Lion One Metals reports significant high-grade gold results

Lion One Metals Limited (ASX: $LLO) has reported significant new high-grade gold results from near-mine expansion drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The assay results include near-mine expansion drilling in the Murau down-dip extension and SKL areas of Tuvatu, both of which are outside the current mine plan but are being brought into the mine plan for late 2024 and 2025.

Executive Commentary on Near-Mine Expansion Drilling Results

The Murau down-dip extension drilling represents an expansion of the Murau lode system in Zone 2, which is set to enter production in CY Q3 2024. The SKL area, one of Lion One's priority resource expansion targets, has also shown high-grade results. The company is pleased with the progress and remains committed to further exploration and development in the Tuvatu Alkaline Gold Project.

Summary of Near-Mine Expansion Drilling Results

Lion One Metals' near-mine expansion drilling at the Tuvatu Alkaline Gold Project has yielded significant high-grade gold results, with both the Murau down-dip extension and SKL areas showing promising outcomes. The company's commitment to bringing these areas into the mine plan for late 2024 and 2025 reflects its strategic focus on maximizing the potential of the Tuvatu project. With ongoing exploration and development efforts, Lion One Metals aims to capitalize on the resource expansion targets and further enhance the project's production outlook.