuvatu Gold Project

Lion One Metals has to date invested over $145m in the Tuvatu Alkaline-Gold project and need to invest another $100m before it anticipates to make its first revenue next year.

This as the company received an extension of special mining lease for another 11 years by the Fijian government yesterday, after rigorous assessment process by the Mineral Resources Department.

Company Chief Operating Officer, Patrick Hickey says this is tough business and they are ready to take on the challenges.

Article Link: https://www.fbcnews.com.fj/business/over-145m-invested-in-tuvatu-gold-project/