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Litchfield Minerals Ltd. ( (AU:LMS) ) has provided an update.
Litchfield Minerals has commenced a new phase of Reverse Circulation drilling at its Oonagalabi Project in the Northern Territory, targeting seven holes across the VT1, Main Zone and VT2 areas. The latest campaign follows completion and sampling of earlier diamond drill holes, with assays now pending from the laboratory.
The RC program is designed to test priority electromagnetic and mineralised targets identified in recent geophysical work and to better define the scale and continuity of the Oonagalabi mineral system. Outcomes from this drilling will help clarify the project’s potential and could influence Litchfield’s future exploration strategy and positioning in the copper and base metals sector.
More about Litchfield Minerals Ltd.
Litchfield Minerals Ltd. is an Australian critical minerals explorer focused on base metals and uranium in the Northern Territory, with a stated mission to be a pioneering copper exploration company. It aims to deploy cost-effective, technologically advanced and environmentally responsible exploration methods to unlock copper and other resources while delivering value to investors and local communities.
Average Trading Volume: 386,357
Technical Sentiment Signal: Buy
See more data about LMS stock on TipRanks’ Stock Analysis page.