Lode Resources Uncovers Fourth High-Grade Silver–Antimony Prospect in Tasmania

Lode Resources Ltd ( (AU:LDR) ) has issued an update.

Lode Resources has identified a fourth high-grade silver and antimony prospect in Tasmania, with initial sampling at the Blocks East prospect in the Greater Montezuma Project returning exceptionally high grades of up to 5,650 g/t silver, 8.04% antimony and significant copper values. Located near major existing mines and adjacent to Lode’s Montezuma and Fahlore prospects, Blocks East shows historical workings over 400 metres and shares similar mineralogy, indicating potential for multiple high-grade systems supported by shared infrastructure.

The company has submitted drilling approvals for Blocks East and is continuing fieldwork to extend and better define surface mineralisation, moving the target into its pipeline of drill-ready prospects. Lode has also expanded its Tasmanian exploration footprint to 250 square kilometres through new tenements, while ongoing drilling at Montezuma and the Uralla Gold Project provides near-term exploration catalysts and strengthens its strategic position in critical minerals exploration.

The most recent analyst rating on (AU:LDR) stock is a Hold with a A$0.15 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, gold and base metals, with key projects in Tasmania and New South Wales. Its portfolio includes the Montezuma and Greater Montezuma silver–antimony projects in Tasmania’s West Coast mining district, alongside the Uralla Gold Project in NSW, positioning the company within a globally recognised mineral province.

Average Trading Volume: 453,781

Technical Sentiment Signal: Hold

Current Market Cap: A$26.85M

Learn more about LDR stock on TipRanks’ Stock Analysis page.