Macro Metals Secures Major Manganese Interests

Kogi Iron Ltd. (AU:M4M) has released an update.

Macro Metals Limited has successfully acquired an 80% stake in the DSO Manganese Assets in the East Pilbara region of Western Australia, excluding the Midgengadge project from the deal. The financial commitment involves a minimum expenditure of A$112,500 on the two remaining projects, Wandanya and Disraeli, along with mandatory exploratory drilling. The Wandanya Project, near the Woodie Woodie Manganese Mine, has shown promising high-grade manganese mineralization through previous drilling and sampling.

For further insights into AU:M4M stock, check out TipRanks’ Stock Analysis page.