Junior Mining

Lion One to Retest High Grade Feeder with a Wedge Hole; Receives Gravimetric Assays for High Grade Zone

Press Release

“It is not uncommon to see gravimetric fire assay results return higher values than fire assay-AA finish, especially when dealing with very high-grade mineralization such as that encountered in our newly discovered feeder zone,” commented Dr. Quinton Hennigh, technical advisor to Lion One. “We are now forming an understanding of why we encountered the feeder zone somewhat higher than expected. It appears we started the hole in the footwall of this structure. Therefore, we encountered it first, and then proceeded to encounter multiple Tuvatu lodes in the hanging wall as the hole continued on the other side. Exploration in new parts of big gold systems such as this can lead to paradigm shifts resulting in fundamental shifts in thinking. To better test this new hypothesis, we have begun a daughter wedge hole off TUDDH500 that should pass through the high-grade feeder a few meters away and provide additional information about the orientation of this important zone.”

For further information                                                                                    Leo Karabelas
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