MetalsGrove Mining Quarterly Activities Report December 2024.

MetalsGrove Mining Limited (ASX: MGA) has released its quarterly activities report for the period ending 31 December 2024, highlighting significant progress at the Bruce Gold-Copper Project and Edwards Creek Copper-Zinc Prospect in the Northern Territory. At Bruce, assay results identified four new gold-copper prospects, with high-grade gold values reaching 53.0 g/t and copper up to 2.66%. A soil sampling program revealed a 1,400m-long gold anomaly, potentially indicative of buried quartz veins.

At Edwards Creek, results from four RC drill holes confirmed VMS-type zinc-copper-lead mineralisation, including a best intercept of 32m at 1.59% Zn, 0.48% Cu, and 0.27% Pb. Managing Director Lijun Yang expressed optimism about the discoveries and announced plans for further exploration in 2025. The company concluded the quarter with a cash position of $1.88 million and reported the successful passage of all resolutions at its AGM, underscoring strong operational and financial footing.

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