Showing posts with label GCM. Show all posts
Showing posts with label GCM. Show all posts

2022-06-06

Monster Hit at Lion One

CEO.ca:Lion One Discovers Major New Gold Feeder Structure - 20.86 G/t Au over 75.9 Meters at Depth Beneath the Current Resource at Tuvatu, Fiji
the discovery of a major new feeder structure at its Tuvatu Alkaline Gold Project in Fiji. Hole TUG-141, targeting a complex network of high-grade structures called the 500 Zone, has encountered the longest high-grade intercept yet recorded at Tuvatu, 20.86 g/t Au over 75.9m, including 43.62 g/t Au over 30.0m which includes 90.35 g/t Au over 7.2m. The new discovery is located at depth beneath the current resource fully within the permit boundaries of the Tuvatu mining lease.
The blue horizontal should hold as support with this news and quite possible a new breakout begins. This is my top undervalued+conservative near-producer pick. GCM is my conservative+producer pick.