Lion One Metals Ltd. (LIO:TSXV)
Lion One is an under-the-radar high-grade gold producer with its Fiji-based Tuvatu mine producing ~14.7Koz in FY25, and production rates are expected to double over the next year.
Tuvatu hosts a high-grade gold resource of 514Koz at 7.89 g/t Au and shows substantial growth potential near existing resources as well as regional exploration.
LIO trades at 0.2x NAV compared to its peers at 0.5x NAV.
Investment Summary
Lion One Metals is an emerging Canadian gold producer headquartered in North Vancouver, BC, with new operations established in late 2023 at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the Pilot Plant, and the Assay Lab. The Company also has an extensive exploration license covering the entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration targets.
Company Description
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