Core Viewpoint - Lion One Metals Limited has successfully completed significant infrastructure upgrades at its Tuvatu Gold Mine in Fiji, including a raise bore project and mine ventilation improvements, which are expected to enhance production capabilities and facilitate further development of high-grade gold zones [1][2][4]. Operations Update - The company is currently operating at a 300 TPD pilot plant phase, with plans to expand to 600-700 TPD by 2026 [3]. - The completion of the raise bore and primary ventilation circuit has dramatically improved airflow, allowing for deeper underground development and the advancement of new mineralized headings [4][6]. - A record number of 13 active headings are currently under development, with more expected as new mining equipment arrives [4][6]. Production Results - In Q1 CY2025, Lion One recovered 3,555 ounces of gold, marking a 155% increase year-over-year from 1,394 ounces in the same quarter of 2024 [9]. - The average head grade for the quarter was 4.9 g/t gold, with an overall recovery rate of 80.4% [8]. - Production decreased from the previous quarter's 4,300 ounces due to increased downtime for maintenance and repairs, as well as weather-related disruptions [10][12]. Development Projects - The company is developing its first shrinkage stope along the Ura1 lode, which has shown high-grade results, including 142.66 g/t gold over 2.2 meters [5]. - The Ura1 shrinkage stope is expected to be approximately 100 meters long, 30 meters tall, and 1.5 meters wide, designed to minimize dilution and maximize gold grades [5][6]. - This stope is anticipated to come online in May and June 2025, marking the beginning of a series of similar developments at Tuvatu [5].

Core Insights - Power Metallic Mines Inc. has reported positive results from its winter 2025 drilling campaign at the Tiger Zone, indicating the presence of polymetallic mineralization, primarily copper, at shallow depths [1][4][5] - The drilling campaign has identified significant assay results, particularly in holes PN-25-099 and PN-25-102, which show promising widths and high-grade mineralization [5][10] - The company plans to resume drilling in late May after a seasonal pause, with expectations for further assay results from additional drill holes in the coming weeks [7][8] Drilling Results - Four drill holes (PN-25-098, 099, 101, 102) were tested, all intersecting Lion style polymetallic mineralization at depths of 50-100 meters [1][4] - Hole PN-25-099 revealed a significant intersection of 14.3 meters at 0.96% CuEqRec1, including a higher-grade section of 6.0 meters at 1.84% CuEqRec1 [5][10] - Hole PN-25-102 showed a narrow high-grade zone with 1.00 meter at 6.37% CuEqRec1, indicating potential for further exploration [5][10] Exploration Strategy - The winter 2025 drilling campaign has covered approximately 8 kilometers of favorable stratigraphy, with multiple zones being explored, including the Tiger Zone [2][3] - The company has identified multiple off-hole EM anomalies that will guide future exploration efforts [6] - A major ramp-up in operations is planned for the summer, with six rigs expected to be operational [7][8] Community Engagement - Power Metallic has contributed $750,000 to support the Cree nations' annual goose hunt and the Reconstruction Initiative Forest Fires Fund 2023, demonstrating commitment to community relations [9]

Lion One Drills 142.66 g/t Gold over 2.2 m from Underground at Tuvatu Gold Mine in FijiMarch 25, 2025 8:30 AM EDT | Source: Lion One Metals LimitedNorth Vancouver, British Columbia--(Newsfile Corp. - March 25, 2025) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") is pleased to report significant new high-grade gold results from 2,194.70 meters of underground infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji ("Tuvatu"). T ...

Core Viewpoint - Power Metallic Mines Inc. has announced the results from its fall 2024 drilling campaign, highlighting significant mineralization in both the Lion and Tiger zones, with promising assay results indicating potential for further exploration and development [1][3][4]. Lion Zone - The drilling campaign included six holes, with PN-24-092 and PN-24-093 confirming the eastern plunge extent of the Lion zone, with PN-24-093 providing the deepest intersection to date [3][4]. - Hole PN-24-086 returned high PGE values, including 1.55m at 65.09 g/t Pd, indicating strong mineralization near the surface [4][6]. - Additional drilling below previously reported hole PN-25-096 has revealed significant visible mineralization, including massive Cu/Ni zones, with assays pending [3][4]. Tiger Zone - Drilling in the Tiger zone aimed to test a weak airborne EM anomaly, with hole PN-24-090 confirming the presence of a mineralized structure despite missing the anomaly source [6][10]. - Hole PN-24-094 intersected narrow zones of massive Ni/Cu sulphides, indicating potential for further mineralization in the area [7][10]. - Follow-up BHEM surveys have identified additional off-hole conductors, suggesting further exploration opportunities in the Tiger zone [9][10]. Assay Results - Significant assay results from the Lion zone include: - PN-24-086: 1.55m at 65.09 g/t Pd, 0.31% Cu, and 0.10% Ni [6]. - PN-24-092: 11.60m with various metal values including 0.37% Cu and 0.31% Ni [6]. - For the Tiger zone, notable results include: - PN-24-094: 9.90m with 0.24% Cu and 0.73 g/t Pd [10]. - PN-24-090: Multiple narrow zones of Cu, PGE, Au, and Ag confirming mineralization [10]. Exploration Strategy - The company is utilizing Borehole EM (BHEM) as a primary tool for discovering more mineralization, with successful identification of sulphides in follow-up drilling [5][9]. - The Nisk project, which includes the Lion and Tiger zones, is positioned as a significant opportunity for developing a high-grade nickel-copper PGM, gold, and silver mine in Canada [13][14].

HONG KONG, March 21, 2025 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to fifty (50) Class A ordinary share, to a new ADS Ratio of one (1) ADS to two thousand and ...

Lion One Announces Construction of Flotation Circuit at Tuvatu Gold Mine in FijiMarch 20, 2025 8:30 AM EDT | Source: Lion One Metals LimitedNorth Vancouver, British Columbia--(Newsfile Corp. - March 20, 2025) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") is pleased to announce the start of engineering and construction of the flotation circuit at its 100% owned Tuvatu Alkaline Gold Project in Fiji.The Tuvatu gold mine is currently operating at the 300 TPD pi ...

Lion Copper & Gold Regains Critical Water Rights for Yerington Copper ProjectStrategic Settlement Agreement Reached With State of NevadaMarch 13, 2025 4:00 PM EDT | Source: Lion Copper and Gold Corp.Yerington, Nevada--(Newsfile Corp. - March 13, 2025) - Lion Copper and Gold (OTCQB: LCGMF) (CSE: LEO) ("Lion CG" or "the Company") is pleased to announce the successful negotiation of a Settlement Agreement ("the Agreement") with the Nevada Division of Water Resources and the Nevada State Engineer ...

Core Perspective - The event in Times Square aimed to raise global awareness about the survival crisis of African lions, particularly focusing on the legendary lion Lorkulup, and to promote wildlife conservation efforts [1][10]. Group 1: Event Details - The event was organized by Nanjing WanMiaoYiWang Pet Services Co., Ltd. in collaboration with nearly 200 Chinese wildlife conservationists [1]. - A memorial video showcasing Lorkulup's life was displayed on an LED screen, along with posters and flyers to engage the public [2]. - Attendees expressed their commitment to wildlife conservation and shared information about the challenges faced by lions in the Maasai Mara [3][4]. Group 2: Lorkulup's Significance - Lorkulup was recognized as one of the most influential lions, known for his hunting skills and family-oriented nature, attracting global visitors [5]. - His tragic death at 7.5 years old on January 25, 2025, followed a similar incident involving another lion, Olobor, highlighting the threats faced by these animals [6]. Group 3: Human-Wildlife Conflict - The event underscored the severe survival crisis of African lions, exacerbated by human-wildlife conflict, particularly with local Maasai herders [7][9]. - Recent incidents included the poisoning of five lions and over 13 hyenas in retaliation for livestock attacks, illustrating the ongoing tensions [7]. - Over 50 lions, 6 leopards, and 15 cheetahs have reportedly died due to human-wildlife clashes in the Maasai Mara region, with many unrecorded deaths likely [9]. Group 4: Tourism and Ecological Impact - The booming wildlife tourism industry in Maasai Mara has led to habitat fragmentation and ecological pressures due to irresponsible tourist behaviors [8]. - The event served as a call to action for recognizing the importance of wildlife conservation amidst these challenges [10].

Core Viewpoint - Lion One Metals Limited reported record mine operating income and significant operational improvements at its Tuvatu Gold Mine in Fiji, driven by increased gold production and cost-cutting measures [1][2][6]. Financial Results Summary - The company achieved a record mine operating income of C$6,302,540 for Q4 CY2024, representing a 312% increase compared to Q3 CY2024 [2][5]. - Gold sold increased to 4,741 ounces, a 52% rise from the previous quarter [5]. - Average gold selling price rose to C$3,794 per ounce, a 14% increase from C$3,332 [5]. - Cost of sales per ounce of gold decreased by 13% to C$2,465 [5]. - Total gold revenue reached C$17,993,020, a 72% increase from C$10,470,518 in the previous quarter [5][6]. Operational Results Summary - The company has consistently improved gold grades and recoveries since the Tuvatu processing plant was commissioned in early 2024 [2]. - A total of 31,044 tonnes of high-grade mineralized material was mined, with 56% of this material coming from outside the current Mineral Resource Estimate (MRE) [3][6]. - The average head grade was reported at 5.5 g/t gold, with an overall gold recovery rate of 82.5% [6]. Expansion and Infrastructure - The company is currently operating at a 300 TPD pilot plant level, with plans to expand to a 600-700 TPD operation anticipated in 2026 [7]. - Critical mine infrastructure projects, including a raise bore and mine ventilation project, are expected to be completed by March 2025 [7]. - The company has procured C$2 million in additional mining equipment to accelerate operations [8]. Laboratory Accreditation - Lion One's internal assay laboratory has achieved ISO 17025 accreditation, enhancing its operational efficiency and reliability [9][10]. - The lab can process over 10,000 samples monthly and provides rapid assay results, significantly reducing costs and wait times [9][10]. - As the only accredited mining lab in Fiji, it can also assay samples from other operations, creating a potential secondary revenue stream [11].

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