Lion One Metals Limited (TSXV: LIO, OTCQX: LOMLF) just posted a great quarter for its Tuvatu Gold Mine in Fiji, pulling out around 4,200 ounces of gold for the three months ending September 30, 2025. That’s a solid jump, about 31% higher than the previous quarter—thanks to improvements in the quality of ore, better recovery rates, and more intense underground development. The average gold grade in the ore shot up 39% to 5.1 grams per tonne, and gold recovery reached a new high at 83.9%, showing the team is running both the mine and mill efficiently.
Over the quarter, the mill processed just under 30,000 tonnes of ore, hitting an average of 328 tonnes a day, above the stated capacity of 300 tonnes daily. Despite a planned four-day maintenance break, the mill kept up 91% utilization. The company expects even better recovery rates soon after finishing the installation of a flotation circuit, which should boost processing performance further.
One of the highlights of the quarter was mine development, which broke records with 1,712 meters of underground progress, the most ever in a three-month span. This was made possible by finishing a new ventilation system, bringing in fresh mining equipment, and streamlining mining techniques. These investments are key as Lion One pushes to increase gold output. They also completed their first shrinkage stope, extracting over 5,700 tonnes of ore with an impressive 10.60 grams per tonne gold grade. The follow-up shrinkage stope, which is currently under construction and will be twice as large, is expected to add even more to production in future quarters.
Leadership is clearly proud of the team’s strong efforts. CEO Ian Berzins highlighted smooth operations and milestones achieved at both the mine and mill, pointing to a promising path for production growth ahead. Chairman Walter Berukoff echoed these sentiments, giving credit to the Fiji team for driving this turnaround and momentum. Their teamwork and dedication are crucial to keeping production on the rise.
Lion One’s footprint as a gold producer in Fiji continues to grow. The Tuvatu project features an alkaline gold deposit, an underground mine, and a processing plant, all supported by a broad exploration license with multiple promising targets in the Navilawa Caldera. This combination of solid operations and exploration potential points to exciting growth possibilities.
Recent numbers clearly show Lion One is on an upward trend in both output and efficiency. With faster mine development and processing upgrades underway, the company looks set for steady production gains. Once the larger shrinkage stope and flotation circuit are fully operational, production could break new records quarterly. This reflects strong operational discipline and solid confidence in their resource base at one of Fiji’s standout gold projects.
Overall, Lion One is proving that careful investment in infrastructure, technology, and people can pay off with real production growth and operational success. Their recent results tell the story of a company moving forward with a clear focus on growth and sustainability.
