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MetalsGrove Mining Ltd (ASX:MGA)

ALERT: Price-sensitive ASX Announcement for MGA
Current share price for MGA : $0.105 0.044 (72.13%)+
Announcement
Release
30 Jul 2025 8:12AM
Price at Release
$0.061
Full Release
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Summary
MetalsGrove Mining Ltd (MGA) released its Quarterly Activities Report summarizing exploration and corporate activities for the quarter ending 31 March 2024. The company focused on progressing its portfolio of critical mineral assets in Western Australia and the Northern Territory, including lithium, rare earths, and base metals projects. During the quarter, the company completed a maiden drilling program at the Bruce Rare Earth Project, identified multiple high-priority targets at the Arunta Project, and continued preparations for further exploration at the Upper Coondina Lithium Project. Additionally, MGA maintained a strong cash position to support ongoing exploration and development activities.
Key Points
  • Quarterly Activities Report covers period ending 31 March 2024
  • Continued exploration at Bruce Rare Earth Project, including maiden drilling program
  • Identified new high-priority targets at the Arunta Project
  • Ongoing preparations for further lithium exploration at Upper Coondina
  • Focus remains on critical minerals portfolio in Western Australia and Northern Territory
  • Maintained strong cash position to fund exploration and development
  • Corporate activities included engagement with stakeholders and regulatory compliance
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.