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Lion One Intersects 13.52 g/t Gold over 9.07 Meters at Tuvatu
North Vancouver, British Columbia--(Newsfile Corp. - February 14, 2017) - Lion One Metals Lim...
About this update from Lion One Metals Limited
[{"type":"text","content":"\nLion One Intersects 13.52 g/t Gold over 9.07 Meters at TuvatuNorth Vancouver, British Columbia--(Newsfile Corp. - February 14, 2017) - Lion One Metals Limited (TSXV: LIO) (ASX: LLO) (OTCQX: LOMLF) (FSE: LY1) (the \"Company\") is pleased to announce further results from its ongoing drilling program at its 100% owned and fully permitted Tuvatu Gold Project located near Nadi on the island of Viti Levu in the Republic of Fiji. The Company has received results for the first diamond drill hole completed in its 2017 drill program, focused on infilling and extending mineralized lodes targeted for the first two years of planned development and production at Tuvatu. TUDDH 419 targeted a series of relatively flat lying \"SKL\" lodes from 71.36 to 103.64 meters, and also intersected a near surface, high grade interval of 13.52 g/t gold over 9.07 meters from 32.83 to 41.90 meters. Further drilling is planned to follow up these intersections.\"These results confirm the high grades of the lodes targeted for development and highlight the potential for wider zones of mineralization\" said Lion One Managing Director Stephen Mann.     Today's results complement the results reported on Nov. 23 and Dec. 21, 2016 which included:8.41m @ 71.41 g/t Au from TUDDH 406 4.05m @ 12.32 g/t Au from TUDDH 407 2.55m @ 13.95 g/t Au from TUDDH 408 3.92m @ 12.54 g/t Au from TUDDH 409 2.42m @ 24.07 g/t Au from TUDDH 410 1.39m @ 16.06 g/t Au from TUDDH 412Highlights of TUDDH 419 are summarized as follows: Tuvatu Drilling Results February 2017Hole IDNERLAzimuthDipDepth mTUDDH 4193920833.941876473.9724018085125.9 From (m)To (m)Interval (m)Grade (g/t Au)32.8341.90 9.07*13.52includes 5.5721.0471.3672.801.4419.65 83.6685.782.1214.28101.49103.642.153.65 * True widths of the drill hole intersection have not been determined from the information availableDewateringThe Company recommenced dewatering of the existing exploration decline in early January, and is refurbishing the decline as dewatering progresses. Except for the limited slippage in the Core Shed Fault zone 140m from the decline entrance, ground conditions in the decline are generally very good. Drill cuddies have been prepared and ventilation fans have been installed in preparation for further diamond drilling from underground to complement the drilling from the surface. Geotech...