Metals Australia LtdASX: MLS

Lac Rainy Phase 1 - High-grade assay results

· Issued by Metals Australia Ltd

Filed with ASX · · 21 pages · English

Summary by 6ix AI

Metals Australia Ltd has announced high-grade assay results from the Phase I Channel Sampling program at the Lac Rainy Graphite Project, confirming multiple extensive zones of high-grade graphite mineralization. The company plans to initiate a maiden drill program to further explore the down dip extensions of the identified graphite mineralization. These results are seen as a positive step towards defining a substantial graphite resource at the project.

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