Lanthanein Resources (ASX: $LNR) Quarterly Report Highlights

Lanthanein Resources Limited (Lanthanein or the Company) is pleased to provide its quarterly report for the three-month period ending 31 March 2024. The company completed an extensive soil sampling program and drill program at the Lady Grey Lithium Project, adjacent to Covalent Lithium's Earl Grey Mine. Additionally, a maiden inferred resource was announced at the Lyons REE Project, and shareholder approval for the second tranche of capital raise was obtained.

Executive Commentary

The extensive soil sampling program and drill program at the Lady Grey Lithium Project mark significant progress for Lanthanein Resources. The company is excited about the potential for lithium mineralization at the Lady Grey Project and is encouraged by the new geochemical anomalies, particularly at the Godzilla and Avenger prospects. The maiden inferred resource at the Lyons REE Project further strengthens the company's position in the rare earth elements sector. Additionally, the shareholder approval for the second tranche of capital raise provides the necessary funding for the company's ongoing projects and exploration activities.

Summary

Lanthanein Resources (ASX: $LNR) has made substantial advancements in its projects, particularly at the Lady Grey Lithium Project and the Lyons REE Project. The completion of an extensive soil sampling program and drill program at the Lady Grey Lithium Project demonstrates the company's commitment to exploring and developing potential lithium mineralization. The announcement of a maiden inferred resource at the Lyons REE Project further enhances the company's portfolio. With shareholder approval for the second tranche of capital raise, Lanthanein Resources is well-positioned to continue its exploration and development activities. The company remains optimistic about the outlook for its projects and is focused on achieving its strategic objectives in the coming quarters.