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An update from Lightning Minerals Ltd. ( (AU:L1M) ) is now available.
Lightning Minerals Ltd has announced the commencement of planning for a Phase 2 drilling program at its Mt Turner Gold Project in Queensland, following a successful Phase 1 that confirmed a large-scale mineralized system. The Phase 1 program revealed significant gold, base metal, and silver mineralization, with multiple new targets identified over a 12km stretch along the Drummer Fault. The upcoming Phase 2, fully funded after a recent capital raise, aims to extend the high-grade zones and further explore the project’s potential, positioning the company for substantial growth and progress for shareholders in 2026.
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. Their primary products include gold, base metals, and silver, with a significant market focus on expanding mineralized systems in Australia.
Average Trading Volume: 1,294,697
Technical Sentiment Signal: Sell
Current Market Cap: A$5.95M
Learn more about L1M stock on TipRanks’ Stock Analysis page.