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Trinex Minerals Advances Dudley Lithium Project with New Drilling Approvals

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Trinex Minerals Advances Dudley Lithium Project with New Drilling Approvals

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The latest announcement is out from Todd River Resources Ltd. ( (AU:TX3) ).

Trinex Minerals Limited has announced significant progress in its Dudley Lithium Project on Kangaroo Island, South Australia, with soil geochemistry revealing promising trends for drilling. The company has received statutory approval and secured a land access agreement, allowing it to proceed with a drilling program targeting high-priority areas. Additionally, Trinex has been granted a waiver by the ASX to extend the deadline for issuing shares related to its East Yellowknife Lithium Project acquisition in Canada. The company also reported changes in its board of directors and a cash balance of A$370k at the end of March 2025.

More about Todd River Resources Ltd.

Trinex Minerals Limited, operating under the ASX ticker TX3, is a company engaged in mineral exploration, focusing primarily on lithium projects. The company is involved in the exploration of pegmatite systems, which are known for containing lithium-bearing minerals, and it has a market focus on expanding its lithium resource base.

Technical Sentiment Signal: Buy

Current Market Cap: A$1.93M

See more insights into TX3 stock on TipRanks’ Stock Analysis page.

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