Business
Lion One Completes Commissioning of New Float Plant at Tuvatu
Company enters production ramp-up phase as Tuvatu builds capability toward full operating capacit...
About this update from Lion One Metals Limited
[{"type":"text","content":"Lion One Completes Commissioning of New Float Plant at TuvatuCompany enters production ramp-up phase as Tuvatu builds capability toward full operating capacityNorth Vancouver, British Columbia--(Newsfile Corp. - March 23, 2026) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) is pleased to announce the successful commissioning of a new flotation plant — known in the industry as a \"float plant\" — at its 100%-owned Tuvatu Alkaline Gold Project in Fiji. This is a genuine milestone, and one that marks the beginning of a new chapter for the Company. The plant has been built, tested, and is now operating. What lies ahead is the important and necessarily patient work of running it up to its full potential.The newly commissioned float plant at Lion One's Tuvatu Alkaline Gold Project, Viti Levu, Fiji.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2178/289535_b2a81aa1143c8807_001full.jpgMar 2026Commissioning Completed100%Owned by Lion OneFijiProject LocationRamp-UpCurrent Phase Campbell Olsen, who assumed the role of Chief Executive Officer in February 2026, has been candid with the Board and his team about the realities of what has been inherited at Tuvatu: a project with tremendous underlying value, and a set of operational, technical, and organisational challenges that must be worked through methodically and honestly. The commissioning of the float plant is an important step forward. It is the first of many.A note to shareholders: Flotation processing is a new capability for the Tuvatu operation. Building the skills, experience, and operational confidence to run this plant well takes time — and shareholders should expect the ramp-up to be a gradual process rather than an overnight transformation. We ask for your patience and confidence as our team develops its expertise.Left: The plant's primary structural frame and tailings pumping. • Right: The flotation cell bank inside the processing building.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2178/289535_lionone_image.jpgWHAT IS A FLOAT PLANT — AND WHY DOES IT MATTER?For those new to gold processing, a flotation plant is the core of a modern gold recovery circuit. It takes finely crushed ore from the mine and subjects it to a carefully controll...