Business
Lion One Provides Development Update for Its Tuvatu Gold Project in Fiji
North Vancouver, British Columbia--(Newsfile Corp. - March 5, 2018) - Lion One Metals Limite...
About this update from Lion One Metals Limited
[{"type":"text","content":"Lion One Provides Development Update for Its Tuvatu Gold Project in FijiNorth Vancouver, British Columbia--(Newsfile Corp. - March 5, 2018) - Lion One Metals Limited (TSXV: LIO) (ASX: LLO) (OTCQX: LOMLF) (FSX: LY1) (the \"Company\") is pleased to provide the following development update on engineering and construction activities at its 100% owned and fully permitted high grade Tuvatu Gold Project, located on the island of Viti Levu in the Republic of Fiji. Bulk earthworks are progressing in all plant site areas. Clearing and grubbing are substantially complete. Two rock crushing plants are now in operation for the production of gabion wall rock and engineered fill for construction of the plant facility platforms. Construction of the Company's assay laboratory commences this month in Nadi. All long lead laboratory equipment have been purchased. The local assay lab will expedite turnaround times for both exploration and grade control assays. Detail engineering continues on the process plant, infrastructure and tailings storage facility. Design of two new bridge crossings over major creeks near Tuvatu is now complete with bridge construction to begin immediately after abatement of wet season high water flows. The Company continues metallurgical test work on high pH leach pretreatment methods to improve gold recovery. The Company is nearing contract awards for its prime mining contractor, equipment suppliers, and EPC contractor. The Company plans to use both new and refurbished equipment for underground mining. The mining equipment fleet will include single and twin-boom jumbos, load/haul/dump vehicles, haul trucks, a grader, and personnel carriers. A new senior mining engineer will be appointed shortly for ongoing mine planning, design and mining contractor management. He will be responsible for mining and stockpiling ahead of process plant construction.Lion One's Chief Development Officer Ian Chang stated, \"We're aggressively advancing to production and have progressed significantly in recent months on preparation of the mill site and infrastructure. We remain focused on delivering Fiji's next high grade underground gold mining operation while continuing to qualify the upside of Tuvatu's district scale exploration opportunity\"Qualified PersonIan Chang, M.A.Sc., P. Eng., Lion One's Chief Development Officer, is the Qualified Pers...