Lion One Announces Commencement of Construction Work at Tuvatu Gold Project

Lion One Metals Limited is pleased to announce the start of the construction phase of the Tuvatu Gold Project with the release of the site Bulk Earthworks Contract. The Company has awarded the Contract to A.R. Quarry and Concrete Limited (ARQC), a large, reputable civil contractor based in Nadi, Fiji. ARQC won the contract in a competitive tender process with multiple bidders.

The contract scope of work includes approximately 112,000 m³ of excavation and 85,000 m³ of fill.  Specific construction activities include the following:

• mill site bulk excavation and fill for 5 platforms for the run of mine ore stockpile, the crushing plant, the processing plant, the maintenance building, and the diesel power generation plant;
• mill site road construction;
• erection of three retaining walls ranging in height from 3 m to 10 m high;
• construction of a lined storm water detention pond;
• excavation of a large diversion ditch to redirect storm water runoff around the mill site;
• installation of site drainage ditches and culverts for management of mill site storm water runoff;
• straightening of Tuvatu creek to open up additional required site area;
• rerouting of 400m of the Navilawa Road outside the mill site proper to ensure public safety and security;
• preparation of a pad for the installation of the engineered fill crushing plant;
• preparation of a pad for the installation of the mine maintenance shop and mine dry.

ARQC will begin mobilizing equipment and personnel immediately.  The earthworks are planned to be substantially complete in Q2 2018.