Lion One Announces the Start of Construction at the Tuvatu Gold Project

World News: . []

NORTH VANCOUVER, British Columbia, Nov. 14, 2017 (GLOBE NEWSWIRE) -- (TSX-V:LIO) (ASX:LLO) (OTCQX:LOMLF) (FSE:LY1) 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 m of excavation and 85,000 m of fill.  Specific construction activities include the following:

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

A ground breaking ceremony is planned inviting government officials, members of the press, and the local communities.  The general public is also welcome to attend.  The date and time will be posted on our website.

Tuvatu is located 25 km from the international airport in Nadi, on the west coast of Viti Levu in the Republic of Fiji.  Lion One’s CEO Walter Berukoff leading an experienced team of mine builders, has owned or operated over 20 mines in 7 countries.  As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders. 

Ian Chang, M.A.Sc., P.Eng., Chief Development Officer, is the Qualified Person ("QP") responsible for Tuvatu Mine development.

For more information on Lion One including technical reports please visit the Company’s website at or the SEDAR website at .

On behalf of Lion One Metals Limited Chief Development Officer

More news and information about Lion One Metals Limited

Published By:

Globe Newswire: 14:05 GMT Tuesday 14th November 2017

Published: .

Search for other references to "lion" on SPi News

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2018. [Admin Only]
Sector Publishing Intelligence Ltd.
Ground Floor Offices, Little Keep Gate, Barrack Road, Dorchester, Dorset DT1 1AH
Registered in England and Wales number 0751938.
Privacy Policy | Terms and Conditions | Contact Us

Advertising on SPi News: Information For Advertisers