Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%
Lithium
44.08
0.36%
Gold
2,734.60
(0.42%)
Copper
4.45
0.34%
Oil
71.56
(0.08%)
Bitcoin
67,852.07
0.1%
FTSE 100
8,184.20
0.09%
Nikkei 225
38,474.66
0.52%
Dow Jones
41,794.60
(0.5%)
Iron Ore
105.05
1.09%
USD/AUD
0.66
0.03%
Hang Seng
20,618.89
1.02%

Labyrinth Resources (ASX: $LRL) enters option agreement for gold exploration projects

Labyrinth Resources' strategic gold exploration move


Labyrinth Resources (ASX:LRL) has entered a binding option agreement with Rocktivity Gold Pty Ltd, a subsidiary of Olympio Metals Limited (ASX:OLY). This agreement could see Labyrinth acquiring 100% of the Mulwarrie and Mulline projects in Western Australia. The option provides a 3-month period to decide on the purchase, aligning with Labyrinth's strategic exploration goals.

Labyrinth's expansion into Eastern Goldfields


Labyrinth Resources has signed an option agreement to potentially acquire the Mulwarrie and Mulline projects, enhancing its gold exploration in Western Australia. The agreement includes a $50,000 initial payment and further financial commitments if exercised. Strategically located near existing mining operations, these projects offer promising exploration opportunities. This move aligns with Labyrinth's strategy to consolidate underexplored gold areas, aiming to boost shareholder value through strategic acquisitions and exploration. The transaction is subject to regulatory and shareholder approvals, with caution advised regarding forward-looking statements.

Labyrinth Resources CEO's insights


The alignment of this option with our objectives to acquire and explore underexplored gold tenure in the Eastern Goldfields is a significant step for us.

| ASX
(+0%)
At close 04/11 (AEDT)
Market cap
$111.0M
Volume
3,804,948
DY Yield
PE Ratio
52 Week Range
0.024 - 0.31
1YR Return
N / A

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