Lion One Announces Construction of Flotation Circuit at Tuvatu Gold Mine in Fiji
Lion One Metals (OTCQX: LOMLF) has announced the commencement of engineering and construction of a flotation circuit at its wholly-owned Tuvatu Alkaline Gold Project in Fiji. The project represents a significant expansion of the current 300 TPD pilot plant operation, with plans to double capacity to 600 TPD in stages.
The first expansion phase includes adding a flotation circuit with a regrind mill for processing flotation concentrate to approximately P80 20 microns before feeding the pre-treatment and CIL circuits. According to metallurgical testing conducted by Lion One's lab in Fiji, this addition is expected to increase gold recoveries from the current 80-83% to over 90%.
The company has completed engineering of concrete foundations and begun construction preparation. Steel and flotation plant equipment orders have been placed, with construction scheduled for completion in Q4 CY2025.
Lion One Metals (OTCQX: LOMLF) ha annunciato l'inizio dell'ingegneria e della costruzione di un circuito di flottazione presso il suo progetto di oro alcalino Tuvatu, interamente di proprietà, nelle Fiji. Il progetto rappresenta un'espansione significativa dell'attuale operazione della pianta pilota da 300 TPD, con piani per raddoppiare la capacità a 600 TPD in fasi.
La prima fase di espansione prevede l'aggiunta di un circuito di flottazione con un mulino per la macinazione secondaria per elaborare il concentrato di flottazione a circa P80 20 micron prima di alimentare i circuiti di pre-trattamento e CIL. Secondo i test metallurgici condotti dal laboratorio di Lion One nelle Fiji, si prevede che questa aggiunta aumenti i recuperi di oro dall'attuale 80-83% a oltre il 90%.
L'azienda ha completato l'ingegneria delle fondamenta in cemento e ha iniziato i preparativi per la costruzione. Gli ordini per attrezzature in acciaio e per la pianta di flottazione sono stati effettuati, con la costruzione prevista per il completamento nel quarto trimestre del 2025.
Lion One Metals (OTCQX: LOMLF) ha anunciado el inicio de la ingeniería y la construcción de un circuito de flotación en su proyecto de oro alcalino Tuvatu, completamente de propiedad, en Fiji. El proyecto representa una expansión significativa de la operación actual de la planta piloto de 300 TPD, con planes para duplicar la capacidad a 600 TPD en etapas.
La primera fase de expansión incluye la adición de un circuito de flotación con un molino de re-molienda para procesar el concentrado de flotación a aproximadamente P80 20 micrones antes de alimentar los circuitos de pre-tratamiento y CIL. Según las pruebas metalúrgicas realizadas por el laboratorio de Lion One en Fiji, se espera que esta adición aumente la recuperación de oro del actual 80-83% a más del 90%.
La empresa ha completado la ingeniería de los cimientos de concreto y ha comenzado la preparación de la construcción. Se han realizado pedidos de equipos de acero y de la planta de flotación, con la construcción programada para completarse en el cuarto trimestre de 2025.
라이온 원 메탈스 (OTCQX: LOMLF)는 피지에 있는 전액 출자 자회사인 투바투 알칼리 금 프로젝트에서 플로테이션 회로의 엔지니어링 및 건설을 시작한다고 발표했습니다. 이 프로젝트는 현재 300 TPD 파일럿 플랜트 운영의 상당한 확장을 나타내며, 단계적으로 600 TPD로 용량을 두 배로 늘릴 계획입니다.
첫 번째 확장 단계에는 플로테이션 농축물을 처리하기 위한 재분쇄 밀을 갖춘 플로테이션 회로 추가가 포함됩니다. 이 농축물은 프리트리트먼트 및 CIL 회로에 공급되기 전에 약 P80 20 마이크론으로 가공됩니다. 라이온 원의 피지 실험실에서 수행된 금속 테스트에 따르면, 이번 추가로 인해 현재 80-83%의 금 회수율이 90% 이상으로 증가할 것으로 예상됩니다.
회사는 콘크리트 기초의 엔지니어링을 완료하고 건설 준비를 시작했습니다. 강철 및 플로테이션 공장 장비 주문이 완료되었으며, 건설은 2025년 4분기까지 완료될 예정입니다.
Lion One Metals (OTCQX: LOMLF) a annoncé le début de l'ingénierie et de la construction d'un circuit de flottation dans son projet d'or alcalin Tuvatu, entièrement détenu, aux Fidji. Ce projet représente une expansion significative de l'opération actuelle de l'usine pilote de 300 TPD, avec des plans pour doubler la capacité à 600 TPD par étapes.
La première phase d'expansion comprend l'ajout d'un circuit de flottation avec un moulin de re-moulinage pour traiter le concentré de flottation à environ P80 20 microns avant de l'alimenter dans les circuits de prétraitement et de CIL. Selon les tests métallurgiques réalisés par le laboratoire de Lion One aux Fidji, cet ajout devrait augmenter les récupérations d'or de l'actuel 80-83% à plus de 90%.
L'entreprise a terminé l'ingénierie des fondations en béton et a commencé les préparatifs de construction. Des commandes pour des équipements en acier et pour l'usine de flottation ont été passées, la construction étant prévue pour être achevée au quatrième trimestre de 2025.
Lion One Metals (OTCQX: LOMLF) hat den Beginn der Ingenieurarbeiten und den Bau eines Flotationskreislaufs in seinem vollständig im Besitz befindlichen Tuvatu-Alkaligoldprojekt in Fidschi angekündigt. Das Projekt stellt eine bedeutende Erweiterung des aktuellen Pilotanlagenbetriebs mit 300 TPD dar, mit dem Ziel, die Kapazität schrittweise auf 600 TPD zu verdoppeln.
Die erste Ausbauphase umfasst die Hinzufügung eines Flotationskreislaufs mit einer Nachmahlmühle zur Verarbeitung des Flotationskonzentrats auf etwa P80 20 Mikrometer, bevor es in die Vorbehandlungs- und CIL-Kreisläufe eingespeist wird. Laut metallurgischen Tests, die im Labor von Lion One in Fidschi durchgeführt wurden, wird erwartet, dass diese Ergänzung die Goldausbeute von derzeit 80-83% auf über 90% erhöht.
Das Unternehmen hat die Ingenieurarbeiten für die Betonfundamente abgeschlossen und mit den Vorbereitungen für den Bau begonnen. Bestellungen für Stahl- und Flotationsanlagentechnik wurden aufgegeben, und der Bau soll im vierten Quartal 2025 abgeschlossen sein.
- Planned increase in processing capacity from 300 TPD to 600 TPD
- Expected 10% increase in gold recovery rates to over 90%
- Immediate payback expected from flotation circuit implementation
- Construction completion not until Q4 2025
North Vancouver, British Columbia--(Newsfile Corp. - March 20, 2025) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") is pleased to announce the start of engineering and construction of the flotation circuit at its
The Tuvatu gold mine is currently operating at the 300 TPD pilot plant level. The Company plans to double plant design capacity to 600 TPD with the expansion occurring in stages. The first stage of expansion is the addition of a flotation circuit that includes a regrind mill for processing flotation concentrate to approximately P80 20 microns prior to feeding the pre-treatment and CIL circuits.
Metallurgical testing conducted by the Lion One metallurgical lab in Fiji indicates that the addition of a flotation circuit will increase gold recoveries at Tuvatu by up to
Engineering of the concrete foundations of the flotation circuit has completed and construction preparation has begun. The steel and flotation plant equipment has also been ordered. Construction is anticipated to be complete in Q4 CY2025.
Lion One Chairman and President Walter Berukoff stated: "Construction of the flotation circuit is a priority for Lion One. Upon completion of construction the flotation circuit will provide immediate payback for the Company by increasing recoveries to over
Competent Person's Statement
In accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101"), William J. Witte, P.Eng., Principal Advisor to the Company, is the Qualified Person for the Company and has reviewed and is responsible for the technical and scientific content of this news release.
About Lion One Metals Limited
Lion One Metals is an emerging Canadian gold producer headquartered in North Vancouver BC, with new operations established in late 2023 at its
On behalf of the Board of Directors,
Walter Berukoff, Chairman & President
Contact Information
Email: info@liononemetals.com
Phone: 1-855-805-1250 (toll free North America)
Website: www.liononemetals.com
Neither the TSX-V nor its Regulation Service Provider accepts responsibility or the adequacy or accuracy of this release
This press release may contain statements that may be deemed to be "forward-looking statements" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals Limited's current beliefs and is based on information currently available to Lion One Metals Limited and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports, assessment reports, and other geological reports or prior exploration results. Forward-Looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the stage development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of current research and development or operational activities; competition; uncertainty as to patent applications and intellectual property rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting mining, timing and availability of external financing on acceptable terms; not realizing on the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals. Although Lion One Metals Limited has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Accordingly, readers should not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245355
FAQ
What is the expected improvement in gold recovery rates at LOMLF's Tuvatu mine after flotation circuit completion?
When will Lion One Metals (LOMLF) complete the flotation circuit construction at Tuvatu?
What is the current and planned processing capacity at LOMLF's Tuvatu gold mine?
How will the flotation circuit expansion impact LOMLF's Tuvatu project economics?
