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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.