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All six of Lion One’s drills are now operational and the dry season commenced approximately one month ago. The six drills include two deep capacity surface drills, two shallow capacity surface drills and two deep capacity underground drills. The Company is employing a three-pronged exploration program with the following goals:
Test deep extensions of know lodes below the existing Tuvatu resource using one deep capacity surface drill and, at times, one underground drill. This program will focus on extending high-grade lode extensions discovered in 2020, particularly hole TUDDH500 which intercepted 12.7m grading 55.43 g/t Au in an area sometimes in excess of 200m below the existing resource.
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Major works on a crucial Central Highlands thoroughfare will begin next week as part of a Department of Transport and Main Roads project.
The DTMR advised construction would commence in late-April on the Leichhardt Highway, south of Banana (between Westwood and Taroom) to replace the Banana Creek Bridge.
The aim of the project is to allow Cockatoo Coal to maintain access to its Baralaba Mine and operations during severe weather events and to increase its annual coal production.
The work will take place from April 19 to late-December, Monday to Saturday between 6am and 6pm.
Lane closures, speed restrictions and traffic control will be in place during active hours.
Tuvatu gold prospect could be Fiji s next Vatukoula: MRD islandsbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from islandsbusiness.com Daily Mail and Mail on Sunday newspapers.
Lion One Metals Limited: Lion One Reports 2020 Highlights from the Tuvatu Gold Project in Fiji
Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ( Lion One or the Company ) is pleased to provide the following update highlighting its key accomplishments during the past year in the exploration and development of its 100% owned, fully permitted Tuvatu Alkaline Gold Project, located on the island of Viti Levu in Fiji.
Drilling, Discoveries, Development
Lion One emerged in 2020 as a fully equipped gold exploration company with four active surface drilling rigs and a fully operational, quick-response metallurgical and geochemical laboratory in nearby Nadi. The Company also added personnel to its growing and vastly experienced exploration and engineering team and was able to operate in Fiji with minimal disruption throughout 2020.
Lion One Reports 2020 Highlights from the Tuvatu Gold Project in Fiji marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.