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Lord Resources Advances Ilgarari Copper Project with New Funding and Drilling Plans

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Lord Resources Advances Ilgarari Copper Project with New Funding and Drilling Plans

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Lord Resources Limited ( (AU:LRD) ) has provided an announcement.

Lord Resources Limited has made significant progress at its Ilgarari Copper Project, securing $306,500 in co-funding from the WA Government’s Exploration Incentive Scheme and completing a key heritage survey. The company raised $1.39 million through a 1-for-1 entitlement offer to fund drilling and exploration activities. With all necessary permits and logistics in place, the company is set to commence its maiden drill program, with preliminary electromagnetic survey results identifying promising drilling targets.

More about Lord Resources Limited

Lord Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary focus is on copper exploration, particularly at the Ilgarari Copper Project.

Average Trading Volume: 415,744

Technical Sentiment Signal: Buy

Current Market Cap: A$4.5M

Find detailed analytics on LRD stock on TipRanks’ Stock Analysis page.

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