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An announcement from Lightning Minerals Ltd. ( (AU:L1M) ) is now available.
Lightning Minerals Ltd has commenced a 1,300-meter diamond drilling campaign at its Mt Turner gold project in Queensland, following the acquisition of Lotus Minerals. The project targets high-priority gold and silver mineralization beneath existing pits along the Drummer Fault, with the aim of adding significant value to the company. The involvement of experienced drill contractors, Geo Drill Australia, underscores the project’s potential impact on Lightning Minerals’ operations and its strategic positioning within the gold and silver markets. The company anticipates a busy period ahead, with plans to expand drilling based on additional soil and rock chip sampling results.
More about Lightning Minerals Ltd.
Lightning Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of gold and silver resources. The company is actively engaged in identifying economic mineral resources, particularly along significant geological structures such as the Drummer Fault in Queensland, Australia.
Average Trading Volume: 905,272
Technical Sentiment Signal: Sell
See more insights into L1M stock on TipRanks’ Stock Analysis page.