Tuvatu Update, page-6

A new announcement on the LLO website: https://liononemetals.com/site/assets/files/6368/lio_nr_24_21_roscoelite_2024-11-11_final.pdf

Lion One "is pleased to report that the development of a new high-grade nearsurface roscoelite zone has commenced at the company’s 100% owned Tuvatu high-grade alkaline gold mine on the island of Viti Levu in Fiji.

Lion One CEO Walter Berukoff stated “Quartz-roscoelite veining is the most economically significant mineral assemblage at several world class alkaline gold deposits that are similar to Tuvatu. Roscoelite is a defining characteristic of these alkaline systems and it is directly associated with high-grade gold.

An initial bulk sample of the near-surface roscoelite zone at Tuvatu has returned 11.6 g/t gold from 861 tonnes of material mined at full mining widths. We are now enhancing our mine plan with this gold-rich roscoelite material, which is already being processed through the pilot plant”.