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Lord Resources Limited ( (AU:LRD) ) has issued an announcement.
Lord Resources Limited has completed its first drilling program at the Ilgarari Copper Project and successfully raised capital to strengthen its financial position. The company identified multiple high-priority electromagnetic targets through a survey and completed an 11-hole drilling program to explore copper zones along the Ilgarari Fault. Additionally, Lord Resources raised over $1.3 million through an Entitlement Offer and a subsequent placement, and appointed Davide Bosio as a Non-Executive Director, indicating strategic growth and development in its operations.
More about Lord Resources Limited
Lord Resources Limited operates in the mining industry, focusing on copper exploration and development. The company is actively engaged in projects such as the Ilgarari Copper Project, aiming to identify and develop high-priority mineral targets.
Average Trading Volume: 3,291,156
Technical Sentiment Signal: Buy
Current Market Cap: A$3.89M
See more data about LRD stock on TipRanks’ Stock Analysis page.