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Litchfield Minerals Limited (ASX:LMS)

ALERT: Price-sensitive ASX Announcement for LMS
Current share price for LMS : $0.205 -0.035 (-14.58%)+
Announcement
Release
18 Jun 2026 8:35AM
Price at Release
$0.240
Full Release
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Summary
Litchfield Minerals Limited, supported by the BHP Xplor Program, has redefined the Harts Range in Northern Territory, Australia, from a series of isolated prospects into a comprehensive copper-nickel mineral system. This new perspective is informed by identifying the deep conductor C2 beneath known mineralized zones, which is not visible in broader surveys, suggesting the possibility of undetected conductors. The integration of varied datasets into a mineral systems model has been pivotal. Upcoming detailed magnetotelluric and gravity surveys aim to discover additional conductors, advancing Litchfield's capacity for significant mineral exploration.
Key Points
  • Litchfield Minerals Limited is redefining Harts Range as a district-scale copper-nickel mineral system.
  • BHP Xplor-supported research identified a deep conductor, C2, beneath Blackadder-Baldrick Ni-Cu-PGE prospects.
  • The C2 conductor is not visible in broader regional datasets, suggesting further hidden conductors.
  • Integration of geophysical, structural, and isotopic datasets aids in developing a coherent mineral systems model.
  • Litchfield is undertaking detailed MT and gravity surveys to identify additional C2-style conductors.
  • The BHP Xplor Program has enhanced Litchfield's strategic and technical capabilities for large-scale mineral discovery.
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.