Lion One Metals (TSX.V: LIO | OTCQX: LOMLF)
At Tuvatu, the #1 diamond drill is currently drilling hole TUDDH497 at the same azimuth but 6 degrees steeper than recently completed hole TUDDH496. Both of these holes test the east-west trending Murau lodes, part of the Tuvatu West lode network. Stephen Mann, Managing Director of Lion One commented “We are very excited by the structures identified in the last few holes (TUDDH 494, 495, 496 and 497). We have clearly demonstrated that the structural corridors highlighted in the CSAMT geophysical survey are real and are the host of mineralising fluids. The intervals drilled into these structural corridors have intersected zones of very good alteration including pyrite, carbonate and alkaline feldspars, as well as traces of base metals which have proven to be good pathfinders. In addition, several very fine specks of visible gold have also been recognised. The lodes at Tuvatu West have returned previously reported very high grade intersections including TUDDH371 14.99m @14.28 g/t Au (see News Release 15th July 2013), TUDDH365 4.31m @ 14.95 g/t Au, and TUDDH364 6.43m @12.74 g/t Au (see News Release 15th May 2013), and it is expected that TUDDH496 and 497 will add significantly more geological information in the area.” Assays from both of these holes will be reported to the market once they have been finalised.
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Email: info@liononemetals.com
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