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An update from Lomiko Metals ( (TSE:LMR) ) is now available.
Lomiko Metals Inc. has announced a work program for its Yellow Fox property in central Newfoundland, acquired from Metals Creek. The property, located near the past-producing Beaver Brook antimony mine, shows promising potential for antimony, gold, and silver. The company plans to conduct a Phase 1 soil sampling program in Spring 2025, aiming to collect approximately 700 samples to define prospective targets and evaluate unexplored areas. This initiative could enhance Lomiko’s industry positioning by expanding its resource base and offering new opportunities for stakeholders.
More about Lomiko Metals
Lomiko Metals Inc. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is involved in the extraction of antimony, silver, and gold, with a particular market focus on early-stage exploration properties.
YTD Price Performance: 24.44%
Average Trading Volume: 6,855
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.46M
For an in-depth examination of LMR stock, go to TipRanks’ Stock Analysis page.
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