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An update from Leeuwin Metals Ltd ( (AU:LM1) ) is now available.
Leeuwin Metals Ltd has announced promising results from recent drilling at the Evanston trend within the Marda Gold Project, revealing further shallow gold intercepts and new electromagnetic anomalies. The company plans to commence a 10,000-meter RC drill program targeting these new findings, indicating potential for a larger mineralized system. With a strong financial position following a recent placement, Leeuwin is poised for growth, aiming to deliver a maiden mineral resource estimate for the project, enhancing its industry positioning and offering significant implications for stakeholders.
More about Leeuwin Metals Ltd
Leeuwin Metals Ltd is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in the Marda Gold Project located in Western Australia, with a strategic emphasis on expanding its mineral resource base through extensive drilling and geophysical surveys.
Average Trading Volume: 335,358
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$25.1M
See more insights into LM1 stock on TipRanks’ Stock Analysis page.