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Leeuwin Metals Ltd (ASX:LM1)

ALERT: Price-sensitive ASX Announcement for LM1
Current share price for LM1 : $0.175 -0.025 (-12.50%)+
Announcement
Release
28 Jan 2026 8:16AM
Price at Release
$0.200
Full Release
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Summary
Leeuwin Metals Ltd (ASX: LM1) is progressing aggressively with its exploration efforts at the Marda Gold Project in Western Australia, focusing on the Mt King and Evanston prospects. Recent exploration has yielded multiple high-grade rock chip samples at Mt King, highlighting potential new discoveries. Drilling at Evanston is ongoing, targeting extensions and new anomalies, with initial results expected soon. The company's strategic initiatives include enhancing resource growth and pipeline development in 2026, supported by a newly appointed Exploration Manager.
Key Points
  • Multiple high-grade rock chip samples at Mt King prospect, some exceeding 10g/t gold.
  • Drilling at Evanston is aimed at expanding the existing mineral resource.
  • Leeuwin Metals is well-funded for its accelerated exploration program.
  • Exploration Manager appointed to lead exploration across the portfolio.
  • Strategic reviews of additional projects in Canada ongoing.
  • Efforts focus on building a robust pipeline of high-quality targets.
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.