Lion One Metals Limited is engaged in the business of acquiring, exploring, and developing mineral properties. The Company's material mineral property is the Tuvatu Gold Project located on the island of Viti Levu in Fiji. It also has non-material exploration properties, including a tenement interest in the Olary Creek iron project in South Australia, and two exploration properties covering around 27,489 hectares within two special prospecting licenses (SPLs) on the island of Vanua Levu in Fiji. The Company's Tuvatu Gold Project includes the exploration and evaluation of the potential for development of a gold deposit. The Olary Creek Iron Project is located in South Australia around 70 kilometers southwest of Broken Hill, New South Wales. The SPL 1467 (Vunimoli) covers around 22,000 hectares in the provinces of Macuata and Cakaudrove. SPL 1468 (Delaikoro) covers around 5,489 hectares approximately 20 kilometers from the town of Labasa in the provinces of Macuata and Cakaudrove.