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Leeuwin Metals Ltd (ASX:LM1)

ALERT: Price-sensitive ASX Announcement for LM1
Current share price for LM1 : $0.220 0.03 (15.79%)+
Announcement
Release
29 Jul 2026 9:59AM
Price at Release
$0.190
Full Release
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Summary
Leeuwin Metals Ltd (ASX: LM1) has announced an upgrade to the Mineral Resource Estimate at its Marda Gold Project in Western Australia, increasing the total gold resources to 378,600 oz. This represents a significant growth, particularly at the Evanston site where total ounces have increased by 22% and Indicated ounces by 53%. The Marda Gold Project, which includes the Evanston and Dugite deposits, is strategically located with mining leases facilitating future development. The company is conducting further exploration and development work across multiple targets in the project area, with a focus on increasing resource confidence and initiating environmental and mine planning studies.
Key Points
  • Marda Gold Project resource grows to 378,600 oz.
  • Evanston's total ounces increase by 22%, Indicated up 53%.
  • All gold resources are located on granted Mining Leases.
  • Future exploration to focus on Golden Orb, Deception Hill, and Mt King.
  • Development work includes environmental studies and mine planning.
  • The project is strategically located with existing infrastructure support.
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.