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Leeuwin Metals Ltd ( (AU:LM1) ) has shared an announcement.
Leeuwin Metals Ltd has reported significant progress in its Marda Gold Project during the September quarter, highlighted by the completion of a 5,000m drilling program at the Evanston Prospect. This program, the first large-scale drilling in 20 years, confirmed multiple shallow, high-grade gold intersections and identified new zones of mineralization. The company is set to commence a 10,000m follow-up drill campaign in November 2025, supported by a recent $5.8 million placement to fund accelerated exploration efforts. The results have positioned Leeuwin to potentially define its maiden Mineral Resource Estimate, marking a transformational phase for the project.
More about Leeuwin Metals Ltd
Leeuwin Metals Ltd is a company operating in the mining industry, focusing on the exploration and development of gold resources. Its primary project is the Marda Gold Project, which includes the Evanston Prospect, where the company is actively engaged in drilling and geophysical surveys to define high-grade gold corridors.
Average Trading Volume: 404,827
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$21.17M
See more data about LM1 stock on TipRanks’ Stock Analysis page.