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Lion One Announces Robust Updated PEA for Tuvatu

Press Release

Corporate Presentation

“The PEA for Tuvatu demonstrates robust economic potential for a low-cost, high-grade gold operation with low upfront capital costs, enabling rapid payback of capital even at a gold price of US $1,400 per ounce ,” stated Lion One Chairman and CEO Walter Berukoff. “We are encouraged about Tuvatu’s potential for a near-term development and production opportunity, with further exploration and expansion potential as we continue our current drill programs to extend the known mineralization of Tuvatu and the surrounding Navilawa Caldera.”

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