Lion One Metals Ltd (LOMLF)

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Gold Newsletter feat Lion One

Lion One Metals (LIO.V; LOMLF.OB ; C$0.89) is drilling its Tuvatu project in 2017 with the goal of infilling and extending the material targeted for the first two years of production. Hole 419 from this effort intersected 9.07 meters od 13.52 g/t gold. This assay bodes well for Lion One’s ability to quickly turn Tuvatu’s high-grade ore into cash flow, once production begins. The company is also in the process of dewatering an exploration decline on the property. Once complete, it will allow for underground drilling to complement the surface drilling at Tuvatu. Lion One continues to trade in an attractive range for accumulation and is a buy for those looking for a good, leveraged play on higher gold prices.

Read more at http://www.stockhouse.com/companies/bullboard/v.lio/lion-one-metals-ltd?postid=25922256#u8Jgivswx4QRGOe5.99