Mt Monger Resources (ASX:MTM) reports 4 exploration licence applications to extend gold and TREO exploration at the East Laverton Gold Project have been granted by the Western Australian Department of Mines, Industry Regulation and Safety (DMIRS).
Exploration licence E38/3507 is about 30km northeast of Laverton and expands the area held over the Pt Kidman rare earth element (REE) prospect where Monger has recently reported ‘encouraging’ aircore (AC) drilling results that show ‘significant’ TREO grades over a broad area.
The company is currently undertaking soil sampling in this part of the East Laverton project and will immediately extend the program to include the newly granted area
The company is currently undertaking soil sampling in this part of the East Laverton project and will immediately extend the program to include the newly granted area.
Exploration licences E38/3509, E39/2218 and E39/2219 are located approximately 120km to the east and southeast of the township of Laverton and cover the Company’s Dexter prospect areas, along the known gold mineralised Dexter Shear Zone and the interpreted intersection with the Yamana Shear Zone.
‘Extensive younger’ cover obscured the bedrock and historical exploration of the area is limited.
The company is currently negotiating a heritage agreement over the Dexter tenement areas with the Traditional Owners and intends to extend its current exploration program at the East Laverton project to include the new licences when this is completed.
Mt Monger Resources is an exploration company searching for gold, lithium, nickel, REE and base metals in the Goldfields and Ravensthorpe districts of Western Australia.
The company holds over 4,500km-square of tenements in three prolific and highly prospective mineral regions.
The Mt Monger Gold Project comprises a contiguous area of approximately 120km-square containing known gold deposit occurrences in the Mt Monger area, located approximately 70km southeast of Kalgoorlie, and immediately adjacent to the Randalls gold mill operated by Silver Lake Resources (ASX:SLR).
The East Laverton Gold Project is a regionally extensive package of underexplored tenements prospective for gold, base metals and REE.
The Ravensthorpe Project contains a package of underexplored tenements ‘prospective’ for gold, base metals and REE.
The Ravensthorpe Project contains a package of tenements in the southern part of Western Australia between Esperance and Bremer Bay, which are ‘prospective’ for a range of minerals including lithium, REE, nickel and graphite.
Priority drilling targets have been identified in all project areas.
Images: Mt Monger Resources Ltd