The latest announcement is out from Lykos Metals Limited ( (AU:LYK) ).
Lykos Metals Limited has made significant progress in its exploration activities, with a notable decision to reduce the tenement application size for the Sockovac project in Bosnia and Herzegovina, allowing the company to concentrate on key drill targets. Additionally, the Jezero project’s exploration permit has been extended until March 2028, highlighting its potential for gold and polymetallic mineralization. The company also completed a successful placement to fund ongoing and future exploration efforts, maintaining a cash balance of $0.79 million as of the end of March 2025.
More about Lykos Metals Limited
Lykos Metals Limited is a company engaged in the exploration of battery, base, and precious metals. The company focuses on identifying and developing mineral projects, with a particular interest in regions that offer promising exploration opportunities.
YTD Price Performance: 60.0%
Average Trading Volume: 289,160
Technical Sentiment Signal: Sell
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