MRG Metals Ltd
MRG Metals Limited is a heavy mineral sands (HMS) exploration company.
The business
MRG Metals Limited is a heavy mineral sands (HMS) exploration company. Its projects include Corridor Projects, Marao, Marruca and Linhuane. Its Corridor Central and Corridor South portfolio at the Corridor Projects in Mozambique include two contiguous tenements containing 13 targets. Corridor Central (6620L) comprises 179 square kilometers (km2) and Corridor South comprises 208 km2. The Marao and Marruca projects are contiguous and consist of 385 km2, with over 75 kilometers (km) of strike of interpreted palaeocoastline. The Linhuane project (7423L) comprises 113 km2 located in Inhambane Province and is an application pending grant. It has three exploration licenses for Rare Earth Elements (REEs) and uranium that have been granted in Mozambique, which include Fotinho (11000L; 19,865.18 Ha), Adriano (11002L; 19,777.14 Ha), and Olinga (11005L; 16,534.47 Ha). Its Garies Rare Earth Project is a high-grade, monazite-hosted rare earth system located in South Africa’s Northern Cape Province.
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Latest news
Newcomer to ASX mineral sands scene MRG Metals makes waves in Mozambique with ongoing results
Relative newcomer to the mineral sands scene MRG Metals (ASX: MRQ) has timed its entry into the space to take advantage of forecast increased consumption, with the company revealing metallurgical testwork on Koko Massava ore had generated a quality titanium dioxide product. MRG cemented ownership of highly prospective tenements in Mozambique less than two years […]
MRG Metals drilling results confirm more high-grade heavy minerals at Mozambique project
MRG Metals (ASX: MRQ) reported that auger drilling of two targets within in its South Corridor tenement in Mozambique have confirmed high-grade heavy mineral sands mineralisation (HMS). Corridor South covers 208 square kilometres of paleodunes also known from historic drilling to contain significant HMS mineralisation. Previous work established a large, high-grade mineralised zone with total […]
MRG Metals confirms ‘extensive high grade’ heavy mineral sands at Poiombo target
African explorer MRG Metals (ASX: MRQ) has confirmed “extensive high-grade” heavy mineral sand mineralisation at the Poiombo target within its Corridor South project in Mozambique. According to MRG, assays received now confirm visual estimates revealed in March and underpin the potential for a resource at Poiombo. Results received are from 201 samples arising from 31 […]
MRG Metals confirms significant heavy minerals sands discovery at Koko Massava target
A maiden mineral resource estimate by MRG Metals (ASX: MRQ) at the Koko Massava target in Mozambique has identified what the company believes is the “most significant” heavy mineral sands discovery in the last decade. The total estimate of 1.423 billion tonnes at 5.2% total heavy minerals (THM) using a cut-off grade of 4% THM […]
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