ASX:MTM 22 April 2022 KEY TENEMENT SECURED AT RAVENSTHORPE PROJECT FOR NICKEL AND LITHIUM EXPLORATION Highlights: Important tenement application secured in the centre of the Young River prospect Area contains ultramafic rocks interpreted to be the continuation of the Lake Johnston greenstone belt Known nickel mineralisation including the Boanaernup nickel laterite deposit, where historic result includes: o ~9.1m @ >1% Ni and 0.11% Co from ~21.3m depth Limited historical work exploring for nickel sulphides Lithium, graphite and REE potential untested by previous exploration
MTM daily at a daily chart supply level although it has turned higher. Needs to close above 24.5 to be of any real interest at this stage.