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Company News
Metals Australia uncovers gold in rock chips at Eade, plans next exploration phase
Metals Australia (ASX: MLS) has identified anomalous gold at its Eade project in Canada, with rock chips returning up to 3.37 grams per tonne gold during a field mapping and sampling program. The 3.37g/t gold sample was collected along strike of historic workings within the West Eade project area. Another sample returned 0.82g/t gold further […]
Metals Australia pulls up ‘exceptionally wide’ high-grade graphite at Lac Rainy
Metals Australia (ASX: MLS) has pulled up what it claims are “exceptionally wide” high-grade graphite zones during diamond drilling at the Lac Rainy project in Quebec, Canada. The company has now received assays from five holes that were drilled, with results pending for the remaining 12 holes. Notable results were 70m at 17.1% graphitic carbon […]
Metals Australia reports high lithium recoveries from test work on Manindi ore
Lithium-ion battery metals explorer Metals Australia (ASX: MLS) revealed flotation tests on two ore samples from its Manindi tenements in Western Australia’s mid-west produced lithium concentrate grading up to 3.05%, recovering up to 77% lithium from 30% of the mass feed. Metals Australia firmed up its lithium focus on 10 May 2018 by entering a […]
From uranium to lithium: a divergent exploration path for Metals Australia and Marenica Energy
Earlier today, Metals Australia (ASX: MLS) has said it entered into a binding agreement to divest its entire interest in the Mile 72 uranium project to uranium explorer Marenica Energy (ASX: MEY). The two ASX-listed explorers have done a deal on uranium project located in Namibia, with one of the two heading off into lithium […]