Lycaon Resources Ltd. (AU:LYN) has released an update.
Lycaon Resources Ltd. is set to begin a heritage survey in July 2024, with drilling at the West Arunta Stansmore Niobium-REE Project anticipated for Q3 2024, following government co-funding and necessary approvals. The company secured a $2.5 million investment through a placement that attracted strong interest and won a ballot for a tenement with high copper and gold prospects, also eyeing lithium potential for future exploration.
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