Lode Resources Ltd ( (AU:LDR) ) has shared an announcement.
Lode Resources Ltd announced the discovery of high-grade antimony and silver at its Montezuma Antimony Project in Tasmania. This discovery, resulting from surface mapping and sampling, has the potential to significantly extend the known mineralized structure, enhancing the project’s value and positioning Lode Resources as a key player in the region’s mining industry. The company plans an extensive diamond drill program to further explore the deposit, which remains open in multiple directions, potentially increasing resource estimates and impacting stakeholders positively.
More about Lode Resources Ltd
Lode Resources Ltd is a mining company operating in the West Coast Mining Province of Tasmania. The company focuses on the exploration and development of antimony and silver deposits, contributing to the renewable industry by providing essential resources.
YTD Price Performance: 14.13%
Average Trading Volume: 582,560
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$16.99M
See more data about LDR stock on TipRanks’ Stock Analysis page.