Metals Australia LtdASX: MLS

Exceptionally Wide High-Grade Graphite Zones Interesected

· Issued by Metals Australia Ltd

Filed with ASX · · 23 pages · English

Summary by 6ix AI

Metals Australia Ltd has announced assay results from diamond drilling at the Lac Rainy Graphite Project, highlighting the intersection of multiple wide zones of high-grade graphite. The results indicate that all reported drill holes encountered graphite mineralisation both near the surface and at depth, with several holes remaining open for further exploration. The company plans to engage with potential end-users and conduct additional metallurgical testing to enhance the understanding of the resource's potential. This announcement marks a significant step towards defining a commercially viable graphite deposit at Lac Rainy, located in Quebec, Canada.

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