Tuvatu Gold Project Phase 1 Exploration Program

Lion One Announces Results from Trenching Program, Grants Options

Vancouver, B.C., May 27, 2011. Lion One Metals Limited (TSX-V: LIO) (FSE: LY1) (the "Company") is pleased to report results from the first 1,200 meters of trenching on its Tuvatu Gold Project on the Island of Viti Levu in the Republic of Fiji.

TRENCHING PROGRAM

Subsequent to the news release dated March 22, 2011, in which the Company reported several bonanza grade gold results, geologists embarked on a test program to determine whether broad zones of lower grade, near surface gold mineralization exist in the hanging and foot walls of the many high grade Au veins either exposed on surface or in historic drill holes. Results from the March 22, news release included five samples that returned grades over 100 g/t Au, including 210.0 g/t Au across 0.05 meters, 188 g/t Au across 0.87 meters and 188.0 g/t Au across 0.70 meters. A selected sample returned 1,715 g/t Au. Significant intervals included 8.7 g/t Au across 4.8 meters from the surface expression of the north-west striking Tuvatu Lode.

Historically, former operators needed to concentrate on the underground exploitation of the high grade, narrow vein mineral resource with an average grade in excess of 8 g/t Au. However, currently strong gold prices have allowed the Company to focus on broad zones of low grade mineralization potentially exploitable by surface mining methods. In response to the results from the recent trenching program, the Company is embarking on a systematic program to continue to pursue the delineation of the extent of near surface gold mineralization, including the possibility of the existence of a near surface, lower grade oxide envelope surrounding the high grade core of the deposit previously identified.

Since mid-January, in excess of 1,200 meters of trenching has been completed within the Tuvatu Resource Area. With limited surface exposure, trenching has been found to be a very efficient and cost effective method of exploration. In addition to trenching, surface mapping and sampling, prospecting and stream sediment sampling programs are ongoing. A first phase diamond drill program designed to test several of the recently identified, near surface targets is scheduled to begin in the near future.

RESULTS

The analytical results from 187 rock samples taken from the 1,200 meters of trenching were recently received from ALS Laboratory Services. Of the 187 samples, 15 graded between 0.4 g/t Au and 1.0 g/t Au and 22 graded over 1.0 g/t Au.

Seventy nine of the 187 samples were from the 135 m long, Bench 5 West, where a broad zone of alteration and mineralization up to 60 meters wide is exposed. This structural corridor consists of mineralized veins and veinlets within a weathered and hydrothermally altered, quartz monzonite host. Mineralization predominately consists of black, crystalline quartz, calcite, chlorite, pyrite, and chalcopyrite. Intervals grading 1.50 g/t Au across 20 meters, 1.19 g/t Au across 11meters, 0.66 g/t Au across 7.5 meters and 0.68 g/t Au across 3.80 meters were exposed. Individual samples graded up to 24.3 g/t Au across 0.33 meters. This zone is located 100 meters south west of the portal, parallel to the URW1 lode.

These results give a strong indication of the existence of a near surface, lower grade, oxide envelope surrounding a high grade core. From review of historical results from underground sampling and drill programs, precious metal grades are known to increase below this leached zone. Technical staff will be in a better position to confirm their observations once the planned core re-logging and re-sampling program covering selected portions of the existing core from previous drilling stored on the site has been completed. In addition, the incorporation of a significant volume of lower grade material is expected to significantly increase the mineral resource while enhancing the open pit viability of the project.

Recent excavation of a 400 m wide trench located 1.2 km south of the portal exposed a 250 meters wide zone of hydrothermally altered monzonite that hosts nine distinct veins (UR1W through UR8). These nine lodes host the majority of the current resource base.

The test program will continue to evaluate other zones with high grade gold on surface as it is evident that the two broad envelopes of mineralization detailed above are not unique to the Tuvatu Resource Area and may also be present on other areas of the Company's property.

CORE RE-LOGGING & RE-SAMPLING PROGRAM

The Company also wishes to announce the initiation of the core re-logging and re-sampling program. The principal objectives of the program will be to identify mineralized intervals that were ignored by previous operators and integrate the new information into a revised deposit and resource model. As 3.0 g/t Au was the historical cut-off grade, Company geologists believe the economic significance of many altered and mineralized zones within the hanging and foot walls were previously overlooked. Over 60,000 meters of the 86,000 meters of drilling in over 550 holes completed on the property remain on site. Considering the significant proportion of free gold and the favorable flotation characteristics, LIO technical staff is of the opinion that 0.4 g/t Au is a reasonable cut-off grade to consider in assessing the economic viability of near surface mineralization. Historical sampling of the core appear to have focused on sections with distinct quartz veining, often leaving significant intervals in the hanging and foot walls that host either weaker veining or alteration, un-split and un-sampled. Re-evaluation of this core has the potential to significantly increase future mineral resource estimates and alter grade and pit shells that will be fundamental for accurate mine design.

QA/QC

Samples are analyzed at Australian Laboratory Services (ALS) Pty. Ltd. an independent and qualified analytical laboratory in Brisbane, Australia. Samples are first prepared and crushed at the ALS facility in Suva, Fiji. Samples are subjected to fire assay with atomic absorption finish for gold and 33 element, four acid, Inductively Coupled Plasma Spectrometry (ICP-AES). Consistent with industry standard QA/QC protocols, sample standards and blanks are inserted to ensure quality control.

GRANT OF OPTIONS

The Company also reports that it has granted incentive stock options under its 10% rolling stock option plan to officers and consultants of the Company to purchase a total of 1,685,000 common shares at $1.40 per share exercisable until May 25, 2016. The options vest subject to the terms and conditions of the Company's stock option plan. The options are subject to acceptance for filing by the TSX Venture Exchange.

THE TUVATU GOLD DEPOSIT

The Tuvatu property lies within Viti Levu Lineament, a north-west trending belt that hosts a number of alkaline volcanic centers. These include the world-class Vatukoula Gold Mine, which lies approximately 50 km's to the north east. Low sulphidation, epithermal gold veins at Tuvatu occur along the margins of the eroded Navilawa volcanic center in a multi-phase geologic environment that also hosts porphyry copper-gold and VMS style mineralization. The Fijian Islands themselves are situated along the margins of the SW Pacific Rim regional tectonic plate, the host of a number of world class epithermal gold-silver and porphyry copper-gold deposits that include Lihir, Porgera, Misima, Ok Tedi (Papua New Guinea) and Bougainville (Solomon Islands).

QUALIFIED PERSON

Darcy Krohman, P.Geo, a Qualified Person for the Company for purposes of National Instrument 43-101 has reviewed the technical information in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS
"Walter H. Berukoff"
Chairman
Lion One Metals Limited
www.liononemetals.com

For further information contact:
Investor Relations
Tel: 604-998-1250
Fax: 604-998-1253
info@liononemetals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this release.

This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals Limited's current beliefs and is based on information currently available to Lion One Metals Limited and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports, assessment reports, other geological reports or prior exploration results. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the early stage development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of current research and development or operational activities; competition; uncertainty as to patent applications and intellectual property rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting mining, timing and availability of external financing on acceptable terms; not realizing on the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals. Although Lion One Metals Limited has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

View the original article here

Tuvatu Gold Project Phase 1 Exploration Program

Lion One Announces Results from Trenching Program, Grants Options

Vancouver, B.C., May 27, 2011. Lion One Metals Limited (TSX-V: LIO) (FSE: LY1) (the "Company") is pleased to report results from the first 1,200 meters of trenching on its Tuvatu Gold Project on the Island of Viti Levu in the Republic of Fiji.

TRENCHING PROGRAM

Subsequent to the news release dated March 22, 2011, in which the Company reported several bonanza grade gold results, geologists embarked on a test program to determine whether broad zones of lower grade, near surface gold mineralization exist in the hanging and foot walls of the many high grade Au veins either exposed on surface or in historic drill holes. Results from the March 22, news release included five samples that returned grades over 100 g/t Au, including 210.0 g/t Au across 0.05 meters, 188 g/t Au across 0.87 meters and 188.0 g/t Au across 0.70 meters. A selected sample returned 1,715 g/t Au. Significant intervals included 8.7 g/t Au across 4.8 meters from the surface expression of the north-west striking Tuvatu Lode.

Historically, former operators needed to concentrate on the underground exploitation of the high grade, narrow vein mineral resource with an average grade in excess of 8 g/t Au. However, currently strong gold prices have allowed the Company to focus on broad zones of low grade mineralization potentially exploitable by surface mining methods. In response to the results from the recent trenching program, the Company is embarking on a systematic program to continue to pursue the delineation of the extent of near surface gold mineralization, including the possibility of the existence of a near surface, lower grade oxide envelope surrounding the high grade core of the deposit previously identified.

Since mid-January, in excess of 1,200 meters of trenching has been completed within the Tuvatu Resource Area. With limited surface exposure, trenching has been found to be a very efficient and cost effective method of exploration. In addition to trenching, surface mapping and sampling, prospecting and stream sediment sampling programs are ongoing. A first phase diamond drill program designed to test several of the recently identified, near surface targets is scheduled to begin in the near future.

RESULTS

The analytical results from 187 rock samples taken from the 1,200 meters of trenching were recently received from ALS Laboratory Services. Of the 187 samples, 15 graded between 0.4 g/t Au and 1.0 g/t Au and 22 graded over 1.0 g/t Au.

Seventy nine of the 187 samples were from the 135 m long, Bench 5 West, where a broad zone of alteration and mineralization up to 60 meters wide is exposed. This structural corridor consists of mineralized veins and veinlets within a weathered and hydrothermally altered, quartz monzonite host. Mineralization predominately consists of black, crystalline quartz, calcite, chlorite, pyrite, and chalcopyrite. Intervals grading 1.50 g/t Au across 20 meters, 1.19 g/t Au across 11meters, 0.66 g/t Au across 7.5 meters and 0.68 g/t Au across 3.80 meters were exposed. Individual samples graded up to 24.3 g/t Au across 0.33 meters. This zone is located 100 meters south west of the portal, parallel to the URW1 lode.

These results give a strong indication of the existence of a near surface, lower grade, oxide envelope surrounding a high grade core. From review of historical results from underground sampling and drill programs, precious metal grades are known to increase below this leached zone. Technical staff will be in a better position to confirm their observations once the planned core re-logging and re-sampling program covering selected portions of the existing core from previous drilling stored on the site has been completed. In addition, the incorporation of a significant volume of lower grade material is expected to significantly increase the mineral resource while enhancing the open pit viability of the project.

Recent excavation of a 400 m wide trench located 1.2 km south of the portal exposed a 250 meters wide zone of hydrothermally altered monzonite that hosts nine distinct veins (UR1W through UR8). These nine lodes host the majority of the current resource base.

The test program will continue to evaluate other zones with high grade gold on surface as it is evident that the two broad envelopes of mineralization detailed above are not unique to the Tuvatu Resource Area and may also be present on other areas of the Company's property.

CORE RE-LOGGING & RE-SAMPLING PROGRAM

The Company also wishes to announce the initiation of the core re-logging and re-sampling program. The principal objectives of the program will be to identify mineralized intervals that were ignored by previous operators and integrate the new information into a revised deposit and resource model. As 3.0 g/t Au was the historical cut-off grade, Company geologists believe the economic significance of many altered and mineralized zones within the hanging and foot walls were previously overlooked. Over 60,000 meters of the 86,000 meters of drilling in over 550 holes completed on the property remain on site. Considering the significant proportion of free gold and the favorable flotation characteristics, LIO technical staff is of the opinion that 0.4 g/t Au is a reasonable cut-off grade to consider in assessing the economic viability of near surface mineralization. Historical sampling of the core appear to have focused on sections with distinct quartz veining, often leaving significant intervals in the hanging and foot walls that host either weaker veining or alteration, un-split and un-sampled. Re-evaluation of this core has the potential to significantly increase future mineral resource estimates and alter grade and pit shells that will be fundamental for accurate mine design.

QA/QC

Samples are analyzed at Australian Laboratory Services (ALS) Pty. Ltd. an independent and qualified analytical laboratory in Brisbane, Australia. Samples are first prepared and crushed at the ALS facility in Suva, Fiji. Samples are subjected to fire assay with atomic absorption finish for gold and 33 element, four acid, Inductively Coupled Plasma Spectrometry (ICP-AES). Consistent with industry standard QA/QC protocols, sample standards and blanks are inserted to ensure quality control.

GRANT OF OPTIONS

The Company also reports that it has granted incentive stock options under its 10% rolling stock option plan to officers and consultants of the Company to purchase a total of 1,685,000 common shares at $1.40 per share exercisable until May 25, 2016. The options vest subject to the terms and conditions of the Company's stock option plan. The options are subject to acceptance for filing by the TSX Venture Exchange.

THE TUVATU GOLD DEPOSIT

The Tuvatu property lies within Viti Levu Lineament, a north-west trending belt that hosts a number of alkaline volcanic centers. These include the world-class Vatukoula Gold Mine, which lies approximately 50 km's to the north east. Low sulphidation, epithermal gold veins at Tuvatu occur along the margins of the eroded Navilawa volcanic center in a multi-phase geologic environment that also hosts porphyry copper-gold and VMS style mineralization. The Fijian Islands themselves are situated along the margins of the SW Pacific Rim regional tectonic plate, the host of a number of world class epithermal gold-silver and porphyry copper-gold deposits that include Lihir, Porgera, Misima, Ok Tedi (Papua New Guinea) and Bougainville (Solomon Islands).

QUALIFIED PERSON

Darcy Krohman, P.Geo, a Qualified Person for the Company for purposes of National Instrument 43-101 has reviewed the technical information in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS
"Walter H. Berukoff"
Chairman
Lion One Metals Limited
www.liononemetals.com

For further information contact:
Investor Relations
Tel: 604-998-1250
Fax: 604-998-1253
info@liononemetals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this release.

This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals Limited's current beliefs and is based on information currently available to Lion One Metals Limited and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports, assessment reports, other geological reports or prior exploration results. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the early stage development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of current research and development or operational activities; competition; uncertainty as to patent applications and intellectual property rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting mining, timing and availability of external financing on acceptable terms; not realizing on the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals. Although Lion One Metals Limited has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

View the original article here

Lion One Metals Commences First Phase Exploration Program At Tuvatu Project In Fiji

Initial Channel Sample Results Include 119 g/t Au Across 0.43 Meters

Vancouver, B.C., February 16, 2011. Lion One Metals Limited (TSX-V: LIO) (FSE: LY1) (the "Company") reports that it has commenced a First Phase exploration program on its Tuvatu Gold Project on the Island of Viti Levu in the Fijian Islands. Surface sampling work conducted in December 2010 confirmed the presence of gold-bearing veins and veinlets near the portal of the Tuvatu exploration decline. Initial results include assays of 119 g/t Au across 0.43 meters (see attached table). The company has followed up with a 1,000 meter trenching program to test these surface expressions and those in adjoining and adjacent areas.

Current Exploration Focus

The focus area for trenching is the surface area near the portal of the Tuvatu exploration decline, a 1.6 kilometer development tunnel completed by Emperor Gold Mines ("Emperor") in 2000. The decline was originally completed with the objective of test mining historic underground mineral reserves and resources. The Company's principal objectives in this area are to expose and confirm the dimensions of the structures controlling precious metal mineralization related to the Tuvatu Lode, H Lode, and the Core Shed Fault (CSF). The CSF is a 60 meter wide, east-west trending shear zone exposed near the portal of the decline which can be traced for over 5 kilometers along strike. The Tuvatu and H Lodes are 5 to 40 meters wide and are characterized by porphyry-style copper mineralization, with the H Lode being crosscut locally by epithermal gold veins, and the Tuvatu Lode characterized by potassic alteration and hosting, chalcopyrite and biotite. The recent surface sampling program has confirmed the presence of gold bearing veins and veinlets within the CSF and the Tuvatu and H Lodes. The current trenching program will test the extent and grade of the precious metal mineralization across the structure and along strike of the CSF, as well as the Tuvatu and H Lodes.

The 1,000 meter program commenced in January and will also encompass selected targets in the surrounding area. A total of 800 meters of trenching have been completed and assays are pending for the work done to date.

Previous Work

Past operators including Emperor focused on the high grade underground lodes at Tuvatu as a source of feed for the nearby mill at the Vatukoula mine. Previous work at Tuvatu includes over 80,000 meters of surface and underground drilling, metallurgical testing, resource and reserve estimation, completion of a feasibility study (by Emperor and Bateman Engineering) and construction of the exploration decline. While JORC compliant mineral reserves had been previously delineated and disclosed by Emperor, current mineral resources estimated in accordance with CIM definitions include indicated resources of 172,000 ounces (760,000 tonnes grading 7.05 g/t Au) and inferred resources of 480,000 ounces (2.618 million tonnes grading 5.71 g/t Au) at 2.0 g/t Au cut off. While the nuggety nature of the gold mineralization necessitated a 40 g/t Au grade cap for resource estimation purposes, numerous intercepts exceed this cap (i.e. up to 1,620 g/t Au across 0.5 m). This characteristic leads management to believe the contained gold content could prove significantly greater than that currently estimated.

A challenging economic environment for precious metals in the late 1990's and the high grade nature of the gold mineralization within the individual lodes necessitated that the Emperor feasibility study focus on the identification of underground resources for exploitation by underground mining methods. With the advantage of significantly improved commodity prices management looks to expand both the existing underground resource and assess the lower grade, bulk tonnage mineralization that may be amenable to open pit mining.

Numerous High-Grade Targets within and around the Tuvatu Resource Area

Mapping and sampling programs completed during the past three years by the Company's geological team within the Company's tenements have identified 10 additional high grade gold and base metal targets. These discoveries have precipitated a renewed approach to the exploration of the property focusing on both the underground and surface potential of the property. These recently identified occurrences have returned assay results up to 290 g/t Au in selected samples.

Tuvatu is part of a high grade gold system that remains open both at depth and along strike in all directions, well outside the area previously delineated as the "Tuvatu Resource Area". In addition to re-logging and re-sampling the significant intersections from the 80,000 meters of drilling previously completed on the property, management is currently placing renewed attention on the high grade surface outcrops that received limited attention previously. By trenching in many of these areas, the Company expects to quickly and inexpensively identify and refine a number of shallow drill targets.

Samples are analyzed at ALS Chemex, an independent and qualified analytical laboratory in Brisbane, Australia. Samples are first prepared and crushed at the ALS facility on Suva, Fiji. Gold is determined by fire assay and a suite of 30 additional elements by Inductively Coupled Plasma Spectrometry (ICP). Consistent with industry standard practice, sample standards and blanks and other control methods are used to ensure quality control.

Qualified Person

Darcy Krohman, P.Geo, a Qualified Person for the Company for purposes of National Instrument 43-101 has reviewed the technical information in this news release.

Selected assay results in excess of 1.0 g/t Au from the surface sampling program include:

0.20 m chip sample from Jomaki Creek0.21 m chip sample from Jomaki Creek0.35 m chip sample from Bubura0.22 m chip sample from oxidized shear zone -- UR2 Lode0.76 m chip sample from oxidized shear zone -- UR2 Lode0.46 m chip sample? from oxidized shear zone -- UR2 Lode0.33 m chip sample from oxidized shear zone -- UR2 Lode0.71 m chip sample from oxidized shear zone -- UR2 Lode1.0 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode0.40 m chip sample -Tuvatu Lode0.48 m chip sample - Bubura creek0.20 m chip sample - Bubura creek1.0 m chip sample -Tuvatu Lode 1.0 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode0.6 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode0.70 m chip sample -Tuvatu Lode0.75 m chip sample -- Shear zone between UR2 & UR30.70 m chip sample -Tuvatu Lode1.0 m chip sample? - Tuvatu & H Lode1.0 m chip sample - Tuvatu & H Lode1.0 m chip sample - Tuvatu & H Lode1.0 m chip sample - Tuvatu & H Lode1.0 m chip sample -Tuvatu & H Lode1.0 m chip sample -Tuvatu & H Lode0.4 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode

ON BEHALF OF THE BOARD OF DIRECTORS

Walter H. Berukoff, Chairman & Director

This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals Limited's current beliefs and is based on information currently available to Lion One Metals Limited and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports, assessment reports, other geological reports or prior exploration results. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the early stage development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of current research and development or operational activities; competition; uncertainty as to patent applications and intellectual property rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting mining, timing and availability of external financing on acceptable terms; not realizing on the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals. Although Lion One Metals Limited has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact

Lion One Metals Limited
Investor Relations
604-998-1250
604-998-1253 (FAX)
info@liononemetals.com
www.liononemetals.com

View the original article here

Lion One Metals Commences First Phase Exploration Program At Tuvatu Project In Fiji

Initial Channel Sample Results Include 119 g/t Au Across 0.43 Meters

Vancouver, B.C., February 16, 2011. Lion One Metals Limited (TSX-V: LIO) (FSE: LY1) (the "Company") reports that it has commenced a First Phase exploration program on its Tuvatu Gold Project on the Island of Viti Levu in the Fijian Islands. Surface sampling work conducted in December 2010 confirmed the presence of gold-bearing veins and veinlets near the portal of the Tuvatu exploration decline. Initial results include assays of 119 g/t Au across 0.43 meters (see attached table). The company has followed up with a 1,000 meter trenching program to test these surface expressions and those in adjoining and adjacent areas.

Current Exploration Focus

The focus area for trenching is the surface area near the portal of the Tuvatu exploration decline, a 1.6 kilometer development tunnel completed by Emperor Gold Mines ("Emperor") in 2000. The decline was originally completed with the objective of test mining historic underground mineral reserves and resources. The Company's principal objectives in this area are to expose and confirm the dimensions of the structures controlling precious metal mineralization related to the Tuvatu Lode, H Lode, and the Core Shed Fault (CSF). The CSF is a 60 meter wide, east-west trending shear zone exposed near the portal of the decline which can be traced for over 5 kilometers along strike. The Tuvatu and H Lodes are 5 to 40 meters wide and are characterized by porphyry-style copper mineralization, with the H Lode being crosscut locally by epithermal gold veins, and the Tuvatu Lode characterized by potassic alteration and hosting, chalcopyrite and biotite. The recent surface sampling program has confirmed the presence of gold bearing veins and veinlets within the CSF and the Tuvatu and H Lodes. The current trenching program will test the extent and grade of the precious metal mineralization across the structure and along strike of the CSF, as well as the Tuvatu and H Lodes.

The 1,000 meter program commenced in January and will also encompass selected targets in the surrounding area. A total of 800 meters of trenching have been completed and assays are pending for the work done to date.

Previous Work

Past operators including Emperor focused on the high grade underground lodes at Tuvatu as a source of feed for the nearby mill at the Vatukoula mine. Previous work at Tuvatu includes over 80,000 meters of surface and underground drilling, metallurgical testing, resource and reserve estimation, completion of a feasibility study (by Emperor and Bateman Engineering) and construction of the exploration decline. While JORC compliant mineral reserves had been previously delineated and disclosed by Emperor, current mineral resources estimated in accordance with CIM definitions include indicated resources of 172,000 ounces (760,000 tonnes grading 7.05 g/t Au) and inferred resources of 480,000 ounces (2.618 million tonnes grading 5.71 g/t Au) at 2.0 g/t Au cut off. While the nuggety nature of the gold mineralization necessitated a 40 g/t Au grade cap for resource estimation purposes, numerous intercepts exceed this cap (i.e. up to 1,620 g/t Au across 0.5 m). This characteristic leads management to believe the contained gold content could prove significantly greater than that currently estimated.

A challenging economic environment for precious metals in the late 1990's and the high grade nature of the gold mineralization within the individual lodes necessitated that the Emperor feasibility study focus on the identification of underground resources for exploitation by underground mining methods. With the advantage of significantly improved commodity prices management looks to expand both the existing underground resource and assess the lower grade, bulk tonnage mineralization that may be amenable to open pit mining.

Numerous High-Grade Targets within and around the Tuvatu Resource Area

Mapping and sampling programs completed during the past three years by the Company's geological team within the Company's tenements have identified 10 additional high grade gold and base metal targets. These discoveries have precipitated a renewed approach to the exploration of the property focusing on both the underground and surface potential of the property. These recently identified occurrences have returned assay results up to 290 g/t Au in selected samples.

Tuvatu is part of a high grade gold system that remains open both at depth and along strike in all directions, well outside the area previously delineated as the "Tuvatu Resource Area". In addition to re-logging and re-sampling the significant intersections from the 80,000 meters of drilling previously completed on the property, management is currently placing renewed attention on the high grade surface outcrops that received limited attention previously. By trenching in many of these areas, the Company expects to quickly and inexpensively identify and refine a number of shallow drill targets.

Samples are analyzed at ALS Chemex, an independent and qualified analytical laboratory in Brisbane, Australia. Samples are first prepared and crushed at the ALS facility on Suva, Fiji. Gold is determined by fire assay and a suite of 30 additional elements by Inductively Coupled Plasma Spectrometry (ICP). Consistent with industry standard practice, sample standards and blanks and other control methods are used to ensure quality control.

Qualified Person

Darcy Krohman, P.Geo, a Qualified Person for the Company for purposes of National Instrument 43-101 has reviewed the technical information in this news release.

Selected assay results in excess of 1.0 g/t Au from the surface sampling program include:

0.20 m chip sample from Jomaki Creek0.21 m chip sample from Jomaki Creek0.35 m chip sample from Bubura0.22 m chip sample from oxidized shear zone -- UR2 Lode0.76 m chip sample from oxidized shear zone -- UR2 Lode0.46 m chip sample? from oxidized shear zone -- UR2 Lode0.33 m chip sample from oxidized shear zone -- UR2 Lode0.71 m chip sample from oxidized shear zone -- UR2 Lode1.0 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode0.40 m chip sample -Tuvatu Lode0.48 m chip sample - Bubura creek0.20 m chip sample - Bubura creek1.0 m chip sample -Tuvatu Lode 1.0 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode0.6 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode1.0 m chip sample -Tuvatu Lode0.70 m chip sample -Tuvatu Lode0.75 m chip sample -- Shear zone between UR2 & UR30.70 m chip sample -Tuvatu Lode1.0 m chip sample? - Tuvatu & H Lode1.0 m chip sample - Tuvatu & H Lode1.0 m chip sample - Tuvatu & H Lode1.0 m chip sample - Tuvatu & H Lode1.0 m chip sample -Tuvatu & H Lode1.0 m chip sample -Tuvatu & H Lode0.4 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode1.0 m chip sample - Tuvatu Lode

ON BEHALF OF THE BOARD OF DIRECTORS

Walter H. Berukoff, Chairman & Director

This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals Limited's current beliefs and is based on information currently available to Lion One Metals Limited and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports, assessment reports, other geological reports or prior exploration results. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the early stage development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of current research and development or operational activities; competition; uncertainty as to patent applications and intellectual property rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting mining, timing and availability of external financing on acceptable terms; not realizing on the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals. Although Lion One Metals Limited has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact

Lion One Metals Limited
Investor Relations
604-998-1250
604-998-1253 (FAX)
info@liononemetals.com
www.liononemetals.com

View the original article here

Meet the Grunion program Friday night at Cabrillo Marine Aquarium

Meet the Grunion program Friday night at Cabrillo Marine Aquarium - latimes.com body {background-color:#ffffff !important;}ul#root li.navLink a {padding-top:17px; padding-right:4px; padding-bottom:16px; padding-left: 5px;} Subscribe/Manage Account Place Ad LAT Store Jobs Cars Real Estate Rentals Classifieds Custom Publishing Sports HOME LOCAL L.A. Now Politics Crime Education O.C. Westside Neighborhoods Environment Obituaries Findlocal U.S. Politics Now Top of the Ticket Science & Environment Obituaries Religion WORLD Afghanistan & Pakistan Africa Asia Europe Iran Iraq Latin America Mexico Under Siege Middle East Business Money & Co. Technology Personal Finance Small Business Company Town Jobs Real Estate Autos SPORTS Lakers Clippers Dodgers Angels NFL Ducks/Kings USC UCLA Soccer High Schools Scores/Stats ENTERTAINMENT Movies Television Music Celebrity Arts & Culture Company Town Calendar The Envelope Findlocal Health Booster Shots Fitness & Nutrition Medicine Behavior Healthcare Reform Hospitals Living Home Food Image Books Findlocal Brand X Magazine Your Scene Cars Travel California Hawaii Mexico Las Vegas Europe Travel & Deal Blog Destinations Opinion Editorials Op-Ed Letters Opinion L.A. Deals Save: Deals Go: Travel Eat: Food Wear: Apparel Live: Everyday Needs Play: Electronics Drive More Mobile Site Subscribe / Manage Account Print Ads Place an Ad LAT Store Jobs Cars Real Estate Rentals More Classifieds Weekly Ad#inTheNews {min-height:20px;} Advanced Search Advanced Search X include all of these words: include any of these words: include this exact phrase: exclude: Select a date range this week past 30 days past 3 months past year Create a custom date range From: To: OutpostsOutdoors, action, adventure« Previous Post |Outposts Home| Next Post »

Meet the Grunion program Friday night at Cabrillo Marine AquariumComments (0) June 2, 2011 | 10:58am

Cabrillo Marine Aquarium in San Pedro will be holding its Meet the Grunion program Friday night.

The aquarium exhibit hall will open at 8 p.m., with a film on grunion to be screened at 9. Admission is $5 for adults and $1 for seniors, children and students. Tickets can be purchased at the door (cash only).

Afterward, those who wish to participate will head to the beach to await the spawning run, which has a projected two-hour window of 10:35 p.m. to 12:35 a.m.

Grunion runs are a sight to behold. For four consecutive nights, beginning on full and new moon phases during spring and summer, the small silvery fish leave the water to spawn on beaches. The shoreline may glisten with fish as the silversides attempt to lay and fertilize their eggs.

Grunion may only be caught in the months of March, June and July, and only by hand. Catchers 16 and older must possess a valid state fishing license.

There is no limit to the number of fish that may be caught, but the California Department of Fish and Game asks that people only catch what they will eat.

The program will be offered again June 17 and July 16.

Cabrillo Marine Aquarium is at 3720 Stephen M. White Drive in San Pedro. Directions and parking information is available on the aquarium's website.

-- Kelly Burgess
twitter.com/latimesoutposts

Photo: Grunion scramble to get onto the beach to spawn. Credit: Bob Chamberlin / Los Angeles Times

Twitter: @latimesoutpostsFacebook: latimesMore in: Animal behavior, Educational, Event Preview, Marine environment, Nature, Science.entry {border-bottom:0px; padding-bottom:0px;}#sponsored1 {margin-bottom:15px;} PreviousNext More from OutpostsIrvine Lake trout congregating at Woody’s Cove in morning; crappie perk up in afternoon'Only in America' revisited: Boater taking new voyage with hopes of similar outcome
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About the BloggersOutposts' primary contributor is Kelly Burgess.
Recent PostsA heartfelt goodbye from Outposts  | June 2, 2011, 2:37 pm »'Only in America' revisited: Boater taking new voyage with hopes of similar outcome | June 2, 2011, 12:13 pm »Meet the Grunion program Friday night at Cabrillo Marine Aquarium | June 2, 2011, 10:58 am »Irvine Lake trout congregating at Woody’s Cove in morning; crappie perk up in afternoon | June 2, 2011, 8:41 am »Jumping sturgeon breaks boater's leg | June 1, 2011, 12:05 pm »
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Meet the Grunion program Friday night at Cabrillo Marine Aquarium

Meet the Grunion program Friday night at Cabrillo Marine Aquarium - latimes.com body {background-color:#ffffff !important;}ul#root li.navLink a {padding-top:17px; padding-right:4px; padding-bottom:16px; padding-left: 5px;} Subscribe/Manage Account Place Ad LAT Store Jobs Cars Real Estate Rentals Classifieds Custom Publishing Sports HOME LOCAL L.A. Now Politics Crime Education O.C. Westside Neighborhoods Environment Obituaries Findlocal U.S. Politics Now Top of the Ticket Science & Environment Obituaries Religion WORLD Afghanistan & Pakistan Africa Asia Europe Iran Iraq Latin America Mexico Under Siege Middle East Business Money & Co. Technology Personal Finance Small Business Company Town Jobs Real Estate Autos SPORTS Lakers Clippers Dodgers Angels NFL Ducks/Kings USC UCLA Soccer High Schools Scores/Stats ENTERTAINMENT Movies Television Music Celebrity Arts & Culture Company Town Calendar The Envelope Findlocal Health Booster Shots Fitness & Nutrition Medicine Behavior Healthcare Reform Hospitals Living Home Food Image Books Findlocal Brand X Magazine Your Scene Cars Travel California Hawaii Mexico Las Vegas Europe Travel & Deal Blog Destinations Opinion Editorials Op-Ed Letters Opinion L.A. Deals Save: Deals Go: Travel Eat: Food Wear: Apparel Live: Everyday Needs Play: Electronics Drive More Mobile Site Subscribe / Manage Account Print Ads Place an Ad LAT Store Jobs Cars Real Estate Rentals More Classifieds Weekly Ad#inTheNews {min-height:20px;} Advanced Search Advanced Search X include all of these words: include any of these words: include this exact phrase: exclude: Select a date range this week past 30 days past 3 months past year Create a custom date range From: To: OutpostsOutdoors, action, adventure« Previous Post |Outposts Home| Next Post »

Meet the Grunion program Friday night at Cabrillo Marine AquariumComments (0) June 2, 2011 | 10:58am

Cabrillo Marine Aquarium in San Pedro will be holding its Meet the Grunion program Friday night.

The aquarium exhibit hall will open at 8 p.m., with a film on grunion to be screened at 9. Admission is $5 for adults and $1 for seniors, children and students. Tickets can be purchased at the door (cash only).

Afterward, those who wish to participate will head to the beach to await the spawning run, which has a projected two-hour window of 10:35 p.m. to 12:35 a.m.

Grunion runs are a sight to behold. For four consecutive nights, beginning on full and new moon phases during spring and summer, the small silvery fish leave the water to spawn on beaches. The shoreline may glisten with fish as the silversides attempt to lay and fertilize their eggs.

Grunion may only be caught in the months of March, June and July, and only by hand. Catchers 16 and older must possess a valid state fishing license.

There is no limit to the number of fish that may be caught, but the California Department of Fish and Game asks that people only catch what they will eat.

The program will be offered again June 17 and July 16.

Cabrillo Marine Aquarium is at 3720 Stephen M. White Drive in San Pedro. Directions and parking information is available on the aquarium's website.

-- Kelly Burgess
twitter.com/latimesoutposts

Photo: Grunion scramble to get onto the beach to spawn. Credit: Bob Chamberlin / Los Angeles Times

Twitter: @latimesoutpostsFacebook: latimesMore in: Animal behavior, Educational, Event Preview, Marine environment, Nature, Science.entry {border-bottom:0px; padding-bottom:0px;}#sponsored1 {margin-bottom:15px;} PreviousNext More from OutpostsIrvine Lake trout congregating at Woody’s Cove in morning; crappie perk up in afternoon'Only in America' revisited: Boater taking new voyage with hopes of similar outcome
Post a commentIf you are under 13 years of age you may read this message board, but you may not participate.
Here are the full legal terms you agree to by using this comment form.Comments are moderated, and will not appear until they've been approved.

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About the BloggersOutposts' primary contributor is Kelly Burgess.
Recent PostsA heartfelt goodbye from Outposts  | June 2, 2011, 2:37 pm »'Only in America' revisited: Boater taking new voyage with hopes of similar outcome | June 2, 2011, 12:13 pm »Meet the Grunion program Friday night at Cabrillo Marine Aquarium | June 2, 2011, 10:58 am »Irvine Lake trout congregating at Woody’s Cove in morning; crappie perk up in afternoon | June 2, 2011, 8:41 am »Jumping sturgeon breaks boater's leg | June 1, 2011, 12:05 pm »
Recent CommentsOn: A heartfelt goodbye from Outposts NO MORE OUTDOORS THEN THERE WILL BE NO MORE LA TIMES FOR ME.  ...-- JOHNOn: A heartfelt goodbye from Outposts I love Outposts! Wheres a person to go for out of the mainstream sports? Your work is appreciated and will be missed. ...-- NikiOn: A heartfelt goodbye from Outposts KELLY YOUR OUTPOSTS COLUMN IS THE BEST. IM NOT GOING TO CALL IT WAS THE BEST, BECAUSE, SOMETIME IN THE NEAR FUTURE IT WILL COME BACK. YOU COLUMN WAS A ...-- LARRY
Categoriesabaloneaction sportsadventureaids/lifecyclealaskaanimal attacksanimal behavioranimal rightsarcheryartatv ridingaustraliaaviationbaja californiabass fishingbearsbig bear lakebirdingbmxboating and water sportsbodysurfingbow-huntingbreaking newscabo san lucascampingcatalinacelebritiescharityclimbingconservationcosta ricacrocodilescyclingdaredevil sportsdeath valleydew tourdinosaursdolphinseagleseastern sierraeducationalelkendangered species actenvironmentevent previewevent reviewfalconryfall colorsfilmfires, landslides and natural disastersfish and game q&afisheriesfishingfishing seminarsfishing tournamentsfly-fishingfree-divingfreeskiingfreestyle motocrossfreshwater fishinggreat barrier reefgreat white sharksgunshawaiihealth and fitnesshikinghorseback ridinghuntinghurricanes/tropical stormsiditarodirvine lakekayakingkiller whaleskite-boardingkite-surfingl.a. marathonla paz, bcslake isabellalazy marathonerlifestyle and fitnesslobster fishingmammoth lakesmammoth mountainmarine environmentmarine mammalsmavericksmexicomotocrossmountain lionsmountain-bikingmountaineeringmt. baldymt. everestmusicnational parksnaturenew zealandocean racingoff-road recreationolympicsoutdoor productsparks and forestspassingspetaphotographypiracypoachingpoliticspollutionpro snowboardingpro surfingrally car racingrock climbingrosarito beachrunning and bi/triathlonssailingsaltwater fishingsan felipesciencescuba-divingsea serpentsseafoodshark attacksshark finningshark-divingsharksshooting sportsskateboardingski reportskiingskydivingsled dog racingsnakessnorkelingsnowboardingsnowmobile racingsnowmobilingspearfishingstandup paddle surfingstate parkssupercrosssurfingswimmingtall shipstarget shootingtelevisiontrappingtraveltrout fishingtrout plantstsunamisturkey huntingvideovolcanoesweaponsweatherwhale-watchingwhaleswhalingwildlifewinter dew tourwinter sportswinter x gameswolvesx gamesyear in reviewyellowstone national parkyosemite national park

ArchivesJune 2011May 2011April 2011March 2011February 2011January 2011December 2010November 2010October 2010September 2010August 2010July 2010June 2010May 2010April 2010March 2010February 2010January 2010December 2009November 2009October 2009September 2009August 2009July 2009June 2009May 2009April 2009March 2009February 2009January 2009December 2008November 2008October 2008September 2008August 2008July 2008June 2008May 2008 
More from The Times24 FramesAfterwordAll The RageAwards TrackerBabylon & BeyondBig PictureBooster ShotsBrand XCompany TownCulture MonsterDaily DishDodgers BlogFabulous ForumFrameworkGreenspaceHero ComplexHomicide ReportJacket CopyL.A. at HomeL.A. NowL.A. Times on TumblrL.A. UnleashedLa PlazaLakersMinistry of GossipMoney & Co.Opinion L.A.PolitiCalPolitics NowPop & HissReaders' RepresentativeShow TrackerTechnologyTop of the TicketTravel News & DealsVarsity Times Insider




Corrections Horoscopes Media Kit About Us Contact Us Site Map
Coastline Pilot | Daily Pilot |Huntington Beach Independent | Valley Sun | Burbank Leader | News Press |KTLA |Hoy | Brand X | LA, Los Angeles Times Magazine | ZAP2itBaltimore Sun |Chicago Tribune |Daily Press |Hartford Courant |LA Times |Orlando Sentinel |Sun Sentinel |The Morning Call

Terms of Service | Privacy Policy | Los Angeles Times, 202 West 1st Street, Los Angeles, California, 90012 | Copyright 2011

A Tribune Web site

View the original article here