MTM - Australian mineral exploration and development with a focus on gold and other precious metals discoveries in Western Australia.
19 dec 2023 == MTM to acquire West Arunta Niobium-REE Project. Prospective for mineralised carbonatites adjacent to WA1.
Highlights:
• MTM to acquire 100% of Flash Metals Pty Ltd, the beneficial owner of 3 granted exploration licences in
Western Australia’s West Arunta region, immediately adjacent to ground held by WA1 Resources
(ASX:WA1) and Encounter Resources (ASX:ENR).
• Deal includes acquisition of the Mukinbudin Niobium-REE Project, comprising 2 granted exploration
licences located 250km northeast of Perth in the South West Mineral Field of Western Australia.
• Flash also holds an option to exclusively negotiate the rights to Flash Joule Heating technology developed
by Rice University in Houston, USA which has demonstrated the potential to treat REE mineralisation and
more efficiently recover critical metals from critical metal-rich recycling and waste streams
MTM have been waiting for the news on the six holes for awhile now, maybe it will be soon
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