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WRITTEN BY Aaliyah Rogan

Litchfield Minerals begins trading on ASX

Litchfield Minerals (ASX:LMS), an ‘innovative’ junior explorer focused on critical minerals in the Northern Territory, has begun trading on the Australian Securities Exchange (ASX) today (15 March 2024). 

The company raised $5 million in an initial public offering (IPO) in which Alpine Capital acted as sole lead manager. 

Chairman Peter Eaglen says with uranium spot prices currently at 16-year highs coupled with the continued growth in demand for carbon free energy, the listing is timely. 

“With our Mount Doreen Copper Project being drill-ready, we plan to immediately start exploration with drilling expected to commence shortly.”

The company holds a portfolio of exploration projects including copper and uranium assets, including a 8km long uranium, radiometric anomaly in the Mount Doreen tenement which sits 350km from Alice Springs.

Write to Aaliyah Rogan at Mining.com.au   

Images: Litchfield Minerals
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Written By Aaliyah Rogan
Now based in London as Mining.com.au’s Europe Correspondent, Aaliyah brings years of dedicated reporting mining news. Relocating from New Zealand to Australia before making the leap to the UK, she's built a reputation for sharp storytelling and a genuine passion for the resources industry. When she’s not chasing the latest developments across Europe, Aaliyah can be found exploring new cities, enjoying good food with friends, or unwinding by the water.

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