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An announcement from Leeuwin Metals Ltd ( (AU:LM1) ) is now available.
Leeuwin Metals Ltd has completed Phase One and Phase Two drilling programs at the Marda Gold Project, confirming high-grade gold mineralization along a 3km corridor. The company has identified multiple targets for future exploration, including the Evanston area, and plans to continue expanding its resource base with a strong cash position of $2.9 million. This progress marks a significant step in defining a gold system within the project’s mining lease footprint, enhancing Leeuwin’s industry positioning and potential value for stakeholders.
More about Leeuwin Metals Ltd
Leeuwin Metals Ltd is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily involved in the Marda Gold Project in Western Australia, aiming to build a significant gold resource inventory in the Yilgarn region.
Average Trading Volume: 270,528
Technical Sentiment Signal: Buy
Current Market Cap: A$14.11M
Learn more about LM1 stock on TipRanks’ Stock Analysis page.