Litchfield Minerals Unlocks Sybil Copper Target With Harts Range Licence Grant

Litchfield Minerals Advances Sybil Copper Target With New Harts Range Licence Grant

Litchfield Minerals (ASX: LMS) has been granted Exploration Licence EL34245, a 384 square kilometre tenure in the Harts Range region of central Australia, unlocking the previously undrilled Litchfield Minerals Sybil copper target Harts Range licence grant for field investigation. The licence was granted on 30 July 2026, opening access to a target that has sat untested in historical exploration records for more than a decade.

According to the announcement, multiple independent geophysical and geochemical datasets now support follow-up work at Sybil, prompting Litchfield to move from desktop analysis toward on-ground exploration.

What Is The Sybil Target And Why Does It Matter?

Sybil was first identified by Mithril Resources during regional exploration across the Lizzie Creek area in the early 2010s. Airborne electromagnetic surveying completed in 2010 detected a significant response in the area, and subsequent rock-chip sampling reported surface results of up to 0.9% copper and 0.1% zinc. Historical reporting described the Lizzie Creek targets, including Sybil, as occurring in a geological setting comparable to the nearby Basil copper-cobalt deposit.

Despite this, no drilling was undertaken at the time, according to the historical records reviewed by Litchfield. That gap now represents the basis for the company's renewed interest.

What has changed is the extent of analysis applied to the historical dataset. Litchfield has compiled historical electromagnetic data alongside regional gravity, magnetics, geological mapping, structural interpretation and surface geochemistry to reassess Sybil within a single geological framework.

The company points to several independent lines of evidence supporting the target:

• Historical airborne electromagnetic conductors: preliminary modelling indicates numerous large, shallow, north-dipping conductor plates extending over more than 1 kilometre in length
• Surface copper anomalism: historical rock-chip results of up to 0.9% copper and 0.1% zinc
• Gravity response: a broadly rounded gravity high beneath the wider Sybil area, with an anomaly amplitude of approximately +6.5 mGal relative to local background
• Favourable geological setting: Sybil is interpreted to sit within Riddock Amphibolite, the same geological unit hosting the nearby Basil copper-cobalt deposit

"The value of taking a belt-scale approach is that we can bring together work completed by different explorers, at different times and for different purposes, and assess it within one geological framework. Sybil is a good example," said Matt Pustahya, Managing Director of Litchfield Minerals.

Understanding Electromagnetic Surveying: A Primer For Investors

What Is VTEM Surveying?

Versatile Time Domain Electromagnetic (VTEM) surveying is an airborne geophysical technique that measures how the ground responds to pulsed electromagnetic fields transmitted from a loop suspended beneath a helicopter. When the transmitted signal switches off, conductive materials underground — such as sulphide minerals — generate their own secondary electromagnetic response, which sensors then record.

Why Does It Matter At Sybil?

Copper-bearing sulphide minerals like chalcopyrite are electrically conductive. When a survey detects a strong conductor in an area with known surface copper and a favourable geological setting, it raises the possibility that mineralisation may exist at depth. At Sybil, furthermore, preliminary modelling of historical data has identified multiple large, shallow conductor plates extending over more than 1 kilometre — a scale the company considers to warrant follow-up.

What Is The Important Caveat?

Electromagnetic anomalies can be generated by a range of geological sources, not all of them economically significant. Conductive amphibolite units, graphite and other non-sulphide materials can all produce similar responses. Consequently, Litchfield's planned ground-based electromagnetic program is considered important, as it is intended to better constrain the geometry, strength and depth of the conductors before any drilling decision is made.

The Basil Deposit: Regional Context That Adds Weight

Sybil does not exist in isolation. Located approximately 24.6 kilometres west of the third-party Basil copper-cobalt deposit — which sits on tenure Litchfield holds no ownership interest in — Sybil shares the same broad geological unit known as Riddock Amphibolite. Basil has been interpreted in published scientific work as a metamorphosed volcanic-hosted massive sulphide system.

Historical drilling at Basil, as reported by Mithril Resources, returned the following results:

Copper-cobalt mineralisation at Basil was historically identified over more than 2 kilometres of strike, and in March 2012 Mithril Resources reported an Inferred Mineral Resource Estimate of 26.5 million tonnes at 0.57% Cu and 0.05% Co (at a 0.3% Cu cut-off) under the JORC Code (2004).

Basil sits on third-party tenure and is included in this context solely as regional geological reference. The historical estimate has not been independently verified by Litchfield to current JORC Code standards and should not be relied upon for economic evaluation.

The geological association between Sybil and Basil does not demonstrate that similar mineralisation exists at Sybil. However, it does indicate that the broader Harts Range geological environment is capable of hosting substantial copper-cobalt systems — which is the relevant consideration for investors assessing Sybil's prospectivity.

What Happens Next: Field Campaign Set To Begin

With EL34245 now granted, Litchfield has moved to plan an initial field program expected to commence over the coming weeks. The work is designed to systematically validate historical datasets and sharpen the target definition ahead of any drilling commitment.

Planned field activities at Sybil include:

1. Geological and structural mapping across the target area
2. Locating, validating and resampling historical copper occurrences
3. Systematic rock-chip and surface geochemical sampling
4. Ground-truthing of the historical electromagnetic targets
5. Ground electromagnetic surveying to refine the geometry, strength and depth extent of the conductive response

The outputs from this campaign are intended to be integrated with existing geological and geophysical datasets to determine whether Sybil progresses toward more formal drill target definition. Any future drilling would remain subject to land access, heritage, environmental and regulatory requirements.

Oonagalabi Drilling Also On Deck

Running in parallel, Litchfield is refining drill targets at its Oonagalabi Project, located approximately 33.6 kilometres north-west of Sybil, ahead of a program the company intends to commence as soon as practical. Previous drilling at Oonagalabi's Main Zone has returned the following intercepts:

According to the announcement, the upcoming Oonagalabi program will target both strike continuity and true width, while testing the evolving geological model — specifically whether a steeply dipping shear zone acts as a key structural control on mineralisation and whether it may have focused higher-grade copper-zinc zones.

The Strategy Behind The Exploration: Belt-Scale Thinking

Sybil is presented as part of a systematic approach to exploring the Harts Range region rather than a standalone anomaly. Instead of evaluating each historical target in isolation, Litchfield is integrating electromagnetics, gravity, magnetics, geochemistry, geology and structural information across its tenure package to build a coherent picture of where mineral systems are most likely to have formed.

This belt-scale framework is intended to allow Litchfield to:

• Rank targets objectively: directing capital where multiple datasets align, rather than where a single anomaly appears
• Leverage prior exploration work: assessing historical datasets accumulated by different companies over decades within a single geological context
• Manage capital risk: applying structured decision gates so the company moves from desktop review to field validation to drilling in a defined sequence

The review remains ongoing across Litchfield's granted Harts Range tenure and has also identified areas of interest within exploration licence applications still pending grant. No exploration activity will be undertaken on application ground until the relevant title is formally granted.

"This is the approach we are applying across Harts Range: integrate the evidence, reduce the geological uncertainty and direct capital to the targets that continue to strengthen as more information is added," Pustahya said.

Why Investors Should Keep Watching Litchfield Minerals

Litchfield's approach is not centred on a single drill hole but on systematically building a portfolio of copper targets across a geologically prospective region of central Australia. The company describes this as applying structured, evidence-driven exploration methodology.

The Litchfield Minerals Sybil copper target Harts Range licence grant illustrates this strategy in practice. A target that remained undrilled for more than a decade has been elevated to priority status following a compilation of independent datasets that, according to the company, converge on the same area. The grant of EL34245 allows Litchfield to transition from analysis toward field-based testing.

Key reasons to track this story:

• Upcoming field results from Sybil: geological mapping, ground electromagnetic surveying and rock-chip sampling are expected over the coming weeks, with results to inform whether Sybil progresses toward drilling
• Oonagalabi drilling program: a planned return to the Main Zone to test strike continuity, true width and structural controls on mineralisation, building on copper-zinc intercepts already reported
• Belt-scale target pipeline: additional targets are expected to be reported progressively as the Harts Range historical review advances and new tenure becomes available
• Structured capital allocation: the company's decision-gate approach is intended to ensure exploration spending is directed where geological evidence is strongest

Key Takeaway: Litchfield Minerals (ASX: LMS) is advancing a belt-scale copper exploration strategy across the Harts Range region, with the newly granted EL34245 licence enabling field validation of the Sybil copper target. With ground electromagnetic surveying and geological mapping planned in the near term at Sybil, and drilling being refined for a return program at Oonagalabi, the company is building toward a series of potential catalysts grounded in systematic exploration work.

Ready To Follow Litchfield Minerals' Harts Range Copper Story?

With the Sybil field campaign set to commence in the coming weeks and an Oonagalabi drilling programme being refined in parallel, Litchfield Minerals (ASX: LMS) is building toward a series of near-term exploration catalysts across its Harts Range tenure. Investors looking to understand the full scope of the company's belt-scale copper strategy — including its systematic approach to target ranking and capital allocation — can find out more by visiting www.litchfieldminerals.com.au.