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Lion One Metals ( (TSE:LIO) ) just unveiled an announcement.
Lion One Metals Limited reported significant high-grade gold findings from its recent underground drilling at the Tuvatu Gold Mine in Fiji. The drilling revealed high-grade mineralized structures in Zone 2, with notable intersections of 6.7 meters at 25.45 g/t gold. These results, located near active mining areas, are expected to be integrated into the mine’s plan within the next six to twelve months, potentially enhancing the company’s operational and financial position.
More about Lion One Metals
Lion One Metals Limited operates in the gold mining industry, focusing on the exploration and development of gold resources. The company owns the Tuvatu Alkaline Gold Project in Fiji, where it is actively engaged in mining high-grade gold deposits.
YTD Price Performance: 23.21%
Average Trading Volume: 221,511
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$91.75M
Learn more about LIO stock on TipRanks’ Stock Analysis page.
