Mt Monger (ASX:MTM) launch Canadian countdown

Mt Monger (ASX:MTM) launch Canadian countdown

March 29, 2023 0 By Rueben Hale

Mt Monger Resources will commence drilling barely touched highly prospective ground at its exciting Pomme REE-Nb acquisition in Quebec, Canada, next month.

Drilling will explore a known carbonatite intrusion with just two drill holes to date, telling an exciting story about the potential extensive enriched rare earth and niobium mineralisation at this remarkably late-stage opportunity.

Map of the Pomme Project in Québec, Canada.

Pomme Project in Québec, Canada.

The adjacent world-class Montviel REE-Nb deposit highlights the area’s rich potential, bearing a defined total indicated and inferred resource of 266 Mt @ 1.45% TREO & 0.14% Nb2O5.

“During a recent trip to Canada, I was able to attend the Prospectors and Developers Association of Canada (PDAC) convention and to meet with a number of groups who will be important counterparties that can assist us as exploration at Pomme advances,” Mt Monger Managing Director Lachlan Reynolds said.

MTM.AX
METALLIUM FPO [MTM]
ASX
up arrow$1.02
$0.13
14.61%

“I was also able to introduce the Company and our plans to the Mining Coordinator for the Cree First Nation of Waswanipi.

“Detailed planning for the Pomme work program was completed with the Exploration Manager and Project Geologist from Kintavar Exploration, with whom we have entered into a Service Agreement and who will be managing the exploration activities on behalf of Mt Monger.

We are very confident that with Kintavar, the Company can successfully get the work at Pomme underway effectively and as planned.”

MTM CRITIC FPO [MTM]
Sector: Basic Materials
Industry: Other Precious Metals & Mining
Employees:
MTM Critical Metals Limited, through its subsidiaries, explores for mineral tenements in Western Australia. The company explores for gold, base metals, lithium, nickel, cobalt, graphite, and rare earth elements. It holds an option to acquire in the Pomme project comprising of 50 mineral claims covering an area of 2,400 hectares located in Quebec, Canada; and the East Laverton project consisting of nine exploration licenses covering an area of 1,900 square kilometers located in Western Australia. In addition, the company owns interest in the Mt Monger project comprising of seven granted exploration licenses covering an area of 82 square kilometers located in Kalgoorlie, Western Australia. MTM Critical Metals Limited was formerly known as Mt Monger Resources Limited and changed its name to MTM Critical Metals Limited in May 2023. The company was incorporated in 2020 and is based in Subiaco, Australia.

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