Supply: Streetwise Stories 17/01/2019
The corporate now has quick access to important gear that can be utilized at a decrease value.
Lion One Metals Ltd. (LIO: TSX.V; LOMLF: OTCQX) introduced in a press launch that it has acquired Geodrill's drilling gear to be used on its Tuvatu gold challenge in Fiji.
The belongings that Lion One bought from the exploration drilling firm primarily based in Nadi, Fiji, embrace two diamond, one floor and one subsoil drills, in addition to drill pipe, surveillance cameras and temperature displays, transport automobiles, assortment vans. The corporate had actually used the floor drilling rig for many of its exploration drilling previously 5 years.
"Lion One has additionally engaged an skilled native drilling crew that may present the corporate with cost-effective and available drilling capabilities for years to return," mentioned Lion One Basic Supervisor Stephen Mann.
The subsequent step for the corporate is to plan future drilling that may start on the finish of the wet season in Fiji, the corporate mentioned.
Learn what different consultants say:
Lion One Metals Restricted
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(firms cited: LIO: TSX.V; LOMLF: OTCQX,