LIO:CC - Lion One Reports New High-grade Gold Results at Tuvatu

April, 25 2023 08:00 AM Lion One Metals Limited

North Vancouver, British Columbia--(Newsfile Corp. - April 25, 2023) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") reports significant new high-grade results from grade control drilling at the Company's 100% owned Tuvatu Alkaline Gold Project in Fiji.

Following on the initial mining and extraction of the URA1 lode, the Company is here reporting new high-grade results from grade control drilling on the URW1 lode system, approximately 120m further east. Mining of URW1 is expected to begin over the next 2-4 weeks. Strike drive development on URW1 has commenced.

Highlights of new high-grade gold mineralization intersected by grade control drilling:

Multiple bonanza grade zones have been intersected including:
- 88.07g/t Au over 5.7m (including 1,396g/t Au over 0.3m) (TGC-0034)
- 27.52g/t Au over 5.55m (TUG-056)
- 20.93g/t Au over 7.2m (TGC-0003)
- 16.12g/t Au over 9.3m (TGC-0014)
- 16.48g/t Au over 9.6m (TGC-0002)
- 14.6g/t Au over 6.6m (TGC-0032)
- 14.97g/t Au over 5.4m (TGC-0018)
- 10.85g/t Au over 6.9m (TGC-0013)
Visible was gold observed in several drill holes.

Figure 1. Plan map showing the locations of the URA1 and URW1 lodes (in red) relative to the main Tuvatu decline. The gray outlines indicate planned development to reach the URW1 lodes.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/163583_9a144002c4db2a3f_001full.jpg

Close spaced grade control drilling has resulted in much higher resolution of the lode arrays as compared to previous infill drilling, including the identification of bonanza grade (>50g/t Au) zones.

The tightened drill pattern will facilitate optimised development and extraction of high-grade gold mineralization from the URW1 lodes while minimizing dilution. High-grade gold mineralization extracted from the URW1 lode system will contribute significantly to the growing high-grade stockpile constituting the initial feed for the Company's plant and processing facility, on schedule for start-up in Q4 2023.

Mineralization
Mineralization consists of abundant free gold, typically in association with light to dark gray chalcedonic quartz and roscoelite, locally accompanied by minor amounts of pyrite, sphalerite, galena and lesser chalcopyrite (Figure 3).

Figure 2. Long section view west of grade control drilling at URW1. Intersections >5m and 10g/t Au highlighted in red.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/163583_9a144002c4db2a3f_002full.jpg

Figure 3. A) Coarse disseminated gold in a quartz-roscoelite veinlet, TGC-0034 67.5m. Sample returned 1396.3 g/t Au over 0.3m. B) Coarse gold in gray quartz veinlet, TGC-0034 81.6m. Sample returned 166.2 g/t Au over 0.9m. C) Coarse honey sphalerite rimmed by dark pyrite in variable light to dark gray quartz vein, TGC-0032 71.0m. Sample returned 112.9 g/t Au over 0.3m. D) Banded chalcedonic quartz-roscoelite-pyrite-fine native gold, TGC-0002 77.4m. Sample returned 44.3 g/t Au over 0.3m.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/163583_9a144002c4db2a3f_003full.jpg

URW1 Lode System
The URW1 lode system consists of narrow, high-grade to locally bonanza-grade vein arrays and vein swarms that strike approximately N-S and dip sub-vertically to steeply east and is located approximately 120m east of the URA1 lode (Figure 1, 2, 4).

As currently modelled based on earlier drilling, the URW1 lode measures approximately 300m in the NS-direction by approximately 300m of vertical extent, thus forming one of the major N-S trending lodes that have been recognized in this part of the Tuvatu deposit. The URW1 lode intersects with numerous flat-lying to moderately south-dipping EW veins referred to as the Murau lode system (Figure 4).

Grade control drilling has been conducted from both the new decline and the historic exploration adit (Figures 1 & 2). This drilling is targeting a 60m strike section of the URW1 system, within the >300m strike of the overall URW1 system. Detailed drilling of this nature is the first conducted at the project and has served to confirm both the location of structures and the extent of some of the higher-grade zones within the overall mineralized envelope. These bonanza zones (>50g/t Au * true width) have been intersected that show a considerably higher-grade than the previous wide-spaced resource drilling in the area. The high-grade zones are interpreted to relate to the intersection of the N-S URW1 lode with E-W striking structures such as the Murau lodes.

Figure 4. Plan view of 3D models illustrating the earlier interpretation of the URA1 and URW1 lodes (blue). The lighter pink shapes are the flat-lying stacked Murau lodes (left) and SKL lodes (right). Underground development is shown in red.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2178/163583_9a144002c4db2a3f_004full.jpg

The URW1 lode system is interpreted as a series of parallel vein arrays.

This interpretation has come by way of a series of closely spaced grade control drill holes, drilled from two separate locations, east-directed drilling from the main decline, as well as west-directed drilling from the exploration decline (Figure 1). To date, a total of 34 diamond drill holes totalling approximately 3538m have been completed resulting in 5m to 10m spacing between adjacent holes covering a limited extent of the URW1 lode system. Despite the relatively limited size of the area drilled thus far, the grade control program has significantly increased the level of confidence in the geometry, widths, and grade distribution of the URW1 lodes, thereby allowing for detailed development planning.

Composited assay results for mineralized intervals interpreted as URW1 lodes in holes completed to date are presented in Table 1, with Tables 2 and 3 in the appendix containing full drill hole details. The URW1 lode system represents the next main area of mining and extraction of high-grade mineralization at Tuvatu. Development has commenced with first grade control and mapping expected shortly.

Table 1. Summary of composited drill results intersecting mineralization from the area of URW1 in this release. (TGC = new grade control drilling ordered by strongest intersections; TUDDH and TUG indicates previous exploration drilling (surface and underground) targeting this zone). For full results refer Table 2 in the appendix.

Hole ID
Grade (g/t Au)
Drill intersection width (m)
True Width (m)
TGC-0001

33.0
33.9
0.9
0.64
TGC-0002

77.1
77.4
0.3
44.25
TGC-0002

80.1
84.9
4.8
8.03
TGC-0002
including
80.1
82.2
2.1
11.60
TGC-0002
which includes
81.6
81.9
0.3
72.20
TGC-0002
and including
83.1
84.9
1.8
7.86
TGC-0002

89.4
97.5
8.1
13.07
TGC-0002
including
89.4
91.2
1.8
4.68
TGC-0002
including
92.1
97.5
5.4
17.97
TGC-0002
which includes
93.6
93.9
0.3
41.54
TGC-0002
and
93.9
94.2
0.3
45.40
TGC-0002
and
94.2
94.5
0.3
74.38
TGC-0002
and
94.5
94.8
0.3
38.43
TGC-0002
and
94.8
95.1
0.3
56.89
TGC-0002

100.2
103.8
3.6
7.93
TGC-0002

108.3
111.9
3.6
10.09
TGC-0002
including
108.3
109.2
0.9
4.05
TGC-0002
including
110.1
111.9
1.8
18.15
TGC-0002
which includes
111.0
111.3
0.3
77.72
TGC-0002

113.7
114.6
0.9
17.11
TGC-0003

52.5
53.4
0.9
2.79
TGC-0003

77.4
80.4
3.0
3.84
TGC-0003
including
77.4
77.7
0.3
5.34
TGC-0003
and
78.6
78.9
0.3
4.40
TGC-0003
and
79.2
79.5
0.3
27.18
TGC-0003

89.7
95.7
6.0
9.57
TGC-0003
including
89.7
93.3
3.6
14.63
TGC-0003
which includes
90.6
91.2
0.6
81.18
TGC-0003

98.0
99.2
1.2
0.95
TGC-0003

102.2
110.6
8.4
5.73
TGC-0003
including
102.2
107.0
4.8
7.97
TGC-0003
which includes
105.8
106.1
0.3
35.58
TGC-0003
and includes
107.3
108.5
1.2
6.84
TGC-0003

112.4
112.7
0.3
1.15
TGC-0003

115.1
116.0
0.9
59.85
TGC-0004

3.4
4.3
0.9
2.93
TGC-0005

75.3
75.9
0.6
2.11
TGC-0005

91.5
99.0
7.5
2.77
TGC-0005
including
93.3
94.2
0.9
10.67
TGC-0005

102.6
102.9
0.3
2.10
TGC-0005

104.1
104.7
0.6
21.01
TGC-0005

107.1
108.0
0.9
1.65
TGC-0005

109.8
110.4
0.6
0.78
TGC-0005

120.0
122.1
2.1
2.51
TGC-0005
including
121.8
122.1
0.3
14.83
TGC-0007

28.2
28.5
0.3
1.31
TGC-0008

74.8
76.9
2.1
10.51
TGC-0008

82.3
82.9
0.6
25.57
TGC-0008

94.0
94.3
0.3
4.20
TGC-0008

96.4
101.2
4.8
3.77
TGC-0008
including
96.4
98.5
2.1
3.73
TGC-0008
and
99.1
101.2
2.1
4.78
TGC-0008

105.1
105.7
0.6
2.78
TGC-0008

108.7
109.3
0.6
1.05
TGC-0008

110.8
111.4
0.6
2.16
TGC-0008

122.5
123.1
0.6
61.39
TGC-0009

18.6
21.3
2.7
0.91
TGC-0009

28.5
29.1
0.6
1.61
TGC-0009

30.9
31.5
0.6
8.33
TGC-0009

32.7
34.2
1.5
33.38
TGC-0009

49.5
49.8
0.3
10.54
TGC-0009

53.4
56.4
3.0
1.07
TGC-0009

61.2
61.5
0.3
1.97
TGC-0009

65.4
65.7
0.3
3.06
TGC-0009

66.9
67.8
0.9
6.10
TGC-0009

69.0
75.0
6.0
5.01
TGC-0009
including
69.6
70.2
0.6
4.66
TGC-0009
and
70.5
72.3
1.8
6.62
TGC-0009
and
72.9
73.5
0.6
6.80
TGC-0009
and
73.8
75.0
1.2
8.78
TGC-0009

76.5
78.0
1.5
0.97
TGC-0010

17.1
18.9
1.8
6.52
TGC-0010
including
17.1
17.4
0.3
37.04
TGC-0010

20.1
21.0
0.9
2.54
TGC-0010

23.4
30.3
6.9
2.67
TGC-0010
including
24.9
27.6
2.7
4.71
TGC-0010

36.0
36.9
0.9
8.92
TGC-0011

19.0
19.3
0.3
0.89
TGC-0011

22.3
23.8
1.5
7.56
TGC-0011

27.1
29.3
2.2
2.49
TGC-0011
including
27.1
28.0
0.9
5.34
TGC-0011

31.1
31.4
0.3
1.26
TGC-0011

32.6
35.3
2.7
7.64
TGC-0011
including
32.6
34.1
1.5
11.33
TGC-0011
and
34.4
35.3
0.9
4.04
TGC-0011

40.4
40.7
0.3
1.22
TGC-0011

52.7
53.3
0.6
1.91
TGC-0011

54.8
56.9
2.1
2.18
TGC-0011

58.7
59.9
1.2
2.62
TGC-0011
including
59.3
59.9
0.6
4.09
TGC-0011

63.2
66.5
3.3
2.68
TGC-0011
including
64.1
66.5
2.4
3.58
TGC-0011

68.6
75.8
7.2
6.72
TGC-0011
including
68.6
69.2
0.6
19.95
TGC-0011
which includes
68.9
69.2
0.3
37.28
TGC-0011
and
69.5
73.4
3.9
8.84
TGC-0011
which includes
71.0
71.3
0.3
59.70
TGC-0012

79.5
81.9
2.4
7.86
TGC-0012
including
79.5
79.8
0.3
59.46
TGC-0012

85.2
85.5
0.3
2.79
TGC-0012

87.3
88.5
1.2
5.11
TGC-0012

92.1
92.4
0.3
2.47
TGC-0012

98.4
99.6
1.2
1.32
TGC-0012

102.3
104.1
1.8
0.63
TGC-0012

105.9
106.2
0.3
4.67
TGC-0013

19.2
19.5
0.3
1.55
TGC-0013

23.1
23.7
0.6
1.28
TGC-0013

32.4
34.5
2.1
3.36
TGC-0013
including
32.4
33.0
0.6
6.97
TGC-0013
and
33.9
34.5
0.6
4.67
TGC-0013

42.9
43.5
0.6
1.16
TGC-0013

47.1
47.7
0.6
0.80
TGC-0013

50.4
51.3
0.9
13.58
TGC-0013

55.6
56.2
0.6
1.37
TGC-0013

67.6
70.3
2.7
5.70
TGC-0013

72.7
73.6
0.9
4.09
TGC-0013

75.1
79.3
4.2
11.03
TGC-0013
including
75.1
76.6
1.5
4.86
TGC-0013
and
77.2
78.1
0.9
8.51
TGC-0013
and
78.4
79.3
0.9
34.87
TGC-0013
which includes
78.7
79.3
0.6
49.52
TGC-0013

81.1
83.8
2.7
5.97
TGC-0013

94.3
97.6
3.3
1.21
TGC-0014

10.8
11.1
0.3
1.21
TGC-0014

19.2
19.5
0.3
1.03
TGC-0014

34.5
36.3
1.8
2.47
TGC-0014
including
34.5
35.4
0.9
3.38
TGC-0014
and
36.0
36.3
0.3
4.72
TGC-0014

42.6
42.9
0.3
3.21
TGC-0014

52.2
53.1
0.9
0.57
TGC-0014

56.1
56.4
0.3
1.69
TGC-0014

66.0
75.6
9.6
13.28
TGC-0014
including
66.0
66.9
0.9
54.81
TGC-0014
which includes
66.3
66.6
0.3
95.47
TGC-0014
and
66.6
66.9
0.3
67.96
TGC-0014
and
67.5
69.0
1.5
7.83
TGC-0014
and
69.3
72.6
3.3
9.89
TGC-0014
and
72.9
73.2
0.3
3.32
TGC-0014
and
74.1
75.0
0.9
32.29
TGC-0014
which includes
74.4
74.7
0.3
57.95
TGC-0014
and
74.7
75.0
0.3
38.34
TGC-0014
and
75.3
75.6
0.3
9.41
TGC-0014

80.7
84.6
3.9
7.69
TGC-0014

85.8
88.8
3.0
1.86
TGC-0014

92.4
95.1
2.7
1.10
TGC-0015

71.1
71.4
0.3
0.54
TGC-0015

87.3
87.9
0.6
2.17
TGC-0015

105.6
106.2
0.6
2.50
TGC-0016

38.7
43.5
4.8
6.22
TGC-0016
including
38.7
41.4
2.7
9.67
TGC-0016
which includes
40.8
41.1
0.3
45.75
TGC-0016

68.1
68.7
0.6
2.16
TGC-0016

70.8
71.4
0.6
2.55
TGC-0016

72.6
73.5
0.9
6.50
TGC-0016

81.0
83.4
2.4
14.23
TGC-0016
including
81.0
81.6
0.6
19.42
TGC-0016
and
81.9
83.4
1.5
14.99
TGC-0016
which includes
83.1
83.4
0.3
45.51
TGC-0016

84.6
85.5
0.9
1.86
TGC-0016

92.4
94.5
2.1
4.83
TGC-0016

95.7
97.8
2.1
3.58
TGC-0017

5.1
5.7
0.6
1.28
TGC-0017

17.4
17.7
0.3
4.32
TGC-0017

36.0
36.6
0.6
1.26
TGC-0017

38.7
44.1
5.4
9.39
TGC-0017

69.3
69.9
0.6
9.60
TGC-0017

72.3
73.8
1.5
3.03
TGC-0017
including
73.2
73.8
0.6
7.01
TGC-0017

76.8
77.4
0.6
65.63
TGC-0017

82.5
84.0
1.5
3.08
TGC-0018

78.9
79.5
0.6
0.92
TGC-0018

85.8
86.1
0.3
11.42
TGC-0018

88.5
90.6
2.1
5.67
TGC-0018

94.2
95.1
0.9
0.54
TGC-0018

96.3
97.2
0.9
0.63
TGC-0018

102.0
105.9
3.9
15.62
TGC-0018

109.2
111.0
1.8
2.74
TGC-0019

10.8
12.0
1.2
0.86
TGC-0019

13.8
16.5
2.7
2.31
TGC-0019

31.2
32.7
1.5
3.21
TGC-0019

40.2
45.0
4.8
16.05
TGC-0019
including
41.4
45.0
3.6
21.18
TGC-0019
which includes
42.6
42.9
0.3
49.70
TGC-0019
and
43.2
43.5
0.3
166.81
TGC-0019

51.0
52.2
1.2
2.60
TGC-0019

65.1
66.3
1.2
0.85
TGC-0019

70.5
79.8
9.3
4.92
TGC-0019
including
70.5
75.0
4.5
6.70
TGC-0019
and
75.3
76.5
1.2
7.69
TGC-0019

83.7
84.0
0.3
15.22
TGC-0019

95.7
96.9
1.2
9.13
TGC-0020

16.8
18.3
1.5
3.09
TGC-0020

24.3
26.4
2.1
0.92
TGC-0020

28.2
29.7
1.5
4.10
TGC-0021

4.4
5.0
0.6
1.40
TGC-0021

24.5
26.9
2.4
2.86
TGC-0021
including
24.5
25.4
0.9
6.34
TGC-0021

44.3
44.9
0.6
1.36
TGC-0021

74.0
74.3
0.3
0.65
TGC-0022

28.2
29.4
1.2
1.36
TGC-0022

54.6
54.9
0.3
1.04
TGC-0022

57.9
58.8
0.9
1.22
TGC-0022

66.9
70.5
3.6
2.31
TGC-0022

75.0
75.6
0.6
2.23
TGC-0023

90.2
90.8
0.6
1.71
TGC-0023

100.7
101.3
0.6
0.63
TGC-0024

13.8
14.4
0.6
0.50
TGC-0024

58.8
59.7
0.9
1.30
TGC-0024

65.4
65.7
0.3
0.54
TGC-0025

7.5
9.3
1.8
2.79
TGC-0025
including
7.5
8.4
0.9
5.22
TGC-0025

13.5
14.1
0.6
4.33
TGC-0025

15.6
16.5
0.9
0.68
TGC-0025

78.6
83.1
4.5
3.76
TGC-0025
including
78.6
79.2
0.6
4.69
TGC-0025
and
79.5
80.7
1.2
3.07
TGC-0025
and
81.0
83.1
2.1
4.91
TGC-0025

84.6
84.9
0.3
1.77
TGC-0025

87.0
87.3
0.3
6.55
TGC-0026

14.7
15.3
0.6
0.58
TGC-0026

28.8
29.7
0.9
2.28
TGC-0026

33.9
34.8
0.9
5.94
TGC-0026

39.9
40.8
0.9
10.20
TGC-0026

42.3
42.9
0.6
3.72
TGC-0026

71.7
72.0
0.3
0.65
TGC-0027

70.2
70.8
0.6
2.41
TGC-0027

80.7
82.2
1.5
3.75
TGC-0027

87.9
88.5
0.6
1.72
TGC-0027

93.6
94.2
0.6
2.46
TGC-0027

96.6
99.0
2.4
0.79
TGC-0027

104.4
105.9
1.5
4.98
TGC-0027

107.7
109.8
2.1
1.99
TGC-0027
including
109.5
109.8
0.3
11.28
TGC-0027

112.8
114.0
1.2
0.63
TGC-0028

8.7
9.6
0.9
1.02
TGC-0028

13.2
16.2
3.0
11.27
TGC-0028

78.0
78.9
0.9
0.63
TGC-0028

83.4
83.7
0.3
1.17
TGC-0028

85.2
85.8
0.6
0.55
TGC-0028

92.1
97.5
5.4
10.86
TGC-0028
including
92.1
93.6
1.5
26.67
TGC-0028
which includes
92.1
92.4
0.3
45.29
TGC-0028
and
92.4
92.7
0.3
72.80
TGC-0028
and
94.5
95.7
1.2
12.97
TGC-0028
and
96.6
97.5
0.9
3.44
TGC-0028

101.1
102.6
1.5
9.53
TGC-0029

14.7
16.2
1.5
10.82
TGC-0029

74.4
75.0
0.6
4.93
TGC-0029

83.7
86.7
3.0
1.00
TGC-0029

95.7
96.9
1.2
3.14
TGC-0030

18.0
19.2
1.2
56.88
TGC-0030

22.8
25.2
2.4
4.87
TGC-0030
including
24.0
25.2
1.2
9.62
TGC-0030

51.9
52.2
0.3
1.47
TGC-0030

54.6
54.9
0.3
3.60
TGC-0030

61.2
61.5
0.3
3.75
TGC-0030

71.4
72.0
0.6
20.01
TGC-0030

83.1
84.6
1.5
3.65
TGC-0030

88.8
92.4
3.6
0.97
TGC-0030

94.2
95.4
1.2
1.40
TGC-0031

13.5
20.4
6.9
6.60
TGC-0031
including
13.5
15.3
1.8
17.28
TGC-0031
which includes
14.1
14.7
0.6
34.62
TGC-0031
and
15.6
18.3
2.7
4.76
TGC-0031
and
19.2
19.5
0.3
3.25
TGC-0031

62.0
63.8
1.8
3.21
TGC-0031
including
62.9
63.8
0.9
5.88
TGC-0031

72.5
73.4
0.9
1.27
TGC-0031

74.9
75.8
0.9
6.93
TGC-0031

77.0
77.6
0.6
3.30
TGC-0031

82.4
85.1
2.7
3.12
TGC-0031

86.9
95.6
8.7
13.73
TGC-0031
including
86.9
89.9
3.0
10.80
TGC-0031
which includes
87.2
87.5
0.3
39.53
TGC-0031
and
87.5
87.8
0.3
36.62
TGC-0031
and including
90.5
91.1
0.6
28.85
TGC-0031
and
92.0
94.7
2.7
24.94
TGC-0031
which includes
92.6
92.9
0.3
116.56
TGC-0031
and
93.8
94.1
0.3
64.28
TGC-0031
and
95.3
95.6
0.3
6.90
TGC-0032

10.2
10.8
0.6
0.68
TGC-0032

18.0
18.3
0.3
32.02
TGC-0032

22.8
23.7
0.9
20.11
TGC-0032

52.2
52.8
0.6
2.66
TGC-0032

58.2
58.5
0.3
9.18
TGC-0032

69.6
72.0
2.4
19.46
TGC-0032

76.5
80.1
3.6
4.58
TGC-0032

85.2
87.3
2.1
14.59
TGC-0032

88.5
91.5
3.0
2.80
TGC-0032
including
88.5
89.7
1.2
5.59
TGC-0032

98.4
98.7
0.3
16.30
TGC-0032

106.2
107.1
0.9
41.62
TGC-0032

108.9
109.5
0.6
4.20
TGC-0034

21.6
23.7
2.1
24.84
TGC-0034

24.0
32.1
8.1
25.96
TGC-0034
including
24.0
24.9
0.9
14.30
TGC-0034
which includes
24.0
24.3
0.3
33.61
TGC-0034
and
25.2
32.1
6.9
28.61
TGC-0034
which includes
25.2
25.8
0.6
47.66
TGC-0034
and
30.3
30.6
0.3
59.31
TGC-0034
and
30.6
31.5
0.9
118.95
TGC-0034

56.1
56.4
0.3
0.90
TGC-0034

60.3
61.2
0.9
4.33
TGC-0034

66.3
69.9
3.6
120.76
TGC-0034
including
66.3
68.1
1.8
237.52
TGC-0034
which includes
67.5
67.8
0.3
1396.31
TGC-0034
and
69.0
69.9
0.9
7.92
TGC-0034

72.6
73.2
0.6
0.61
TGC-0034

74.7
75.6
0.9
5.70
TGC-0034

80.7
83.1
2.4
22.46
TGC-0034
including
81.6
82.5
0.9
57.46
TGC-0034
which includes
81.6
81.9
0.3
166.16
TGC-0034
and
82.8
83.1
0.3
4.25
TGC-0034

86.1
90.3
4.2
3.06
TGC-0034
including
88.8
90.3
1.5
7.06
TGC-0034

91.5
91.8
0.3
1.42
TGC-0034

93.0
94.2
1.2
1.06
TGC-0034

95.4
99.9
4.5
3.10
TGC-0034
including
98.7
99.9
1.2
9.10
TGC-0035

33.0
33.6
0.6
8.28
TGC-0035

36.0
37.5
1.5
6.21
TGC-0035

39.3
40.5
1.2
10.55
TGC-0035

48.0
51.9
3.9
4.33
TGC-0035
including
50.1
51.9
1.8
8.72
TGC-0035
which includes
51.0
51.3
0.3
46.28
TGC-0035

53.7
54.3
0.6
1.71
TGC-0035

56.1
65.1
9.0
3.70
TGC-0035
including
61.5
62.1
0.6
7.65
TGC-0035
and
62.7
63.9
1.2
11.80
TGC-0035
which includes
63.0
63.3
0.3
31.89
TGC-0035
and including
64.2
65.1
0.9
11.36
TGC-0035

67.5
72.9
5.4
3.44
TGC-0035
including
69.0
72.9
3.9
4.03
TGC-0035

74.7
77.7
3.0
4.38
TGC-0035

78.9
82.5
3.6
2.54
TGC-0035
including
80.1
82.5
2.4
3.24
TGC-0035

91.5
92.7
1.2
1.16
TGC-0036

11.4
12.0
0.6
2.50
TGC-0036

18.0
19.2
1.2
4.08
TGC-0036

52.5
53.4
0.9
0.74
TGC-0036

57.3
59.7
2.4
51.58
TGC-0036

70.5
71.4
0.9
11.52
TGC-0036

86.1
88.2
2.1
2.43
TGC-0036
including
87.0
88.2
1.2
3.84
TGC-0036

95.1
98.4
3.3
0.83

Table 3. Collar coordinates and dates of completion for grade control drillholes reported in this release. Coordinates are in Fiji map grid.

Hole ID
Date
Easting
Northing
Elevation
Azimuth
Dip
Depth

Completed





(m)
TGC-0001
24.10.22
1876437
3920744
140
290
27.4
34.0
TGC-0002
10.11.22
1876437
3920744
139
286
3.4
118.7
TGC-0003
25.11.22
1876437
3920744
139
288
4.0
116.8
TGC-0004
29.11.22
1876269
3920755
154
115
12.0
101.4
TGC-0005
13.12.22
1876437
3920744
137
115
12.0
128.5
TGC-0007
12.01.23
1876269
3920756
154
105
12.0
131.2
TGC-0008
21.01.23
1876437
3920744
139
293
4.0
124.2
TGC-0009
16.01.23
1876269
3920756
153
106
-10.0
80.3
TGC-0010
18.01.23
1876269
3920755
153
114
-11.0
83.3
TGC-0011
23.01.23
1876269
3920755
153
102
-10.0
95.2
TGC-0012
27.01.23
1876437
3920745
139
300
5.0
106.6
TGC-0013
27.01.23
1876269
3920757
153
97
-8.0
102.6
TGC-0014
2.02.22
1876269
3920757
153
93
-9.0
95.1
TGC-0015
10.02.22
1876437
3920744
139
289
-11.0
122.5
TGC-0016
7.02.22
1876269
3920757
153
85
-7.0
101.4
TGC-0017
10.02.22
1876269
3920757
153
82
-8.0
99.4
TGC-0018
22.02.23
1876437
3920744
139
285
-8.0
111.3
TGC-0019
15.02.23
1876269
3920758
153
79
-8.0
110.4
TGC-0020
20.02.23
1876269
3920755
153
119
-12.0
94.9
TGC-0021
23.02.23
1876269
3920755
153
115
-4.0
92.3
TGC-0022
27.02.23
1876269
3920755
153
113
-19.0
103.7
TGC-0023
4.03.23
1876437
3920744
139
293
-8.0
105.4
TGC-0024
1.03.23
1876269
3920755
152
113
-22.0
98.4
TGC-0025
4.03.23
1876269
3920756
152
108
-29.0
140.8
TGC-0026
8.03.23
1876269
3920756
153
106
-4.0
84.1
TGC-0027
3.04.23
1876437
3920744
139
299
10.0
120.5
TGC-0028
10.03.23
1876269
3920756
152
106
-27.0
116.7
TGC-0029
14.03.23
1876269
3920756
152
106
-23.0
95.2
TGC-0030
20.03.23
1876269
3920756
153
103
-16.0
98.6
TGC-0031
22.03.23
1876269
3920756
152
103
-25.0
95.6
TGC-0032
24.03.23
1876269
3920756
153
97
-16.0
110.6
TGC-0034
28.03.23
1876269
3920756
153
97
-12.0
101.4
TGC-0035
31.03.23
1876269
3920756
153
98
0.0
113.0
TGC-0036
4.04.23
1876269
3920756
153
94
-16.0
104.4

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163583

Company Name:	Lion One Metals Limited
Stock Symbol:	LIO:CC
Market:	TSXVC
Website:	liononemetals.com

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