Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Explorer Encounters Network of Gold Veins at Fiji Project
News Update

Share on Stocktwits


Lion One Metals is exploring the hypothesis that lodes it uncovered "connect to form a possible feeder structure."

Gold veining on hole TUDDH500

Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release that it encountered significant gold mineralization at its Tuvatu project in Fiji through one of its diamond drill holes.

Hole TUDDH500 intercepted the mineralization in a network of veins, each of which was between a few millimeters and 2 centimeters wide, beginning at about 570 meters (570m) downhole. Some of the veins showed "coarse clots of visible gold, particularly those at a depth of approximately 583 meters," the release described.

The hole was drilled down to the Tuvatu lode network where it is believed the lodes connect to form a feeder structure. The Canadian explorer will keep drilling TUDDH500 down past the whole feeder target to an estimated 1,000 meters.

The company stated that it is also now logging drilled core.


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.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Lion One. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.

Want to read more about Gold investment ideas?
Get Our Streetwise Reports Resources Report Newsletter Free and be the first to know!

A valid email address is required to subscribe