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LMS - Litchfield Minerals

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Litchfield Minerals is a junior exploration company with a focus on identifying and developing high-potential mineral assets in the Northern Territory. It aims to become a leader in the exploration and development of uranium, copper, manganese, and rare earth elements, contributing to the global transition to clean energy.

The Company's primary Project is the Mount Doreen Project in which it holds a 100% interest. Subject to successful registration of the Lucy Creek Tenement (EL 33568), the Company will hold a 100% interest in that tenement.

The Mount Doreen Project is located approximately 350 kilometres northwest of Alice Springs in Arunta Region of Aileron Province. The tenement comprising the Mount Doreen Project was granted on 5 June 2018 for an initial period of six years and the Northen territory government has renewed the Exploration Licence to June 2026.

The Lucy Creek Project comprises the application for an exploration licence (ELA 33568) and is located approximately 400 kilometres Northeast of Alice Springs. The Lucy Creek Project is an 'early-stage' exploration project that encompasses an area of 791.64 square kilometres.

The Company seeks to further explore, drill and if appropriate, develop its Projects, with a focus at listing on the Mount Doreen Project. The Company intends to systematically subject apply modern exploration and development methods to its Projects.

The Company may also seek additional tenements in the future and so build a portfolio of exploration and development assets complimentary to the Tenements, if its Directors consider that they will add additional value to the Company at the relevant time.

It is anticipated that LMS will list on the ASX during March 2024.

 
another one that is still open. Will it get across the line?
Listing date07 March 2024 #
Company contact detailshttps://litchfieldminerals.com.au/
Ph: 61 499 933 314
Principal ActivitiesMineral exploration.
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeLMS
Capital to be Raised$5,500,000
Expected offer close date28 February 2024
UnderwriterNot underwritten. Alpine Capital Pty Ltd ACN (Lead Manager).
 
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