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Lightning Minerals Advances Lithium Exploration at Dundas Project

Story Highlights
  • Lightning Minerals completed an infill soil sampling program at Dundas, identifying significant lithium anomalies.
  • The company is preparing for a favorable lithium market by advancing exploration efforts in Australia and Brazil.
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Lightning Minerals Advances Lithium Exploration at Dundas Project

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Lightning Minerals Ltd. ( (AU:L1M) ) just unveiled an announcement.

Lightning Minerals Ltd. has completed an infill soil sampling program at its Dundas lithium project in Western Australia, which further defines lithium targets. The program involved 499 samples and identified significant lithium anomalies, with assays showing up to 147ppm at Dundas North and 104ppm at Dundas South. These results are crucial for the company’s target generation strategies, especially as they prepare for a more favorable lithium market. Despite current negative sentiment in the lithium market, Lightning Minerals is committed to meeting expenditure commitments and advancing its exploration efforts both in Australia and Brazil.

More about Lightning Minerals Ltd.

Lightning Minerals Ltd. operates in the mining industry, focusing on the exploration and development of lithium resources. The company is engaged in projects primarily located in Western Australia, with a strategic emphasis on lithium, a key component in battery technology.

Average Trading Volume: 127,616

Technical Sentiment Signal: Sell

Find detailed analytics on L1M stock on TipRanks’ Stock Analysis page.

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