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Peak Minerals ( (AU:LRM) ) just unveiled an announcement.
Lion Rock Minerals has confirmed the presence of large, coarse monazite crystals in residual soils at its Minta Est monazite-enriched granite in Cameroon, validating its geological model and exploration strategy for rare-earth mineralisation. The company’s infill drilling campaign at Minta Est is advancing rapidly, with 285 holes completed and extensive sampling underway, while new in-country heavy liquid separation laboratory capacity and expanded field teams are expected to accelerate assay turnaround and resource definition in 2026, supporting Lion Rock’s bid to establish Minta and Minta Est as long-term suppliers of rutile, zircon and monazite to Tronox’s future titanium and rare-earth supply chains.
More about Peak Minerals
Lion Rock Minerals Ltd is an ASX-listed exploration company focused on rutile, monazite and zircon mineral sands, with its Minta and Minta Est projects in Cameroon positioned to supply titanium and rare-earth elements into emerging global supply chains, including those of strategic partner Tronox.
Average Trading Volume: 4,917,160
Technical Sentiment Signal: Sell
Current Market Cap: A$88.85M
See more data about LRM stock on TipRanks’ Stock Analysis page.