What you need to know: • Lion One announced its Q4 production results, highlighting quarterly gold production of 3,291oz and 14.6Koz in fiscal 2026.
• Despite a miss in Q3 due to the management changes, production recovered well in Q4, bringing gold produced in line with 2025.
• We anticipate a year of growth from a production standpoint in 2027 as mill recoveries have improved significantly and increased underground mine development should support more consistent mining operations.
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