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TICKERS: LIO; LOMLF

Gold Company Launches Another Drill Program at Fiji Project
News Update

Source:

This precious metals firm continues its exploration efforts at its South Pacific island asset.

Lion One's Tuvatu Gold Project

Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) started drilling at its Tuvatu project in Fiji, it announced in a news release.

The drill campaign will "test shallow dipping lodes in the HT Corridor, a mineralized zone crosscutting the principal vein system of the Tuvatu resource, inside the mining lease (SML 62), in close proximity to the planned mill site," the release noted. The HT Corridor is at least 25 meters (25m) wide and following previous drilling, remains open along strike and downdip.

"We are excited about the prospect of a much wider and deeper alkaline gold system at Tuvatu," CEO Walter Berukoff said in the release. "We're also excited about the potential of the HT Corridor to add new ounces to the resource and mine plan, in close proximity to our planned mill site."

Lion One plans to follow this current program with stepout drilling in a 500m area around the existing resource.

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