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TICKERS: LIO; LOMLF

Gold Firm Inaugurates New Assay Laboratory in Fiji
News Update

Source:

The facility will support the company's existing gold project there and its exploration efforts nearby.

Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it began commissioning its newly constructed geochemical assay and metallurgical laboratory at its headquarters on the island of Viti Levu in Fiji. The facility is only 1 kilometer away from the Nadi International Airport.

The Canadian exploration and development company will use the lab in its exploration, resource definition and development activities at both its Tuvutu gold project and in its surrounding concessions in the Navilawa Caldera.

The center is equipped for conducting gold analysis through fire assays with atomic absorption spectrometry finish, geochemical testing and assaying of various other elements via inductively coupled plasma optical emission spectrometry and metallurgical optimization test work, including flotation and leaching. When fully operational, the lab will be able to process 400 samples a day.

Because Fiji lacks a commercial lab for geochemical and metallurgical analysis, Lion One intends to get its new facility internationally certified for commercial operations to serve other local industries.

Lion One is planning a grand opening celebration for its new lab.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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