MTM outlines strategic balance
Mt Monger Resources lays out its investment opportunity holding key mineral exploration upside potential on precious metals and critical minerals from Laverton to Esperance.
Scorecard
- Early exploration success
- New acquisitions
- Experienced team
- Leveraged share price
Investment Case
- Strategic landholding in established and emerging provinces
- Four highly prospective provinces (high potential for REE and other critical mineral discoveries)
“MTM has project areas with strong potential for globally-significant clay hosted rare earth elements and battery metal deposits,” MTM Managing Director Lachlan Reynolds
The Company’s Australian Stock Exchange share price is 14.5c.
About Mt Monger Resources Limited
Mt Monger Resources Limited is an exploration company searching for gold, lithium, nickel, rare earth elements (REE) and base metals in Western Australia’s Goldfields and Ravensthorpe districts. The Company holds over 4,000km2 tenements in three prolific and highly prospective mineral regions. The Mt Monger Gold Project comprises a contiguous area of ~120km2 containing known gold deposits occurrences in the Mt Monger area, located ~70km SE of Kalgoorlie and immediately adjacent to the Randalls gold mill operated by Silver Lake Resources Limited. The East Laverton Gold Project is a regionally extensive package of underexplored tenements prospective for gold, base metals and REE. The Ravensthorpe Project contains a package of tenements in the southern part of Western Australia between Esperance and Bremer Bay which are prospective for a range of minerals, including lithium, REE, nickel and graphite. Priority drilling targets have been identified in all project areas, and the Company is well funded to undertake effective exploration programs. The Company has an experienced Board and management team focused on discovery to increase shareholder value.