Lion One Metals Limited is engaged in the business of acquiring, exploring, and developing mineral properties. The Company has non-material exploration properties, including a tenement interest in the Olary Creek iron project in South Australia, and over two exploration properties covering over 27,490 hectares within two special prospecting licenses on the island of Vanua Levu in Fiji. Its primary asset is the Tuvatu Gold Project located near Nadi on the island of Viti Levu, Fiji. Its Mineral Resources Department (MRD) of Fiji has granted Special Mining Lease 62 (SML 62) on the Tuvatu project to the Company. The Fijian Islands are located along the Pacific Island Arc, which hosts various mineral epithermal gold deposits systems, such as the Lihir, Porgera, Ok Tedi, and Wafi-Golpu gold deposits in Papua New Guinea. The Olary Creek Project is located in South Australia over 70 kilometers (km) southwest of Broken Hill, New South Wales, and over 40 km south of the Barrier Highway.