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LCL Resources Advances PNG Exploration While Sizing Up Lower-Risk Asset Acquisition

Story Highlights
  • LCL Resources is pursuing lower-risk jurisdiction assets and exploring sale or partnership options to advance its PNG portfolio without new capital.
  • Fieldwork at Ubei in PNG delivered strong gold-copper-silver assays and confirmed a promising structural link to an IP anomaly, enhancing the project’s exploration potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LCL Resources Advances PNG Exploration While Sizing Up Lower-Risk Asset Acquisition

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An update from Los Cerros ( (AU:LCL) ) is now available.

LCL Resources reported on its December 2025 quarter, highlighting ongoing due diligence on several advanced exploration assets in lower-risk jurisdictions and active efforts to secure a sale or partnership for its Papua New Guinea projects in response to inbound interest from credible counterparties. Operationally, the company completed its first field campaign at the Ubei epithermal target in PNG, where trenching and sampling returned encouraging results including a grab sample grading 7.95g/t gold, 0.51% copper and 31g/t silver, and confirmed that mineralised surface structures appear to project up-dip towards a subsurface IP chargeability anomaly considered a strong exploration target, while also finishing a stream sediment sampling program at the nearby Dada tenement to assess its potential for additional mineralised centres.

The most recent analyst rating on (AU:LCL) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Los Cerros stock, see the AU:LCL Stock Forecast page.

More about Los Cerros

LCL Resources is an ASX-listed exploration company focused on precious and base metals, with current assets in Papua New Guinea. The company targets epithermal gold and copper-gold systems and is actively assessing opportunities to rebalance its portfolio toward jurisdictions with lower operating risk, while considering sale or partnership structures to advance its PNG projects without raising additional capital.

Technical Sentiment Signal: Sell

Current Market Cap: A$9.59M

For an in-depth examination of LCL stock, go to TipRanks’ Overview page.

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