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:: Lion One Commences Processing Plant Studies for Tuvatu Gold Project in Fiji
Lion One Metals have announced that the Company has engaged two independent specialist engineering firms to conduct independent processing plant studies and deliver quotations for the design, construction, and commissioning of processing plant facilities for its 100% owned Tuvatu Gold Project in Fiji. The Company expects to receive quotations and commence negotiating terms of a formal commercial agreement for a fixed price turnkey operation upon the conclusion of the studies, which are expected to be completed within approximately sixty days. The Company expects that these studies will enhance the Company's understanding of the economic potential of the Tuvatu project prior to embarking on further advanced studies which could result in an economic analysis of the project.
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