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Litchfield Minerals Ltd. ( (AU:LMS) ) has provided an update.
Litchfield Minerals Limited has announced the successful intersection of sulphides at the VT1 conductor at its Oonagalabi Project in the Northern Territory. The discovery of approximately 46 meters of lightly disseminated copper–iron sulphides strengthens the company’s confidence in the area’s potential. The company plans to use downhole electromagnetic methods to refine target locations and improve drilling precision. This development is part of a broader exploration strategy aimed at accelerating value creation for shareholders, with further drilling and geophysical surveys planned in the coming months.
More about Litchfield Minerals Ltd.
Litchfield Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary focus is on discovering and extracting valuable minerals such as copper, gold, silver, and tellurium, particularly in challenging terrains like the Northern Territory.
Average Trading Volume: 777,106
Technical Sentiment Signal: Strong Buy
Find detailed analytics on LMS stock on TipRanks’ Stock Analysis page.