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Monger Gold Ltd. ( (AU:LLM) ) has shared an announcement.
Loyal Metals Ltd announced the successful intersection of 60 meters of shallow, semi-massive, and disseminated Chalcocite copper supergene mineralization at its Highway Reward Project. This discovery reaffirms the presence of extensive copper-gold mineralization along the eastern wall of the open pit. With $8.2 million in funding, Loyal Metals is well-positioned to further explore this high-grade project, which has historically produced significant quantities of copper and gold. The ongoing drilling campaign aims to explore underdeveloped zones and follow up on previous zinc discoveries, with assay results expected in January.
More about Monger Gold Ltd.
Loyal Metals Ltd, listed on the ASX under the ticker LLM, operates in the mining industry, focusing on the exploration and development of high-grade copper and gold projects. The company is currently advancing its Highway Reward Project, which is recognized globally for its significant exploration potential.
Average Trading Volume: 594,154
Technical Sentiment Signal: Buy
Current Market Cap: A$45.83M
Find detailed analytics on LLM stock on TipRanks’ Stock Analysis page.