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Lion Rock Minerals Initiates Infill Drilling at Minta Est Project

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Lion Rock Minerals Initiates Infill Drilling at Minta Est Project

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Peak Minerals ( (AU:LRM) ) has provided an announcement.

Lion Rock Minerals Ltd has commenced an extensive infill drilling program at its Minta Est project in Cameroon, targeting high-value minerals including rutile, zircon, and rare-earth elements like monazite and xenotime. The program aims to capitalize on the discovery of monazite-enriched granite and alluvial soils, with the potential to enhance the company’s strategic positioning in the rare-earth and rutile markets, supported by its partnership with Tronox Holdings plc.

More about Peak Minerals

Lion Rock Minerals Ltd (ASX: LRM) is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets high-value minerals such as rutile, zircon, and rare-earth elements including monazite and xenotime. Its market focus includes strategic partnerships with global leaders in rare-earth and titanium sectors, such as Tronox Holdings plc.

YTD Price Performance: 170.0%

Average Trading Volume: 5,080,263

Technical Sentiment Signal: Sell

Current Market Cap: A$82.73M

Find detailed analytics on LRM stock on TipRanks’ Stock Analysis page.

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