MCT 0.00% 0.0¢ metalicity limited

Ann: Highly prospective Lithium project secured, 3.15% Rock Chips, page-38

  1. 1,305 Posts.
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    As far as I can determine,Monax Mining an ASX listed " lifestyle" company acquired the tenements in 2016 by agreeing to spend 500k in order to earn an 80% share.Apart from a brief site visit,that was the extent of their efforts.
    True to their history,another exercise to generate news flow in order to raise Capital.
    What I do know is that Pegmatites are common within the area and that further examination would be a relatively cheap exercise.At 100k in shares,a good pickup.
    Further research for those inclined could be garnered by using the following keywords.
    Bullock Creek
    Blackman Gap Complex
    SMA Mining
    Grants Gulley
 
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