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Leeuwin Metals Ltd ( (AU:LM1) ) has provided an update.
Leeuwin Metals Ltd has announced a maiden Mineral Resource Estimate of 342,300 ounces of gold at its Marda Gold Project in Western Australia, achieved just nine months after acquiring the project. The company plans an aggressive drilling campaign starting in January 2026 to further increase resources and test new targets, supported by strong funding. This development positions Leeuwin for significant growth and potential financial returns, enhancing its industry standing and offering promising implications for stakeholders.
More about Leeuwin Metals Ltd
Leeuwin Metals Ltd is a company operating in the mining industry, focusing on gold exploration and development. Its primary project is the Marda Gold Project located in Western Australia, where the company is actively working to expand its mineral resource base.
Average Trading Volume: 368,600
Technical Sentiment Signal: Buy
Current Market Cap: A$21.63M
Learn more about LM1 stock on TipRanks’ Stock Analysis page.