Skip to content
Finance Investment, Oil Mining Resources

Litchfield Minerals (ASX:LMS) – Lucy Creek Exploration Licence Granted

Litchfield Minerals Limited (ASX:LMS) < 1 mins read

Litchfield Minerals Limited (ASX:LMS) (“Litchfield” of the “Company”) is pleased to announce that Lucy Creek tenement, (EL 33568) has been granted for an initial 6 year period. The Lucy Creek tenement is located approximately 400 kilometres north-east of Alice Springs (refer Figure 1) and is an 'early-stage' exploration project that encompasses an area of 791.64 square kilometres.

The Company considers that the project is prospective for several exploration models, namely: 

1) high‐grade manganese‐iron deposits, potentially associated with elevated rare earth elements (REE) and possible cobalt mineralisation;

2) REE mineralisation associated with Georgina Basin carbonate sediments, similar to known occurrences elsewhere in the basin; 

3) Kimberlitic diamond mineralisation; and 

4) Mississippi Valley style base metal mineralisation hosted by Georgina Basin sediments. 

Matthew Pustahya, Managing Director commented on the granting on the Lucy Creek Exploration Licence.

“The granting of our second exploration licence is great news for Litchfield as it now provides Litchfield with exploration optionality. In the short term, we have commenced desk top studies on Lucy Creek, while the Company focuses its exploration activities on the Mount Doreen tenement.”

About us:

Litchfield Minerals is a critical mineral explorer, primarily searching for base metals and uranium out of the Northern Territory of Australia. Our mission is to be a pioneering copper exploration company committed to delivering cost-effective, innovative and sustainable exploration solutions.

Contact details:

Jane Morgan


More from this category

  • Finance Investment
  • 23/05/2024
  • 12:47
Salt & Lime

Salt & Lime and iPartners Strike a $100 Million Private Credit Facility Deal to Champion Consumer Lending Growth

Financial education first consumer lender Salt & Lime has locked in a new $100 million private credit facility with leading Australian private credit provider iPartners. The deal will support Salt &Lime’s strong growth in lending through mortgage and finance brokers and direct to consumer channels. Salt & Lime is a socially responsible consumer finance lender with an education first approach to customers. Salt & Lime provides rate reducing loans to customers as they complete financial education modules on topics ranging from household budgeting to how lending works. iPartners is Australia’s leading private credit provider with a bespoke technology platform forinvestors…

  • Contains:
  • Oil Mining Resources
  • 22/05/2024
  • 22:07
Robex Resources Inc.

Robex Resources Inc. Announces Maiden 303koz Indicated Mineral Resources at the Mansounia Deposit

QUEBEC CITY, May 22, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is pleased to announce a Mineral Resource Estimate update prepared by Micon International Co Limited (“Micon”) for the Mansounia Central and Mansounia South deposits (collectively, the “Mansounia Deposit”) in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), (the “Mansounia 2024 MRE Update”).Highlights of the Mansounia 2024 MRE Update include:The total contained gold for the Mansounia Indicated Mineral Resources is reported as 303koz following the conversion of 35% of Inferred Mineral Resources to Indicated Mineral Resources compared to…

  • Industrial Relations, Oil Mining Resources
  • 22/05/2024
  • 13:58
Mining and Energy Union

BHP suffers another defeat as OS Agreement rejected again

The Fair Work Commission has rejected another application by BHP for approval of an Enterprise Agreement to cover its production workforce. The Mining and Energy Union said the FWC decision, which found that the proposed Enterprise Agreement was not valid because it had not been explained properly to workers, was the latest in a string of legal defeats for BHP’s in-house labour hire operation. MEU Queensland President Mitch Hughes said the decision delivered late Tuesday was a further indication that BHP’s approach in setting up a subsidiary to provide itself with a cheaper workforce was flawed. “This decision further exposes…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.