Lion One Metals: A Gold Mine of Opportunities

Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) has recently announced record mine operating income of C$6.3M for the quarter ending December 31, 2024, marking a significant milestone for the company. This impressive financial performance is a testament to Lion One's strategic focus on improving operational efficiency, cost-cutting, and resource expansion. Additionally, the company's internal assay laboratory has achieved ISO 17025 accreditation, further enhancing its competitiveness in the mining sector.



Lion One's record mine operating income of C$6.3M in Q4 CY2024 represents a 312% increase from the previous quarter, driven by a combination of factors:

1. Increased gold production: The company has consistently improved gold grades and recoveries since the Tuvatu processing plant was commissioned in early 2024. This has led to a significant increase in gold production, with 4,741 oz sold in Q4 CY2024, a 52% increase from the previous quarter.
2. Improved cost-cutting program: Lion One implemented an aggressive cost-cutting program during the 6 months ending December 2024, resulting in a 13% reduction in cost of sales per ounce of gold for Q4 CY2024 compared to the previous quarter. The average cost of gold sales decreased from C$2,843 to C$2,465 per ounce.
3. Resource expansion potential: During the quarter, 56% of the high-grade mineralized material mined at Tuvatu was outside the current Mineral Resource Estimate (MRE). This material was added to the resource based on infill and grade control drilling completed after the MRE cutoff date of March 25, 2024, indicating potential for resource expansion at Tuvatu.

Lion One's internal assay laboratory achieving ISO 17025 accreditation is another significant achievement for the company. This accreditation ensures that the lab's testing and calibration methods meet international standards, resulting in more accurate and reliable data. The lab can process over 10,000 samples monthly and provides rapid turnaround times for drill and mill assay results, enabling the company to react quickly to high-grade drill intercepts and optimize its mining and exploration activities.

In conclusion, Lion One Metals' record mine operating income and assay lab accreditation demonstrate the company's commitment to operational excellence, cost efficiency, and resource expansion. These achievements position Lion One as a strong player in the mining sector, with a promising future ahead. As an investor, keeping an eye on Lion One's progress and developments is a strategic move in the ever-evolving mining landscape.