Lion One Metals Limited, the operator of the Tuvatu Gold Mine in Nadi, has announced the discovery of a new mineralized structure rich in gold deposits. This promising structure has consistently shown exceptionally high-grade gold since its initial identification in September.
The company noted that this structure is characterized by the presence of abundant roscoelite, which is commonly found in significant alkaline gold deposits. This discovery could potentially enhance the mine’s yield and contribute positively to the local economy.
Additionally, Lion One has bolstered its team by appointing Ivan Maldonado as Mine Geology Manager and Alexander Valencia as Senior Mine Geologist at the Tuvatu Gold Mine in Fiji. Chairman and CEO Walter Berukoff expressed enthusiasm about their arrival, emphasizing that their expertise would greatly benefit the operations at Tuvatu.
This discovery and the strengthening of the team herald a promising future for the Tuvatu Gold Mine, offering hope for increased production and economic development in the region. As the gold market continues to evolve, such discoveries could contribute to sustainable growth and stability for both the company and the community.
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