Lion Rock Minerals Limited
LRM: Annual Report - Financial Year Ended 30 June 2026
Lion Rock Minerals Limited announced high-grade rutile and rare earth element drill results from its Minta Project in Cameroon, with peak rutile grades up to 72.7% HM and 3.32% in-situ rutile, and REE intercepts up to 4.54% TREO including a bonanza 21.15% TREO sub-interval. The company also confirmed high-quality rutile and monazite concentrates and completed strategic capital raises totaling $14.1 million. While the Yendon Kaolin Project's kaolin resource remains unchanged, the new discoveries and strengthened financial position significantly advance the Minta Project as a critical minerals asset, though the auditor noted a going concern uncertainty.