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Copper|Energy|Exploration|PROJECT|Projects|Drilling
Copper|Energy|Exploration|PROJECT|Projects|Drilling
copper|energy|exploration|project|projects|drilling

NT junior Litchfield lists on ASX

15th March 2024

By: Creamer Media Reporter

     

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Litchfield Minerals, a junior exploration company focused on critical minerals in the Northern Territory, made its debut on the ASX on Friday.

The listing followed a successful initial public offering raising A$5-million before costs.

The company’s initial focus is on copper and uranium exploration, with drill-ready assets about 350 km from Alice Springs. The Mount Doreen project is adjacent to Energy Metals’ Bigryli uranium deposit.

“With uranium spot prices currently at 16-year highs, coupled with the continued growth in demand for carbon-free energy, the listing is timely and presents a significant opportunity to create significant shareholder value through the systematic exploration of our projects,” said chairperson Peter Eaglen.

He added that the company planned to start drilling shortly.

Edited by Creamer Media Reporter

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