Metals Australia LtdASX: MLS

Lac Carheil Expanded Footprint, Drilling Fully Permitted

· Issued by Metals Australia Ltd

Filed with ASX · · 11 pages · English

Summary by 6ix AI

Metals Australia Ltd has announced the receipt of drilling permits for its Lac Carheil graphite project, which is now set to expand significantly in Quebec, Canada. The project area has increased by a substantial amount, with additional claims staked that enhance its potential for graphite and iron ore. The company plans to potentially double its existing mineral resource through an approved drilling program, which is expected to commence this winter. Metals Australia is also advancing its metallurgical test work and has received interest from potential offtake partners for graphite concentrate samples.

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