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Litchfield Minerals Ltd. ( (AU:LMS) ) has issued an update.
Litchfield Minerals advanced its Oonagalabi Project during the December 2025 quarter through an integrated program of regional mapping, RC drilling, downhole EM, IP surveying and VTEM-driven targeting, which collectively suggested the mineralised Oonagalabi Formation covers a significantly larger strike length than previously recognised and links several key prospects. Strong RC results from the Oonagalabi Main Zone, including long copper-zinc mineralised intercepts, hits of semi-massive to massive sulphides at VT1, and multiple new geophysical targets along the NE Oonagalabi trend to Bomb-Diggity, indicate the potential emergence of a larger intrusion-related sulphide system, while a $6 million capital raising has strengthened the balance sheet to accelerate ongoing exploration and follow-up work across these priority targets.
More about Litchfield Minerals Ltd.
Litchfield Minerals Limited (ASX: LMS) is an Australian exploration company focused on base metals, particularly copper and zinc, with its flagship Oonagalabi Project located in the Northern Territory. The company targets intrusion-related sulphide systems and uses modern geophysical and drilling techniques to expand and define mineralised formations across a growing regional footprint.
Average Trading Volume: 359,586
Technical Sentiment Signal: Strong Buy
For a thorough assessment of LMS stock, go to TipRanks’ Stock Analysis page.