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Lode Resources Ltd ( (AU:LDR) ) has provided an update.
Lode Resources Ltd has announced a maiden Mineral Resource Estimate (MRE) for its Webbs Consol project, highlighting significant silver, zinc, and lead mineralization. This development marks a major milestone for the company, enhancing its understanding of the mineralization in the region and confirming the project’s scale and quality. The MRE is based on extensive exploration and drilling campaigns conducted over the past four years and paves the way for further resource definition and extension drilling. This advancement strengthens Lode Resources’ position in the mining industry and could have positive implications for stakeholders as the company considers further exploration and development activities.
More about Lode Resources Ltd
Lode Resources Ltd is a mining company focused on the exploration and development of precious and base metals projects. The company operates primarily in the New England Fold Belt in northeastern New South Wales, with a focus on silver, zinc, and lead mineralization.
Average Trading Volume: 463,101
Technical Sentiment Signal: Buy
Current Market Cap: A$29.93M
For an in-depth examination of LDR stock, go to TipRanks’ Overview page.