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Litchfield Minerals Ltd. ( (AU:LMS) ) just unveiled an announcement.
Litchfield Minerals has reported strong assay results from Phase 2 reverse circulation drilling at its Oonagalabi Project, confirming thick, continuous copper-zinc mineralisation with multiple high-grade internal zones in the Oonagalabi Main Zone. Key drill holes OGRC017 and OGRC016 delivered broad mineralised intercepts from near surface, reinforcing both lateral and vertical continuity and supporting the interpretation of a large, robust copper–zinc system that remains open along strike and down-dip, with stacked mineralised horizons pointing to significant growth potential. At the VT2 target, drilling has identified a large blind sulphide system coincident with strong geophysical conductors, interpreted as a halo around potential higher-grade feeder zones, prompting a shift in focus toward vectoring using deeper geophysics, structural interpretation, diamond drilling and Phase 3 RC step-out drilling. Taken together, the results increase confidence in Oonagalabi’s capacity to deliver both scale and grade, and position Litchfield to continue generating technical milestones and resource growth through 2026.
More about Litchfield Minerals Ltd.
Litchfield Minerals Limited is an ASX-listed mineral exploration company focused on copper-zinc and broader polymetallic systems, with key activities centred on the Oonagalabi Project. The company is working to delineate large-scale, continuous base-metal mineralisation, leveraging geophysics, reverse circulation and diamond drilling to advance its exploration targets and build a significant copper–zinc resource base.
Average Trading Volume: 351,605
Technical Sentiment Signal: Strong Buy
See more data about LMS stock on TipRanks’ Stock Analysis page.