# Lion One Reports 3,796 oz in Quarterly Gold Recovery, Delivery of LM90 Underground Drill Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lion-one-reports-3-796-oz-in-quarterly-gold-recovery-delivery-of-lm90-undergroun--49e5d447-ea5f-4e5b-96c2-e62622053d29 Original source: https://orestocks.com/company/LIO.V/press-releases/7529349870632978 Publisher: orestocks Original announcement: 2026-10-20T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-20T13:22:26.093Z Atlas analysis updated: 2026-10-20T13:22:26.093Z - Company: Lion One Metals Limited - Ticker: LIO.V - Exchange: Unavailable - Region: Fiji - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Production, Other, Metallurgy - Extracted: 2026-10-20 13:22:26 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Lion One Metals reported record quarterly gold production of 4,678 oz at the Tuvatu Gold Mine, representing a 15% increase over the previous quarter. The company also announced the arrival and commencement of operations for a new LM90 underground drill rig to support resource expansion. Reasoning: The company reported record quarterly gold production and significant throughput increases, though recovery saw a marginal decline and capital development was hampered by equipment downtime. - Positive factor: 15% increase in production compared to previous quarter - Positive factor: Record quarterly gold delivery from Tuvatu - Positive factor: Strong mill utilization of 95.1% - Positive factor: Continuous improvement in safety \(TRIF\) - Negative factor: 1% drop in gold recovery compared to previous quarter - Negative factor: Capital development impacted by equipment availability \(59% jumbo availability\) Facts used in scoring: 2 ## Classification and evidence **Production Increase** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Gold production increased by 15% compared to the previous quarter. Evidence · text > This is a 15% increase in production compared to the previous quarter **Record Production** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: Total gold production of 4,678 oz is a record quarterly gold delivery from Tuvatu. Evidence · text > Total gold production for the quarter was therefore 4,678 oz of gold during the quarter... a record quarterly gold delivery from Tuvatu. **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("gravity"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Metallurgical Results (2) ### mill [Link to this fact](https://atlas-staging.minestarters.com/news/lion-one-reports-3-796-oz-in-quarterly-gold-recovery-delivery-of-lm90-undergroun--49e5d447-ea5f-4e5b-96c2-e62622053d29#fact-metallurgical-facts-0) Tuvatu Gold Mine · gold #### Identity - Project: Tuvatu Gold Mine - Commodity: gold - Region: fiji - Reported Region: Fiji - Ticker: LIO.V #### Test Work - Program Status: optimization - Test Type: mill - Sample: mill operations #### Recovery - Recovery: 83.8 % - Recovery Basis: actual\_test - Head Grade: 4.3 - Head Grade Unit: g/t #### Lab - Laboratory: Lion One Laboratory #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: Recovery of 83.8% is solid but slightly lower than the previous quarter's record of 84.9%. - Positive factor: Consistent head grade - Negative factor: 1% drop from previous quarter Evidence · text > Gold recovery was 83.8%, which is a 1% drop from the previous quarter ### mill [Link to this fact](https://atlas-staging.minestarters.com/news/lion-one-reports-3-796-oz-in-quarterly-gold-recovery-delivery-of-lm90-undergroun--49e5d447-ea5f-4e5b-96c2-e62622053d29#fact-metallurgical-facts-1) Tuvatu Gold Mine · gold #### Identity - Project: Tuvatu Gold Mine - Commodity: gold - Region: fiji - Reported Region: Fiji - Ticker: LIO.V #### Test Work - Program Status: optimization - Test Type: mill - Sample: mill operations #### Recovery - Recovery: 83.8 % - Recovery Basis: actual\_test - Head Grade: 4.3 - Head Grade Unit: g/t #### Lab - Laboratory: Lion One Laboratory #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: Recovery of 83.8% is solid but slightly lower than the previous quarter's record of 84.9%. - Positive factor: Consistent head grade - Negative factor: 1% drop from previous quarter Evidence · text > average head grade of 4.3 g/t gold ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.