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Lode Resources Ltd ( (AU:LDR) ) has shared an announcement.
Lode Resources has secured the transfer and granting of key exploration licences in Tasmania’s West Coast mining district, lifting its Tasmanian tenure from 155 square kilometres to 250 square kilometres. The expanded position places Lode among major existing operations in one of the world’s most mineralised regions and consolidates its ownership of Tasmania’s only dedicated antimony projects.
The enlarged footprint underpins a pipeline of near-term exploration catalysts across the Montezuma, Greater Montezuma, Silver Hills and Granville projects, with drilling programs planned this year and an inaugural JORC resource at Montezuma expected shortly. By strengthening its critical minerals exposure in a supportive jurisdiction with strong infrastructure, Lode is positioning itself for potential resource growth and long-term value creation for shareholders.
The most recent analyst rating on (AU:LDR) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Lode Resources Ltd stock, see the AU:LDR Stock Forecast page.
More about Lode Resources Ltd
Lode Resources Ltd is an Australian mineral exploration company focused on silver, antimony and tin projects in Tasmania’s West Coast mining district. The company operates in a tier-one mining jurisdiction, targeting brownfield and greenfield opportunities near established operations and aligning its portfolio with government critical minerals strategies.
Average Trading Volume: 463,788
Technical Sentiment Signal: Buy
Current Market Cap: A$31.88M
Learn more about LDR stock on TipRanks’ Stock Analysis page.