Lion One Drills 78.71 g/t Gold over 2.0 m, Including 168.25 g/t Gold over 0.9 m at Tuvatu Gold Mine in Fiji
Lion One Drills 78.71 g/t Gold over 2.0 m,
Including 168.25 g/t Gold over 0.9 m at Tuvatu
Gold Mine in Fiji
North Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) -
Lion One Metals Limited
(TSXV: LIO) (OTCQX: LOMLF) (
"Lion One" or the "Company
") is pleased to report significant new
high-grade gold results from 4,180.5 meters of underground infill and grade control drilling at its 100%
owned Tuvatu Alkaline Gold Project in Fiji ("
Tuvatu
"). The drilling is focused on the Zone 5 area of the
mine, down-dip of current mine levels.
All drilling was conducted from near surface underground workings. The Company intersected high-
grade mineralized structures in 24 holes up to 100 m below current underground workings. The primary
target for the drilling was the down-dip extension of the Zone 5 lodes below the current mine levels. Most
of the high-grade drill intercepts are located within 60 m of current underground workings, and include
multiple very high-grade gold assays, such as
267.95 g/t over 0.3 m, 168.25 g/t over 0.9 m, 179.52 g/t
over 0.3 m, 126.49 g/t over 0.5 m, and 175.52 g/t over 0.4 m
. Previous drilling in this part of the mine
has returned similarly high-grade results, including the highest intercept ever recorded at Tuvatu -
2,749.86 g/t over 0.3 m
(see press release dated January 23, 2025). Due to the proximity of these drill
results to existing workings there is a strong probability that these intercepts can be incorporated into the
mine plan in the next six to twelve months.
Highlights of New Drill Results
:
175.43 g/t Au over 0.9 m
(including 267.95 g/t Au over 0.3 m) (TGC-0451, from 89 m depth)
78.71 g/t Au over 2.0 m
(including 168.25 g/t Au over 0.9 m) (TGC-0383, from 69.7 m depth)
29.70 g/t Au over 3.1 m
(including 179.52 g/t Au over 0.3 m) (TGC-0406, from 83.2 m depth)
30.50 g/t Au over 2.7 m
(including 45.78 g/t Au over 0.7 m) (TGC-0424, from 85.9 m depth)
51.35 g/t Au over 1.5 m
(including 126.49 g/t Au over 0.5 m) (TGC-0379, from 89.5 m depth)
56.59 g/t Au over 1.3 m
(including 62.39 g/t Au over 0.9 m) (TGC-0447, from 92 m depth)
175.52 g/t Au over 0.4 m
(TGC-0387, from 67.1 m depth)
52.18 g/t Au over 1.1 m
(including 86.25 g/t Au over 0.5 m) (TGC-0373, from 157.8 m depth)
16.19 g/t Au over 2.2 m
(including 84.47 g/t Au over 0.3 m) (TGC-0414, from 74.9 m depth)
96.48 g/t Au over 0.4 m
(TGC-0383, from 212.5 m depth)
12.83 g/t Au over 2.5 m
(including 69.57 g/t Au over 0.3 m) (TGC-0451, from 99.0 m depth)
8.37 g/t Au over 3.6 m
(including 17.91 g/t Au over 0.7 m) (TGC-0449, from 128.0 m depth)
*Drill intersects are downhole lengths, 3.0 g/t cutoff. True width not known. See Table 1 for additional data.
Figure 1. Location of the Zone 5 drilling reported in this news release.
Left image: Plan view of the
Zone 5 drilling in relation to the mineralized lodes shown in grey, with Tuvatu underground development
shown in red. The yellow dashed square represents the area illustrated in the image on the right. Right
image: Oblique view of the Zone 5 drilling looking NNE. The primary target for the Zone 5 drilling was the
down-dip extension of the Zone 5 lodes up to 100 m below current underground workings.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/269758_8402144d5472b883_001full.jpg
Zone 5 Drilling
The Zone 5 area of Tuvatu is located on the east side of the deposit and includes the principal north-
south and northeast-southwest oriented lode arrays. These lodes are steeply dipping structures that
converge at approximately 500 m depth to form Zone 500, which is believed to be the highest-grade part
of the deposit and is interpreted to be a feeder zone at Tuvatu. The system remains open at depth with
the deepest high-grade (>10 g/t Au) intersects occurring below 1000 m depth.
The drilling reported in this news release targeted the down-dip extension of the Zone 5 lodes below
current mine levels. All the drilling was conducted from one underground drill station and consisted of a
fan of drillholes drilled on 15 m centers that was designed to infill a panel of the deposit approximately
130 m wide and 100 m tall. This area is targeted for mining within the next 6 to 12 months and
represents an additional five levels of mining at Tuvatu.
The drillholes reported in this news release include multiple very high-grade gold assays over narrow
widths, such as 267.95 g/t over 0.3 m, 168.25 g/t over 0.9 m, 179.52 g/t over 0.3 m, 126.49 g/t over 0.5
m, and 175.52 g/t over 0.4 m. These types of intersects are typical at Tuvatu as the deposit consists of
high-grade narrow vein structures. The drillholes reported here were designed to intersect the
mineralized lodes in a perpendicular to sub-perpendicular orientation such that the mineralized intervals
approximate the true width of the mineralization. The purpose of the Zone 5 drill program is to enhance
the mine model and inform stope design in advance of mining the target areas. Highlights of the Zone 5
drilling reported here are shown in Figure 2.
Figure 2. Zone 5 drilling with high-grade intercepts highlighted, 3.0 g/t gold cutoff, section view.
Section view looking northwest with select high-grade intercepts highlighted. The drill holes shown here
primarily targeted the down dip extension of the Zone 5 lodes below current underground workings
shown in red. This area is targeted for mining within the next 6 to 12 months.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/269758_8402144d5472b883_002full.jpg
Figure 3. Zone 5 drilling with high-grade intercepts highlighted, 3.0 g/t gold cutoff, plan view.
Plan view looking down with high-grade intercepts highlighted, underground workings shown in pale
grey.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/269758_8402144d5472b883_003full.jpg
Note on Composite Grades
The drill holes reported in this news release are oriented approximately perpendicular to mineralization.
The reported intercepts therefore approximate the true width of mineralization. The minimum mining
width at Tuvatu is approximately 1.5 m. In reporting drillhole intercepts Lion One uses a grade composite
cut-off of 3 g/t gold with <1 m internal dilution at <3 g/t. Drill hole intervals that are <3 g/t are below cutoff
and are not included in Table 2.
Competent Person's Statement
In accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-
101"), Melvyn Levrel, MAIG, Senior Geologist for Lion One Metals, is the Qualified Person for the
Company and has reviewed and approved the technical and scientific content of this news release.
Lion One Laboratories / QAQC
Lion One adheres to rigorous QAQC procedures above and beyond basic regulatory guidelines in
conducting its drilling, sampling, testing, and analyses. The Company operates its own geochemical
assay laboratory and its own fleet of diamond drill rigs using PQ, HQ and NQ sized drill rods. The Lion
One geochemical laboratory is accredited under the IANZ ISO/IEC 17025:2017 Standard - the
international standard for testing and calibration of laboratories.
Diamond drill core samples are logged by Lion One personnel on site. Exploration diamond drill core is
split by Lion One personnel on site, with half core samples sent for analysis and the other half core
remaining on site. Grade control diamond drill core is whole core assayed. Core samples are delivered
to the Lion One Laboratory for preparation and analysis. All samples are pulverized at the Lion One lab
to 85% passing through 75 microns and gold analysis is carried out using fire assay with an AA finish.
Samples that return grades greater than 10.00 g/t Au are re-analyzed by gravimetric method, which is
considered more accurate for very high-grade samples.
Duplicates of 5% of samples with grades above 0.5 g/t Au are delivered to ALS Global Laboratories in
Australia for check assay determinations using the same methods (Au-AA26 and Au-GRA22 where
applicable). ALS also analyses 33 pathfinder elements by HF-HNO3-HClO4 acid digestion, HCl leach
and ICP-AES (method ME-ICP61). The Lion One lab can test a range of up to 71 elements through
Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES), but currently focuses on a suite
of 29 important pathfinder elements with an aqua regia digest and ICP-OES finish.
About Lion One Metals Limited
Lion One Metals is an emerging Canadian gold producer headquartered in North Vancouver BC, with
new operations established in late 2023 at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The
Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the
Pilot Plant, and the Assay Lab. The Company also has an extensive exploration license covering the
entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration
targets.
On behalf of the Board of Directors,
Walter Berukoff, Chairman & President
Contact Information
Email:
Phone: 1-855-805-1250 (toll free North America)
Website:
www.liononemetals.com
Neither the TSX-V nor its Regulation Service Provider accepts responsibility or the adequacy or
accuracy of this release
This press release may contain statements that may be deemed to be "forward-looking statements"
within the meaning of applicable Canadian securities legislation. All statements, other than
statements of historical fact, included herein are forward-looking information. Generally, forward-
looking information may be identified by the use of forward-looking terminology such as "plans",
"expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words
and phrases, or by the use of words or phrases which state that certain actions, events or results may,
could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals
Limited's current beliefs and is based on information currently available to Lion One Metals Limited
and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include,
but are not limited to, the actual results of exploration projects being equivalent to or better than
estimated results in technical reports, assessment reports, and other geological reports or prior
exploration results. Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity, performance, or achievements of
Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied
by such forward-looking information. Such risks and other factors may include, but are not limited to:
the stage development of Lion One Metals Limited, general business, economic, competitive,
political and social uncertainties; the actual results of current research and development or
operational activities; competition; uncertainty as to patent applications and intellectual property
rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals;
changes in legislation, including environmental legislation, affecting mining, timing and availability of
external financing on acceptable terms; not realizing on the potential benefits of technology;
conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals.
Although Lion One Metals Limited has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated, or intended. Accordingly, readers should
not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake
to update any forward-looking information, except in accordance with applicable securities laws.
Appendix 1: Full Drill Results and Collar Information
Table 1.
Collar coordinates for drillholes reported in this release. Coordinates are in Fiji map grid.
Hole ID
Easting
Northing
Elevation
Azimuth
Dip
Depth
TGC-0346
1876384
3920429
94
104.8
-16.9
102.2
TGC-0349
1876384
3920429
94
110.9
-15.3
86.9
TGC-0352
1876384
3920428
94
117.7
-15.6
80.5
TGC-0354
1876384
3920428
94
126.1
-15.0
80.5
TGC-0356
1876384
3920427
94
134.4
-14.3
101.4
TGC-0358
1876384
3920428
94
122.1
-23.9
95.5
TGC-0361
1876385
3920426
94
142.9
-4.5
350.1
TGC-0373
1876384
3920427
93
114.6
-42.0
230.5
TGC-0375
1876384
3920428
93
95.3
-42.8
181.3
TGC-0377
1876384
3920429
94
80.7
-17.5
140.4
TGC-0379
1876384
3920429
93
79.2
-37.7
170.8
TGC-0383
1876384
3920428
94
78.9
-11.3
242.1
TGC-0387
1876384
3920429
94
78.5
-25.1
146.7
TGC-0406
1876384
3920429
94
78.6
-32.6
200.2
TGC-0409
1876384
3920429
94
71.8
-21.0
175.8
TGC-0414
1876384
3920428
94
99.0
-36.2
131.2
TGC-0416
1876384
3920428
94
95.1
-17.0
167.5
TGC-0419
1876384
3920429
93
75.8
-45.1
205.5
TGC-0421
1876384
3920429
93
71.3
-32.0
11.3
TGC-0423
1876384
3920429
94
69.4
-32.0
11.5
TGC-0424
1876384
3920429
94
71.0
-32.1
191.3
TGC-0434
1876384
3920429
93
70.5
-38.0
161.5
TGC-0438
1876383
3920425
96
164.3
16.5
9.0
TGC-0440
1876384
3920425
97
164.4
22.0
12.6
TGC-0441
1876383
3920425
96
165.3
22.7
131.1
TGC-0445
1876384
3920434
94
60.3
-14.7
155.6
TGC-0447
1876384
3920433
94
67.2
-26.8
140.0
TGC-0449
1876384
3920433
93
67.7
-40.7
191.1
TGC-0451
1876384
3920433
94
67.9
-32.3
162.0
TGC-0456
1876384
3920434
93
55.9
-30.9
114.4
Table 2
. Composite intervals from drillholes reported in this news release (composite grade >3.0 g/t Au,
with <1 m internal dilution at <3.0 g/t Au).
Hole ID
From (m)
To (m)
Width (m)
Au (g/t)
TGC-0346
51.2
51.8
0.6
14.79
77.4
78.4
1.1
5.25
TGC-0349
53.7
55.3
1.6
5.28
including
53.0
53.7
0.7
0.03
and
53.7
54.1
0.4
7.99
and
54.1
54.5
0.4
10.25
and
54.5
55.0
0.5
0.06
and
55.0
55.3
0.3
3.76
TGC-0352
60.8
62.5
1.7
10.80
including
60.8
61.1
0.3
25.27
and
61.1
61.4
0.3
1.54
and
61.4
61.7
0.3
17.89
and
61.7
62.5
0.8
6.18
TGC-0356
63.8
64.3
0.5
3.40
65.7
66.5
0.8
7.13
including
65.7
66.2
0.5
5.25
and
66.2
66.5
0.3
10.25
TGC-0358
65.4
65.7
0.3
5.78
TGC-0361
63.2
64.8
1.6
7.22
including
63.2
64.2
1.0
5.02
and
64.2
64.5
0.3
1.86
and
64.5
64.8
0.3
19.89
66.4
66.7
0.3
4.60
69.4
69.9
0.5
36.03
84.9
85.2
0.3
33.59
192.6
193.2
0.6
3.40
287.4
287.8
0.4
3.28
TGC-0373
86.5
87.4
0.9
6.39
including
86.5
87.0
0.5
6.40
and
87.0
87.4
0.4
6.38
90.9
91.2
0.3
4.66
127.9
128.3
0.4
5.64
157.8
158.9
1.1
52.18
including
157.8
158.4
0.6
23.79
and
158.4
158.9
0.5
86.25
194.2
194.7
0.5
6.61
TGC-0375
97.7
98.1
0.4
24.36
111.5
112.9
1.4
6.33
including
111.5
111.9
0.4
3.12
and
111.9
112.4
0.5
0.04
and
112.4
112.9
0.5
15.20
115.3
116.8
1.5
9.13
including
115.3
115.7
0.4
29.58
and
115.7
116.5
0.8
0.99
and
116.5
116.8
0.3
3.55
120.4
121.5
1.1
13.22
including
120.4
121.1
0.7
3.39
and
121.1
121.5
0.4
30.43
154.8
155.2
0.4
47.05
159.1
159.9
0.8
5.54
including
159.1
159.6
0.5
3.38
and
159.6
159.9
0.3
9.14
172.2
172.5
0.3
4.44
TGC-0377
47.7
48.0
0.3
6.82
57.7
59.9
2.2
3.25
including
57.7
58.0
0.3
5.56
and
58.0
58.5
0.5
3.00
and
58.5
58.8
0.4
3.50
and
58.8
59.2
0.4
2.13
and
59.2
59.5
0.3
1.91
and
59.5
59.9
0.4
3.62
65.1
65.4
0.3
13.36
66.4
67.2
0.8
5.70
including
66.4
66.9
0.5
7.12
and
66.9
67.2
0.3
3.57
92.7
93.1
0.4
5.03
125.5
125.8
0.3
7.28
140.1
140.4
0.3
14.59
TGC-0379
61.3
62.0
0.7
4.13
76.0
76.4
0.4
16.87
89.5
91.0
1.5
51.35
including
89.5
90.0
0.5
126.49
and
90.0
90.6
0.6
8.59
and
90.6
91.0
0.4
21.55
153.2
153.6
0.4
5.63
TGC-0383
46.3
46.7
0.4
31.47
51.6
53.1
1.5
3.39
including
51.6
51.9
0.3
4.24
and
51.9
53.1
1.2
3.15
63.7
64.0
0.3
67.84
69.7
71.7
2.0
78.71
including
69.7
70.6
0.9
168.25
and
70.6
71.1
0.5
0.67
and
71.1
71.4
0.3
18.46
and
71.4
71.7
0.3
9.77
96.3
96.6
0.3
20.28
102.2
102.5
0.3
3.41
122.0
122.3
0.3
3.75
212.5
212.9
0.4
96.48
TGC-0387
67.1
67.5
0.4
175.52
72.7
75.2
2.6
10.72
including
72.7
73.1
0.5
3.08
and
73.1
73.7
0.6
18.37
and
73.7
74.1
0.4
1.18
and
74.1
74.4
0.3
12.42
and
74.4
74.9
0.5
4.05
and
74.9
75.2
0.3
28.97
89.9
90.6
0.7
14.95
including
89.9
90.3
0.4
13.42
and
90.3
90.6
0.3
16.99
92.3
93.3
1.0
7.22
including
92.3
92.7
0.4
10.78
and
92.7
93.3
0.6
4.84
104.5
105.0
0.5
9.01
107.8
108.4
0.6
4.69
115.0
115.7
0.7
8.68
TGC-0406
72.3
72.6
0.3
5.90
83.2
86.3
3.1
29.70
including
83.2
83.6
0.4
34.63
and
83.6
83.9
0.3
23.01
and
83.9
84.2
0.3
21.97
and
84.2
84.9
0.7
2.95
and
84.9
85.2
0.3
4.29
and
85.2
85.5
0.3
8.32
and
85.5
85.8
0.3
179.52
and
85.8
86.3
0.5
9.99
153.5
153.8
0.3
3.61
TGC-0409
74.9
75.5
0.6
12.37
78.3
78.8
0.5
4.00
90.8
92.6
1.8
6.22
including
90.8
91.4
0.6
9.23
and
91.4
92.0
0.6
0.46
and
92.0
92.6
0.6
8.97
112.0
112.7
0.7
14.28
TGC-0414
70.4
71.9
1.5
9.76
including
70.4
71.0
0.6
18.87
and
71.0
71.5
0.5
2.46
and
71.5
71.9
0.4
5.22
74.9
77.0
2.2
16.19
including
74.9
75.3
0.4
4.60
and
75.3
75.6
0.3
84.47
and
75.6
75.9
0.3
3.14
and
75.9
76.4
0.5
4.23
and
76.4
77.0
0.7
7.03
81.4
84.0
2.6
4.65