https://newsletter.mw.creamermedia.com
Copper|Energy|Exploration|PROJECT|Projects|Solutions
Copper|Energy|Exploration|PROJECT|Projects|Solutions
copper|energy|exploration|project|projects|solutions

Copper and uranium explorer announces ASX listing

7th February 2024

By: Creamer Media Reporter

     

Font size: - +

Litchfield Minerals, a junior exploration company focused on the Northern Territory, on Wednesday announced its planned listing on the ASX.

With an initial focus on uranium and copper exploration, Litchfield is poised to capitalise on the increasing global demand for uranium, driven by a forecasted supply shortfall and the growing push for clean energy solutions.

Litchfield exploration projects include copper assets and uranium holdings with an 8-km-long uranium, radiometric anomaly in the Mount Doreen tenement, located 350 km from Alice Springs. This project is adjacent to the ASX-listed Energy Metals’ Bigryli uranium deposit, highlighting the area's rich uranium potential.

The company is drill-ready and plans to drill its initial targets early at Mount Doreen.

Litchfield plans on exploring the highly prospective Lucy Creek project later in the year, known for its potential in manganese, sedimentary base metals and rare earths.

The anticipation of a uranium market resurgence has energised interest in ASX-listed uranium stocks, with Litchfield Minerals strategically positioned to lead the exploration frontier in the Northern Territory.

The company is seeking to raise A$4.5-million to A$5.5-million at 20c a share, which would give it a A$6.6-million to A$7.6-million market capitalisation upon listing and an enterprise valuation of A$2-million.

Edited by Creamer Media Reporter

Comments

Showroom

Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 
SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.092 0.189s - 128pq - 2rq
Subscribe Now