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Lion One Mobilizing Three Drills for Aggressive 2020 Dry Season Exploration Campaign at Tuvatu, Fiji
North Vancouver, British Columbia--(Newsfile Corp. - April 30, 2020) -   Lion One Metals ...
About this update from Lion One Metals Limited
[{"type":"text","content":"Lion One Mobilizing Three Drills for Aggressive 2020 Dry Season Exploration Campaign at Tuvatu, FijiNorth Vancouver, British Columbia--(Newsfile Corp. - April 30, 2020) -  Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) (\"Lion One\" or the \"Company\") announces that three diamond drill rigs are being mobilized in preparation for the Company's aggressive 2020 dry season exploration campaign at Lion One's 100% controlled, fully permitted Tuvatu Alkaline Gold Project, Fiji. At least 10,000 meters of drilling is planned.Key Points:Three drill rigs to focus on exciting new targets, new potentially mineralized structural zones, and depth extensions of known gold lode mineralization Drill Rig One: this Company-owned rig has been operational throughout the latest seasonal wet season in Fiji, and is currently drill testing down dip extensions at Tuvatu West; 1500m depth capability drilling NQ-sized core Drill Rig Two: this Company-owned rig has been reconditioned and is currently ready for mobilization to the Kingston-Biliwi prospect 2km north of Tuvatu in the newly acquired tenements covering the northern half of the Navilawa caldera; 250m depth capability drilling NQ-sized coreDrill Rig Three: recently purchased rig (anticipated 6-week delivery from South Korea) designated for new targets within the new Navilawa tenements including Banana Creek, a Tuvatu-style target displaying multiple high-grade outcropping lodes; 1500m depth capability drilling NQ-sized coreExciting pipeline of drill targets to further confirm large-scale alkaline gold system within the Navilawa CalderaHigh-resolution subsurface controlled-source audio magnetotelluric (\"CSAMT\") survey data generates detailed interpreted structural network underlying the Navilawa Caldera to depths beyond 1,200mSuch structures are potential pathways for mineralizing fluids that ascended from the underlying magma chamber beneath the Navilawa CalderaPotassium radiometric signature reveals 7km diameter surface footprint of interpreted hydrothermal alteration suggesting potential to expand the mineralized system by multiples above its currently defined limitsLion One CEO Walter Berukoff commented \"We believe that Tuvatu is part of a massive gold system inside the Navilawa Caldera. Results from our recent CSAMT survey reinforce that view. We're excited about our upc...