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Mt Monger Resources: Secures key tenement at Ravensthorpe

Mt Monger Resources Secures key tenement at Ravensthorpe

  • Mt Monger Resources (MTM) secures a key area of ground at its Ravensthorpe project in Western Australia
  • The company applied for a tenement located in the centre of the Young River prospect, which is over several known mineralised zones
  • The area contains ultramafic rocks, which have been interpreted to be a continuation from the Lake Johnston greenstone belt
  • It contains two high priority nickel sulphide areas, with ground that is prospective for lithium, graphite, and rare earth elements (REEs)
  • Shares are trading 6.82 per cent lower at 20.5 cents each just before market close
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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