Photo by: Bloomberg
PERTH (miningweekly.com) – ASX- and TSX-listed Lion One Metals has poured its first gold at its Tuvatu alkaline gold project in Fiji.
The company said on Wednesday that construction of the Tuvatu mine had been completed ahead of schedule, with commissioning starting in September.
The mill is expected to ramp up to 300 t/d by the end of October, and will reach a 500 t/d capacity by mid-2024.
“The first gold pour at Tuvatu is a landmark event in the history of our company. We have successfully transitioned from explorer to producer and have delivered on our promise to build the South Pacific’s newest gold mine in the heart of Fiji,” said Lion One chairperson and CEO Walter Berukoff.
“Completing construction ahead of schedule is a testament to the strength of their efforts and to the resilience of the Fijian spirit. We also thank our loyal shareholders for their continued support. This marks the beginning of our next phase of growth as we look forward to ramping up to commercial production at Tuvatu and to advancing our many other top-quality prospects throughout the Navilawa Caldera.”