Lion One Announces Gold Porphyry Exploration Work Program for 2012 Tuvatu Gold Project, Fiji

Lion One (TSXV:LIO,FWB:LY1) announced 2012 work plans for its Tuvatu gold project (“Tuvatu”) on the island of Viti Levu in Fiji.

As quoted in the press release:

Highlights of the 2011 work program were the discoveries of additional high grade surface stockwork zones, and confirmation of sufficient porphyry-style mineralization in drill core samples (see news releases dated March 22, May 27, and July 20, 2011) for the Company to justify commencing a work program to quantify the disseminated gold porphyry mineralization in addition to the currently known higher-grade epithermal resource.

The bulk work program for 2012 will continue the focus on re-sampling and re-logging work already underway. New drilling to increase continuity and test for new mineralized zones will be based upon the results of the core re-logging, IP survey and the modeling of the drill core re-sampling using the computer program Surpac®. This is expected to commence as early as Q2 2012.

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