Leeuwin Metals Ltd provides 2024 activity update

Leeuwin Metals Ltd (ASX: $LM1) has provided an update on its activities, highlighting the progress made across its Canadian and Australian projects. The critical metals explorer has advanced the Cross Lake Lithium Project in Manitoba, Canada, with plans for a maiden drill program and securing a government exploration grant. Additionally, the company is reviewing high-grade Ni and PGE data from the William Lake Nickel Project and has initiated field activities in Western Australia for Lithium, Gold, Iron, and REE's.

Managing Director, Christopher Piggott, comments on the progress

We are excited with the progress we have made across the portfolio in our first year being listed. This is highlighted by the advancement at the Cross Lake lithium project, where we have identified a significant lithium occurrence, defining 4.7km of strike of Lithium rich pegmatites and sampled multiple +20m wide zone of lithium in historical drilling. With the drill permit application pending, we look forward to commencing our maiden drill program at Cross Lake in the coming months, where there is significant potential for the Company to define a large-scale lithium project. Leeuwin is well placed to advance exploration activities with a strong cash balance and a focused team executing the exploration programs in Canada and Western Australia.

Summary of Leeuwin Metals' 2024 activity update

Leeuwin Metals Ltd (ASX: $LM1) has made significant progress in its 2024 activity update, particularly with the Cross Lake Lithium Project in Manitoba, Canada. The company is set to commence its maiden drill program at Cross Lake, aiming to test multiple high-grade spodumene-bearing pegmatites. Leeuwin has also secured a C$150,000 government exploration grant and applied for a further C$300,000 at Cross Lake. The technical review of high-grade Ni and PGE data from the William Lake project is underway, indicating the company's multi-faceted approach to exploration. Additionally, field activities have commenced in Western Australia, targeting Lithium, Gold, Iron, and REE's. Leeuwin's proactive approach and strong financial position position the company well for future exploration and potential project development.