MRQ 10.0% 0.5¢ mrg metals limited

Ann: Preliminary Update - Yardilla Drilling at Ommaney, page-3

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    PRELIMINARY UPDATE YARDILLA DRILLING AT OMMANEY 

    Preliminary assay results from drill hole YRHD-003A at Ommaney confirms the discovery and significance of a large alteration system. 

    First assays received for YRD-003A: low gold up to 0.5 g/t, high tellurium, silver, tungsten and lead.

    Preliminary multi-element analysis using Sasak’s AGLADS system (Archaean Gold Lode Alteration Detection System) classifies the alteration zone seen in YRDH-003A as being “Proximal to Mineralisation”, giving MRG confidence to pursue the potential for adjacent high gold grades.

    Immediate drill targets already exist directly underneath (down-dip) and along strike of YRD-003A.  Assays for YRHD-001 and YRHD-002 expected next week. 

    Comprehensive analysis of multi-element geochemistry, geology and structural architecture will then be possible. 

    A detailed technical update will follow the analysis – will prioritise the follow-up drilling in February.
 
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