Metals Australia LtdASX: MLS

Up to 53.7% Cg Graphite in samples at Lac Rainy Project

· Issued by Metals Australia Ltd

Filed with ASX · · 15 pages · English

Summary by 6ix AI

Metals Australia Ltd has announced high-grade natural flake graphite results from the Lac Rainy Graphite Project in Quebec, Canada, confirming significant mineralization in surface samples. A Phase II exploration program is planned, which will include additional sampling and a maiden diamond drilling campaign to further assess the project's potential. The results indicate strong potential for a high-grade graphite deposit, aligning with the growing demand for graphite in lithium-ion battery production.

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