MRZ gets a mention from Barry FitzGerald in his Resources Rising Stars column..
'Today’s interest though is what having Renard up and running might mean for other ASX lithium players in the James Bay region. It is a point not lost on Mont Royal (ASX:MRZ) which was last trading at 6c for a boutique market cap of $5.1m.
Out of the Michael O’Keeffe of Glencore/Riversdale fame stable of companies, Mont’s sweetly named Northern Lights project (no resource estimate) on a lightly explored greenstone belt is actually closer to Renard than Adina (a big and growing resource).
Mont said it “considers the potential repurposing of the Renard processing plant for lithium production to be a major strategic benefit to many lithium companies (exploration and development) operating in the Upper Eastmain district, with the potential to establish a near-term, central processing hub for lithium deposits throughout the region.
All very true and giving Mont good reason to get busy in the upcoming field season, with the company now fine-tuning a proposed drilling program at the Bohier prosect, the most advanced of the broader Northern Lights prospects.
