Developing the HMS-enriched Corridor Projects in the world-class location of Mozambique, MRG Metals Limited (ASX:MRQ) discovered another high-grade HMS mineralisation zone within the Corridor District at Siaia anomaly (current footprint being ~ 1.4km X 1.1km) via a reconnaissance Auger drilling.
- Results defined a HMS zone of high-grade, >5% visual THM with mineralisation still open in every direction.
- Drilling included 3 shallow auger holes that have uncut, avg downhole visual estimated grades >3.5% THM.
- They end in sample intervals with estimated visual THM grades of >4%.
- New visual results of wide-spaced drilling (holes 20CSHA399-401) have provided very encouraging high-grade HMS mineralisation.
MRQ continues to conduct reconnaissance Auger drilling on other anomalies in the Corridor District. It is trading at $0.006 at 11:43 AM AEST.
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