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Litchfield Minerals Extends Strike Length with New Sulphide Intersections at Oonagalabi

Story Highlights
  • Litchfield Minerals found massive sulphides at Oonagalabi, extending the strike length.
  • The discovery suggests potential copper and zinc mineralization, enhancing resource prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Litchfield Minerals Extends Strike Length with New Sulphide Intersections at Oonagalabi

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Litchfield Minerals Ltd. ( (AU:LMS) ) has provided an announcement.

Litchfield Minerals Limited has announced significant findings from its ongoing drilling program at the Oonagalabi Project in the Northern Territory. The drilling at the VT2 target intersected disseminated to massive sulphides, extending the prospective strike length by an additional kilometer, now exceeding 4km. The presence of pyrrhotite, chalcopyrite, sphalerite, and pyrite suggests potential copper and zinc mineralization, which could enhance the company’s resource base and industry positioning. The company plans further exploration at the VT1 target and a Downhole Electromagnetic survey to refine future drilling efforts.

More about Litchfield Minerals Ltd.

Litchfield Minerals Limited is a company engaged in mineral exploration, focusing on discovering and developing mineral resources. The company is involved in drilling programs to identify and assess mineral deposits, particularly in the Northern Territory.

Average Trading Volume: 577,948

Technical Sentiment Signal: Strong Buy

See more insights into LMS stock on TipRanks’ Stock Analysis page.

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