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Lord Resources Limited ( (AU:LRD) ) has issued an update.
Lord Resources has reported final assay results from its maiden diamond drilling campaign at the Ilgarari Copper Project for the December 2025 quarter, confirming and extending high‑grade copper mineralisation at both the Tailings Lode and Hidden Lode. Key intersections included grades of up to 4.59% copper, with drilling extending the Tailings Lode about 330 metres down‑plunge and the Hidden Lode around 60 metres down‑dip and 100 metres along strike from historic workings, thereby validating the company’s geological model and increasing confidence in the continuity of sulphide mineralisation. Management emphasised disciplined capital allocation and the flexibility to pursue value‑accretive opportunities as Ilgarari moves into its next exploration phase, developments that may strengthen Lord’s project pipeline and reinforce its position in the copper exploration sector.
The most recent analyst rating on (AU:LRD) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Lord Resources Limited stock, see the AU:LRD Stock Forecast page.
More about Lord Resources Limited
Lord Resources Limited is an Australian exploration company focused on discovering and advancing base metal assets, with a particular emphasis on copper. The company’s flagship Ilgarari Copper Project targets high‑grade sulphide mineralisation, positioning Lord within the broader critical minerals and energy transition metals space.
Average Trading Volume: 599,371
Technical Sentiment Signal: Sell
Current Market Cap: A$3.89M
For an in-depth examination of LRD stock, go to TipRanks’ Overview page.