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Lion One Extends Tuvatu Prospects in Fiji, Appoints New VP Exploration
North Vancouver, British Columbia--(Newsfile Corp. - June 7, 2018) - Lion One Metals Limited ...
About this update from Lion One Metals Limited
[{"type":"text","content":"Lion One Extends Tuvatu Prospects in Fiji, Appoints New VP ExplorationNorth Vancouver, British Columbia--(Newsfile Corp. - June 7, 2018) - Lion One Metals Limited (TSXV: LIO) (ASX: LLO) (OTCQX: LOMLF) (FSE: LY1) is pleased to announce the appointment of Mr Darren Holden as the Company's new Vice-President of Exploration and provides the following exploration update for the Company's 100% owned and fully permitted high grade Tuvatu Gold Project, located near the Nadi International Airport in the Republic of Fiji. Following the discovery of a new mineralised lode from benching that returned a (non-representative) select sample of 502 g/t gold over 0.70 m (see new release dated March 5, 2018), Lion One's Fiji exploration team has mapped more than 20 previously undefined mineralized structures at the Jomaki-Ura Creek prospect areas and identified potential geological extensions on the main mineralized zones inside the Tuvatu Mining Lease (SML 62) including the following highlights:Jomaki-Ura Creek prospect: more than 20 mineralized veins covering a 1,000m x 900m area;Ura Creek: mapping of extensions of at least 3 veins in the Ura vein system including continuations NE towards the principal gold bearing veins of the Tuvatu system giving a target strike length of 2.2 km; Jomaki: 18 mineralized structures hosted in 2 parallel zones (Jomaki East & Jomaki West) including the previously announced high-grade select sample of 502g/t Au over 0.70 m. Tuvatu South: anomalies from multi-element data point to possible 1km extension of main mineralized zone of Tuvatu; to be evaluated as underground drilling targets.Lion One Managing Director Stephen Mann commented, \"In the Tuvatu resource area, approximately half of the 40 veins identified to date have sufficient sample data from drilling to merit inclusion in a resource estimate. We've now identified more than 20 mineralized veins at surface in the Jomaki-Ura Creek area where strong multi-element anomalism suggest potential scale and signature comparable and possibly larger than the main resource area at Tuvatu.\" (refer to Figure 1) Exploration including the Company's benching and channel sampling programs are continuing with further assay results expected shortly. Lion One is also pleased to announce the appointment of its new Vice President Exploration. Mr. Darre...