Highlights
Corporate:
- Increased focus on lithium: The Company believes that it is in the interests of the Company and its shareholders to increase its focus on its lithium projects
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- New name signifies transition to a lithium led battery minerals and technology company - EGM to effect change scheduled to take place in
- A strategic review of West Australian assets is in progress: Exploration results suggest that the Monger North and Gibraltar Projects are better suited to a larger regional package and Monger will consider opportunities to divest or joint venture these assets with other regional players to maximize shareholder value
- Company holds cash at end of
Acquisitions:
- Monger Exercises Option to acquire 100% of the
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- Brisk acquisition complements Monger's portfolio of foundational lithium assets covering all lithium resource types within Tier 1 mining jurisdictions:
- Brines and Sediment -
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Operations:
- Inaugural exploration campaign commenced at Brisk with in-country partner,
- Completed soil sampling programme at
- 643 soils samples taken across the
- Historical MT geophysics data used to construct a 3D model of the endorheic basin, in conjunction with the soil results has produced five target zones at Scotty
- Planning well advanced to engage a consultant in early 2023 to complete Geophysics MT surveys, in order to determine the depth of lithium host sediment
*To view the full Quarterly Report, please visit:
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About
Contact:
Chief Executive Officer
E: aritchie@mongergold.com.au
T: +61 (0) 403 462 383
Media and Investor Relations
E: peter@nwrcommunications.com.au
T: +61 (0) 412 036 231
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