Lion One Metals Limited · TSXV:LIO
Lion One Metals — Investor Presentation (April 2022)
21 slides from Lion One Metals's investor presentation, April 2022
Slide 1: Permitted to Produce Fiji's Next High Grade Gold Mine
KILION ONE * “PERMITTED TO PRODUCE FIJI'S NEXT HIGH GRADE GOLD MINE ~— oS j etd $ = Ya rn é a APRIL 2022 Lio BES
Slide 2: Disclaimer
DISCLAIMER Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results The information provided in this presentation is not intended to be a to differ from those expressed or implied by the forward-looking
Slide 3: Major Investors
MAJOR INVESTORS FRANKLIN PRECIOUS METALS (9.58%) DONALD SMITH VALUE FUND (7.51%) Shares Outstanding 156,371,893 INVESCO GOLD FUND (4.82%) RBC GLOBAL PRECIOUS METALS Options 8,580,000 CI PRECIOUS METALS AEGIS VALUE FUND Broker Warrants 1,303,010 GABELLI GOLD FUND MACKENZIE PRECIOUS METALS Warrants 0
Slide 4: Directors, Management and Track Record
Walter Berukoff Chairman & CEO DIRECTORS RICHARD MELI CA., EX-RIO TINTO, LA MANCHA COMPANY BUILDER TRACK RECORD KEVIN PUIL CFA RIVI ADVISORS DAVID TRETBAR PGEO SUMMIT USA (SUMITOMO) Northern Orion sold to Yamana in 2007 for $1.1B Miramar Mining sold to Newmont in 2008 for $1.5B La Mancha sold in 201
Slide 5: Lion One Fiji Team
Patrick Hickey Kevin Li Chief Operating Officer Project Manager Engineer, mine builder, Ex Engineer – Formerly Fluor, SNC Newmont/Kinross Lavalin, Saskpower, Pretium Lion One Fiji Team Over 200 years combined experience in underground mining, geology, drilling, and mineral exploration TSX-V: LIO OTC
Slide 6: Exploration Team and 6 Drill Rigs
Sergio Cattalani Senior VP, Exploration Will Ostrenga, P.Geo Quinton Hennigh, P.Geo Economic geologist, Economic geologist, Economic geologist, Ex-Osisko Mining, Inco-CVRD, Ex-Sumitomo, Novo Resources Ex-Newmont, Novo Resources Equinox Gold ASSAY LAB 6 DRILL RIGS TSX-V: LIO OTCQX: LOMLF 6 www.lionon
Slide 7: Viti Levu, Fiji
Fiji Islands situated along the Pacific Ring of Fire Project located 40km SW of Vatukoula Gold Mine LIHIR, PNG VATUKOULA PORGERA, PNG VATUKOULA, FIJI PORT OF VITI LEVU, FIJI LAUTOKA WORLD CLASS ALKALINE GOLD SYSTEMS 75 MILLION OZ. TUVATU GOLD PRODUCTION NADI AIRPORT TSX-V: LIO OTCQX: LOMLF 7 www.lio
Slide 8: Alkaline Gold Systems in the South Pacific
ALKALINE GOLD SYSTEMS In the South Pacific Small in Number but Economically Significant Unusually Large, Unusually High Grade Tuvatu Tuvatu modified from Jensen, E.P. and Barton, M.D. 2000 Gold Deposits Related to Alkaline Magmatism, SEG Reviews, v. 13, Chapter 8, pp. 279-314 TSX-V: LIO OTCQX: LOMLF
Slide 9: High-Grade Rock Chip Results and Current Resource
100 g/t Au 46 g/t Au KINGSTON BANANA CREEK FROM ROCK CHIPS FROM ROCK CHIPS 293 g/t Au 54 g/t Au NUBUNIDIKE MATANAVATU FROM ROCK CHIPS FROM ROCK CHIPS TUVATU 502 g/t Au 101 g/t Au Current Resource (3.0 g/t cutoff) JOMAKI URA CREEK 274,600 oz. indicated @ 8.48 g/t Au FROM ROCK CHIPS FROM ROCK CHIPS 38
Slide 10: Exploration Strategy
EXPLORATION LICENSE LOCATED 40KM SW OF MINING LEASE VATUKOULA WITH 11M OZ MINERAL INVENTORY EXPLORATION STRATEGY 1. RESOURCE EXPANSION 2. DEPTH EXTENSIONS Navilawa caldera 3. REGIONAL TARGETS TSX-V: LIO OTCQX: LOMLF 10 www.liononemetals.com
Slide 11: Infill Drilling Programs
Zone 2 infill drilling and resampling program, Zone 5 ~8400m, completed Zone 5 infill drilling and resampling program, 7500m planned Zone 2 decline 500 zone TSX-V: LIO OTCQX: LOMLF 11 www.liononemetals.com
Slide 12: Zone Infill Drilling Intercepts
1616 g/t Au TUDDH565 decline Murau and Snake lodes Zone 2 infill drilling showing all intercepts =>10 g/t Au TSX-V: LIO OTCQX: LOMLF 12 www.liononemetals.com
Slide 13: Vertical Continuity of Mineralization
Alkaline Au deposits are known to exhibit remarkable vertical continuity of mineralization, up decline to >1200m vertically e.g. Cripple Creek, CO; Vatukoula, Fiji. Vertical extent of mineralization at Tuvatu is currently 1140 m All intercepts =>10 g/t Au 350m of largely untested high-grade feeder T
Slide 14: 500 Zone Drilling to Date
15.4 gpt 12.3 gpt 14.1 gpt 38.0/1.10 52.1 gpt 4.4/5.2, 7.9/3.9, 87.8/1.5 500 Zone drilling to date 17.2/2.15 114.1/0.3 550m 35.3/2.0 24.9/3.7 • 150m x 250m over a ~90m thickness VG 55.4/2.3 • using a 3 g/t cutoff, average grade of 23.1/3.0 55.0/12.7 80.9/3.3 12.5 gpt 5.8/5.2 all composited intervals
Slide 15: Deep Drill Intercepts DDH 500, 533, 544W2
DDH 500 DDH 533 DDH 544W2 DDH 544W2 33.40 g/t Au over 3.90m from 629.3m DDH 500 55.43 g/t Au over 12.7m DDH 533 55.44 g/t Au over 2.30m DDH 494 re- from 571.0m from 575.7m entry 1106m TSX-V: LIO OTCQX: LOMLF 15 www.liononemetals.com
Slide 16: Drill Targets
decline All intercepts =>10 g/t Au other possible feeders? DRILL TARGETS 500 zone TSX-V: LIO OTCQX: LOMLF 16 www.liononemetals.com
Slide 17: Navilawa Caldera
NAVILAWA CALDERA HIGH GRADE GOLD ACROSS 7KM WIDE 46 g/t Au NAVILAWA CALDERA 20 g/t Au BANANA CREEK FROM ROCK CHIPS CENTRAL RIDGE FROM ROCK CHIPS DRILLED RESOURCE AREA 54 g/t Au COVERS LESS THAN 5% OF HI 100 g/t Au MATANAVATU KINGSTON FROM ROCK CHIPS LICENSE AREA FROM ROCK CHIPS TUVATU Current Resour
Slide 18: Permits in Place for Underground Mining Operations
PERMITS ARE IN PLACE FOR UNDERGROUND MINING OPERATIONS DEVELOPMENT OF NO. 2 UNDERGROUND ACCESS PORTAL UNDERWAY MOBILE MINING EQUIPMENT FLEET HAS BEEN PURCHASED OR DELIVERED EXPECTED UG DEV RATE OF 2M/DAY TSX-V: LIO OTCQX: LOMLF 18 www.liononemetals.com
Slide 19: Detailed Engineering & Procurement Underway
DETAILED ENGINEERING & PROCUREMENT UNDERWAY DESIGN PROCESS COMPLETED FOR SCALABLE MILL FACILITY INSTALLATION & INITIAL PRODUCTION PLANNED FOR Q3 & Q4 2023 TSX-V: LIO OTCQX: LOMLF 19 www.liononemetals.com
Slide 20: Minesite Infrastructure and ERP Systems Implementation
MINESITE INFRASTRUCTURE Plant SIte Contracts are complete or in final negotiation for all infrastructure including: 1. Offices 2. Water supply and waste-water treatment. 3. Power 4. Tailings 5. Mine Explosives Magazine 6. Communications including fiber-optic access Exploration Base Camp (obscured) B
Slide 21: Lion One Metals Limited
LION ONE METALS LIMITED 306-267 WEST ESPLANADE NORTH VANCOUVER BC V7M 1A5 CANADA Investor Relations Tel: 604-998-1250 Fax: 604-998-1253 Toll Free: 1-855-805-1250 email: info @ liononemetals.com www.liononemetals.com TSX-V: LIO OTCQX: LOMLF 21 www.liononemetals.com