Lion One Drills 78.71 g/t Gold over 2.0 m, Including 168.25 g/t Gold over 0.9 m at Tuvatu Gold Mine in Fiji

Core Viewpoint - Lion One Metals Limited has reported significant high-grade gold results from its Tuvatu Alkaline Gold Project in Fiji, indicating strong potential for future mining operations [1][2]. Drilling Results - The company conducted 4,180.5 meters of underground infill and grade control drilling, focusing on the Zone 5 area, which is located down-dip of current mine levels [1][2]. - High-grade mineralized structures were intersected in 24 holes, with notable assays including 267.95 g/t over 0.3 m and 168.25 g/t over 0.9 m [2][6]. - The proximity of these results to existing workings suggests a strong probability of incorporation into the mine plan within the next six to twelve months [2][11]. Highlights of New Drill Results - Significant drill intercepts include: - 175.43 g/t Au over 0.9 m (including 267.95 g/t Au over 0.3 m) [6] - 78.71 g/t Au over 2.0 m (including 168.25 g/t Au over 0.9 m) [6] - 29.70 g/t Au over 3.1 m (including 179.52 g/t Au over 0.3 m) [6] - The results are typical for Tuvatu, which consists of high-grade narrow vein structures [11]. Mining Potential - The drilling targeted the down-dip extension of the Zone 5 lodes, which are expected to be mined within the next 6 to 12 months, representing an additional five levels of mining at Tuvatu [10][11]. - The Zone 5 area is believed to be the highest-grade part of the deposit, with the system remaining open at depth [9][10]. Company Overview - Lion One Metals is an emerging Canadian gold producer with operations at its 100% owned Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and an underground gold mine [21].