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Robust Structural Network Discovered Underlying Lion One's Tuvatu Alkaline Gold Project
North Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Lion One Metals Limi...
About this update from Lion One Metals Limited
[{"type":"text","content":"Robust Structural Network Discovered Underlying Lion One's Tuvatu Alkaline Gold ProjectNorth Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) (\"Lion One\" or the \"Company\") is pleased to announce that a robust structural network has been revealed at the Company's 100% owned and fully permitted Tuvatu Alkaline Gold Project in Fiji. Controlled source audio magnetotelluric (\"CSAMT\") surveys conducted in late 2019 clearly show structural controls of known lode systems and reveal numerous new untested targets. HighlightsCSAMT reveals a deep-rooted, E-dipping structural corridor controls the N-S striking Tuvatu lode system opening up potential for drill expansion of these lodes beyond 1 km depth and helping focus the search for a feeder. At least three untested structural corridors identified west of the Tuvatu lode system and two to the east, all similarly deep-rooted like the Tuvatu lode system. Like the Tuvatu lode system, the less explored, E-W striking West Tuvatu lode system is clearly controlled by a deep-rooted, S-dipping structural corridor opening up potential for drill expansion of these lodes beyond 1 km depth.· The structural intersection of the N-S-oriented Tuvatu lode system and E-W-oriented West Tuvatu lode system creates a robust drill target. Deep-rooted structural corridors revealed elsewhere under the Navilawa caldera such as at Banana Creek where a major structural intersection underlies an area displaying strong gold geochemical anomalism.\"As hoped, our recent CSAMT results have provided a detailed picture of the underlying structural architecture of the Tuvatu alkaline gold system,\" commented Dr. Quinton Hennigh, technical advisor to Lion One. \"We can readily see evidence of structures we think were critical conduits for gold-bearing fluids during time of mineralization. This has generated a multitude of new drill targets. In the vicinity of the Tuvatu deposit, we can discern structures that will allow us to better plan holes in search of feeders at depth, we readily see new structural zones that have yet to be drill tested, we see structural intersections that may have served to localized mineralization, and importantly, we see many new untested structures elsewhere within the Navilawa caldera. In short, we now have a l...