An announcement from Leeuwin Metals Ltd ( (AU:LM1) ) is now available.
Leeuwin Metals Ltd has completed the acquisition of the Marda Gold Project in Western Australia’s Eastern Goldfields, paving the way for its first drilling program. The company plans to drill 10,000 meters this year, funded by a recent $3.25 million share placement, and aims to capitalize on the project’s significant exploration potential. The acquisition, supported by shareholders, allows Leeuwin to immediately implement its exploration strategy, focusing on high-priority targets and leveraging the project’s strategic location and existing infrastructure.
More about Leeuwin Metals Ltd
Leeuwin Metals Ltd operates in the mining industry, focusing on gold exploration and development. The company is engaged in mining, exploration, and prospecting activities, with a strategic emphasis on unlocking shareholder value through its extensive tenement package and proximity to existing infrastructure.
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Technical Sentiment Signal: Buy
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