LIO is developing one of the highest-grade gold mines in the world. It’s Tuvatu gold deposit is located in the Republic of Fiji. LIO is advancing its near-surface high-grade gold deposit to production, drilling the underlying feeder zone and exploring the Navilawa Caldera with the potential to exceed 10 million ounces (oz). We are initiating coverage with a Buy rating and price target of C$2.50 per share.

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