MetalsGrove launches advanced regolith and LiDAR survey at Zuénoula gold project in Côte d’Ivoire

The latest announcement is out from Metalsgrove Mining Ltd. ( (AU:MGA) ).

MetalsGrove Mining has begun an integrated regolith mapping, rock chip sampling and high-resolution UAV LiDAR program at its Zuénoula Project in central Côte d’Ivoire, part of the Central West Gold Project. The work, led by SEMS Exploration Côte d’Ivoire and a veteran West African regolith specialist, aims to characterise surface landforms, regolith development and gold dispersion where outcrop is limited, producing detailed GIS datasets and landform maps.

A LiDAR survey spanning about 21 square kilometres will generate high-resolution digital terrain models and orthophoto imagery to refine structural interpretation and integrate with soil geochemistry and geological mapping. Management expects the combined datasets to sharpen priority drill targets and accelerate exploration along a highly prospective gold corridor, potentially improving project economics and MetalsGrove’s competitive positioning in the Côte d’Ivoire gold exploration sector, subject to timely completion and weather conditions.

The most recent analyst rating on (AU:MGA) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Metalsgrove Mining Ltd. stock, see the AU:MGA Stock Forecast page.

More about Metalsgrove Mining Ltd.

MetalsGrove Mining Limited is a mineral exploration company focused on gold projects, including its Central West Gold Project in Côte d’Ivoire. The company is advancing early-stage exploration through geological mapping, geochemical surveys and modern remote-sensing technologies to define drill targets in highly prospective West African Birimian terrains.

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Technical Sentiment Signal: Buy

Current Market Cap: A$17.42M

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