MetalsGrove Mining Limited (MGA.AX)

Description

MetalsGrove Mining Limited engages in the acquisition, exploration, and development of green metals for the battery and renewable energy market in Australia. It primarily explores for copper, lead, zinc, gold, lithium, tin, tantalum, manganese, and rare earth elements. The company holds interest in the Upper Coondina lithium-tin and tantalum project, which comprises a single granted exploration license covering an area of approximately 6,363 hectares located southwest of marble bar in the eastern Pilbara region of Western Australia; the Woodie Woodie North manganese project consisting of a single granted exploration license that covers an area of approximately 13,740 hectares situated in the eastern Pilbara region of Western Australia; and the Bruce gold-copper and rare earth element project covering an area of approximately 17,722 hectares located northeast of Alice Springs in Northern Territory. It also owns interest in the Box Hole base metal and rare earth project covering an area of approximately 12,708 hectares located northeast of Alice Springs in Northern Territory; and the Edwards Creek copper-gold and base metal project that includes a single granted exploration license covers an area of approximately 7,587 hectares situated north-northeast of Alice Springs in Northern Territory. The company was incorporated in 2021 and is based in West Perth, Australia.