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Litchfield Minerals Ltd. ( (AU:LMS) ) has provided an update.
Litchfield Minerals Limited is advancing its Phase 2 reverse circulation drilling campaign at the Oonagalabi Project in Northern Territory, targeting high-priority geophysical and geochemical sites. The project aims to explore a potentially world-class mineral system, with the drilling set to commence in late September 2025. The campaign will focus on a dual-system model, combining SEDEX-style and Au-Bi intrusive mineralization, which could host multiple high-grade domains. The company’s efforts are geared towards confirming the scale and potential of the Oonagalabi system, which could extend over 10km if successful, positioning Litchfield as a significant player in the base-metals sector.
More about Litchfield Minerals Ltd.
Litchfield Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in identifying and developing large-scale mineral deposits, with a particular emphasis on base metals.
Average Trading Volume: 55,927
Technical Sentiment Signal: Strong Sell
For detailed information about LMS stock, go to TipRanks’ Stock Analysis page.