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An announcement from Lightning Minerals Ltd. ( (AU:L1M) ) is now available.
Lightning Minerals Ltd has commenced its inaugural drilling campaign at the Mt Turner project in Queensland, targeting high-priority gold and silver deposits. The company completed a capital raise of A$2.0M to fund this initiative and has appointed David Vilensky as Non-Executive Chairman to strengthen its leadership. Additionally, the company is advancing its lithium projects in Brazil, with assay results from the Esperança project providing further exploration opportunities. These developments are expected to enhance Lightning Minerals’ market position and offer potential growth avenues in both the gold-silver and lithium sectors.
More about Lightning Minerals Ltd.
Lightning Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include gold, silver, and lithium, with significant projects located in Queensland, Australia, and Minas Gerais, Brazil. The company is strategically positioned to capitalize on opportunities in both the precious metals and lithium markets.
Average Trading Volume: 1,198,973
Technical Sentiment Signal: Hold
Current Market Cap: A$9.27M
For a thorough assessment of L1M stock, go to TipRanks’ Stock Analysis page.