Lion One Intercepts $80,078 Au
Hole TUDDH500 reported 12.7 meters of 46.14 g/t gold. In the text above the numbers it shows 7 meters but if you look at the interval it indicates 12.7 meters. That seemed incredible at first glance.
(Click on images to enlarge)
I kept reading and my eyes just about popped out when I saw 0.9 meter at 506.4 g/t Au. I should have calmed down but couldn’t when I saw the shorter interval.
Three feet of $30,955 gold is remarkable but a piece of last interval graded over a kilo of gold to the ton.
Those vein intercepts are 75 meters above the anticipated target zone indicating this is probably a bigger system than first imagined. When a cubic foot of the last intercept is worth $8000, you have a giant hole already.
The majors are going to be all over this like white on rice. I doubt there is any way they could get a commanding position without paying through the nose. Lion One is going to be bought out way before they ever come up with an updated 43-101. Anyone who understands drill results and alkaline systems also is smart enough to know what time it is.
Lion One is an advertiser and I own a lot of shares. Right now it is my 2nd biggest position. I am adding more in this latest private placement. Do your own due diligence.
Lion One Metals