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Litchfield Minerals Ltd. ( (AU:LMS) ) just unveiled an announcement.
Litchfield Minerals has commenced an induced polarisation (IP) geophysical survey at its Oonagalabi Project in a bid to map both known and concealed extensions of the Oonagalabi Formation along strike. The program, being carried out by Planetary Geophysics, is designed in two phases: first, to trace the southern continuation of the formation toward Silver Valley and beyond, targeting structural positions that could host additional mineralised horizons, and second, to follow a major magnetic structure toward the VT1 high-conductance electromagnetic anomaly, where more than a kilometre of Oonagalabi-style geology and a strong EM conductor have already been identified. By targeting potential blind extensions beneath rugged hills and shallow cover, the survey aims to improve geological confidence between outcrops, map extensions under cover, and generate new structurally controlled drill targets, potentially expanding the scale of the Oonagalabi mineral system and accelerating the definition of the next wave of drilling opportunities across the project area.
More about Litchfield Minerals Ltd.
Litchfield Minerals Limited is an ASX-listed mineral exploration company focused on the Oonagalabi Project, where it is exploring for mineralised horizons within the Oonagalabi Formation and associated structures, including areas with limited surface exposure such as rugged terrain and shallow cover.
Average Trading Volume: 423,441
Technical Sentiment Signal: Strong Buy
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