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LCL presents at the Australian Nickel Conference

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Published 17-OCT-2023 10:00 A.M.

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A key reason we are Invested in LCL Resources (ASX: LCL) is because its projects offer an exposure to:

  • Blue sky exploration potential - PNG projects where LCL could deliver company making nickel-gold-copper discoveries.
  • Development stage with in ground resource - A development ready gold project in Colombia with a JORC resource of over 2.6m ounces of gold

While the company’s Colombian projects are progressing through permitting process’ LCL’s exploration focus is on its PNG projects.

Over the last few months LCL has completed a ~3,000m drill program on its gold-copper target and consolidated ~3,400km^2 of ground around its Veri Veri nickel project.

Now LCL holds what could be the biggest nickel anomaly in the PNG.

Earlier this month LCL presented at the Australian Nickel Conference giving a really good <15 minute overview of its projects with a specific focus on its nickel projects.

Check out the presentation here:

LCL Presentation_Aus Nickel Conference

What’s next at LCL’s nickel targets?

LCL’s exploration plan is to:

  • Review historical exploration data across its nickel targets.
  • A field program across its nickel sulphide targets, including sampling, mapping, trenching and some EM surveys to generate drill targets.

LCL expects to do all of this work in the lead up to a 2024 drill program.