Lightning Minerals Ltd

L1M

AU0000247256

Diversified Mining

Market Closed - Australian S.E. Other stock markets 10:30:56 2024-06-26 pm EDT			5-day change	1st Jan Change
0.07 ^AUD	-2.78%		-1.41%	-50.00%

Jun. 19	Lightning Minerals Completes Acquisition of Bengal Mining, Brazilian Lithium Projects	MT
Jun. 18	Lightning Minerals Ltd completed the acquisition of Bengal Mining Pty. Ltd.	CI

Lightning Minerals acquires highly prospective Canadian lithium projects

August 14, 2023 at 02:31 pm EDT

(via NewsDirect)

Lightning Minerals Ltd (ASX:L1M) CEO Alex Biggs tells Proactive the company has entered an agreement to acquire two projects in the prolific lithium region of James Bay, Quebec, Canada, providing a major boost to the company’s strategy of developing a portfolio of high-quality lithium and critical minerals assets in tier-one jurisdictions.

L1M has entered a binding Letter of Intent with the project vendors, Lithium Rabbit Quebec Pty Ltd, to acquire 100% interest in the two James Bay projects — the 47-square-kilometre Dalmas Project and the 32-square-kilometre Hiver Project.

Biggs said: “We’re excited to have begun our follow-up RC program immediately post-completion of our aircore drilling on E63/2001.

“The speed at which we have pivoted to RC drilling is a demonstration of our confidence in the pegmatite intersections we are seeing and our desire to complete our exploration quickly and effectively.

“Drilling below the weathered lithology encountered during our aircore drilling presents the opportunity to now target fresh rock, gain an understanding of pegmatite orientations and test the potential for LCT mineralisation.”

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

Jonathan@proactiveinvestors.com

Latest news about Lightning Minerals Ltd

Lightning Minerals Completes Acquisition of Bengal Mining, Brazilian Lithium Projects	Jun. 18	MT
Lightning Minerals Ltd completed the acquisition of Bengal Mining Pty. Ltd.	Jun. 17	CI
Lightning Minerals Commences Auger Sampling Campaign at Western Australia Project	Jun. 10	MT
Lightning Minerals Completes Due Diligence for Bengal Mining Acquisition	May. 27	MT
Lightning Minerals Finds Prospective Zones at Dundas Project	May. 13	MT
Lightning Minerals Acquiring Brazilian Lithium Projects	Apr. 22	MT
Lightning Minerals Ltd has entered into binding share sale agreement to acquire Bengal Mining Pty. Ltd. for AUD 4.6 million.	Apr. 21	CI
Lightning Minerals Ltd Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 14	CI
Lightning Minerals Concludes Aircore Drilling at Tenement E63/2000	Feb. 08	MT
Lightning Minerals Commences Aircore Drilling on Priority Lithium Targets at Dundas South Project	Jan. 23	MT
Lightning Minerals Appoints Contractor for Drill Program at Western Australian Tenement	Dec. 14	MT
Lightning Minerals Finds Soil Anomalies at Dundas South Project	Dec. 01	MT
1,500,000 Ordinary Shares of Lightning Minerals Ltd are subject to a Lock-Up Agreement Ending on 18-NOV-2023.	Nov. 17	CI
Lightning Minerals Finds Pegmatitic Lithologies at Canadian Projects	Nov. 03	MT
Lightning Minerals Completes Sampling Program at Dundas South Project	23-10-09	MT
Lightning Minerals Evaluates Drill Results at Dundas South Project	23-10-02	MT
Lightning Minerals Ltd Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-28	CI
Lightning Minerals Ltd Announces Board Changes	23-09-28	CI
Lightning Minerals to Acquire 2 Lithium Projects in Canada	23-09-27	MT
Lightning Minerals Completes Phase One Drilling Campaign at Dundas Project in Western Australia	23-09-01	MT
Lightning Minerals Generates Targets at Canadian Projects	23-08-30	MT
Lightning Minerals Begins RC Drilling at Dundas Project; Shares Rise 6%	23-08-13	MT
100,000 Ordinary Shares of Lightning Minerals Ltd are subject to a Lock-Up Agreement Ending on 12-AUG-2023.	23-08-11	CI
Lightning Minerals Ltd entered into a binding Letter of Intent to acquire Dalmas Project and Hiver Project in the prolific lithium region of James Bay, Quebec, Canada for AUD 1.7 million.	23-08-10	CI
Lightning Minerals Completes Maiden Air-Core Drilling Program at Western Australia's Dundas Project; Shares Decline 8%	23-08-08	MT

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Lightning Minerals Limited is an Australia-based mineral exploration company. The Company is focused on the exploration of critical minerals and lithium at its tenements across Western Australia. Its flagship Dundas Project is located in the Dundas region of Western Australia. Its Caraibas and Sidronio Lithium Projects are located in the Eastern Brazilian Pegmatite Province that encompasses about 150,000 square kilometers, stretching from Bahia state to Rio de Janeiro state. The Company also owns the Dalmas and Hiver lithium projects in Quebec, Canada, another significant and evolving lithium region globally as well as other projects in Western Australia which include Mt Jewell, Mt Bartle and Mailman Hill, which are prospective for base metals and critical minerals. The Dundas Project is 454 square kilometer land holding in Western Australia that is prospective for lithium and critical minerals. The Caraibas Project consists of five separate tenements covering about 1,733 hectares.

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Diversified Mining

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Sector Integrated Mining

	1st Jan change	Capi.
LIGHTNING MINERALS LTD	-50.00%	2.74M
BHP GROUP LIMITED	-14.40%	146B
RIO TINTO PLC	-10.80%	113B
GLENCORE PLC	-4.09%	69.68B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	-11.02%	42.98B
GRUPO MÉXICO, S.A.B. DE C.V.	+2.28%	41.25B
ANGLO AMERICAN PLC	+26.28%	38.7B
HINDUSTAN ZINC LIMITED	+111.43%	32.86B
TECK RESOURCES LIMITED	+18.03%	25.02B
VEDANTA LIMITED	+71.46%	19.62B

Integrated Mining

Lightning Minerals Ltd

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L1M

AU0000247256

Diversified Mining

Lightning Minerals acquires highly prospective Canadian lithium projects

Contact Details

Latest news about Lightning Minerals Ltd

Chart Lightning Minerals Ltd

Company Profile

Income Statement Evolution

Sector Integrated Mining