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Lion One Drills 236.00 g/t Gold over 0.4 m Near Mine Underground at Tuvatu Gold Mine in Fiji
Newsfile· 2025-05-01 12:30
Core Insights - Lion One Metals Limited reported significant high-grade gold results from 4,123.8 meters of underground drilling at the Tuvatu Alkaline Gold Project in Fiji, particularly in the Zone 5 area [1][2] - The drilling program targeted the UR2 lode, with 29 out of 32 drill holes intersecting high-grade mineralization, indicating strong potential for incorporation into the mine plan within the next 6 to 12 months [2][12] Drilling Results - Notable drill intercepts include 236.00 g/t Au over 0.4 m, 101.58 g/t Au over 0.5 m, and 102.35 g/t Au over 0.3 m, among others, demonstrating the high-grade nature of the mineralization [2][7] - The highest grade assay previously reported from Zone 5 was 2,749.86 g/t Au over 0.3 m, indicating a consistent trend of high-grade results in this area [3] Geological Context - The Tuvatu project features a high-grade narrow vein alkaline gold deposit, with the UR2 lode being one of the main north-south oriented lodes, extending approximately 600 m in strike length [10][11] - The Zone 5 area is interpreted to be a major feeder zone, remaining open at depth with high-grade intersections occurring below 1,000 m [10] Future Development - The drilling results are expected to enhance the mine plan, with most high-grade intervals located within 50 m of existing underground workings, facilitating potential near-term mining [2][12] - The company is conducting infill and grade control drilling to better understand the geometry and mineralization of the UR2 lode ahead of mining operations [12]
Lion Rock Resources Begins 2025 Exploration Program at Volney Project, Targeting Critical Minerals in South Dakota
Newsfile· 2025-05-01 11:20
Core Viewpoint - Lion Rock Resources Inc. has initiated its 2025 exploration program at the Volney Project in South Dakota, focusing on high-grade lithium, gold, and tin mineralization, which are critical minerals in the U.S. [1][4] Group 1: Project Overview - The Volney Project is located 20 km southwest of Spearfish, covering 142 hectares of privately held land, allowing for rapid permitting and efficient exploration execution [2][8] - The project has a history of production and hosts significant mineralization, including historic lithium grades up to 5.4% Li₂O, gold values of 8.0 g/t Au over 43.0 m, and tin values up to 2.5% Sn [6][10] Group 2: Exploration Activities - The 2025 exploration program includes a high-resolution magnetic survey and a detailed mapping and sampling initiative to identify high-grade mineralization [1][4] - Field crews are mobilized for systematic mapping and sampling to refine drill targeting and expand known mineralized zones [6][8] Group 3: Strategic Importance - The project is strategically positioned to support U.S. domestic supply priorities for critical minerals, with lithium, gold, and tin being essential for various industries [4][6] - The Black Hills region has a rich mining history, having produced over 62 million ounces of gold, indicating a favorable environment for mineral exploration [8][10]
Lion Group Holding(LGHL) - 2024 Q4 - Annual Report
2025-04-30 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...
Whitestone REIT Commences Redevelopment at Lion Square in Houston's Asiatown District
GlobeNewswire News Room· 2025-04-23 11:00
Core Viewpoint - Whitestone REIT is initiating a strategic redevelopment of Lion Square in Houston's Asiatown to create a cultural hub that reflects the local Asian community's heritage and needs [1][3][4]. Group 1: Redevelopment Plans - The redevelopment will enhance architectural design, curb appeal, and introduce sustainable features such as new greenery and irrigation systems [2]. - The project aims to improve walkability and connectivity, aligning with Houston's Walkable Places initiative, which promotes pedestrian-friendly environments [2]. - The center will incorporate Asian architectural elements and will include an Asian-themed restaurant upon completion [5]. Group 2: Community Engagement and Market Position - The redevelopment is designed to meet the expectations of the Asian community, which is the second largest concentration of Asian-Americans in the U.S. [4]. - Lion Square attracts over 2 million visitors annually and is strategically located at a busy intersection, enhancing its appeal [4]. - The area has seen significant rent increases and low vacancy rates, indicating strong market demand, which Whitestone aims to capitalize on through this redevelopment [3]. Group 3: Company Overview - Whitestone REIT focuses on community-centered retail centers in rapidly growing markets, including Houston, and emphasizes strong tenant relationships [6][7]. - The company aims to drive foot traffic and sales through improved aesthetics and functionality of its properties [3].
Lion One Announces Mine Ventilation Upgrade, Reports Preliminary Gold Results
Newsfile· 2025-04-17 12:30
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].
Power Metallic Expands the Tiger Zone - First Indications of Lion Style Copper Dominant Mineralization at Tiger
Prnewswire· 2025-04-17 07:00
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 Fiji
Newsfile· 2025-03-25 12:30
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 ...
Power Metallic Expands the Lion Zone with Deepest Assayed Intersection to Date and Delivers Initial Ni/Cu Assays from the Tiger Zone
Prnewswire· 2025-03-25 07:00
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].
Lion Announces Plan to Implement ADS Ratio Change
Prnewswire· 2025-03-21 20:05
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 Fiji
Newsfile· 2025-03-20 12:30
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 ...