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Lycaon Resources Ltd. ( (AU:SLA) ) has issued an update.
Solara Minerals Ltd has been awarded a $180,000 grant under the Western Australian Government’s Exploration Incentive Scheme to support its drilling program at the Degrussa West Gold-Copper Project. This funding will facilitate the testing of highly prospective targets identified through recent electromagnetic surveys, potentially enhancing the company’s exploration efforts in a region known for substantial mining operations. The project is strategically positioned within a highly prospective area, and the company is awaiting heritage survey completion before commencing drilling.
More about Lycaon Resources Ltd.
Solara Minerals Ltd is a company involved in the exploration and development of mineral resources, focusing on gold and copper projects. The company operates within the Bryah Basin in Western Australia, a region known for its significant gold and copper-gold mineralization.
Average Trading Volume: 154,843
Technical Sentiment Signal: Sell
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