The Tuvatu Gold Mine in Nadi has the potential to bring in 10 million ounces of gold says Minister for Lands and Mineral Resources.

Speaking at the opening of the new laboratory in Waimalika, Ashneel Sudhakar said Lion One Limited has so far invested over $100 million.

This is expected to double by the time the Tuvatu gold mine begins production.

Sudhakar also praised the Canadian Company for setting up the world-class Geochemical Assay and Metallurgical laboratory.

The lab will service the Company’s exploration, resource definition, and development activities.

The $4 million laboratory is resourced with the best equipment available from the United States and Australia – able to undertake gold analysis.