Australian (ASX) Stock Market Forum

LDR - Lode Resources

10c at end of August
and ran to 12c on Friday... a bit of volume - only 1 million shares -

1. Is LDR aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?
No.
2. If the answer to question 1 is “yes”.
No Applicable
3. If the answer to question 1 is “no”, is there any other explanation that LDR may have for the recent trading in its securities?
On the 26 August 2024, Lode Resources Ltd announced that it will commence exploration activities at the Company’s highly prospective and strategic antimony exploration portfolio located in the New England Fold Belt, NSW’s most prolific antimony province. Antimony prices have now reach record levels due to tight supply conditions. Recently China announced the limitation of antimony exports due to national security concerns. Antimony is considered by most western nations to be one of the world’s most critical metals.
4. Please confirm that LDR is complying with the Listing Rules and, in particular, Listing Rule 3.1.
Confirmed . LDR is complying with Listing Rules and, in particular’ Listing Rule 3.1
5. Please confirm that LDR’s responses to the questions above have been authorised and approved under its published continuous disclosure policy or otherwise by its board or an officer of LDR with delegated authority from the board to respond to ASX on disclosure matters.
Confirmed.
 
and ran to 12c on Friday... a bit of volume - only 1 million shares -
1. Is LDR aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities?
No.
and now in TH, till next week at $0.11 ...

trading halt of its securities pending
the release of an announcement regarding the execution of a Head of Agreement regarding the acquisition of the share capital of an entity who is the registered and beneficial owner of mining and exploration tenements
.
 
"War & Peace" ?

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it's all in the timing
 
$0.094

MONTEZUMA ANTIMONY PROJECT

Highlights
• An inaugural batch of high-grade drill core assays have been received resulting in spectacular high-grade antimony and silver drill intercepts. The assays have also shown mineralisation to be generally much wider than previously thought.
Furthermore, significant gold, copper and tin assay values have enhanced the overall mineral endowment.
 
$0.092 ... likely to open higher

a new batch of high-grade assays have been received from previous drilling at the recently acquired Montezuma Antimony Project located in Tasmanian’s premier West Coast Mining Province.

Highlights
• A new batch of high-grade drill core assays have been received resulting in spectacular high-grade antimony and silver drill intercepts. These assays have also shown mineralisation to be generally much wider than previously thought. Furthermore, significant gold, copper and tin assay values have enhanced the overall mineral endowment.
• Significant intercepts include:
➢ 18.23% Sb, 612 g/t Ag, 1.30 g/t Au over 0.8m in drill hole MZSFW7
➢ 5.36% Sb, 913 g/t Ag, 0.66 g/t Au over 1.9m in drill hole MZSFW1
➢ 6.58% Sb, 826 g/t Ag and 0.76 g/t Au over 1.3m in drill hole MZS03
➢ 5.51% Sb, 285 g/t Ag and 1.33 g/t Au over 0.9m in drill hole MZS02
• These very high-grade antimony and silver drill intercepts are contained within broader nevertheless high-grade intercepts:
➢ 3.57% Sb, 432 g/t Ag, 1.03 g/t Au over 7.0m in drill hole MZSFW7
➢ 1.86% Sb, 291 g/t Ag, 0.38 g/t Au over 9.5m in drill hole MZSFW1
➢ 2.31% Sb, 329 g/t Ag and 0.48 g/t Au over 4.8m in drill hole MZS03
➢ 1.79% Sb, 101 g/t Ag and 0.51 g/t Au over 3.0m in drill hole MZS02
• An extensive diamond drill programme of up to 10,000m is in the final stages of planningand details are expected to be reported to the market once mobilisation is underway. The Montezuma deposit remains open to the north, south and at depth.
• Lode has reviewed and modeled historic soil sampling which has revealed a 500m long tin anomaly that is coincident with the modelled extension of the Montezuma structure at surface and along strike.
• Ongoing surface mapping and sampling is focusing on this coincidental geochemical and modelled structure target as it has the potential to extend the Montezuma structure significantly.
 
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