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MRG Metals Limited ( (AU:MRQ) ) has provided an update.
MRG Metals Limited has announced the expansion of its heavy-mineral alluvial footprint at the Adriano Rare Earth Project in Mozambique, following additional auger drilling in the south-east area of the licence. The new drilling results, which include high total heavy mineral grades, reinforce the potential for a district-scale rare earth corridor and support the interpretation of a connected drainage system with the neighboring Fotinho area. The company plans to dispatch the next batch of samples for laboratory analysis in early January 2026, which will guide further exploration efforts and potentially enhance the company’s industry positioning.
More about MRG Metals Limited
MRG Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction of heavy minerals and rare earth elements, with a significant market focus on expanding its mineral footprint in Mozambique.
Current Market Cap: A$10.91M
See more data about MRQ stock on TipRanks’ Stock Analysis page.