MGA – MetalsGrove Mining | Aussie Stock Forums

MetalsGrove Mining Limited (MGA) is an Australian-based exploration and development company, focused on the exploration and development of its portfolio of high-quality lithium, rare earth, copper-gold, manganese and base metal projects in Western Australia and the Northern Territory.

MetalsGrove Mining has two projects in Western Australia, The Upper Coondina and Woodie Woodie North Projects and three Projects in the Northern Territory, Bruce, Box Hole and Edwards Creek Projects.

Following completion of its IPO, the Company’s proposed business model will be to further explore and develop the Projects.

The Company’s main objectives will be to:

  • Undertake surface mapping geochemical and geophysical work across the Projects;
  • Focus on mineral exploration and other resource opportunities that have the potential to deliver growth for Shareholders;
  • Continue to pursue other acquisitions that have a strategic fit for the Company; and
  • Provide working capital for the Company.

It is anticipated that MGA will list on the ASX during July 2022.

 

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