ASX-listed shares of Lion One Metals jump on high-grade gold find in Fiji

Lion One Metals

18/01/2021 02:26

** Shares of Lion One Metals Ltd  LLO.AX  rise as much as
18.8% to A$2.020, their highest since Sept. 28
    ** Stock posts its biggest intraday pct gain since Aug. 3
    ** Gold explorer says it struck high-grade hold, at both
deep as well as shallow levels, from two drill holes at its
wholly-owned Tuvatu alkaline gold project in Fiji  urn:newsml:reuters.com:*:nASX5GFzTy
    ** Lion One says it now plans further aggressive deep
drilling to test deeper mineralisation    
    ** More than 21,000 shares change hands, compared with
30-day average volume of about 8,000
    ** Stock up 13% this year, as of last close

 (Reporting by Rashmi Ashok in Bengaluru)
 ((Rashmi.Ashok@thomsonreuters.com; +918061822604;))