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Lion Rock Minerals Limited (ASX:LRM)

ALERT: Price-sensitive ASX Announcement for LRM
Current share price for LRM : $0.025 -0.001 (-3.85%)+
Announcement
Release
11 Jun 2026 8:30AM
Price at Release
$0.026
Full Release
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Summary
Lion Rock Minerals Limited has announced strong drilling results from their exploration program, which confirms significant mineral resources, particularly high-grade rutile, a titanium dioxide mineral. The reported results from various drilling sites show promising percentages of in-situ rutile, supporting the company's strategic development plans. The report includes detailed data on mineral assemblages and reinforces Lion Rock's confidence in the commercial potential of their findings, aiming to enhance shareholder value through continued exploration efforts.
Key Points
  • Lion Rock Minerals Limited has reported strong results from their drilling program.
  • The drilling results confirm the presence of significant mineral resources.
  • The focus of the drilling was on rutile, a titanium dioxide mineral.
  • Several drilling sites showed high percentages of in-situ rutile.
  • These results support Lion Rock's ongoing exploration and development strategy.
  • The company is optimistic about the commercial potential of the findings.
  • The drilling program utilized vertical drilling techniques.
  • The report includes detailed analysis and data on the mineral assemblages.
  • Lion Rock aims to enhance shareholder value through strategic exploration initiatives.
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.