Labyrinth Resources Limited (AU:LRL) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Labyrinth Resources Limited has reported high-grade gold and copper assays from its Comet Vale Project in Western Australia, signaling significant exploration potential. The encouraging results, derived from over 500 soil samples and 11 rock chip samples, have defined key drilling targets outside the mine area. The company plans to allocate funds from its recent capital raising to further explore and refine these targets for an upcoming drilling campaign.
For further insights into AU:LRL stock, check out TipRanks’ Stock Analysis page.