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Lion Rock Minerals Identifies High-Grade Rutile Mineralization at Cameroon Project, Shares Fall 4%

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Lion Rock Minerals (ASX:LRM) said it identified high-grade rutile mineralization during recent drilling at its Minta Project's Mboma and Loum deposits in Cameroon, according to a Thursday Australian bourse filing.

The company said results returned 72.7% heavy mineral (HM) with 3.32% in-situ rutile at Mboma and 65.4% HM with 2.02% in-situ rutile at Loum.

Minta Est alluvial samples are being independently assayed for the full rare earth element (REE) analytical suite, per the filing.

The company's shares fell 4% in recent Thursday trade.

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