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Lord Resources Limited ( (AU:LRD) ) has issued an update.
Lord Resources Limited has identified several key gravity anomalies at their Ilgarari Copper Project in Western Australia, which coincide with known copper mineralization. These findings provide significant new targets for exploration, enhancing the project’s potential. The company has successfully completed due diligence and commenced an Earn-in agreement to acquire an 80% interest in the project. The next steps involve conducting a ground-based EM survey to map subsurface features, aiming to refine drill targets and maximize the likelihood of intersecting mineralization.
More about Lord Resources Limited
Lord Resources Limited is involved in the mining industry, focusing primarily on the exploration and development of mineral resources such as copper. Their market focus includes acquiring and developing high-grade mineral projects in Australia.
YTD Price Performance: 20.0%
Average Trading Volume: 190,870
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.76M
For detailed information about LRD stock, go to TipRanks’ Stock Analysis page.
