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Litchfield Minerals Ltd. ( (AU:LMS) ) has provided an update.
Litchfield Minerals Ltd. reported significant progress in its exploration activities during the September 2025 quarter, particularly at the Oonagalabi and Lucy Creek projects. The company completed a comprehensive VTEM survey at Oonagalabi, identifying major conductor clusters and high-priority targets, while field mapping confirmed mineralization in key areas. At Lucy Creek, high manganese assay results suggest a hydrothermal system. Additionally, Litchfield bolstered its financial position through a successful $500,000 placement and an oversubscribed security purchase plan, indicating strong investor confidence and setting the stage for upcoming drilling programs aimed at enhancing shareholder value.
More about Litchfield Minerals Ltd.
Litchfield Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary projects include the Oonagalabi Project, which targets copper-zinc systems, and the Lucy Creek Project, known for its manganese prospects.
Average Trading Volume: 847,587
Technical Sentiment Signal: Strong Buy
For a thorough assessment of LMS stock, go to TipRanks’ Stock Analysis page.