MRG Metals LimitedASX: MRQ

Garies REE Project - Significant Gallium Identified

· Issued by MRG Metals Limited

Filed with ASX · · 24 pages · English

Summary by 6ix AI

MRG Metals Limited has announced significant findings of gallium associated with rare earth mineralisation at its Garies Project in South Africa, based on recent drilling results. The analysis of drill samples revealed notable levels of gallium oxide, with the highest assay reaching substantial concentrations. The chairman expressed excitement over the potential for gallium recovery as a by-product of future processing, alongside the primary focus on rare earth elements. Further metallurgical testwork is planned to explore the concentration of gallium-bearing pyrite, which could enhance the project's value.

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