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Lithium Plus Minerals Ltd. ( (AU:LPM) ) has issued an update.
Lithium Plus Minerals Ltd. has completed a four-hole reverse circulation drilling program at its Liana Prospect, identifying significant pegmatite zones beneath historical workings. The findings confirm that lithium-in-soil anomalies are reliable indicators for targeting pegmatite, with several new drill targets identified. While some drilling was paused due to weather conditions, exploration is set to expand in the next field season. The company anticipates assay results early next year, which could impact its operations and further position it in the lithium exploration market.
More about Lithium Plus Minerals Ltd.
Lithium Plus Minerals Ltd. operates in the mining industry with a focus on lithium exploration and development. The company’s primary activities involve identifying and drilling lithium-rich pegmatite zones, which are crucial for the production of lithium, a key component in batteries and renewable energy technologies.
YTD Price Performance: -21.11%
Average Trading Volume: 93,474
Technical Sentiment Consensus Rating: Buy
For an in-depth examination of LPM stock, go to TipRanks’ Stock Analysis page.