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Lucapa Uncovers Large Base Metal Targets Near McArthur River Mine
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Lucapa Uncovers Large Base Metal Targets Near McArthur River Mine
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Two large conductive base metal targets identified by new Xcite electromagnetic survey
Targets located beneath Proterozoic sediments similar to McArthur River mine geology
First modern geophysical survey at Merlin in 25 years
Follow-up ground-based geophysics planned to refine target definitions
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