NORTH VANCOUVER

Lion One Reports Latest Results from Its Phase 2 Infill Drill Program from Tuvatu, Fiji, Demonstrating Significant New Mineralization, Including a Bonanza Intercept of 584.07 g/t Au Over 0.30m

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Tuesday, May 31, 2022
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Results for the first 11 holes of Lion One's Phase 2 infill program on Zone 5 of their fully permitted Tuvatu alkaline gold deposit are here reported.

Key Points: 
  • Results for the first 11 holes of Lion One's Phase 2 infill program on Zone 5 of their fully permitted Tuvatu alkaline gold deposit are here reported.
  • 18.47 g/t Au over 1.20m from 104.7-105.9m, and 584.07 g/t Au over 0.30m from 122.4-122.7m from TUDDH-586 (new)
    24.72 g/t Au over 0.60m from 187.4-188.0m, incl.
  • 43.34 g/t Au over 0.30m from 187.7-188.0m from TUDDH-580 (new)
    25.23 g/t Au over 1.20m from 70.9-72.1m, incl.
  • Results of the ongoing infill drill program to date are summarized below in Table 1.

Novarc Technologies Named One of The Americas’ Fastest Growing Companies 2022 by The Financial Times

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Tuesday, April 12, 2022
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This prestigious award is presented by The Financial Times and Statista Inc., the world-leading statistics portal and industry ranking provider.

Key Points: 
  • This prestigious award is presented by The Financial Times and Statista Inc., the world-leading statistics portal and industry ranking provider.
  • Novarc placed #79 out of the 500 companies that accomplished the list, recognizing those companies that contributed the most to economic growth.
  • Out of the millions of active companies in North and South America, only 500 firms were named to the list, and Novarc is pleased to be recognized as one of The Americas Fastest Growing Companies 2022.
  • The FT list of The Americas Fastest Growing Companies 2022 illustrates Novarcs performance and growing global impact.

Lion One Announces Purchase of 2 Additional Drill Rigs and Doubles the Sampling Capacity of Its Assay Lab at Tuvatu, Fiji

Retrieved on: 
Tuesday, March 1, 2022
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Phase 2 of the infill drilling program now underway will keep 3 rigs busy for the remainder of the 2022 exploration season.

Key Points: 
  • Phase 2 of the infill drilling program now underway will keep 3 rigs busy for the remainder of the 2022 exploration season.
  • Prior to the projected expansion, the lab was operating on two 8-hour shifts, on a 5-days per week basis.
  • The Tuvatu gold deposit is located on the island of Viti Levu in the South Pacific island nation of Fiji.
  • Lion One's CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries.