Lion One Metals – Operational and Exploration Update At The Tuvatu Gold Mine
First of all, thank you all for sending me your questions for the team over at Lion One Metals (“Lion One” or the “Company”) (TSX.V:LIO – OTCQX:LOMLF – ASX:LLO). Some of the more specific cash-flow and cost questions could not be addressed at this time but when more information is public I will follow up with the Company. Please keep sending me your questions to [email protected].
Patrick Hickey, Chief Operating Officer and Quinton Hennigh, Technical Advisor at Lion One join me to provide an update on the test mining and pilot plant as well as ongoing grade control drilling at the Tuvatu Project, in Fiji. We discuss the planned expansion to 500 tons/day and even further, progress of the underground development, pilot plant utilization and when we can expect to see some concrete production data. I also have Quinton explain the different zones and loads that are being worked on currently. A major focus is on getting to the 500 Zone.
On the exploration front we focus on recent grade control drilling results including some very high grade results from areas outside of the mine plan. We discuss how the Company will go about isolating and possibly mining these areas.
