05
Dec
02:10
LCL raises fund to advance PNG nickel project
Australian miner LCL Resources has secured firm commitments to raise AUD 3 million ($1.98m) through a placement to professional and sophisticated investors, primarily to advance its Papua New Guinea (PNG) nickel project, Kallanish notes.
LCL Resources says in a statement that with the placement proceeds, the next phase of LCL’s fieldwork will include further mapping and trenching at the Iyewe and Veri Veri prospects; re-interpretation of historical geophysi…
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