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LCL Resources Secures Rio Tinto Farm-In for PNG Ono Project with High-Grade Assays and $2M Asset Sale
1:42pm on Thursday 30th of April, 2026 AEST
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LCL Resources Secures Rio Tinto Farm-In for PNG Ono Project with High-Grade Assays and $2M Asset Sale
1:42pm on Thursday 30th of April, 2026 AEST
Key Points
Binding farm-in agreement with Rio Tinto for up to 80% in Ono Project
Rock chip assays up to 94.4 g/t gold and 1,885 g/t silver at Kusi Prospect
$2 million cash received from Colombian asset sale
LCL holds A$3.05 million cash post-quarter with A$247k exploration spend
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