MRG Metals Advances Exploration with Completion of Drilling at Magonde Target

MRG Metals Limited ( (AU:MRQ) ) just unveiled an update.

MRG Metals Limited has completed an infill auger drilling program at the Magonde HMS Target in Mozambique, part of the Marao Project. This initiative, funded through a joint venture with Sinowin, involved drilling 100 holes to gather samples for mineralogical analysis. The results could lead to a Mineral Resource Estimate, enhancing the project’s value and advancing MRG’s strategy of developing HMS deposits in the region. The company plans to continue exploration activities at the Corridor North site, aiming to expand its resource base.

More about MRG Metals Limited

MRG Metals Limited is involved in the exploration and development of heavy mineral sands (HMS) projects. The company operates primarily in Mozambique and focuses on identifying and developing valuable heavy mineral deposits through joint ventures, such as the one with Sinowin.

Current Market Cap: A$10.91M

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