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Litchfield Minerals Ltd. ( (AU:LMS) ) has provided an update.
Litchfield Minerals has reported new ground electromagnetic (EM), induced polarisation (IP) and mapping results that define multiple strong conductors and a 1km-long Oonagalabi-style carbonate unit at its Oonagalabi Project in the Northern Territory. The work at VT1 has outlined six EM conductor plates, including two with very high conductance of 1,500 and 3,000 Siemens, closely aligned with a newly mapped carbonate horizon and intrusive-related magnetic anomalies, suggesting potential for thicker, sulphide-rich copper-zinc mineralisation at depth. At VT2, ground EM has confirmed a 400m-long conductive zone consistent with earlier downhole EM data, while IP has detected a new chargeability anomaly adjacent to known Cu-Zn intercepts, expanding the range of drill targets. Litchfield plans a dual-track 2026 exploration program combining deeper geophysical surveys and targeted drilling beneath existing mineralisation with continued near-surface drilling across Oonagalabi Main Zone, VT1, VT2 and Bomb Diggity, aiming to significantly grow the project’s scale and demonstrate the broader potential of the mineral system.
More about Litchfield Minerals Ltd.
Litchfield Minerals Limited is an Australian mineral exploration company listed on the ASX, focused on discovering and advancing copper-zinc sulphide and related intrusive-hosted mineral systems at its Oonagalabi Project in the Northern Territory.
Average Trading Volume: 860,353
Technical Sentiment Signal: Strong Buy
For an in-depth examination of LMS stock, go to TipRanks’ Overview page.