The latest announcement is out from Frontier Resources Limited ( (AU:LNR) ).
Lanthanein Resources Limited has announced the restart of diamond drilling at its Lady Grey Project in Mt Holland, Western Australia. The drilling aims to explore a modelled conductor plate under the Moving Loop EM Survey Line #1, which aligns with a significant surface gold geochemical anomaly. The project faced delays due to environmental and heritage surveys, as well as disruptions from a recent bushfire. The successful commencement of drilling marks a significant step forward in the company’s exploration efforts, potentially enhancing its position in the gold mining sector.
More about Frontier Resources Limited
Lanthanein Resources Limited operates in the mining industry, focusing on exploration and development projects. The company is engaged in the discovery and extraction of mineral resources, with a particular emphasis on gold exploration at its Lady Grey Project in Mt Holland, Western Australia.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €3.65M
Learn more about LNR stock on TipRanks’ Stock Analysis page.