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Lightning Minerals Ltd (ASX:L1M)

ALERT: Price-sensitive ASX Announcement for L1M
Current share price for L1M : $0.014 -0.009 (-39.13%)+
Announcement
Release
4 Jun 2026 9:46AM
Price at Release
$0.023
Full Release
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Summary
Lightning Minerals Ltd has announced high-grade tungsten assay results at their Warby Project in North Queensland. The initial rock chip sampling confirmed extensive tungsten mineralisation across multiple wolframite-bearing vein systems within a 2km structural corridor. The assays returned tungsten values ranging from 750ppm to over 50,000ppm W, with significant findings from various samples showing high percentages of tungsten content. The presence of elevated bismuth, tin, and copper associated with the tungsten mineralisation highlights the project's prospectivity. Follow-up mapping and geochemical sampling are planned to further delineate the extent of mineralisation.
Key Points
  • High-grade tungsten assays confirm extensive mineralisation at Warby Project.
  • Assay results show tungsten values from 750ppm to over 50,000ppm W.
  • Significant samples include >5% tungsten content.
  • Elevated bismuth, tin, and copper values also present.
  • Planning further mapping and geochemical sampling in Q3.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.