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Lion Rock Minerals Limited (ASX:LRM)

ALERT: Price-sensitive ASX Announcement for LRM
Current share price for LRM : $0.019 -0.004 (-17.39%)+
Announcement
Release
13 Jul 2026 8:33AM
Price at Release
$0.023
Full Release
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Summary
Lion Rock Minerals Limited announced a third high-grade rutile discovery at the Minta 1 site in Cameroon, part of the broader Minta Rutile and Monazite Project. This discovery features high-grade rutile results up to 66.3% in heavy mineral (HM) content and 1.74% in-situ rutile, extending the known mineralisation area along the Mboma–Loum corridor. The project now spans three tenements, suggesting significant potential for further resource expansion. The exploration results include wide-spaced drilling that sets the stage for future infill and resource drilling operations.
Key Points
  • Third high-grade rutile discovery at Minta 1.
  • High-grade rutile results up to 66.3% in HM and 1.74% in-situ rutile.
  • Discovery expands mineralisation along Mboma–Loum corridor.
  • Minta Project includes three tenements, indicating large-scale potential.
  • Exploration prepares for further infill and resource drilling.
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.