North Vancouver, British Columbia–(Newsfile Corp. – October 2, 2025) – Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (“Lion One” or the “Company “) is pleased to provide an update on mining operations at the Company’s 100% owned Tuvatu Alkaline Gold Project in Fiji.

The Company’s first shrinkage stope has been a success. A total of 5,704 tonnes of material has been mined from the shrinkage stope, at an average grade of 10.60 g/t gold. Most of the shrinkage stope production occurred from July to September and was blended with material from other parts of the mine. The Company’s second shrinkage stope is now in development with production anticipated to begin in November. The second shrinkage stope is expected to be twice as large as the first.

The Company has also increased overa

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