EXPLORATION & DEVELOPMENT

Lion One roars on feeder zone intersection

DUAL-listed explorer Lion One Metals’ stock jumped from A$1.88 per share to $4.70 in trading on the Australian Securities Exchange today, an increase of more than 150%, as it delivered assays proving its drilling in Fiji intersected high-grade feeder-style mineralisation and a successful C$20 million capital raising.

 Gold in core from Tuvatu.

Gold in core from Tuvatu.

The two intervals defined by drilling at its Tuvatu alkaline gold project were 2m at 35.28 grams per tonne from 558m plus 12.7m at 46.14gpt from 571m, including 4.7m at 120.2gpt with 0.9m at 506.5gpt and...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.