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Leeuwin Metals Ltd ( (AU:LM1) ) has shared an update.
Leeuwin Metals Ltd has commenced a significant 5,000m RC drilling program at the Evanston Prospect within its Marda Gold Project, marking the first major exploration effort in 20 years. This initiative, supported by a Drill for Equity arrangement with Raglan Drilling, aims to explore shallow high-grade extensions and is expected to enhance the company’s resource evaluation and strategic focus on gold targets, potentially impacting its market position positively.
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’s Goldfields, where it targets high-grade shallow mineralization.
Average Trading Volume: 304,279
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$17.64M
For a thorough assessment of LM1 stock, go to TipRanks’ Stock Analysis page.