Core Insights - Lion One Metals Limited reported significant high-grade gold results from 1,757.8 meters of near-mine expansion drilling at its Tuvatu Alkaline Gold Project in Fiji, focusing on the SKL lodes in Zone 5 [1][2] - The company appointed Ian Berzins as the new CEO, succeeding Walter Berukoff, who transitions to Chairman and President [1][10] Drilling Results - Drilling at the SKL lodes intersected high-grade mineralized structures in 10 drill holes, with notable assays including 502.50 g/t, 118.20 g/t, 85.50 g/t, and 76.50 g/t gold over narrow widths [2][6] - All high-grade results were found within 75 meters of underground developments and within 110 meters of the surface, indicating strong potential for inclusion in the long-term mine plan [2][9] - Historical test mining occurred in the 1990s, but modern drilling has been limited despite the proximity to existing underground workings [2][8] Management Transition - Walter Berukoff, the founder and former CEO, will remain involved as Chairman and President, focusing on supporting the growth of Tuvatu and exploring additional assets [10][11] - Ian Berzins brings over 40 years of mining experience, having previously led significant operational ramp-ups in Canadian gold mining operations [13][14] Company Overview - Lion One Metals is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project, which includes a high-grade gold deposit and extensive exploration licenses covering the Navilawa Caldera [21]

Group 1 - Lion One Metals Limited has received approval from the TSX Venture Exchange for the listing of 25,367,647 share purchase warrants issued on February 14, 2025, as part of a public offering [1][2] - Each warrant is exercisable to acquire one common share at a price of C$0.41 until February 10, 2028, and trading is expected to commence on February 26, 2025, under the ticker "LIO.WT.A" [2] - Lion One Metals is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit, an underground mine, a pilot plant, and an assay lab [3] Group 2 - The company holds an extensive exploration license covering the Navilawa Caldera, which hosts multiple mineralized zones and prospective exploration targets [3]

Core Viewpoint - Lion One Metals Limited reported significant high-grade gold results from near-mine exploration and infill drilling at the Tuvatu Alkaline Gold Project in Fiji, particularly from the West Zone target, indicating potential for resource expansion [1][2][3]. Exploration Results - The West Zone is located approximately 300 meters west of the main Tuvatu deposit and is accessible from existing mine infrastructure. The drilling program aims to incorporate the West Zone into the long-term mine plan for Tuvatu [2][7]. - High-grade mineralized structures were intersected in 14 drill holes, with notable assays including 896.00 g/t, 306.78 g/t, 264.55 g/t, and 178.55 g/t gold over narrow widths [2][5]. - The drilling results indicate that all high-grade gold intersections occurred between 30 meters and 150 meters depth from the surface, suggesting a robust near-surface mineralization [2][3]. Drilling Program Details - The current drill program consists of 3,312.5 meters of near-mine exploration and infill drilling, focusing on resource infill and expansion [1][2]. - The West Zone is hypothesized to have a separate feeder system from the main Tuvatu deposit, making it a prime target for resource expansion [2][6]. - The ongoing drill program will help inform the development options for accessing the West Zone, potentially through a second portal or an underground access drive from Tuvatu [7]. Company Overview - Lion One Metals Limited is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit, an underground mine, and an assay lab [14].

Core Points - Lion One Metals Limited has successfully closed an underwritten offering, issuing 25,367,647 units at a price of $0.34 per unit, resulting in gross proceeds of $8,625,000 [1] - The total gross proceeds from both the offering and a concurrent non-brokered private placement amount to $10,811,578.74, with the private placement generating $2,186,578.76 from 6,431,114 units [2][3] Offering Details - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at C$0.41 for 36 months [4] - The company paid a cash commission of $603,750 to underwriters, equating to 7% of the gross proceeds, and issued 1,775,735 broker warrants [5] Use of Proceeds - Net proceeds from the offering will be allocated for mining and mill equipment, ongoing exploration activities at the Tuvatu Gold project in Fiji, and general corporate expenses [6] Related Party Transactions - Certain subscribers in the private placement include directors and management of the company, qualifying as a "related party transaction" but exempt from formal valuation and minority shareholder approval requirements [7] Company Overview - Lion One Metals Limited is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and extensive exploration licenses [10]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Company Overview - Lion Copper and Gold Corp. is a Canadian-based company focused on advancing its flagship copper assets in Yerington, Nevada through an Option to Earn-in Agreement with Nuton, a Rio Tinto venture [3] - The company's goal is to develop the Yerington Copper Project to achieve the lowest footprint copper production by applying Nuton technology and engaging with local communities and Indian Tribes [3] Upcoming Event - John Banning, Chief Operating Officer and Vice President of Lion Copper and Gold Corp., will present live at the Metals and Mining Virtual Investor Conference on February 13th, 2025, at 11:00 AM ET [1] - The event will allow real-time interaction where investors can ask questions, and an archived webcast will be available for those unable to attend live [1] Investor Engagement - Virtual Investor Conferences (VIC) provides an interactive forum for publicly traded companies to present directly to investors, enhancing investor access and engagement [4][5] - VIC replicates the components of an on-site investor conference, offering companies enhanced capabilities to connect with investors and schedule targeted one-on-one meetings [5]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive has a strong emphasis on technology adoption, utilizing various tools to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Lion One Drills 6.7 m of 25.45 g/t Gold in Zone 2 at Tuvatu Gold Mine in FijiJanuary 30, 2025 8:30 AM EST | Source: Lion One Metals LimitedNorth Vancouver, British Columbia--(Newsfile Corp. - January 30, 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 3,791.3 metres of underground grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The drilling is focused on Zon ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

North Vancouver, British Columbia--(Newsfile Corp. - January 23, 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 3,866.8 metres of infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The drilling is focused on Zone 5 and includes the Zone's best assay result to-date of 2,749.86 g/t of gold over 0.3 metres (88.42 oz/t of gold over 1.0 feet).All drilling was complet ...