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Lode Resources Ltd ( (AU:LDR) ) has shared an update.
Lode Resources Ltd has reported significant high-grade antimony and silver drill assay results from its Montezuma Antimony & Silver Project in Tasmania. The ongoing drilling program aims to extend the Montezuma deposit, which remains open in all directions, and has shown promising mineralized intercepts including gold, tin, copper, and lead. Additionally, Lode is advancing its Magwood Antimony Project and has announced a maiden Mineral Resource Estimate for its Webbs Consol project in New South Wales. These developments position Lode favorably in the market amidst strong antimony prices and increased demand for critical metals.
More about Lode Resources Ltd
Lode Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of antimony and silver projects. Their primary projects are located in Tasmania and New South Wales, Australia, with a market focus on securing new supply sources for critical metals.
Average Trading Volume: 445,413
Technical Sentiment Signal: Buy
Current Market Cap: A$22.65M
For a thorough assessment of LDR stock, go to TipRanks’ Stock Analysis page.