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Lithium Energy Identifies Potential Mineralisation at Capricorn Project

Story Highlights
  • Lithium Energy finds potential for replicating Mt Morgan mineralisation at its Capricorn Project.
  • The company plans to accelerate exploration to identify high-priority targets for drilling.
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Lithium Energy Identifies Potential Mineralisation at Capricorn Project

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Lithium Energy Ltd. ( (AU:LEL) ) has issued an update.

Lithium Energy Limited has identified potential mineralisation at its Capricorn Gold-Copper Belt Project, suggesting the possibility of replicating the historic Mt Morgan Gold-Copper Mine’s mineralisation. The company has re-assayed historic drill cores, revealing significant gold and copper intercepts, and plans to accelerate exploration activities to identify high-priority targets for further drilling. This development could enhance Lithium Energy’s position in the mining industry by potentially expanding its resource base and attracting stakeholder interest.

More about Lithium Energy Ltd.

Lithium Energy Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include lithium and other minerals, with a market focus on expanding its resource base and exploring new mineral deposits.

Technical Sentiment Signal: Sell

Current Market Cap: A$41.44M

For detailed information about LEL stock, go to TipRanks’ Stock Analysis page.

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