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Linear Minerals ( (TSE:LINE) ) just unveiled an announcement.
Linear Minerals Corp announced significant results from its 2024 exploratory drill program at the Augustus Lithium Property in Quebec. The drill holes revealed notable lithium oxide concentrations, with LC24-93 intersecting 1.02% lithium oxide over 9.95 meters and LC24-94 intercepting 0.39% over 6.9 meters. These findings, which also included anomalous values of other rare metals, underscore the potential of the Augustus Property to enhance Linear Minerals’ position in the lithium market, potentially impacting stakeholders positively by increasing resource estimates and future production capabilities.
More about Linear Minerals
Linear Minerals Corp, formerly known as FE Battery Metals Corp, operates in the mining industry with a focus on lithium exploration. The company owns the Augustus Lithium Property located in Quebec, Canada, covering over 15,000 hectares.
YTD Price Performance: -58.00%
Average Trading Volume: 58,539
Technical Sentiment Signal: Buy
Current Market Cap: $1.5M
See more data about LINE stock on TipRanks’ Stock Analysis page.