LCL 11.1% 0.8¢ lcl resources limited

Boom! Well, welllll under-valued here. Wide intercepts, rich...

  1. 91 Posts.
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    Boom!

    Well, welllll under-valued here.

    Wide intercepts, rich grades, from surface.

    "Los Cerros retains a robust balance sheet with over $23M1 cash as we near the end of September, and has 4 diamond rigs deployed at Tesorito South focused on extending the boundaries of the gold mineralised zone ahead of a resource drill-out"

    "These latest results have continued to demonstrate a further expansion of the high grade shallow gold zone at Tesorito South"


    “We continue to be encouraged by strong results from our Tesorito drill campaign, particularly the high grade surface results in TS-DH29 and ’30 which add to the potential volumes of 2-3g/t gold extending from surface- which is always going be a positive when we ultimately consider mining economics”.

    "The Company has four drill rigs currently drilling at Tesorito South with three rigs pursuing extensions to the north of the established zones of interest. The fourth rig has commenced testing southern extensions which remains open on a wide front."



    With over $23M1 in cash reserves, the Company has multiple streams of exploration activity advancing the project pipeline
 
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