Lion One Metals Limited · TSXV:LIO
Lion One Metals — Investor Presentation (January 2022)
17 slides from Lion One Metals's investor presentation, January 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 . a JANUARY 2022 io aS
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS 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 imp
Slide 3: Investment Profile
INVESTMENT PROFILE INVESTORS & FUNDS DONALD SMITH VALUE FUND (12.09%) Shares Outstanding 156,371,893 FRANKLIN PRECIOUS METALS (9.58%) Options 9,480,000 INVESCO GOLD FUND (4.84%) REGAL FUNDS MANAGEMENT Broker Warrants 1,303,010 RBC GLOBAL PRECIOUS METALS AEGIS VALUE FUND Warrants 0 GABELLI GOLD FUND
Slide 4: Leadership
LEADERSHIP 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
Slide 5: Mining Division
MINING DIVISION 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 exploratio
Slide 6: Exploration Division
EXPLORATION DIVISION 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 OTCQ
Slide 7: Alkaline Gold Systems
ALKALINE GOLD SYSTEMS PAPUA NEW GUINEA ASSOCIATED WITH DEEP CRUSTAL ALKALINE MAGMAS LIHIR UNIQUE GEOCHEMISTRY / DEEP VERTICAL PROFILES VALUED FOR HIGH GRADES AND LARGE ENDOWMENTS PORGERA PORGERA, PNG LIHIR, PNG VATUKOULA VATUKOULA oz. Au oz. Au oz. Au 1990 1997 1934 FIJI ISLANDS ALL THREE GOLD SYSTE
Slide 8: The Tuvatu Project
THE TUVATU PROJECT EXPLORATION LICENSE LOCATED 40KM FROM VATUKOULA MINING LEASE +7M OZ HISTORIC PRODUCTION FROM 11M OZ MINERAL INVENTORY EXPLORATION STRATEGY 1. RESOURCE EXPANSION/UPGRADE 2. DEPTH EXTENSIONS 3. REGIONAL TARGETS CONFIRMING EVIDENCE FOR ANOTHER MULTI-M OZ GOLD SYSTEM IN FIJI TSX-V: LI
Slide 9: 1. Resource Expansion
1. RESOURCE EXPANSION 12m@ 10.16 gtau | | inc 0.3 m @ 39.33 g/t Au My 7.5m @ 20.61 git Au inc 0.3m @ 227.3 gtAu | 12m@1435gitau |_| inc 0.3 m @ 32.85 git Au $2 50 meters o——_—_* Looking North Monzonite = Lodes 2.4m @ 33.52 g/t Au i inc 0.4 m @ 185.60 git A dj TUDDH-550, 551, 555, sy x wl 556, 557, 5
Slide 10: 1. Resource Expansion
1. RESOURCE EXPANSION NEAR SURFACE DRILLING AT TUVATU 2.07m @ 8.22 ONGOING NEAR-SURFACE INFILL DRILL PROGRAM 0.8m @ g/t Au UPGRADING RESOURCE FOR STARTER MINE Inc 1.2 m @ 1.24 g/t Au 13.74 g/t Au 8,000M PROPOSED, ~73% COMPLETE (5,816m) NOTABLE RECENT INTERCEPTS INCLUDE: 4.27m @ 3.72 g/t Au Adit 20.6
Slide 11: 2. Depth Extensions
2. DEPTH EXTENSIONS 2020 TESTING OF DEEP TARGETS RETURNED: DDH 500: 55 g/t Au over 12.7m from 571.0m DDH 500w1: 85.7 g/t over 3.3m from 591.0m DDH 500w2: 7.32 g/t Au over 6.5m from 674.0m 5.32 g/t Au over 5.4m from 750.0m RECENT RESULTS INCLUDE: DDH 533: 55.44 g/t Au over 2.3m from 575.5m TUG 135: 2
Slide 12: 2. Depth Extensions
2. DEPTH EXTENSIONS SW NE indicated decline inferred Next slide 300m grid open Longitudinal Section of 500 Zone 500 Zone and block model open Looking N330° 12 Section 50m thick open TSX-V: LIO OTCQX: LOMLF 12 www.liononemetals.com
Slide 13: 2. Deep Drilling 500 Zone
2. DEEP DRILLING 500 ZONE Looking N330° 7.12 TUG 110 0.40 TUG-136, results pending DDH 212 38.0 1.10 24.92 17.2 3.70 2.15 114.1 55.44 0.30 2.30 55.43 12.7 35.7 DDH 544-W2 3.30 33.40 DDH 544-W1, 46.8/0.6; 33.1/0.6 3.90 7.32 20.7 6.50 3.47 100m grid 5.32 5.40 g/t Au Longitudinal Section of 500 Zone TS
Slide 14: Deep Feeder Structures
DEEP FEEDER STRUCTURES 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 14 www.liononemetals.com
Slide 15: 3. Regional Targets
3. REGIONAL TARGETS 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 KINGSTON FROM ROCK CHIPS LICENSE AREA FROM RO
Slide 16: Development Plans
DEVELOPMENT PLANS STARTER MINE & PILOT PLANT INITIAL PRODUTION RATE OF 300-500 TPD 3 YR PRODUCTION OF 300KT @ 8-10 G/T PRIORITY 1 IN OUR CURRENT STRATEGY IS DESIGNED TO MAXIMIZE THE SUCCESS OF THIS STARTER PRODUCTION PHASE While instructive as to the size and scale of project that the Tuvatu resourc
Slide 17: 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
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