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Litchfield Minerals Ltd. ( (AU:LMS) ) has issued an update.
Litchfield Minerals Ltd. has announced promising results from its Oonagalabi Project, revealing significant copper mineralization directly above a large VTEM conductor. The discovery includes up to 8% copper in gossanous material and extends the potential strike length by 1km. The VTEM survey has expanded the project’s prospective footprint, uncovering multiple high-priority sulphide targets. These findings enhance the company’s confidence in the project’s potential, indicating a larger and more extensive mineralized system than previously recognized. The company plans to commence a multi-target RC drilling program, further de-risking access to key areas.
More about Litchfield Minerals Ltd.
Litchfield Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of copper and other minerals, with a market focus on expanding its mineralized systems and identifying new targets for resource development.
Average Trading Volume: 53,780
Technical Sentiment Signal: Strong Sell
For detailed information about LMS stock, go to TipRanks’ Stock Analysis page.