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Lightning Minerals Ltd. ( (AU:L1M) ) has issued an announcement.
Lightning Minerals Ltd announced the final assay results from its inaugural drilling campaign at the Mt Turner Gold Project, confirming a large-scale mineralized system along the Drummer Fault. The results revealed significant gold mineralization in eight of nine holes drilled, with new gold targets identified, extending the known gold mineralization by 2.7km west of the Rocky Reward pit. The company plans to continue exploration to further test the gold potential and capitalize on the current favorable precious and base metal markets.
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 focus is on gold exploration, particularly at its Mt Turner Gold Project in Queensland, Australia.
Average Trading Volume: 1,184,010
Technical Sentiment Signal: Sell
Current Market Cap: A$8.76M
For an in-depth examination of L1M stock, go to TipRanks’ Overview page.