Dona Ferentes
Ce fut, je vous assure, bien malgré moi
- Joined
- 11 January 2016
- Posts
- 19,180
- Reactions
- 26,213
10c at end of August
LDR - Lode Resources
- Thread starter System
- Start date
-
- Tags
- ldr lode resources
Dona Ferentes
Ce fut, je vous assure, bien malgré moi
- Joined
- 11 January 2016
- Posts
- 19,180
- Reactions
- 26,213
and ran to 12c on Friday... a bit of volume - only 1 million shares -
1. Is LDR aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?
No.
2. If the answer to question 1 is “yes”.
No Applicable
3. If the answer to question 1 is “no”, is there any other explanation that LDR may have for the recent trading in its securities?
On the 26 August 2024, Lode Resources Ltd announced that it will commence exploration activities at the Company’s highly prospective and strategic antimony exploration portfolio located in the New England Fold Belt, NSW’s most prolific antimony province. Antimony prices have now reach record levels due to tight supply conditions. Recently China announced the limitation of antimony exports due to national security concerns. Antimony is considered by most western nations to be one of the world’s most critical metals.
4. Please confirm that LDR is complying with the Listing Rules and, in particular, Listing Rule 3.1.
Confirmed . LDR is complying with Listing Rules and, in particular’ Listing Rule 3.1
5. Please confirm that LDR’s responses to the questions above have been authorised and approved under its published continuous disclosure policy or otherwise by its board or an officer of LDR with delegated authority from the board to respond to ASX on disclosure matters.
Confirmed.
Dona Ferentes
Ce fut, je vous assure, bien malgré moi
- Joined
- 11 January 2016
- Posts
- 19,180
- Reactions
- 26,213
and now in TH, till next week at $0.11 ...
trading halt of its securities pending
the release of an announcement regarding the execution of a Head of Agreement regarding the acquisition of the share capital of an entity who is the registered and beneficial owner of mining and exploration tenements.
Dona Ferentes
Ce fut, je vous assure, bien malgré moi
- Joined
- 11 January 2016
- Posts
- 19,180
- Reactions
- 26,213
"War & Peace" ?
.
it's all in the timing
.
Dona Ferentes
Ce fut, je vous assure, bien malgré moi
- Joined
- 11 January 2016
- Posts
- 19,180
- Reactions
- 26,213
$0.094
MONTEZUMA ANTIMONY PROJECT
Highlights
• An inaugural batch of high-grade drill core assays have been received resulting in spectacular high-grade antimony and silver drill intercepts. The assays have also shown mineralisation to be generally much wider than previously thought.
Furthermore, significant gold, copper and tin assay values have enhanced the overall mineral endowment.
MONTEZUMA ANTIMONY PROJECT
Highlights
• An inaugural batch of high-grade drill core assays have been received resulting in spectacular high-grade antimony and silver drill intercepts. The assays have also shown mineralisation to be generally much wider than previously thought.
Furthermore, significant gold, copper and tin assay values have enhanced the overall mineral endowment.
Dona Ferentes
Ce fut, je vous assure, bien malgré moi
- Joined
- 11 January 2016
- Posts
- 19,180
- Reactions
- 26,213
$0.092 ... likely to open higher
a new batch of high-grade assays have been received from previous drilling at the recently acquired Montezuma Antimony Project located in Tasmanian’s premier West Coast Mining Province.
Highlights
• A new batch of high-grade drill core assays have been received resulting in spectacular high-grade antimony and silver drill intercepts. These assays have also shown mineralisation to be generally much wider than previously thought. Furthermore, significant gold, copper and tin assay values have enhanced the overall mineral endowment.
• Significant intercepts include:
➢ 18.23% Sb, 612 g/t Ag, 1.30 g/t Au over 0.8m in drill hole MZSFW7
➢ 5.36% Sb, 913 g/t Ag, 0.66 g/t Au over 1.9m in drill hole MZSFW1
➢ 6.58% Sb, 826 g/t Ag and 0.76 g/t Au over 1.3m in drill hole MZS03
➢ 5.51% Sb, 285 g/t Ag and 1.33 g/t Au over 0.9m in drill hole MZS02
• These very high-grade antimony and silver drill intercepts are contained within broader nevertheless high-grade intercepts:
➢ 3.57% Sb, 432 g/t Ag, 1.03 g/t Au over 7.0m in drill hole MZSFW7
➢ 1.86% Sb, 291 g/t Ag, 0.38 g/t Au over 9.5m in drill hole MZSFW1
➢ 2.31% Sb, 329 g/t Ag and 0.48 g/t Au over 4.8m in drill hole MZS03
➢ 1.79% Sb, 101 g/t Ag and 0.51 g/t Au over 3.0m in drill hole MZS02
• An extensive diamond drill programme of up to 10,000m is in the final stages of planningand details are expected to be reported to the market once mobilisation is underway. The Montezuma deposit remains open to the north, south and at depth.
• Lode has reviewed and modeled historic soil sampling which has revealed a 500m long tin anomaly that is coincident with the modelled extension of the Montezuma structure at surface and along strike.
• Ongoing surface mapping and sampling is focusing on this coincidental geochemical and modelled structure target as it has the potential to extend the Montezuma structure significantly.
a new batch of high-grade assays have been received from previous drilling at the recently acquired Montezuma Antimony Project located in Tasmanian’s premier West Coast Mining Province.
Highlights
• A new batch of high-grade drill core assays have been received resulting in spectacular high-grade antimony and silver drill intercepts. These assays have also shown mineralisation to be generally much wider than previously thought. Furthermore, significant gold, copper and tin assay values have enhanced the overall mineral endowment.
• Significant intercepts include:
➢ 18.23% Sb, 612 g/t Ag, 1.30 g/t Au over 0.8m in drill hole MZSFW7
➢ 5.36% Sb, 913 g/t Ag, 0.66 g/t Au over 1.9m in drill hole MZSFW1
➢ 6.58% Sb, 826 g/t Ag and 0.76 g/t Au over 1.3m in drill hole MZS03
➢ 5.51% Sb, 285 g/t Ag and 1.33 g/t Au over 0.9m in drill hole MZS02
• These very high-grade antimony and silver drill intercepts are contained within broader nevertheless high-grade intercepts:
➢ 3.57% Sb, 432 g/t Ag, 1.03 g/t Au over 7.0m in drill hole MZSFW7
➢ 1.86% Sb, 291 g/t Ag, 0.38 g/t Au over 9.5m in drill hole MZSFW1
➢ 2.31% Sb, 329 g/t Ag and 0.48 g/t Au over 4.8m in drill hole MZS03
➢ 1.79% Sb, 101 g/t Ag and 0.51 g/t Au over 3.0m in drill hole MZS02
• An extensive diamond drill programme of up to 10,000m is in the final stages of planningand details are expected to be reported to the market once mobilisation is underway. The Montezuma deposit remains open to the north, south and at depth.
• Lode has reviewed and modeled historic soil sampling which has revealed a 500m long tin anomaly that is coincident with the modelled extension of the Montezuma structure at surface and along strike.
• Ongoing surface mapping and sampling is focusing on this coincidental geochemical and modelled structure target as it has the potential to extend the Montezuma structure significantly.
Dona Ferentes
Ce fut, je vous assure, bien malgré moi
- Joined
- 11 January 2016
- Posts
- 19,180
- Reactions
- 26,213
someone got the lode-down and now it's time to lode up?
Dona Ferentes
Ce fut, je vous assure, bien malgré moi
- Joined
- 11 January 2016
- Posts
- 19,180
- Reactions
- 26,213
Lode up ... now $0.155
.... and a 20 month high
LODE ADVANCES SECOND HIGH-GRADE ANTIMONY PROJECT
Highlights
• Drilling programme to commence at Magwood antimony project with all approvals in place. The initial planned drill program for 15 diamond holes will test semi-parallel lode structures as well as the historically mined lode from surface down to a depth of 450m.
• The Magwood antimony mine has never been drilled despite being a significant historical antimony producer and Australia’s largest primary antimony producer up to the 1970’s with recorded yearly production grades ranging from 4% to 62% Sb. Grab samples from mine dumps have returned up to 41.7% Sb and up to 6.14 g/t Au.
• Multiple antimony bearing lodes have been identified through exploration mapping and literature reviews. Historical mine plans show that only a single lode was previously mined.
Dona Ferentes
Ce fut, je vous assure, bien malgré moi
- Joined
- 11 January 2016
- Posts
- 19,180
- Reactions
- 26,213
and has been moving higher
.
The Company is pleased to announce a maiden Mineral Resource Estimate for 100% owned Webbs Consol precious and base metals project located in the New England Fold Belt in northeastern New South Wales. The MRE, classified according to the 2012 edition of the JORC Code as Inferred and Indicated Resources at a 140g/t AgEq lower cutoff, contains:
1.6 Mt @ 636g/t AgEq1 g/t for 32 M Ounces AgEq
Webbs Consol is a historical mining centre which is known for historic high-grade silver-base metal-bearing lodes. The maiden MRE is a culmination of Lodes ‘s collation of exploration data from a number of recent drill campaigns carried out by Lode Resources. All of the information used for this MRE was derived from Lodes’s exploration and prospect scale drilling campaigns over the last 4 years listed at the end of this report.
The result marks a significant advancement in the Company’s understanding of the Ag‐Zn-Pb sulphide mineralisation associated with the Webbs Consol Leucogranite in the New England Fold Belt of New South Wales. The MRE confirms the scale and quality of the Webbs Consol Ag-Zn-Pb lodes. Development of a Mineral Resource Target as well as further resource definition and extension drilling on Webbs Consol and adjacent mineralisation is under active consideration.
