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The latest announcement is out from Lord Resources Limited ( (AU:LRD) ).
Lord Resources Limited has secured $306,500 in co-funded grants from the Western Australian Government’s Exploration Incentive Scheme for its Ilgarari Copper Project. This funding will support deep diamond drilling and geophysics, specifically a Moving Loop Electromagnetic survey, to explore magnetic anomalies and enhance drill targeting. The grants validate Lord Resources’ exploration model and provide leverage for advancing exploration efforts at Ilgarari and potentially across the broader Collier Basin, which remains underexplored.
More about Lord Resources Limited
Lord Resources Limited operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is actively involved in the exploration of copper, with a significant project at the Ilgarari Copper Project in Western Australia.
YTD Price Performance: -4.35%
Average Trading Volume: 220,504
Technical Sentiment Signal: Buy
Current Market Cap: A$1.7M
See more data about LRD stock on TipRanks’ Stock Analysis page.