Drilling ResultsDrilling intercepted several high-grade results, including 99.1 g/t Au over 3.3m, 218.3 g/t over 1.2m and 24.9 g/t over 4.6m; many of which were proximal to existing mine workings and could be integrated into the mine plan.
Production GrowthLion 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.
ValuationLIO trades at 0.2x NAV compared to its peers at 0.5x NAV.