SmallCaps Spotlight: Litchfield Minerals (LMS.ASX) — Oonagalabi, MT/Gravity Data and the BHP Explore Push

## Episode snapshot - **Guest:** Matt Pustahya, Managing Director, **Litchfield Minerals** (**LMS.ASX**) - **Focus:** Progress at **Oonagalabi**, data-driven next steps, and upcoming company catalysts

## Noosa mining conference — investor momentum Matt shares how **Noosa** delivered strong engagement after the **BHP Explore** stage, with particular interest building around the **copper** theme.

## Investor comms: making sure the register knows James and Matt discuss the importance of ongoing investor communication, and Matt highlights improvements including a refreshed **company website**, joining an **investor hub** for Q&A, and staying engaged with shareholders.

## Global positioning: San Francisco and New York - **San Francisco (Scale Camp):** BHP-led learning on what it takes to build a scalable company; Litchfield says it’s already applying those components to its operating model. - **New York (Showcase Week):** A targeted presentation to **banks, institutions, high net worth individuals and major miners**—a different audience than the usual small-cap crowd.

## Oonagalabi: quality, scale and the “golden thread” Matt explains why the next phase is about connecting the dots from earlier work to what’s **in the ground**.

Key points: - BHP is seeking a significant outcome—Matt references interest in **5 million tonnes of contained copper** (company context). - Litchfield says it’s demonstrated the **development of a Tier 1-ready belt** with strong **Tier One signatures**. - The work is framed through BHP Explore’s **“golden thread”** process—answering critical uncertainties.

### MT and gravity survey (western side of the tenements) - **Progress:** ~**25% complete** at the time of the discussion. - **Data quality:** Matt notes the **quality** of incoming data looks strong, improving confidence for modelling. - **Timing:** Expected completion around **22 August**, followed by around **two weeks of modelling**.

## What else is coming up (next ~3 months) 1. **Silver Valley:** IP campaign completed; data with the geophysics team (**Agio Physicist**) and awaiting results. 2. **Mount Doreen:** Matt is working to secure a drill rig and may align with **neighbouring drilling schedules** to gather enough metres to attract drilling activity in the region.

## For listeners: what to watch - **Late August:** MT/gravity survey completion and subsequent modelling updates. - **Silver Valley:** IP data turnaround and interpretation. - **Mount Doreen:** Confirmation of drill timing and target prioritisation.

## Closing note Matt encourages investors to **keep Litchfield on their watch list** as the story progresses from program delivery to testing the prospectivity of the belt.

**Company:** Litchfield Minerals (**LMS.ASX**)

## Disclaimer

This podcast is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Listeners should conduct their own research and consider seeking professional financial advice before making investment decisions.

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