Lion One Exceeds Own Expectation

Fiji’s next gold mine could exceed its own expectations when it commences production next year, given the rate at which is it expanding its workforce. Article Link:

Scarsdale increased its target price on the gold company to CA$2.25 per share

In a Jan. 3 research note, Scarsdale Equities analyst Mike Niehuser reported that “evidence continues to mount for an alkaline gold system” at Lion One Metals Ltd.’s (LIO:TSX.V; LOMLF:OTCQX) Tuvatu project in Fiji. Accordingly, Scarsdale increased its target price on the gold company to CA$2.25 per share and kept it Buy rated. In comparison, Lion….[MORE]

Explorer & Developer Buys Drilling Equipment for Use at Fiji Project

Streetwise Reports The company now has easy access to essential equipment it can use at a lower cost. Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it acquired Geodrill’s drilling equipment to use on its Tuvatu gold project in Fiji. The assets Lion One purchased from the Nadi, Fiji-based exploration drilling company include two diamond….[MORE]

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Lion One Buys Drill Assets in Fiji Lion One Metals (TSXV: LIO) announced has just bought the drilling assets of drilling company Geodrill, which is located in Fiji’s main island. The purchase would allow Lion One to prepare for drilling at its 100%-owned Tuvatu gold project, which on the island of Viti Levu also in the Fiji Islands. READ ORIGINAL ARTICLE

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Lion One tees up US$40m financing for Fiji mine

Mining Journal Lion One Metals (TSXV: LIO) has signed an indicative term sheet with two Chinese companies for a US$40 million financing package to develop “Fiji’s next high-grade gold project”. Under the deal, Lion One intends to appoint Sinosteel Equipment and Engineering as the engineering, procurement and construction (EPC) contractor and engage Baiyin International Investment….[MORE]

Fiji Looking Golden for Lion One Metals

Resource World Lion One Metals (LIO-TSXV; LOMLF-OTCQX) holds Fiji’s Tuvatu gold project, one of the highest-grade gold mining prospects in the world. Led by Walter Berukoff, Lion One plans to mine the yellow metal in the near future.  

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