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The latest update is out from Litchfield Minerals Ltd. ( (AU:LMS) ).
Litchfield Minerals Ltd. has announced promising results from a VTEM survey at its Oonagalabi Project, identifying fourteen Priority 1 conductors with potential sulphide sources. This discovery, supported by a grant from the Northern Territory Government, suggests significant mineralisation potential, particularly within the Oonagalabi Anticline. The company plans to commence drilling in September, targeting both copper-zinc and gold systems, which could significantly impact its operations and shareholder value.
More about Litchfield Minerals Ltd.
Litchfield Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary focus is on its flagship Oonagalabi Project, which is located 125km northeast of Alice Springs and is known for its copper-zinc mineralisation.
Average Trading Volume: 67,716
Technical Sentiment Signal: Sell
Find detailed analytics on LMS stock on TipRanks’ Stock Analysis page.