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Leeuwin Metals Ltd ( (AU:LM1) ) has issued an update.
Leeuwin Metals Ltd has announced promising results from its initial drilling at the Evanston Prospect within the Marda Gold Project in Western Australia. The drilling has revealed shallow, high-grade gold intersections, with assays indicating significant potential for a substantial discovery. The results are further supported by Down Hole Electromagnetic (DHEM) surveys, which suggest the possibility of repeating structures at depth. With additional assay results pending and further drilling planned, Leeuwin is poised for continued exploration success and resource expansion in the region.
More about Leeuwin Metals Ltd
Leeuwin Metals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in gold exploration, with a significant project located in Western Australia.
Average Trading Volume: 289,252
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$19.15M
See more insights into LM1 stock on TipRanks’ Stock Analysis page.