Lion One Metals Limited has announced its advisor and geology team will undertake an evaluation at the Tuvatu Gold Deposit, in Fiji – an area
Although alkaline gold deposits have similarities with low sulfidation epithermal vein deposits, they are now considered its own class of gold deposit.
This is not surprising as alkaline gold deposits are some of the largest gold deposits on earth. In late 2017, Lion One won the tender process for the remainder of the Navilawa caldera which is a large alkaline magmatic complex.
It measures approximately 7km. Lion One will use a technique called ‘bulk leach extractable gold (BLEG) to sample the entire area, in hopes to fully define the extent of gold mineralization at Navilawa. Work on this will commence post-rainy season. Further areas are expected to generate follow-up prospecting, once BLEG results are returned.
The immediate goal, however, is to generate a pipeline of new drill targets. Lion One has already envisioned its strategy for drill-testing the complex. The first being large ‘step-out’ drilling around Tuvatu’s high-grade vein system and the second being the prospect of new targets.