Lykos Metals Reports High-Grade Mineralisation and Strategic Developments

An announcement from Lykos Metals Limited ( (AU:LYK) ) is now available.

Lykos Metals Limited’s recent quarterly activities report highlights significant progress in their Sinjakovo Project, where high-grade polymetallic mineralisation has been identified. The company has reported remarkable results from rock-chip samples, including notable concentrations of antimony, copper, and silver. These findings are set to advance the project’s development contingent upon weather conditions, with detailed mapping, trenching, and drilling planned for 2025. Additionally, the company has strengthened its board with the appointment of two new experienced Non-Executive Directors and secured an extension of the exploration permit for the Jezero project, indicating a strategic focus on sustained exploration efforts.

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 polymetallic exploration projects, with a particular interest in identifying high-grade mineralisation that can contribute to the production of metals such as antimony, copper, silver, gold, lead, and zinc.

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Average Trading Volume: 95,967

Technical Sentiment Consensus Rating: Buy

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