{"id":1204705,"date":"2020-08-31T13:06:18","date_gmt":"2020-08-31T18:06:18","guid":{"rendered":"https:\/\/www.mining.com\/?p=1034304"},"modified":"2020-08-31T13:06:18","modified_gmt":"2020-08-31T18:06:18","slug":"lion-one-confirms-high-grade-lode-at-tuvatu-project-in-fiji","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1204705","title":{"rendered":"Lion One confirms high-grade lode at Tuvatu project in Fiji"},"content":{"rendered":"<p>Lion One Metals (TSX-V: LIO) <a rel=\"noreferrer noopener\" href=\"https:\/\/liononemetals.com\/2020\/08\/lion-ones-first-wedge-hole-confirms-high-grade-lode-at-tuvatu-gold-project-in-fiji\/\" >announced<\/a> on Monday that it has encountered high-grade gold mineralization in a diamond wedge hole, drilled to a depth of 709.0 metres at its Tuvatu gold project in the island of Viti Levu, Fiji.<\/p>\n<p>High-grade intervals from daughter wedge hole TUDDH500w1 include\u00a070 g\/t Au over 3.3m\u00a0including two narrower intervals of\u00a0305.00 g\/t Au over 0.3m\u00a0and\u00a0255.00 g\/t Au over 0.6m. High-grade intervals encountered in mother hole TUDDH500 include\u00a02.0m grading 46.70g\/t Au\u00a0and\u00a012.7m grading 55.43g\/t Au\u00a0including sub-intervals of\u00a04.7m grading 120.16g\/t Au\u00a0with an exceptionally high-grade core of\u00a00.9m grading 582.33g\/t Au.<\/p>\n<p>The company is now drilling a second daughter wedge hole (TUDDH500w2), from mother hole to further retest the newly discovered high-grade zone under the Tuvatu lode system.<\/p>\n<p>The Tuvatu gold deposit \u2014 located on the island of Viti Levu \u2014 contains an estimated 1.12 million tonnes of indicated resources at 8.17 g\/t Au (294,000 oz. Au) and 1.3 million tonnes of inferred resources at 10.60 g\/t Au (445,000 oz. Au).<\/p>\n<p>Shares of Lion One Metals surged 13% on the TSX by 1:45 p.m. EDT Monday. The Vancouver-based miner has a market capitalization of approximately C$288 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lion One Metals (TSX-V: LIO) announced on Monday that it has encountered high-grade gold mineralization in a diamond wedge hole, drilled to [&hellip;]<\/p>\n","protected":false},"author":110,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1204705"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/110"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1204705"}],"version-history":[{"count":4,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1204705\/revisions"}],"predecessor-version":[{"id":1204738,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1204705\/revisions\/1204738"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1204705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1204705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1204705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}