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An announcement from Lode Resources Ltd ( (AU:LDR) ) is now available.
Lode Resources Ltd has announced significant progress in its three high-grade mineral projects, which are expected to generate a steady stream of impactful news. The company is on the verge of releasing a maiden Mineral Resource Estimate for the Webbs Consol Silver Project, has ongoing drilling at the Montezuma Antimony/Silver Project with initial assay results anticipated soon, and is commencing drilling at the Magwood Antimony Project. These developments are crucial as they align with state critical minerals strategies, enhancing the company’s potential for governmental support and positioning Lode Resources as a key player in the antimony and silver market.
More about Lode Resources Ltd
Lode Resources Ltd is a company engaged in the exploration and development of high-grade mineral deposits, focusing primarily on antimony and silver. The company owns three significant projects: the Webbs Consol Silver Project, the Montezuma Antimony/Silver Project, and the Magwood Antimony Project, which are strategically aligned with state critical minerals strategies, potentially benefiting from governmental support.
Average Trading Volume: 534,131
Technical Sentiment Signal: Buy
Current Market Cap: A$27.5M
For an in-depth examination of LDR stock, go to TipRanks’ Stock Analysis page.