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MRG Metals confirms high-grade heavy mineral sands in Mozambique

From caesarsreport.com

MRG Metals (MRQ.AX) has completed an aircore drill program on the Viaria and Zulene targets which are part of the Corridor South exploration license in Mozambique. The aircore drill program was designed to check up on the potential occurrence of heavy mineral sands on the licenses and all 7 aircore holes confirmed the existence of medium to high grade heavy minerals. The holes were very widely spaced (700 to 2,200 meters apart from each other) and although aircore drilling is a very rudimentary method to check the area for mineralization, it did the trick. All holes are obviously very shallow (with an average depth ... (full story)

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  • Category: Fundamental Analysis