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