Business news

    MRG Metals (ASX:MRQ) reveals high-grade findings at Shawa carbonatite in Zimbabwe

    Article Image

    MRG Metals disclosed Phase 2 exploration findings at the Shawa carbonatite mining licences in Zimbabwe.

    The company reported high-grade results from 376 outcrops and 670 soil samples analysed via portable XRF.

    Results include phosphorus concentrations up to 48,405 ppm (4.84% P) in outcrop and 12,598 ppm (1.26% P) in soil samples. Strontium readings peaked at 8,076 ppm in outcrop and 1,204 ppm in soil, while iron values reached up to 632,512 ppm (63.25% Fe) in outcrop and 288,960 ppm (28.90% Fe) in soil.

    Samples will be analysed in a South African lab following approval from Zimbabwean authorities.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa