BUILDING FIJI’S NEXT HIGH-GRADE GOLD MINE

25km icon
25km
FROM NADI INTERNATIONAL AIRPORT IN FIJI
8 icon
8
Drill Rigs
30,000m icon
30,000m
ANNUAL DRILLING
136km2 icon
136km2
EXPLORATION LICENSE AREA
12,000 icon
12,000
ASSAY LAB MONTHLY SAMPLING CAPACITY
2035 icon
2035
UPDATED MINE LEASE RENEWAL DATE
Development header area banner

PROJECT OVERVIEW

Lion One’s Tuvatu Alkaline Gold Project is a world class geological anomaly with considerable high grade gold upside potential across the Company's mine lease and exploration license area.

The renewal date of the Company's special mining license has been extended until 2035 providing additional security and confidence by the Government of Fiji in the Company's ability to deliver on building and operating the country's 2nd gold mine. Several port facilities and the country's largest commercial airport are located within 30 km of the project.

The Special Mining License covers both the current resource and several high priority exploration target areas with the anticipation this will add to the Life of Mine of this development.

PROJECT OVERVIEW banner
HIGH GRADE RESOURCE Icon
HIGH GRADE RESOURCE
PRIME GEOLOGICAL SETTING Icon
PRIME GEOLOGICAL SETTING
PERMITTED FOR PRODUCTION Icon
PERMITTED FOR PRODUCTION
WORLD CLASS INFRASTRUCTURE Icon
WORLD CLASS INFRASTRUCTURE

MINE SITE INFRASTRUCTURE

MINE SITE INFRASTRUCTURE banner

The Company has commenced mine development with several key infrastructure projects complete or well advanced including the construction of the base camp, accommodation facilities, offices, and core sheds.

Development of the no. 2 production decline commenced in mid-2022 which will be utilized to conduct deep strategic drilling and eventual mine production. Progress is underway with the tailings facility and equipment has been ordered in preparation for the construction of the plant site.

Contracts are complete or in final negotiation for all mine infrastructure including:

OFFICES icon
OFFICES
POWER icon
POWER
MINE EXPLOSIVES MAGAZINE icon
MINE EXPLOSIVES MAGAZINE
WATER SUPPLY AND WASTE-WATER TREATMENT icon
WATER SUPPLY AND WASTE-WATER TREATMENT
TAILINGS icon
TAILINGS
COMMUNICATIONS INCL. FIBER-OPTIC ACCESS icon
COMMUNICATIONS INCL. FIBER-OPTIC ACCESS

2022-23 MINE DEVELOPMENT PROGRESS

MINE DEVELOPMENT

Permits are in place for underground mining operations icon
Permits are in place for underground mining operations
Development of no. 2 underground access portal @ rate of 4 m per day icon
Development of no. 2 underground access portal @ rate of 4 m per day
Mobile mining equipment fleet has been purchased or delivered icon
Mobile mining equipment fleet has been purchased or delivered

MILL DESIGN & CONSTRUCTION

Detailed engineering & procurement underway icon
Detailed engineering & procurement underway
Design process completed for scalable mill facility icon
Design process completed for scalable mill facility
Installation & initial production planned for Q3 & Q4 2023 icon
Installation & initial production planned for Q3 & Q4 2023

© 2022 Lion One Metals Limited
All rights reserved.
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