Lion One Metals Limited · TSXV:LIO
Lion One Metals — Roundup Conference 2022
28 slides from Lion One Metals's conference presentation, February 2022
Slide 1: Roundup Conference – February 2022
ROUNDUP CONFERENCE – FEBRUARY 2022
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 DONALD SMITH VALUE FUND (12.09%) Shares Outstanding 156,371,893 FRANKLIN PRECIOUS METALS (9.58%) INVESCO GOLD FUND (5.33%) Options 8,880,000 RBC GLOBAL PRECIOUS METALS CI PRECIOUS METALS Broker Warrants 1,303,010 AEGIS VALUE FUND GABELLI GOLD FUND Warrants 0 MACKENZIE PRECIOUS METALS
Slide 4: Walter Berukoff Chairman & CEO
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: 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
ALKALINE GOLD SYSTEMS In the South Pacific Small in Number but Economically Significant Unusually Large, Unusually High Grade 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 8 www.lionone
Slide 9: Gold grades 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: TSX-V: LIO OTCQX: LOMLF www.liononemetals.com
SBB Source: TSX-V: LIO OTCQX: LOMLF 10 www.liononemetals.com
Slide 11: 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 3. REGIONAL TARGETS caldera TSX-V: LIO OTCQX: LOMLF 11 www.liononemetals.com
Slide 12: Current Resource
West zone decline Current Resource (3.0 g/t cutoff) 274,600 oz. indicated @ 8.48 g/t Au 384,000 oz. inferred @ 9.00 g/t Au 500 zone TSX-V: LIO OTCQX: LOMLF 12 www.liononemetals.com
Slide 13: Zone 2
West zone Zone 2 decline Drill hole traces represent all drilling completed since last resource update: ~37,000m 500 zone TSX-V: LIO OTCQX: LOMLF 13 www.liononemetals.com
Slide 14: Zone infill drilling and resampling
URW1 lode Murau and decline Snake lodes Zone 2 infill drilling and resampling program totals 8,000m, ~85% completed TSX-V: LIO OTCQX: LOMLF 14 www.liononemetals.com
Slide 15: Zone 2 intercepts
URW1 lode 1616 g/t Au TUDDH565 500 zone 1616 g/t Au TUDDH565 Zone 2 infill drilling showing all intercepts =>10 g/t Au Murau and Snake lodes decline TSX-V: LIO OTCQX: LOMLF 15 www.liononemetals.com
Slide 16: 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 16 www.liononemetals.com
Slide 17: Zone infill drilling and resampling
Zone 5 Zone 2 Zone 5 infill drilling and decline resampling program, 7500m planned 500 zone TSX-V: LIO OTCQX: LOMLF 17 www.liononemetals.com
Slide 18: Longitudinal section
Longitudinal section 15.4 gpt 50m thick showing 12.3 gpt intercepts =>10 g/t Au 38.0/1.10 14.1 gpt 52.1 gpt 4.4/5.2, 7.9/3.9, 87.8/1.5 114.1/0.3 17.2/2.15 550m 35.3/2.0 24.9/3.7 55.4/2.3 55.0/12.7 80.9/3.3 5.8/5.2 19.8/2.0 33.4/3.9 10.5/0.3 17.4/1.5, 20.7/3.5 46.8/0.6; 33.1/0.6 750m 5.32/5.4 ? 950m
Slide 19: 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, 500 Zone drilling to date (3 g/t cutoff) 87.8/1.5 114.1/0.3 17.2/2.15 35.3/2.0 • 150m x 250m and average width of 24.9/3.7 55.4/2.3 2.6m 55.0/12.7 80.9/3.3 5.8/5.2 • average grade of 24.7 g/t Au ! 33.4/3.9 19.8/2.0 10.5/0.3 • represents
Slide 20: 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, 500 Zone drilling to date (3 g/t cutoff) 87.8/1.5 114.1/0.3 17.2/2.15 35.3/2.0 • 150m x 250m and average width of 24.9/3.7 55.4/2.3 2.6m 55.0/12.7 80.9/3.3 5.8/5.2 • average grade of 24.7 g/t Au ! 33.4/3.9 19.8/2.0 10.5/0.3 • represents
Slide 21: DDH 500, DDH 533, DDH 544W2
DDH 500 DDH 533 DDH 544W2 DDH 500 55.43 g/t Au over 12.7m DDH 533 55.44 g/t Au over 2.30m DDH 544W2 33.40 g/t Au from 571.0m from 575.7m over 3.90m from 629.3m TSX-V: LIO OTCQX: LOMLF 21 www.liononemetals.com
Slide 22: Alkaline Au deposits and vertical continuity
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 1080 m All intercepts =>10 g/t Au 250m of untested high-grade feeder, and beyo
Slide 23: TSX-V: LIO OTCQX: LOMLF www.liononemetals.com
decline All intercepts =>30 g/t Au TSX-V: LIO OTCQX: LOMLF 23 www.liononemetals.com
Slide 24: Other possible feeders?
decline All intercepts =>10 g/t Au other possible feeders? 500 zone TSX-V: LIO OTCQX: LOMLF 24 www.liononemetals.com
Slide 25: Navilawa Caldera
NAVILAWA CALDERA ANOMALOUS 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 LICENSE AREA KINGSTON FROM ROCK CHIPS FROM ROCK CHIPS TUVATU Curr
Slide 26: Mining Process Plant Infrastructure
Mining Process Plant Lion One is negotiating a contract mining agreement with Lion One has given notice to proceed for an international mining company with extensive Asia- detailed engineering and procurement of Pacific contract mining experience. Much of the the process plant. The process design is
Slide 27: Source
Source: @MinerDeck TSX-V: LIO OTCQX: LOMLF 27 www.liononemetals.com
Slide 28: 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 www.liononemetals.com