Key points
- Grid auger drilling at Adriano establishes a 1.6 sq km mineralised footprint
- Mineralisation extends across multiple directions with significant potential
- High valuable heavy mineral content identified in samples
Full summary
MRG Metals Limited has reported significant progress in its grid auger drilling program at the Adriano Rare Earth Project. The drilling has successfully outlined a well-mineralised footprint measuring 1.6 square kilometres. The program, which included initial 20-metre step-out holes around previously reported exploration pits followed by a 200-metre step-out grid, has confirmed mineralisation across the area. Additionally, mineralogical studies on alluvial material have revealed high valuable heavy mineral content, including monazite, rutile, zircon, leucoxene, and ilmenite. The company sees substantial potential for expanding this footprint down the alluvial drainage system, which extends over a 13-kilometre strike length.
Outlook
MRG Metals plans to continue grid drilling at additional targets within both the Adriano and Fotinho tenements, aiming to develop a comprehensive understanding of the mineralised alluvial terraces.