📋 Tender Overview
Minister for Lands and Mineral Resources Hon. Ashneel Sudhakar commissioned the Lion One Limiteds new world class Geochemical Assay and Metallurgical Laboratory in Nadi. The assay laboratory will service the Companys exploration resource definition and development activities on its 100 owned and fully permitted Tuvatu gold project and surrounding exploration tenements located 16km away in the nearby Navilawa volcanic complex in the upper Sabeto Valley.Minister Sudhakar said presently gold and nine other potentially commercial elements are being analysed however the lab has the ability to analyse a range of 36 different elements. The facility will also be utilized to conduct metallurgical optimization test work including flotation and leaching water analysis and micro-testing of fluids.Lion One has spent well in excess of 4 million FJD to bring this world class facility to Fiji and has made a longstanding commitment to Fiji via the exploration and development of the Tuvatu project. Minister Sudhakar highlighted that following a recent review of the geological model of Tuvatu and the visits by a number of international specialists Lion One has confidently highlighted that Tuvatu has the potential to host in excess of 10 million ounces of gold.When these types of mineralised systems are found worldwide they invariably host world class gold deposits. The granting of the Navilawa tenement after a competitive tender process was integral to the long-term commitment of the Company in Fiji. There is no other better time than today to also officially hand over the Navilawa Special Prospecting Licence document SPL 1512 to Mr Mann and Lion One Limited.Minister Sudhakar adds Lion One itself has never had one objection to the exploration or development of the project and hopes that this support will continue well into the long future. Managing Director Lion One Metals Mr Stephen Mann commended the Fijian Government for its continuous support and facilitation since its inception.
