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Lord Resources Limited (ASX: LRD) has completed a ~60-line km Moving Loop Electromagnetic (MLEM) survey at its Ilgarari Copper Project in Western Australia, identifying several high-priority conductive targets. These include a significant EM conductor aligned with historic high-grade copper zones at the Alac lode, delivering compelling drill-ready targets. Notably, four out of five top-tier conductors exceed 750 Siemens, indicating the strong potential for significant sulphide copper mineralisation.
With heritage and environmental approvals secured, the project is now fully permitted for drilling, with initial drill programs expected to commence in the coming weeks. Located just 120km north of Sandfire Resources’ high-grade DeGrussa Copper-Gold Mine, Ilgarari provides rare ASX exposure to Western Australian copper. Backed by the WA Government’s Exploration Incentive Scheme, Lord aims to unlock deeper mineralised zones below 120m, where it holds an 80% earn-in right. Final modelling is underway, and additional EM targets are anticipated across the Ilgarari fault system.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.