Monger Gold: Completes sampling at newly-acquired Scotty project

Monger Gold Completes sampling at newly-acquired Scotty project

  • Monger Gold (MMG) completes an auger soil sampling program at its recently-acquired Scotty lithium project in Nevada
  • Prior to the sampling program, less than three per cent of the Scotty project had been historically sampled
  • Minor soil sampling previously completed in the area returned “extremely” strong anomalism and delineated the adjacent Bonnie Claire lithium deposit
  • Monger believes there’s a high chance the Scotty project has extensions of high-grade lithium mineralisation and expects to receive results in the next six weeks
  • Company shares are down 3.23 per cent to trade at 30 cents per share at 1:05 pm AEST
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.

You May Also Like

UK MPs Call for Royal Commission to Strengthen Financial Conduct Regulation

Parliamentarians emphasize the need for improved oversight in the financial sector.Highlights: UK MPs demand a Royal Commission to...

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...