Lion One Drills 236.00 g/t Gold over 0.4 m Near Mine Underground at Tuvatu Gold Mine in Fiji

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]