Metals Australia LtdASX: MLS

Revised Lac Rainy Exploration Update

· Issued by Metals Australia Ltd

Filed with ASX · · 5 pages · English

Summary by 6ix AI

Metals Australia Ltd has provided an update on the Phase I channel sampling exploration program at the Lac Rainy Graphite Project in Quebec, Canada, highlighting significant progress in the campaign. The exploration has generated a substantial number of samples and identified numerous zones of graphite mineralization, extending the known strike and widths of mineralization in the area. Drill hole targeting and preparation are underway, with geological interpretations from the channel sampling expected to assist in prioritizing drill hole locations for the upcoming Phase II program. The company plans to follow up on additional extensions of mineralized zones identified during the current exploration efforts in future programs.

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