SLA - Solara Minerals

[System]

Lycaon Resources Limited is an Australian unlisted public company, with projects in three of Western Australia's premier geological provinces.

Lycaon holds the rights to acquire three projects, the Gnewing Bore Project (prospective for gold-silver and copper), the Rocky Dam Project (prospective for gold and base metals) and the Julimar Project (prospective for nickel, copper and PGEs).

The Company's main objectives upon listing on the ASX will be to:

(a) systematically explore and seek to develop each of the Projects;
(b) assess new strategic acquisitions and investment opportunities that may present;
(c) implement a growth strategy and actively canvas other mineral exploration and resource opportunities which have the potential to generate growth and value for shareholders; and
(d) provide working capital.

It is anticipated that LYN will list on the ASX during November 2021.

Home - Lycaon Resources

Lycaon Resources (LYN) is an ASX-listed exploration company dedicated to unlocking the mineral wealth of Western Australia's West Arunta and Kimberley regions. Focused on critical minerals like niobium, LYN boasts a strategic portfolio, robust financial position, and experienced team committed to su

www.lycaonresources.com

 

[Dona Ferentes]

Listing date	17th November 2021 12:30 PM AEDT ##
Company contact details	www.lycaonresources.com/ Ph: +61 8 6188 8181
Principal Activities	Mineral exploration and mining
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	Ordinary Fully Paid Shares
Security code	LYN
Capital to be Raised	$5,000,000
Expected offer close date	28 October 2021
Underwriter	Not underwritten. Canaccord Genuity (Australia) Limited and Inyati Capital Pty Ltd (Joint Lead Managers)

 

[Dona Ferentes]

happy anniversary. One year on the bourse

Lycaon Resources Limited (ASX: LYN) announced that via its wholly owned subsidiary, West Arunta Resources Pty Ltd, it has entered into a conditional binding Heads of Agreement to acquire the Stansmore REE carbonatite project, exploration licence E80/5723 in the West Arunta region of Western Australia.

Recent discoveries by WA1 Resources and Encounter Resources have demonstrated the potential for the West Arunta region to host significant REE and IOCG type mineralisation systems. Alkaline systems are key drivers in the formation of IOCG and carbonatite-hosted REE deposits, with the region seeing a renewed exploration focus these deposit types

 

[Miner]

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02703018-6A1164922?access_token=83ff96335c2d45a094df02a206a39ff4

Next Investors and stockhead are pumping this stock on this linked news
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
so I thought to have a look on this stock and never heared of them earlier

 

[Dona Ferentes]

In response to the questions raised in the ASX Letter, the Company advises as follows:
1. Is LYN 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?
On 10 December 2024, the Company announced that it had completed a drilling program at its Stansmore Project located in the West Arunta region in Western Australia. The Company noted in this announcement that samples
had been sent to Intertek in Perth for analysis with results anticipated to have a turnaround time of 15 - 25 days upon receival at the laboratory. The Company also advised in this announcement that it was intending to update the market on assay results in Q1, 2025.
The Company was relying on Listing Rule 3.1A in relation to undisclosed assay results of this drilling program at the time it received the ASX Letter. These assay results had not yet been reported to the market given that the review and interpretation of this information was incomplete and undergoing assessment and review by the Company’s technical consultant and the Board, and also pending receipt of drillhole data. The intention of the Company was to report the assay results to the market once the review and interpretation of the information had been finalised
The Company does not believe that information regarding the assay results explains the recent trading in its securities and does not have any reason to believe that the confidentiality of the assay results had been lost at any time prior to receipt of the ASX Letter.
Notwithstanding the above, in light of recent trading in its securities and to
ensure a fully informed market, the Company requested a trading halt
promptly after receipt of the ASX Letter and sought to expedite the review and reporting of the assay results to the market. The Company has released an ASX announcement titled ‘Assay Results from West Arunta Drilling’ today reporting the available information on the assay results, in conjunction with this response
to the ASX Letter.

In addition to the above, the blah blah blah

.see Ann.

 

[System]

On March 6th, 2025, Lycaon Resources Limited (LYN) changed its name and ASX code to Solara Minerals Limited (SLA).