Lykos Metals Limited (AU:LYK) has released an update.
Lykos Metals Limited reports on a productive quarter with the anticipated acceptance of new mining legislation in Republic of Srpska, which could enable the re-awarding of the Sockovac license. The company completed a promising geophysical survey at the Erak Gold Prospect, identifying new priority drilling targets. Additionally, Lykos strengthened its financial position through a successful capital raise of $2.2 million.
For further insights into AU:LYK stock, check out TipRanks’ Stock Analysis page.
