Korelin Economics Report

Lion One Metals – A New Bonanza Grade Gold Discovery 1Km North Of Tuvatu and High-Grade Drill Results From Zone 5

Quinton Hennigh. Technical Advisor at Lion One Metals (TSX.V:LIO – OTCQX:LOMLF – ASX:LLO) joins me to recap news from this month including a new bonanza grade gold discovery and more high-grade grade control drill results from Zone 5 on the Tuvatu Gold Project. 

 

We start with the August 24th news release announcing a new discovery, Lumuni, which is located 1km north of the Tuvatu Gold Project. I have Quinton explain what lead the team to surface sample the area and if the mineralization is related to what has been discovered on Tuvatu. I also ask when this area will be drilled to get more information on the potential mineralization. 

 

We then move to the August 10th and 15th news releases reporting more high-grade grade control drill results from Zone 5. This Zone encompasses the near-surface portions of lodes UR1 to UR8, as well as URW2A and URW3. The Zone 5 area of the deposit is scheduled for mining in early 2024.

 

If you have any follow up questions for Quinton and the team at Lion One Metals please email me at Fleck@kereport.com.

 

 

Click here to read over the recent news releases we discussed in the interview.

 

Click here to listen to the construction update interview posted in late June.

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