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Lion One Announces Aggressive Plans to Explore the Navilawa Caldera in Fiji
North Vancouver, British Columbia--(Newsfile Corp. - April 8, 2019) - Lion One Metals Limited...
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[{"type":"text","content":"Lion One Announces Aggressive Plans to Explore the Navilawa Caldera in FijiNorth Vancouver, British Columbia--(Newsfile Corp. - April 8, 2019) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) (\"Lion One\" or the \"Company\") is pleased to announce that its recently appointed technical advisor, Quinton Hennigh and its geology team, have undertaken a thorough evaluation of its 100% controlled Tuvatu high-grade gold deposit and adjacent tenure within the Navilawa caldera, Viti Levu, Fiji and developed aggressive plans to explore the full extent of this very large gold system.Lion One controls all of the large Navilawa caldera, an expansive alkaline gold system of which the Company's Tuvatu high-grade vein deposit is a small part. Alkaline gold deposits share geologic similarities with low sulfidation epithermal vein deposits, but can now be considered to constitute their own class of gold deposit. Alkaline gold systems commonly display the following characteristics:Demonstrable connection to alkaline magmatism, both volcanic and plutonic. Large, often nebulous alteration systems dominated by potassium enrichment. General scarcity of silica within the alteration assemblage and in veins. While quartz is often present, veins are often dominated by potassium feldspar and carbonate minerals. Limited clay alteration.Overall low abundance of sulfide minerals.A large vertical profile, often in excess of 1,000 m. Gold deposition driven by fluid phase separation, hydrothermal \"flashing,\" cooling and fluid mixing. \"Veins\" that are commonly comprised of interconnected narrow veinlets. Individual veinlets commonly display extremely high gold grades such that a few small veinlets can carry economic mineralization over mineable widths. \"Spider web\" like networks of veins sometimes displaying a feeder structure at their core.Multiple mineralized centers within the great gold system.Gold occurring as native gold, gold tellurides, gold-bearing pyrite. Enrichment in elements including As, Te, Mo, Zn, F and Bi. Ag-to-Au ratios generally 1-to-1 or less.Large gold endowment. Alkaline gold deposits are some of the largest gold deposits on earth. Examples include Cripple Creek (Colorado), Lihir and Porgera (PNG), Macassa (Ontario) and Vatukoula (Fiji). In late 2017, Lion One was informed it had won the tender process for the remainde...