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MRG METALS LIMITED - Discussion

MRG Metals Limited is an Australia-based heavy mineral sands (HMS) exploration company.... MRG Metals Limited is an Australia-based heavy mineral sands (HMS) exploration company. The Company has a portfolio of four high-calibre, 100%-owned projects and one further project under application in Mozambique. Its projects include Corridor Projects, Marao, Marruca, and Linhuane. The Company’s Corridor Central and Corridor South portfolio at the Corridor Projects in Mozambique includes two contiguous tenements containing 13 targets. Corridor Central (6620L) comprises 179 square kilometers (km2) and Corridor South comprises 208 km2. The Marao and Marruca projects are contiguous and consist of approximately 385 km2 with 75 km of strike of interpreted palaeocoastline. The Linhuane project comprises 113 km2 located in Inhambane province and is an application pending grant. It holds three exploration license applications (ELAs) for rare earth elements (REEs) and uranium in Mozambique. The Company also holds Lake Johnston Project and Forrestania Project in Western Australia.More