Metals Australia LtdASX: MLS

Completion of Phase II Exploration at Lac Rainy Graphite

· Issued by Metals Australia Ltd

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Metals Australia Ltd has announced the completion of its Phase II exploration campaign at the Lac Rainy Graphite Project, located in Quebec, Canada. The program included surface and channel sampling to refine targets for future diamond drilling and involved the collection of a bulk sample for metallurgical testing. The results from this testing will help determine the suitability of the graphite for the battery market, which is gaining significant attention due to the focus on renewable energy. The company is now planning its maiden diamond drilling campaign for the winter following the successful completion of this phase.

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